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“Application of Kraft Packaging in the Ecommerce Sector Will Remain High”
NEWARK, DE / ACCESSWIRE / August 18, 2022 / The global kraft packaging market is expected to reach a valuation of US$ 36.9 Bn in 2022. With demand growing at a 5.1% CAGR over the forecast period, the market size will total US$ 60.6 Bn by 2032.
As plastic pollution is increasing, sustainable packaging solutions have become prevalent, thereby fueling demand for kraft packaging. Consumers are becoming more interested in eco-friendly packaging to protect the environment. Kraft paper is produced from all-natural materials, making it a green alternative.
Kraft packaging is used in various industries such as food & beverages, pharmaceuticals, and e-commerce. Kraft packaging has grown popular due to its strength and sturdiness and is used in packaging applications for wrapping individual products and creating sturdy carton and rigid boxes.
Due to its durability, elasticity, and environmentally friendly benefits, kraft packaging is widely used in e-commerce. The versatility of kraft packaging will improve the look and feel of the products, reduce shipping costs, and enhance the branding of the company with printing techniques like CMYK offset printing and spot UV finish.
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Kraft packaging is easily customizable and can make unique packaging shapes effectively and easily. This makes kraft packaging superior to others because every packaging material does not allow manufacturers to make customizable shapes easily.
Customized printing in kraft packaging helps to promote the brand by printing tagline, logo, slogan, product information, and enhances the beauty of packaging. Black printing, white printing, full-color printing, and vivid color printing can be used on kraft packaging. Printed and customized kraft paper packaging stands out from other packaging and the experience of unboxing is also different. This increases the acceptability of kraft packaging, which will further boost the sales.
“Growing preference for biodegradable packaging solutions in the ecommerce sector, along with increasing usage of kraft boxes for food packaging will create opportunities for growth in the market,” says an FMI analyst.
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Amcor plc, DS Smith, Packaging Boxes Pro, Sappi Limited, International Paper Inc., Fshiny Packaging Manufacturer, Canadian Kraft Paper Ltd., Foshan DXC Packaging Co., Ltd., WestRock Company, Stora Enso Oyj, Smurfit Kappa Group plc, Nippon Paper Group, Mondi Group Plc., Ahlstrom-Munksjö Oyj, BillerudKorsnäs AB, Sukraft Papers Private Limited, French Paper Company.
Global Kraft Packaging Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for kraft packaging market by product type (bleached kraft paper, and unbleached kraft paper), by packaging type (boxes, bags pouches, cartons, clamshell, wraps, sacks, and others (sachet, mailers, corrugated sheets, etc.)) by end use (food & beverages, pharmaceuticals, building & construction, cosmetic & personal care, electrical & electronics, e-commerce, automotive, textile, and agriculture) across seven regions.
Global Kraft Packaging Market By Category
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4. Global Kraft Packaging Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Bn) & Volume (‘000 Tonnes) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Bn) & Volume (‘000 Tonnes) Projections, 2022-2032
5. Global Kraft Packaging Market Analysis 2015-2021 and Forecast 2022-2032, By Product Type
5.2. Historical Market Size Value (US$ Bn) & Volume (‘000 Tonnes) Analysis By Product Type, 2015-2021
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Top Reports Related To Packaging Market Insights
Packaging Bins Market Size– Global sales of packaging bins stood at around US$ 1.9 Bn in 2021 and is slated to increase at a CAGR of 4.4% to reach a valuation of US$ 3.0 Bn by 2032.
FMCG Packaging Market Share – The global FMCG packaging market is expected to reach US$ 418.8 Bn in 2022, with sales growing at a CAGR of 5.7% through 2032.
Beverage Packaging Market Trends – The global beverage packaging market is estimated at USD 104.8 Bn in 2022 and is projected to reach USD 128.2 Bn by 2027, at a CAGR of 4.1% from 2022 to 2027.
Flexible Packaging Paper Market Outlook – The flexible packaging paper market is on track to grow at an estimated CAGR of 4% during 2022-2032.
Machine Glazed Kraft Paper Market Sales – The global machine glazed kraft paper market is estimated at US$ 9.3 Bn in 2022 and is projected to reach US$ 14.5 Bn by 2030, at a CAGR of 6% from 2022 to 2030.
Kraft Paper Machine Market Analysis – The kraft paper machine mainly consists of three sectional systems namely forming section, press section, drying section and lastly the calendar section. Kraft Paper machines systems are the drive systems that increase the performance of the machine and delivers improved quality of the paper.
Kraft Paper Tapes Market Demand – The kraft paper tapes market is growing consistently as it does not consist of any harmful solvent during manufacturing. Furthermore, kraft paper tapes are resistant to abrasion, water, solvents, and oil.
Kraft Paper Pouch Market Type – Kraft paper pouch is easy to open and close and convenient to carry. Due to concerning more about the hazardous use of single-use plastic the consumer are focusing more on using the eco-friendly product which is favouring the adoption of kraft paper pouch.
Kraft Paper SOS Bag Market Value – Kraft paper SOS (self-open style) bags are predominantly used in the retail and food packaging sector as they offer reasonable strength, and are economical yet sustainable.
Kraft Bubble Mailers Market Forecast – The global kraft bubble mailers market is expected to be valued at US$ 5,499.5 Million in 2022, expected to reach US$ 7,897.1 Million by 2032. A CAGR worth 3.7% is expected for the market during the 2022-2032 forecast period.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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SOURCE: Future Market Insights, Inc.
View source version on accesswire.com: https://www.accesswire.com/712612/Kraft-Packaging-Market-to-Gain-Traction-at-51-CAGR-by-2032-As-Demand-for-Paper-Packaging-Grows–Future-Market-Insights-Inc
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