Kraftliner Market Size
Appreciated at over USD 41.20 billion in 2023, Kraftliner Market is expected to expand at a CAGR of 5.3% between 2024 and 2032. The fast growth of e-commerce fuels demand for kraftliner packaging materials to guarantee product delivery and safe shipment. Companies looking for environmentally acceptable packaging solutions as environmental issues becoming more important are kraftliner, a reusable, biodegradable material.
Customers may want goods wrapped in materials like kraftliner and are growing more aware of ecological methods. Kraftliner is a good choice since the food and drink sector needs premium packaging safe for direct food contact.
| Report Attribute | Details |
|---|---|
| Base Year | 2023 |
| Kraftliner Market Size in 2023 | USD 41.2 Billion |
| Forecast Period | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR | 5.3% |
| 2032 Value Projection | USD 65.5 Billion |
| Historical Data for | 2018 to 2023 |
| No. of Pages | 200 |
| Tables, Charts & Figures | 246 |
| Segments covered | Product Type, Basis Weight, End-use, Distribution Channel, Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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Making kraftliner calls for wood fiber and energy, which raises questions about carbon emissions, ecosystem damage, and deforestation. The rise of alternative packaging materials—including bioplastics and other environmentally friendly choices—creates rivalry for kraftliner. Variability in wood fiber prices can influence the whole kraftliner manufacturing cost, so influencing pricing policies and profitability. Therefore, the hazards connected to Kraftliner could lower the acceptance rate, so impairing the corporate expansion.
COVID-19 Impact
Variations in consumer spending patterns and variations in taste for packaged goods caused demand for kraftliner to swing. Online buying increased when brick-and-mortar establishments closed, which raised demand for packaging materials including kraftliner for e-commerce shipments. Therefore, it is expected that the lower COVID-19 cases and the application of later policies by government and non-governmental groups will propel the company growth in the next years.
Kraftliner Market Trends
Growing focus on sustainability fuels demand for kraftliner, noted for its recyclability, biodegradability, and renewable source (wood fiber). The growth of online buying drives demand for kraftliner since it offers dependable and strong packaging solutions for shipments of e-cigarettes. Given kraftliner's natural look, consumers choose simple, environmentally responsible packaging designs.
Kraftliner Market Analysis
The kraftliner market is split according on the type of product as bleached and unbleached. In 2022, bleached had a market worth of USD 22.4 billion most of which Bleached kraftliner is fit for packaging where visual appeal is paramount since it presents a clear and brilliant look. Its elegant appearance helps it to be suitable for uses calling for a premium and sophisticated look.
The kraftliner market is categorized based on basis weight as Up to 250 GSM, 250 to 400 GSM, above 400 GSM. With a commanding market share of around 42% in 2022 and predicted to rise at a rich rate through 2032, Up to 250 GSM Lightweight packing is best served with low basis weight kraftliners to reduce total package weight.
The kraftliner market is broken out depending on application as food and beverage, electrical and electronics, healthcare, automotive and allied industries, chemicals and fertilizers, others. With a dominating market share in 2022 and expected to increase at 5.2% CAGR till 2032, food and beverages Food products are packaged using Kraftliner since it helps to preserve freshness of products and guard against outside elements. Therefore, the premium services and increasing consumption of Kraftliner at food outlets are expected to hasten the business statistics.
Based on application, the kraftliner market is segmented as packaging industry, wholesale distribution, others. Packaging Industry held a dominant market share in 2022 and is anticipated to grow significantly up to 2032. Kraftliner packaging is suitable for palletized distribution, ensuring products remain protected during warehousing and transit. Kraftliner packaging aids in efficient storage and handling within distribution centers.
U.S. dominated the North American region with majority market share and a revenue of USD 8.1 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. The increasing trend of online shopping drives the need for kraftliner packaging that provides protection for goods during shipping.
Kraftliner Market Share
Some of the major business players operating in the Kraftliner market are
- International Paper Company
- WestRock Company
- Georgia-Pacific LLC
- Smurfit Kappa Group
- Mondi Group
- DS Smith Plc
- Nine Dragons Paper (Holdings) Limited
- KapStone Paper and Packaging Corporation
- Pratt Industries, Inc.
- BillerudKorsnäs AB
- Svenska Cellulosa Aktiebolaget (SCA)
- Klabin S.A.
- Stora Enso Oyj
- Packaging Corporation of America
- Rengo Co., Ltd.
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Kraftliner Industry News
- In 2022, DS Smith Plc partnered with Zeus, an Ireland-based global packaging company, to offer a Coffee Cup Recycling Scheme to the Ireland market.
Kraftliner market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments
By Product Type
- Bleached
- Unbleached
By Basis Weight
- Up to 250 GSM
- 250 to 400 GSM
- Above 400 GSM
By End-use
- Food & Beverage
- Electrical & Electronics
- Healthcare
- Automotive & Allied Industries
- Chemicals & Fertilizers
- Others
By Distribution Channel
- Packaging Industry
- Wholesale Distribution
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
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