What Fueled The Previous Growth In The Saturating Kraft Paper Market?
The saturating kraft paper market has seen considerable growth due to a variety of factors.
• The saturating kraft paper market has experienced strong growth in recent years. It will rise from $1.45 billion in 2024 to $1.55 billion in 2025, with a CAGR of 7.1%.
This growth is driven by the demand from the packaging industry, the shift toward sustainable and recyclable packaging, a focus on the circular economy, growing paper recycling initiatives, economic fluctuations influencing consumer spending, and regulatory changes favoring eco-friendly packaging materials.
What Can Be Expected from the Saturating Kraft Paper Market Size?
The saturating kraft paper market is expected to maintain its strong growth trajectory in upcoming years.
• The saturating kraft paper market is set to grow strongly, reaching $2.02 billion by 2029 at a CAGR of 6.8%.
Growth is driven by the rise of e-commerce, biodegradable packaging demand, and consumer awareness. Trends include innovations in barrier coatings, premium-grade kraft paper for luxury packaging, smart packaging solutions, and improvements in paper manufacturing processes.
What Are the Critical Driver Fuelling The Saturating Kraft Paper Market's Growth?
The expansion of the saturating kraft paper market is anticipated to be driven by the increasing needs within the construction sector. The construction sector is responsible for the ideation, formulation, and completion of building and infrastructure schemes, including those for residential, commercial, and civil engineering purposes. The construction field is experiencing growth due to factors such as escalating urbanization, infrastructure evolution, population expansion, and a rise in investments dedicated to residential and commercial initiatives. The construction sector mainly utilizes saturated kraft paper for packaging and preserving materials like cement, plaster, and additional building resources. It's characterised by its durability, resistance to tearing, and ability to ward off moisture, making it ideal for coping with the challenges of construction surroundings. For example, in November 2023, the UK's Office for National Statistics released reports indicating that the total new construction jobs had seen an increase of £18,161 million in 2022, with a surge in both private and public new tasks, experiencing growth of 16.8% and 13.1% respectively. Hence, it is the escalating requirements within the construction sector that is fuelling the growth of the saturating kraft paper market.
How Is The Saturating Kraft Paper Market segmented?
The saturating kraft paper market covered in this report is segmented –
1) By Paper Grade: Bleached, Unbleached
2) By Weight: Less Than 50 GSM, 50-100 GSM, 101-200 GSM, More Than 200 GSM
3) By Application: Flooring, Shelving, Partition, Countertops, Panels, Other Applications
4) By End-User: Industrial, Residential
Subsegments:
1) By Bleached: Coated Bleached Kraft Paper, Uncoated Bleached Kraft Paper
2) By Unbleached: Natural Unbleached Kraft Paper, Recycled Unbleached Kraft Paper
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What New Trends Are Influencing The Saturating Kraft Paper Market?
Leading organizations in the saturating kraft paper market are innovating technologically superior offerings such as OBA-free kraftliner to meet the demanding expectations of the packaging industry. OBA-free kraftliner refers to a style of paperboard that is produced without the use of optical brightening agents (OBAs). As an example, in June 2022, Stora Enso Oyj, a company based in Finland that manufactures saturating kraft paper, unveiled their AvantForte WhiteTop kraftliner. This type of kraftliner, solely manufactured from untouched fibers, is specifically engineered to meet the needs of brand proprietors for safe, high-performing packaging free of plastic. It suits the rising market need for eco-friendly packaging solutions by delivering superior strength, cleanliness, and aesthetics. Developed for excellence in uses that demand both excellent print quality and sturdy integrity, it guarantees dependability and respect for the environment.
Who Are the Key Players In The Saturating Kraft Paper Market?
Major companies operating in the saturating kraft paper market are:
• WestRock Company
• International Paper Company
• Stora Enso Oyj
• Mondi Group
• Sappi Limited
• Ahlstrom-Munksjo Oyj
• Holmen AB
• Metsä Board Corporation
• Domtar Corporation
• Kruger Inc.
• Nordic Paper AS
• Kotkamills
• Pudumjee Paper Products Ltd.
• Holland Manufacturing Company
• Gordon Paper Company Inc.
• Fleenor Paper Company
• Plastech Group Limited
• Potsdam Specialty Paper Inc.
• Zerust
• Fortune Paper Mills LLP
• Onyx Specialty Papers Inc.
• Ranheim Paper & Board AS
• Oji Holdings Corporation
• Segezha Group LLC
• Venkraft Paper Mills Pvt. Ltd
What Is The Most Dominant Region In The Saturating Kraft Paper Market?
Asia-Pacific was the largest region in the saturating kraft paper market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the saturating kraft paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
