Kraft Paper Market Overview:

The Kraft Paper Market has been thoroughly analysed in a recent report published by MMR. Offering a strategic analysis, the report covers a wide array of vital aspects, including top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. 

Growth Potential of Kraft Paper Market:

Kraft Paper Market size was valued at US$ 19.52 Bn. in 2024, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 25.50 Bn. By 2032

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Kraft Paper Market Report Scope and Research Methodology:

Kraft Paper Market report offers a detailed analysis of the global Kraft Paper industry. It classifies the market based on offerings, deployment mode, application, end-user industry, and region, providing valuable insights for stakeholders. The analysis also includes an in-depth assessment of past market dynamics spanning from 2018 to 2022, enabling readers to compare past trends with current market scenarios and better grasp the impact of key players.

Kraft Paper Market Regional Insights:

North American region emerged as the leader, closely followed by Europe and the Asia Pacific. The Asia Pacific region, fueled by rapid technological advancements, is expected to experience substantial growth throughout the forecast period.

Kraft Paper Market Segmentation:

by Grade

Unbleached
Bleached
Wrapping & Packaging
Others

Due to its brown unglazed grade, high durability, and use as a base for various coatings, laminations, and packaging, the Unbleached segment took the lead in the market by grade in 2024, accounting for 32% of the market. These factors are driving the growth of the Unbleached segment in the kraft paper market.

by Packaging Form

Corrugated Boxes
Grocery Bags
Industrial Bags
Others

In terms of packaging form, corrugated boxes held a 36.4% market share in 2024. They make shipping products easier to handle in addition to protecting them from damage. Because they are recyclable and reusable, this sector lessens packing waste. Corrugated boxes are in high demand in the following industries: food and beverage, building and construction, clothing, freight forwarding, logistics, cosmetics and personal care and medications. These elements are propelling the market segment's expansion.

by Application

Foods & Beverage
Pharmaceuticals
Building and Construction
Cosmetics & Personal Care
Others

With a 35.6% market share in 2024, the Foods and Beverage category led the market by application. Kraft paper is increasingly being used for bakery goods and ingredients, cheese and dairy products, coffee, crisps, nibbles, and nuts, ice cream, coffee, dehydrated and dried food, fresh and chilled food, fresh fruit, and vegetables, and frozen food. These elements are propelling the market segment's expansion.

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Kraft Paper Market Key Players:

1. MONDI
2. Ahlstrom-Munksj
3. CMPC
4. Daio Paper Corporation
5. Glatfelter
6. International Paper
7. ITC Limited
8. Nippon Paper Group
9. Sappi Limited
10. Segezha Group
11. Smurfit Kappa
12. Stora Enso
13. WestRock Company,
14. Kapstone Paper & Packaging
15. Canfor Corporation
16. Georgia Pacific LLC.
17. Billerudkorsnas AB
18. Natron Hayat d.o.o
19. Tokushu Tokai Paper Co., Ltd.
20. Nordic Paper
21. Oji Holdings Corporation
22. Gascogne
23. SCG PACKAGING
24. Canadian Kraft Paper Ltd.
25. Forest Company

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Key questions answered in Kraft Paper Market are:

  • What is the demand pattern for the Kraft Paper market?
  • What is the expected Kraft Paper Market size by the end of the forecast period?
  • What are the global trends in the Kraft Paper Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Kraft Paper Market? 
  • How is the intervention from regulatory authority is shaping the Kraft Paper Market?

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