Saturated Kraft Paper Market Overview, Merger and Acquisitions, Drivers, Restraints and Industry Forecast By 2032
The latest research report by Emergen Research, named ‘Global Saturated Kraft Paper Market - Forecast to 2032’, entails a comprehensive review of the global Saturated Kraft Paper Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Saturated Kraft Paper Market industry, particularly the current COVID-19 scenario.
The saturated kraft paper market has witnessed steady growth in recent years, driven by its wide range of applications in various industries. Saturated kraft paper is a type of paper that has been impregnated with a resinous material, making it highly resistant to moisture, grease, and chemicals. This unique property makes it suitable for packaging, laminating, and other industrial applications where durability and resistance to external factors are crucial.
The global saturated Kraft paper market size was USD 1.43 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.7% during the forecast period, according to the latest analysis by Emergen Research. With increasing environmental concerns, there is a shift towards eco-friendly packaging materials. Saturated kraft paper, being biodegradable and recyclable, offers a sustainable alternative to plastic-based packaging materials. This has led to its increased adoption in industries such as food and beverages, consumer goods, and pharmaceuticals.
Another driver of the market is the rising e-commerce industry. With the rapid growth of online shopping, there is a higher demand for protective packaging materials to ensure the safe delivery of products. Saturated kraft paper, with its excellent tear resistance and moisture barrier properties, provides an ideal solution for packaging fragile and sensitive items. The e-commerce boom has significantly contributed to the increased consumption of saturated kraft paper.
However, the saturated kraft paper market also faces certain restraints. One of the major challenges is the availability of alternative packaging materials. While saturated kraft paper offers several advantages, there are other materials such as plastic films and laminates that also provide similar properties. The competition from these alternative materials poses a restraint to the market's growth.
Furthermore, the fluctuating prices of raw materials used in the production of saturated kraft paper can impact the market. The prices of wood pulp, which is a key raw material, are subject to market dynamics and can experience volatility. This can affect the overall cost of production and pricing of saturated kraft paper, making it less competitive in the market.
To gain a deeper understanding of the saturated kraft paper market, let's consider a few statistics from government organizations. According to a report published by the United States Environmental Protection Agency (EPA), the recycling rate of paper and paperboard in the United States reached 66.2% in 2020. This statistic highlights the growing emphasis on recycling and the potential for increased utilization of recycled paper, including saturated kraft paper.
In Europe, the Confederation of European Paper Industries (CEPI) reported that the production of paper and board in the region increased by 1.4% in 2020 compared to the previous year. This indicates the steady demand for paper-based products, including saturated kraft paper, in the European market.
Key players in the market Onyx Speciality Papers Inc., WestRock Company, Fortune Paper Mills LLP, International Paper Company, Stora Enso, Venkraft Paper Mills Pvt. Ltd., MM Kotkamills, Nordic Paper AS, Shanghai Plastech Group Limited, and Potsdam Speciality Paper Inc
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Competitive Terrain:
The Global Saturated Kraft Paper Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
Market Overview:
The report bifurcates the Saturated Kraft Paper market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Saturated Kraft Paper Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.
Segments Covered in this report are:
Paper Grade Outlook (Revenue, USD Billion; 2019–2032)
- Bleached
- Unbleached
Weight Outlook (Revenue, USD Billion; 2019–2032)
- Less than 50 GSM
- 50-100 GSM
- 101-200 GSM
- More than 200 GSM
Application Outlook (Revenue, USD Billion; 2019–2032)
- Flooring
- Shelving
- Partition
- Countertops
- Panels
- Others
Regional Analysis of the Saturated Kraft Paper Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in the Report:
- What is the growth rate of the Saturated Kraft Paper Market ? What is the anticipated market valuation of Saturated Kraft Paper Market industry by 2032?
- What are the key growth driving and restraining factors of the Saturated Kraft Paper Market ?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Saturated Kraft Paper Market industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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TOC of the global Saturated Kraft Paper Market report:
Chapter 1, describes the Saturated Kraft Paper Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Saturated Kraft Paper Market , along with the sales, revenue, and price of Saturated Kraft Paper Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Saturated Kraft Paper Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Saturated Kraft Paper Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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