Global Poly Coated Kraft Paper Market, By Grade (Unbleached, Bleached, Natural), Packaging Formats (Bags, Sacks, Pouches, Envelopes), End User (Food and Beverages, Building and Construction, Automotive, Cosmetics and Personal Care, Electrical and Electronics, Chemicals and Agrochemicals, Others) – Industry Trends and Forecast to 2029.
Poly Coated Kraft Paper Market Analysis and Size
Poly coated kraft paper is normally used in wrapping applications because in wrapping requires a grease or moisture barrier and added strength. This paper can also be used in tie sheet and pallet liner applications because it also requires a moisture barrier. Poly coated kraft paper protects the products from dust, water, oil and grease damage. Poly coated kraft paper is mostly used in the import and export industry since it is an effective and economical packaging solution. This will positively impact the poly coated kraft paper market during the forecasted period.
Data Bridge Market Research analyses that the poly coated kraft paper market was valued at USD 4110.00 million in 2021 and is expected to reach USD 5980.43 million by 2029, registering a CAGR of 4.80% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Poly Coated Kraft Paper Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Grade (Unbleached, Bleached, Natural), Packaging Formats (Bags, Sacks, Pouches, Envelopes), End User (Food and Beverages, Building and Construction, Automotive, Cosmetics and Personal Care, Electrical and Electronics, Chemicals and Agrochemicals, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Mondi (U.K.), Segezha group (Russia), Klabin SA (Brazil), Billerudkorsnas (Sweden), Stora Enso (Finland), Daio Paper constrution (Japan), Nordic Paper (Sweden), Glatfelter (U.S.), Gascogne Papier (Austria), Glatfelter Corporation (U.S.), Tokushu Tokai Paper Co., Ltd. (Japan), Goodwin Robbins Packaging Company Inc. (U.S.), Oji Holdings Corporation (Japan), CTI Paper USA (U.S.), Canfor (Canada), Genus Paper & Boards Limited (India), Georgia-Pacific (U.S.) Canadian Kraft Paper Ltd.(Canada), Fujian Qingshan Paper Co., Ltd.(China), Smurfit Kappa (U.S.), WestRock Company (Ireland), SCG PACKAGING (Thailand), International Paper (U.S.)
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Market Opportunities
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Market Definition
The poly coated kraft paper can be large strength, durability and finish then ordinary kraft paper. The poly coated kraft paper will show moisture and grease barrier properties. Poly coated kraft paper’s features such as grease, water, oil resistance, and puncture make it a perfect alternative compared to other rigid packaging options.
Global Poly Coated Kraft Paper Market Dynamics
Drivers
- High demand in packaging industry
Poly coated kraft paper is widely used in packaging industry due to having good folding resistance, toughness, moisture or barrier properties and others. It has high-strength compression performance comparison to ordinary kraft paper due to this it is used for packaging in the packaging industry which upsurge the demand of poly coated Kraft paper for packaging and are anticipated to drive the growth rate of the poly coated kraft paper market.
- Increase the demand in food sector
Kraft paper is available in several variety. Poly coated kraft paper is one of the vital form of all the paper and is generally used to pack food such as dried fruits and vegetables, sugar and flour. The food and beverage industry use this paper products for food safety purposes. As increase the demand of this paper in food packaging industry also increase the growth of poly coated kraft paper market.
- Highly used for gift wrapping
Poly coated kraft paper widely used for the gift wrapping because it is very versatility and contain some other beneficial properties. The characteristic nature makes the poly coated Kraft paper more favourable due to their Texture, variety options in colour.
Opportunities
- Changing and improving lifestyle of consumers
The life style of the consumers changes and improve because of their increase in general income level due to this also increased the consumption of healthcare products, food & beverage and home care products mainly in the developing economies which is expected to fuel the demand for the poly coated kraft paper market in the years to come.
Also, eco-friendly packaging is gaining popularity amongst the brand owners due to the government’s regulatory standards on banning single-use plastics. This has triggered the f manufacturers to shift toward the environment friendly packaging formats which will create the beneficial opportunities for the growth of the poly coated kraft paper market.
Restraints/ Challenges
- Unavailability of raw materials
However, shut down of several pulp manufacturing industries because of unavailability of raw material used for production of polyolefin coated kraft paper could lead to the decline in the sales of the global polyolefin poly coated kraft paper market and hinder the growth of the market.
Also, the unacceptability of the product to high exposure purposes such as laser printing is expected to challenge the poly coated kraft paper market during forecast period.
This poly coated kraft paper market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the poly coated kraft paper market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Poly Coated Kraft Paper Market
The outbreak of covid-19 pandemic has affected several businesses which used to play a huge role in the market. They have shifted their processes away from the source. The supply and manufacturing unit have been severely impacted during this pandemic. The poly coated kraft paper industry have also been affected by this coronavirus. The demand from end-user and consumers has shifted intensely. COVID resulted in a decline in packaging services but augmented the demand from online platforms and e-commerce sector. So due to the e-commerce platform augmenting the demand of poly coated kraft paper for several industries
Global Poly Coated Kraft Paper Market Scope
The poly coated kraft paper market is segmented on the basis of grade, packaging format and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Grade
- Unbleached
- Bleached
- Natural
Packaging Formats
- Bags
- Sacks
- Pouches
- Envelopes
End User
- Food and Beverages
- Building and Construction
- Automotive
- Cosmetics and Personal Care
- Electrical and Electronics
- Chemicals and Agrochemicals
- Others
Poly Coated Kraft Paper Market Regional Analysis/Insights
The poly coated kraft paper market is analysed and market size insights and trends are provided by country, grade, packaging format and end-user as referenced above.
The countries covered in the poly coated kraft paper market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the poly coated kraft paper market in terms of revenue. This is due to the increasing demand for poly coated kraft paper in this region. The Asia-Pacific region leads the poly coated kraft paper market due to the developments in the building and construction, rapid industrialization and increasing consumption of homecare products, medicines and food and beverages in this region.
North America is expected to be the fastest developing region during the projected period due to the rising demand of re-usable poly coated kraft paper in retail sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Poly Coated Kraft Paper Market Share Analysis
The poly coated kraft paper market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to poly coated kraft paper market.
Some of the major players operating in the poly coated kraft paper market are:
- Mondi (U.K.)
- Segezha group (Russia)
- Klabin SA (Brazil)
- Billerudkorsnas (Sweden)
- Stora Enso (Finland)
- Daio Paper constrution (Japan)
- Nordic Paper (Sweden)
- Glatfelter (U.S.)
- Gascogne Papier (Austria)
- Glatfelter Corporation (U.S.)
- Tokushu Tokai Paper Co., Ltd. (Japan)
- Goodwin Robbins Packaging Company Inc. (U.S.)
- Oji Holdings Corporation (Japan)
- CTI Paper USA (U.S.)
- Canfor (Canada)
- Genus Paper & Boards Limited (India)
- Georgia-Pacific (U.S.)
- Canadian Kraft Paper Ltd. (Canada)
- Fujian Qingshan Paper Co., Ltd. (China)
- Smurfit Kappa (U.S.)
- WestRock Company (Ireland)
- SCG PACKAGING (Thailand)
- International Paper (U.S.)
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