Global Saturating Kraft Paper Market – Industry Trends and Forecast to 2031

Saturating Kraft Paper Market Analysis and Size

The global saturating kraft paper market is experiencing steady growth fueled by the need for sustainable and robust packaging solutions. Renowned for its high strength, scratch resistance, and moisture barrier properties, saturating kraft paper finds extensive use in diverse packaging applications. Recent trends indicate a rising adoption across sectors such as food and beverage, e-commerce, and consumer goods. Its eco-friendly characteristics and durability in harsh environments further drive its market expansion. As demand for sustainable packaging solutions continues to surge, the saturating kraft paper market is poised for continued growth.

Data Bridge Market Research analyses that the global saturating kraft paper market, which was USD 1.50 billion in 2023, is expected to reach USD 2.21 billion by 2031, and is expected to undergo a CAGR of 4.96% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.         

Report Scope and Market Segmentation      

Market Definition

Saturating craft paper is a type of regular paper, but it is made stronger and tougher than regular paper. It is soaked or filled with a special substance, usually resin, making it very sturdy. This type of paper is good for things such as packaging because it can withstand rough handling and protects the items and ensures better safety for packaged objects.

Global Saturating Kraft Paper Market Dynamics

Drivers

• Surging Demand for Tear-Resistant Packaging

In industries such as e-commerce, logistics, and food packaging, tear-resistant materials such as saturating kraft paper offer enhanced protection against tears and punctures, safeguarding goods from damage and contamination. As consumers seek durable and reliable packaging solutions, tear-resistant materials become increasingly essential for maintaining product quality and reducing the risk of losses due to damaged goods in the supply chain. Thus, the surging demand for tear-resistant packaging stems from the need to ensure product integrity during handling, transportation, and storage.

• Adoption of Recyclable Packaging Materials to Addresses Environmental Concerns

As conservational awareness increases, businesses and consumers asuch as prioritize materials such as saturating kraft paper that can be recycled. This trend aligns with global efforts to reduce plastic waste and minimize the ecological impact of packaging. Industries contribute to a circular economy, by opting for recyclable materials, promoting responsible consumption and waste reduction. This adoption signifies a positive shift toward eco-friendly practice in packaging and addresses environmental concerns. The adoption of recyclable packaging materials reflects a growing commitment to environmental sustainability, which is driving the market growth

Opportunities

•  Advancements in Paper Manufacturing Technologies

Advancements in paper manufacturing technologies drive innovation in the saturating kraft paper market. These innovations encompass improvements in pulp processing, papermaking machinery, and chemical treatments. Enhanced manufacturing techniques result in kraft paper with superior strength, robustness, and humidity resistance properties. Moreover, technological advancements enable the production of saturating kraft paper with reduced environmental impact, aligning with sustainability goals. These advancements foster the development of high-quality packaging solutions that meet the evolving demands of industries and consumers while promoting efficiency and ecological governance.

• Expansion of the Retail Sector Signifies Increased Demand for Packaging Solutions

As retail outlets boom, then the need for sturdy, biodegradable packaging materials to accommodate the growing volume of products. Saturating kraft paper offers retailers a supportable option for packaging goods, aligning with consumer preferences for environmentally responsible products. With the retail sector expanding globally, saturating kraft paper becomes integral in meeting the packaging needs of various industries, and supporting product presentation, protection, and sustainability goals. Thus, the expansion of the retail sector signifies increased demand for packaging solutions such as saturating kraft paper, which is creating opportunities for market growth.

Restraints/Challenges

• High Initial Investment in Manufacturing Infrastructure

Establishing a paper manufacturing facility requires substantial capital investment in machinery, equipment, and facility construction. This initial financial outlay can discourage potential investors and manufacturers from entering the market or expanding existing operations. In addition, the complex and specialized nature of paper manufacturing infrastructure necessitates skilled labor and ongoing maintenance costs, further adding to the financial burden and hindering market growth. Thus, the high initial investment in manufacturing infrastructure presents a significant restraint in the saturating kraft paper market.

• Dependency on Weather Conditions Affecting Fiber Quality

Weather fluctuations, such as droughts or excessive rainfall, can affect the growth and quality of timber and other fiber sources. Adverse weather conditions can lead to reduced fiber quality, affecting the strength and durability of the resulting paper product. Such dependency poses challenges for manufacturers in maintaining consistent product quality and meeting market demands. The dependency on weather conditions significantly impacts the quality of fibers used in saturating kraft paper production. Thereby, it is expected to restrain the saturating kraft paper market growth.

This global saturating kraft paper market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 global saturating kraft paper market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In June 2022, Stora Enso launched a 100% virgin fiber-based kraftliner tailored for demanding packaging needs. This innovation enhances packaging strength and sustainability, meeting evolving market demands for robust and eco-friendly solutions. It strengthens Stora Enso's market position, attracting customers seeking high-quality, environmentally-responsible packaging materials
• In April 2021, Bellmer, a machinery producer, partnered with Segezha Group to build a new paper machine in Sokol, Vologda Region, Russia. Scheduled for launch in 2023, the machine enhances production capacity, supports market demand, and boosts economic growth in the region by providing advanced paper manufacturing technology
• In 2020, Formica Group expanded its Surface Set 2020 with two recycled materials: natural and black kraft. These additions align with eco-conscious trends, offering sustainable options for consumers while promoting circular economy practices. It diversifies Formica's offerings, attracting environmentally-conscious customers and driving market growth

Global Saturating Kraft Paper Market Scope

The global saturating kraft paper market is segmented into four notable segments which are based on weight, paper grade, application, and end use. The growth amongst these segments will help you analyze meager 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.

Weight

• Less Than 50 GSM
• 50 to 100 GSM
• 100 to 200 GSM
• More Than 200 GSM

 Paper Grade

• Unbleached Saturating Kraft Paper
• Bleached Saturating Kraft Paper

 Application

• Countertop
• Partition
• Shelving
• Flooring Panels
• Others

End Use

• Household
• Industrial

Global Saturating Kraft Paper Market Regional Analysis/Insights

The global saturating kraft paper market is analysed and market size insights and trends are provided by country, weight, paper grade, application, and end use as referenced above.

The countries covered in the global saturating 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, and Rest of Middle East and Africa

Asia Pacific is expected to dominate the global saturating kraft paper market because of the amplified demand for saturating kraft papers in heavily populated countries as it is progressively utilized in the production of packages to ensure expense savings, sustainability, and the security of packaged products. Furthermore, the growing application of saturating kraft papers in the food and beverages, healthcare, consumer durables, building, and construction industries will further boost the growth of the saturating kraft paper market in the region during the forecast period.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as 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 Global Saturating Kraft Paper Market Share Analysis

The global saturating kraft paper market competitive landscape provides details by competitors. 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, and application dominance. The above data points provided are only related to the companies' focus related to the global saturating kraft paper market.

Some of the major players operating in the global saturating kraft paper market are:

• WestRock Company. (U.S.)
• International Paper. (U.S.)
• MM Kotkamills (Finland)
• Nordic Paper (Sweden)
• Pudumjee Paper Products (India)
• Venkraft Paper Mills Pvt. Ltd. (India)
• Ahlstrom  (Finland)
• Fleenor Company, Inc. (U.S.)
• Fortune Paper Mills LLP (India)
• Millenium Papers Pvt. Ltd. (India)
• Koehler Paper Group (Germany)
• Shanghai Plastech International Trading Co., Ltd. (China)
• Onyx Papers .(U.S.)
• SWM Group (U.S.)
• Oji Holdings Corporation. (Japan)
• Canfor(Canada)
• J Hill Container Company, Inc.. (Canada)
• Canadian Kraft Paper Ltd. (Canada)
• Ranheim Paper & Board AS (Norway)
• Holland Manufacturing Company (U.S.)
• Midland (U.S.)
• Mondi (U.K.)
• Leizhan (China)

SKU-61178