Saturated Kraft Paper Market Size, Share, Opportunities, And Trends By Paper Grade Outlook (Bleached, Unbleached), By Weight (Less than 50 GSM, 50-100 GSM, 101-200 GSM, More than 200 GSM), By Application (Flooring, Shelving, Partition, Countertops, Panels, Others), By End-Use (Industrial, Residential), And By Geography - Forecasts From 2024 To 2029
- Published : Mar 2024
- Report Code : KSI061616246
- Pages : 146
The saturated kraft paper market is expected to grow at a CAGR of 3.76% reaching a market size of US$1.301 billion in 2029 from US$1.005 billion in 2022.
Saturated kraft paper is a form of speciality paper that is created from sawdust and has strength and other characteristics. Saturated kraft paper offers various uses, including countertops, flooring, dividers, and storage. Saturated kraft paper has a low environmental effect since it can be recycled. This paper has several advantages, including tear resistance, product uniformity, a high degree of porosity, eco-friendliness, rigidity, and others, making it suited for the building and construction sector. Furthermore, the saturated kraft paper acts as a moisture barrier and is anti-moisture. Saturated kraft paper is used in laminates, which brings uniformity and consistency to a product. In general, chemicals are added to kraft paper, resulting in durability, thickness, and high strength.
The rising demand for attractive laminates and surfaces propels the global expansion of the saturated kraft paper industry. Moreover, the significant increase in demand for decorative and compact saturating kraft paper due to its superior finishing and aesthetic appearance is expected to boost the saturating kraft paper market during the forecast period.
Growing demand in the construction industry
The changing lifestyles and interior design preferences of consumers are expected to fuel growth in the saturated kraft paper market. Both developed and developing nations are expected to see an increase in construction investment, which presents opportunities for growth for saturated kraft paper manufacturers. Plywood surfaces are polished by manufacturers using decorative laminates. A variety of textures, such as stone, marble, abstract, and custom printing, are offered for laminates. The growing popularity of contemporary interior design is anticipated to drive up demand for laminate flooring and support the growth of the saturated kraft paper market.
High demand for biodegradable packaging
The market is expected to grow further if the demand for biodegradable packaging as an alternative to plastic is accepted. Environmentalists and legislators are being forced to focus on more environmentally friendly alternatives as a result of growing awareness of the risks associated with plastic use, which is promoting industry expansion.
Further, leading businesses in the saturated kraft paper sector are committed to providing laminate flooring manufacturers with customized saturated kraft paper. Compared to ceramic and other woody materials, laminate flooring is a more affordable option for flooring. Manufacturers of laminate offer a vast array of design options to customers, which ultimately affects the dynamics of the market.
High use due to its strengthening properties
Sawdust is used to make saturated kraft paper, which is stiff, flexible, and able to withstand extreme strain. To enhance their qualities, they are immersed in resin or other saturating agents. The qualities of saturated kraft paper include durability, strong strength, and water resistance. Most applications for saturated kraft sheets are in the commercial and residential domains. Kraft paper that has been saturated acts as a material that resists moisture. Applications for them include worktops, dividers, shelves, floors, panels, cabinets, and more. Increased use in these applications is probably going to boost sales of saturated kraft paper.
High demand for digital printing
Growing digital printing adoption is expected to improve market dynamics: Owing to its convenience and user-friendliness, digital printing on saturated kraft paper is growing in popularity. In fact, some industries have just started using digital printing as their main printing technology. Businesses that use kraft paper can gain from visually appealing and artistic packaging designs as well as an unforgettable unpacking experience.
Asia Pacific is witnessing exponential growth during the forecast period
The Asia Pacific region is poised to expand significantly over the forecast period. The Asia-Pacific kraft paper market is anticipated to grow due to increased demand for kraft papers in densely populated regions such as India and China, where kraft paper is primarily utilized in the creation of packaging to ensure cost savings, sustainability, and safety. There is also a rise in the availability of kraft papers, which are used in the production of bundles. The increased usage of kraft papers in the Asia-Pacific area is likely to boost the growth of the kraft paper industry in the healthcare, consumer durables, meat and beverage, building, and manufacturing sectors.
Product Offerings
- RELIAKRAFT® SATURATING PAPER, WestRock Company: ReliaKraft Saturating Paper is a single-ply, unsized, or kraft sheet made particularly for absorbing saturating medium. These highly specialized ReliaKraft paper grades are tailored to satisfy the specific requirements of different saturating media and end-use applications.
- ABSORBEX, MM Kotkamills: MM Kotkamills produces the leading global laminating paper brand, Absorbex® Saturating Kraft Paper (SKP). Their high-quality Saturating Kraft Papers are precisely tailored to the end-user requirements. Absorbex® is utilized in both high-end design goods and daily applications requiring great durability.
Market key launches
- In December 2023, a leading supplier of environmentally friendly packaging and paper worldwide, Mondi has raised capacity and broadened its selection of saturating kraft paper to better serve producers of technical films, furniture, worktops, and interior and exterior building panels. Through increased efficiency in the paper machines that run the saturating kraft paper, Mondi has improved formation, improved drying properties, and accelerated production. With continuous research and development, a wider range of products with varying grammages to meet the needs of individual customers are now offered for this high-quality paper.
- In June 2022, Stora Enso introduced AvantForte WhiteTop, a new 100% virgin fiber-based kraftliner that will be commercially available. The white top kraft liner is aimed at high-end markets such as fresh food, e-commerce, and shelf-ready packaging. AvantForte WhiteTop kraftliner is designed to suit the needs of brand owners who want safe, high-performance, and plastic-free packaging. The novel product will be used in applications that demand high strength, purity, and visual attractiveness.
Saturated Kraft Paper Market Scope:
Report Metric | Details |
Market Size Value in 2022 | US$1.005 billion |
Market Size Value in 2029 | US$1.301 billion |
Growth Rate | CAGR of 3.76% from 2022 to 2029 |
Study Period: |
2019 to 2029 |
Historical Data: |
2019 to 2022 |
Base Year | 2023 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
Segmentation:
- By Paper Grade Outlook
- Bleached
- Unbleached
- By Weight
- Less than 50 GSM
- 50-100 GSM
- 101-200 GSM
- More than 200 GSM
- By Application
- Flooring
- Shelving
- Partition
- Countertops
- Panels
- Others
- By End-User
- Industrial
- Residential
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
Saturated Kraft Paper Market was valued at US$1.005 billion in 2022.
The saturated kraft paper market is expected to reach a market size of US$1.301 billion by 2029.
The global saturated kraft paper market is expected to grow at a CAGR of 3.76% during the forecast period.
Asia Pacific is expected to hold a significant share of the saturated kraft paper market.
The rising demand for attractive laminates and surfaces propels the global expansion of the saturated kraft paper industry.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. SATURATED KRAFT PAPER MARKET, BY PAPER GRADE OUTLOOK
5.1. Introduction
5.2. Bleached
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.2.3. Geographic Lucrativeness
5.3. Unbleached
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.3.3. Geographic Lucrativeness
6. SATURATED KRAFT PAPER MARKET, BY WEIGHT
6.1. Introduction
6.2. Less than 50 GSM
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.2.3. Geographic Lucrativeness
6.3. 50-100 GSM
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.3.3. Geographic Lucrativeness
6.4. 101- 200 GSM
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
6.4.3. Geographic Lucrativeness
6.5. More than 200 GSM
6.5.1. Market Trends and Opportunities
6.5.2. Growth Prospects
6.5.3. Geographic Lucrativeness
7. SATURATED KRAFT PAPER MARKET, BY APPLICATION
7.1. Introduction
7.2. Flooring
7.2.1. Market Trends and Opportunities
7.2.2. Growth Prospects
7.2.3. Geographic Lucrativeness
7.3. Shelving
7.3.1. Market Trends and Opportunities
7.3.2. Growth Prospects
7.3.3. Geographic Lucrativeness
7.4. Partition
7.4.1. Market Trends and Opportunities
7.4.2. Growth Prospects
7.4.3. Geographic Lucrativeness
7.5. Countertops
7.5.1. Market Trends and Opportunities
7.5.2. Growth Prospects
7.5.3. Geographic Lucrativeness
7.6. Panels
7.6.1. Market Trends and Opportunities
7.6.2. Growth Prospects
7.6.3. Geographic Lucrativeness
7.7. Others
7.7.1. Market Trends and Opportunities
7.7.2. Growth Prospects
7.7.3. Geographic Lucrativeness
8. SATURATED KRAFT PAPER MARKET, BY END-USE
8.1. Introduction
8.2. Industrial
8.2.1. Market Trends and Opportunities
8.2.2. Growth Prospects
8.2.3. Geographic Lucrativeness
8.3. Residential
8.3.1. Market Trends and Opportunities
8.3.2. Growth Prospects
8.3.3. Geographic Lucrativeness
9. SATURATED KRAFT PAPER MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. By Paper Grade Outlook
9.2.2. By Weight
9.2.3. By Application
9.2.4. By End-Use
9.2.5. By Country
9.2.5.1. United States
9.2.5.1.1. Market Trends and Opportunities
9.2.5.1.2. Growth Prospects
9.2.5.2. Canada
9.2.5.2.1. Market Trends and Opportunities
9.2.5.2.2. Growth Prospects
9.2.5.3. Mexico
9.2.5.3.1. Market Trends and Opportunities
9.2.5.3.2. Growth Prospects
9.3. South America
9.3.1. By Paper Grade Outlook
9.3.2. By Weight
9.3.3. By Application
9.3.4. By End-Use
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.1.1. Market Trends and Opportunities
9.3.5.1.2. Growth Prospects
9.3.5.2. Argentina
9.3.5.2.1. Market Trends and Opportunities
9.3.5.2.2. Growth Prospects
9.3.5.3. Others
9.3.5.3.1. Market Trends and Opportunities
9.3.5.3.2. Growth Prospects
9.4. Europe
9.4.1. By Paper Grade Outlook
9.4.2. By Weight
9.4.3. By Application
9.4.4. By End-Use
9.4.5. By Country
9.4.5.1. United Kingdom
9.4.5.1.1. Market Trends and Opportunities
9.4.5.1.2. Growth Prospects
9.4.5.2. Germany
9.4.5.2.1. Market Trends and Opportunities
9.4.5.2.2. Growth Prospects
9.4.5.3. France
9.4.5.3.1. Market Trends and Opportunities
9.4.5.3.2. Growth Prospects
9.4.5.4. Italy
9.4.5.4.1. Market Trends and Opportunities
9.4.5.4.2. Growth Prospects
9.4.5.5. Spain
9.4.5.5.1. Market Trends and Opportunities
9.4.5.5.2. Growth Prospects
9.4.5.6. Others
9.4.5.6.1. Market Trends and Opportunities
9.4.5.6.2. Growth Prospects
9.5. Middle East and Africa
9.5.1. By Paper Grade Outlook
9.5.2. By Weight
9.5.3. By Application
9.5.4. By End-Use
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.1.1. Market Trends and Opportunities
9.5.5.1.2. Growth Prospects
9.5.5.2. UAE
9.5.5.2.1. Market Trends and Opportunities
9.5.5.2.2. Growth Prospects
9.5.5.3. Others
9.5.5.3.1. Market Trends and Opportunities
9.5.5.3.2. Growth Prospects
9.6. Asia Pacific
9.6.1. By Paper Grade Outlook
9.6.2. By Weight
9.6.3. By Application
9.6.4. By End-Use
9.6.5. By Country
9.6.5.1. Japan
9.6.5.1.1. Market Trends and Opportunities
9.6.5.1.2. Growth Prospects
9.6.5.2. South Korea
9.6.5.2.1. Market Trends and Opportunities
9.6.5.2.2. Growth Prospects
9.6.5.3. China
9.6.5.3.1. Market Trends and Opportunities
9.6.5.3.2. Growth Prospects
9.6.5.4. India
9.6.5.4.1. Market Trends and Opportunities
9.6.5.4.2. Growth Prospects
9.6.5.5. South Korea
9.6.5.5.1. Market Trends and Opportunities
9.6.5.5.2. Growth Prospects
9.6.5.6. Taiwan
9.6.5.6.1. Market Trends and Opportunities
9.6.5.6.2. Growth Prospects
9.6.5.7. Thailand
9.6.5.7.1. Market Trends and Opportunities
9.6.5.7.2. Growth Prospects
9.6.5.8. Indonesia
9.6.5.8.1. Market Trends and Opportunities
9.6.5.8.2. Growth Prospects
9.6.5.9. Others
9.6.5.9.1. Market Trends and Opportunities
9.6.5.9.2. Growth Prospects
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. Onyx Speciality Papers Inc.
11.2. WestRock Company
11.3. Fortune Paper Mills LLP
11.4. International Paper Company
11.5. Stora Enso
11.6. Venkraft Paper Mills Pvt. Ltd.
11.7. MM Kotkamills
11.8. Nordic Paper AS
11.9. The Diller Corporation
11.10. Mondi Plc
Onyx Speciality Papers Inc.
WestRock Company
Fortune Paper Mills LLP
International Paper Company
Stora Enso
Venkraft Paper Mills Pvt. Ltd.
MM Kotkamills
The Diller Corporation
Mondi Plc
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Coated Paper Market Size: Share, Trends, Report, Forecast 2030 | Nov 2024 | |
Parchment Paper Market Size & Share: Industry Report, 2023-2028 | Feb 2023 | |
Barrier Coated Paper Market Size & Share: Report, 2023-2028 | Dec 2023 |