The latest market report published by Constancy Researchers “Global Sack Kraft Paper Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Sack Kraft Paper Market: Overview
The global sack kraft paper market was valued at US$ XX Million in 2020 and is estimated to grow at a CAGR of XX% during the forecast period. The global sack kraft paper market is anticipated to witness lucrative growth in the years to come due to the evolution of the packaging industry along with the rising demand for sack kraft paper from numerous end use industries. Furthermore, the growing urbanization and enhanced demand for luxury packaging are some other key factors for the growth of the sack kraft paper market during the forecast period. Moreover, the increased demand for sustainable packaging solutions across developed and developing economies is one of the key opportunities for the global sack kraft paper market over the upcoming years. Besides, the volatile raw material cost is one of key factors estimated to hamper the global sack kraft paper market growth in the years to come.
Global Sack Kraft Paper Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global sack kraft paper market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global sack kraft paper market, the demand for sack kraft paper has decreased due to haltin the manufacturing industry worldwide during the COVID-19 period.
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Global Sack Kraft Paper Market: Report Highlights
- Based on packaging form, the corrugated boxes category had a major share in the global sack kraft paper market in 2020 and presumed to witness lucrative growth over the forecast period. Besides, the pouches category is estimated to witness the substantial growth during the forecast period.
- On the basis of application, in the sack kraft paper market, the building & construction category had a major share in the global market in 2020 and is estimated to continue its dominant position during the forecast period. On the other hand, the food & beverages category is presumed to witness lucrative growth in the years to come.
- Based on the regional analysis, Asia Pacific had a major share in the global sack kraft paper market and is estimated to continue its dominant position over the upcoming years. This is majorly due to the the rising demand for sack kraft paper in the food & beverages industry in the region along with the rising packaging industry in the region and growing urban population in the emerging economies of Asia Pacific.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global sack kraft paper market.
- As per the research by Constancy Researchers Private Limited, the global sack kraft paper market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Sack Kraft Paper Market
- International Paper
- Stora Enso
- Nippon Paper Group
- MONDI
- Itc Limited
- Sappi Limited
- Smurfit Kappa
- CMPC
- Daio Paper Corporation
- Ahlstrom-Munksjö
- Billerudkorsnas
- Segezha Group
- Glatfelter
- Swedpaper AB
- Klabin
- Westrock Company
- Tokushu Tokai Paper Co., Ltd.
- Canfor
- Heinzel Group
- Gascogne Papier
- Natron Hayat D.O.O.
- Nordic Paper
- SCG Packaging
- Primo Tedesco S.A.
- Copamex
- Others
Global Sack Kraft Paper Market: Segmentation
Constancy Researchers Private Limited has segmented the global sack kraft paper market on the basis of packaging form, application,and regional analysis-
Global Sack Kraft Paper Market: By Packaging Form
- Corrugated boxes
- Grocery bags
- Industrial bags
- Wraps
- Pouches
- Envelopes
Global Sack Kraft Paper Market: By Application
- Food&Beverages
- Pharmaceuticals
- Cosmetics& Personal Care
- Building & Construction
- Others
Global Sack Kraft Paper Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
