Global Kraft Paper Market size was valued at US$ 17 Bn. in 2020, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 21.48 Bn. By 2027
Global Kraft Paper Market Overview:
The Kraft Paper Market research provides a comprehensive perspective of the competition, including the market share and company profiles of the top players in the global industry. The scope of the research covers a thorough examination of the Healthcare IoT Market, as well as the causes for variances in the industry's growth in a variety of sectors.
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Global Kraft Paper Market Dynamics:
The development of paper recycling procedures is receiving increased attention from regulatory authorities. Additionally, the need for kraft paper in the food and beverage business has significantly increased due to the packaging characteristics of different items including sandwiches, pizzas, and hamburgers. Additionally, consumers' attention is now more on enhancing the aesthetics of final items. These elements are influencing the market's desire for the product.
Global Kraft Paper Market Segment:
By Grade, the Unbleached sector controlled a 32% share of the market in 2020. It is of the unglazed brown grade and is very robust. utilised mostly in the manufacture of medium- and large-sized bags. It serves as the foundation for many other coatings, laminations, and packaging types. These elements are fueling the kraft paper market's segment growth.
North America, Europe, Asia Pacific, the Middle East & Africa, and South America are the five main geographical regions of the Global Kraft Paper Market market.
Global Kraft Paper Market Key players:
• Daio Paper Corporation
• International Paper
• ITC Limited
• Nippon Paper Group
• Sappi Limited
• Segezha Group
• Smurfit Kappa
• Stora Enso
• WestRock Company,
• Kapstone Paper & Packaging
• Canfor Corporation
• Georgia Pacific LLC.
• Billerudkorsnas AB
• Natron Hayat d.o.o
• Tokushu Tokai Paper Co., Ltd.
• Nordic Paper
• Oji Holdings Corporation
• SCG PACKAGING
• Canadian Kraft Paper Ltd.
• Forest Company
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