The Global Kraft Liner Market is forecast to reach USD 60.49 Billion by 2027, according to a new report by Reports and Data. The rise of packaging in the application industries, such as import and export, food and beverages, construction, electricity and electronics, and manufacturing, should infuse growth.
E-commerce was the most crucial application segment for corrugated boxes, containers, and sheets due to the boom in the online shopping industry. The growing demand for corrugated cardboard packaging made from Kraft liners for electronics, glassware, and food products ordered online is expected to stimulate the market over the forecast period.
Traditionally, Kraft linings were made of virgin fibers; however, the growing preference for cheap and environmentally friendly products has led to the use of recycled materials. Raw materials required for the manufacturing of Kraft liners comprise old corrugated containers (OCC) and virgin fibers in a ratio of 80% OCC and 20% virgin fibers. OCC dominates the composition in the final product, thus impacting its quality levels. OCC is used to minimize the overall cost of production and to strengthen the end product. Thus, the supply of high-quality OCC, primarily through a single channel, plays a crucial role in the product value chain.
Unstable raw material prices have resulted in price changes for Kraft liners, thereby affecting manufacturers' profit margins. Kraft coatings require multiple processes to produce a variety of GSM grades, which results in higher production costs. The major players operating in the industry are engaged in mass production, thereby reducing the overall production cost.
The incomplete recycling of old corrugated containers can be attributed to the quality of the materials as well as their availability. The recovery remains unsatisfactory because the OCC sources are distant, and storage conditions are insufficient to sustain the material quality. It should, therefore, hamper the growth of the Kraft liners market during the forecast period.
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Market Overview:
A rapidly increasing global population, a significant increase in consumer goods demand worldwide, increased development of advanced and environmentally friendly packaging materials, a focus on reducing carbon emissions, and the introduction of environmentally sustainable packaging solutions all play a key role in driving revenue growth in the global packaging industry. Retail e-commerce, food beverage, consumer electronics, pharmaceutical, and others are among the industries that are requiring environmentally sustainable packaging solutions. Increasing research development activities for advanced and environmentally sustainable packaging techniques, rapid growth of the manufacturing industry, increasing imports and exports of consumer goods around the world, and increases in government investment in the transportation and logistics industry are some of the major factors contributing to the growth of the global packaging industry. The development of cold chain logistics infrastructure and technological advances are also major factors driving growth in the global packaging market.
Some of the Leading Market Players Are Listed Below:
- Smurfit Kappa,
- Groupo Europac,
- Astron Paper Board Mill,
- Eagle Paper International, Inc.,
- Thai Paper Mill Company Limited,
- International Paper,
- Hazel Mercantile Limited,
- Mondi Group,
- Nippon Paper Industries,
- BillerudKorsnas AB
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The Global Kraft Liner Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentation:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Unbleached
- Bleached
Basis Weight Outlook (Revenue, USD Billion; 2017-2027)
- Below 200 GSM
- 200-400 GSM
- Above 400 GSM
End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)
- Food and Beverages
- Agriculture
- Consumer Goods
- Electrical and Electronics
- Printing
- Others
Some Points on How the Report Benefits Readers:
- Deep-dive analysis of the key drivers, opportunities, and restraints.
- Qualitative and quantitative analyses of the global Kraft Liner market.
- Comprehensive analysis of the key regional markets and their respective revenue CAGRs.
- Precise evaluation of each regional market’s production consumption capacities.
- An overview of the highly competitive environment of the Kraft Liner industry and company overviews.
- Focus on the key strategies implemented by the key market players, such as partnerships, collaborations, acquisitions, new product launches, and various other strategies.
Table of Contents (ToC) – Global Kraft Liner Market
Chapter 1. Methodology Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary Sources
1.4.2. Secondary Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2023-2027
Chapter 3. Key Insights
Chapter 4. Global Pharma Healthcare Market Segmentation
4.1. Global Pharma Healthcare Market COVID-19 Impact Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Porter’s Five Forces Analysis
4.5. Regulatory Framework
4.6. Price trend Analysis
4.7. Competitive Metric Space Analysis
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