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Kraftliner Market Analysis

Report ID: GMI3833
Published Date: Aug 2023
Report Format: PDF

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Kraftliner Market Analysis

Based on product type, the kraftliner market is segmented as bleached and unbleached. Bleached held a majority market value of USD 22.4 billion in 2022. Bleached kraftliner offers a clean and bright appearance, making it suitable for packaging where visual aesthetics are crucial. Its visual appeal positions it well for applications requiring a premium and sophisticated look.

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Based on basis weight, the kraftliner market is segmented as Up to 250 GSM, 250 to 400 GSM, above 400 GSM. Up to 250 GSM held a dominant market share of around 42% in 2022 and is expected to grow at a lucrative pace through 2032. Low basis weight kraftliner is preferred for lightweight packaging to minimize overall package weight.

Based on application, the kraftliner market is segmented as food & beverage, electrical & electronics, healthcare, automotive & allied industries, chemicals & fertilizers, others. Food & beverages held a dominant market share in 2022 and is anticipated to grow at 5.2% CAGR till 2032. Kraftliner is used for packaging food products due to its ability to maintain product freshness and protect against external factors. Thus, the high-quality services and growing usage of Kraftliner at food centres are anticipated to expedite the business statistics.

Based on application, the kraftliner market is segmented as packaging industry, wholesale distribution, others. Packaging Industry held a dominant market share in 2022 and is anticipated to grow significantly up to 2032. Kraftliner packaging is suitable for palletized distribution, ensuring products remain protected during warehousing and transit. Kraftliner packaging aids in efficient storage and handling within distribution centers.

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U.S. dominated the North American region with majority market share and a revenue of USD 8.1 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. The increasing trend of online shopping drives the need for kraftliner packaging that provides protection for goods during shipping.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for kraftliner was worth USD 41.20 billion in 2023 and will reach USD 65.51 billion by 2032, due to the rapid expansion of the e-commerce industry worldwide.

Kraftliner market from the bleached segment was valued at USD 22.4 billion in 2022 and will witness significant CAGR from 2023-2032 on account of the clean and bright appearance of bleached kraftliner.

U.S. kraftliner recorded USD 8.1 billion in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the increasing trend of online shopping in the region.

International Paper Company, WestRock Company, Georgia-Pacific LLC, Smurfit Kappa Group, Mondi Group, DS Smith Plc, Nine Dragons Paper (Holdings) Limited, KapStone Paper and Packaging Corporation, and Pratt Industries, are some of the major kraftliner companies worldwide.