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Kraftliner Market Size

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

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Kraftliner Market Size

Kraftliner Market was valued at around USD 41.20 billion in 2023 and is anticipated to grow at a CAGR of 5.3% between 2024 and 2032. The rapid expansion of e-commerce drives the demand for kraftliner packaging materials to ensure safe shipping and delivery of products. As environmental concerns grow, companies are seeking eco-friendly packaging options like kraftliner, which is biodegradable and recyclable.

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Consumers are increasingly conscious of sustainable practices and may prefer products packaged in materials like kraftliner. The food and beverage industry requires high-quality packaging that is safe for direct food contact, making kraftliner a suitable option.

Kraftliner Market Report Attributes
Report Attribute	Details
Base Year:	2023
Kraftliner Market Size in 2023:	USD 41.2 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	5.3%
2032 Value Projection:	USD 65.5 Billion
Historical Data for:	2018 to 2023
No. of Pages:	200
Tables, Charts & Figures:	246
Segments covered:	Product Type, Basis Weight, End-use, Distribution Channel, Region
Growth Drivers:	Growing food industry Expansion of the pharmaceutical industry Plastic alternative material growth
Pitfalls & Challenges:	Environmental Concerns Competition from Alternative Materials Fluctuating Raw Material Prices

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The production of kraftliner requires wood fiber and energy, raising concerns about deforestation, habitat destruction, and carbon emissions. The emergence of alternative packaging materials, including bioplastics and other eco-friendly options, poses competition to kraftliner. Variability in wood fiber prices can impact the overall cost of producing kraftliner, affecting profitability and pricing strategies. Thus, the risks associated with Kraftliner may drive down the acceptance rate, further hampering the business growth.

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.