Kraft Liner Industry Overview
The global kraft liner market size was estimated at USD 38.98 billion in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 6.9% from 2022 to 2030.
The market is expected to grow significantly due to the growth in the packaging industry on account of the growing e-commerce sector across the globe. Kraft liner is a paperboard manufactured from chemical pulp produced in the kraft process, wherein the wood is converted into wood pulp, which consists of cellulose fibers. It has characteristics like great strength and good printability. Owing to these properties along with being environment-friendly, it is used in various industries for packaging like food & beverages, automotive parts, pharmaceuticals, and consumer goods.
Gather more insights about the market drivers, restrains and growth of the Global Kraft Liner Market
Rising environmental concerns regarding the use of plastic in packaging and the globally growing packaging industry backed by the rise of the e-commerce sector across the globe are the major factors driving the market growth over the forecasted period. Moreover, rising industrial operations are expected to drive industrial logistics growth, thereby driving the demand for kraft liners.
The Covid-19 pandemic disrupted the kraft liner market and the end-use industries in 2020. Due to this, the end-users did not prefer to go for any new product amid uncertainties. However, the post-pandemic era has brought in bright prospects due to a boost in the economies, which are expected to accelerate the market growth.
Old Corrugated Containers (OCC) are the basic raw materials used in kraft liners, and they account for 80% of the total makeup of the production of kraft liners. The recovery of this material is a real challenge because of the low-grade OCC and high transportation costs associated with it. This directly affects the supply of the kraft liner which hampers the market growth. Various R&D activities are executed by manufacturers for reducing the cost of kraft liner and are expected to help strengthen the market share in the packaging industry. In addition, to eliminate waste and promote kraft liners, governments worldwide are starting to focus on using recyclable and reusable packaging material.
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- Pharmaceutical Packaging Market - The global pharmaceutical packaging market size was valued at USD 117.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.5% from 2021 to 2030. Growing penetration of retail pharmacies in developing regions and a rising focus on brand enhancement and product differentiation by pharmaceutical manufacturers are anticipated to fuel the market growth.
- Geosynthetic Clay Liner Market - The global geosynthetic clay liner market size was valued at USD 299.0 million in 2014 and is expected to register a CAGR of 5.3% over the forecast period. Increasing awareness regarding landfill protection in the construction and mining sectors is anticipated to have a positive impact on the market growth.
Kraft Liner Market Segmentation
Grand View Research has segmented the global kraft liner market on the basis of product and region:
Kraft Liner Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)
- GSM<80
- GSM 80 to 160
- GSM>160
Kraft Liner Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Key Companies profiled:
Some prominent players in the global kraft liner market include:
- Smurfit Kappa
- Groupo Europac
- Roxcel Handelsges.m.b.H
- Astron Paper & Board Mill
- Eagle Paper International, Inc.
- Thai Paper Mill Company Limited
- International Paper
- Hazel Mercantile Limited
- Mondi Group
- Nine Dragons Paper (Holdings) Limited
Order a free sample PDF of the Kraft Liner Market Intelligence Study, published by Grand View Research.
The global Kraft Liner market is anticipated to witness a high CAGR over the forecast period 2019 to 2026, owing to complete study on market size, segment/s size, growth factors, market demand, trends, restraints and profiling of key players.
The market drivers and analysis within the report are backed by recent and prevailing market conditions led with clear projections for the forecast period.The Kraft Liner market size reveals a high growth due to rise in packaging applications such as import & export, construction, food & beverages and electronics.
Several types of paper and paperboard are employed for food packaging purpose.
To cater to the packaging needs, kraft paper and wax materials serve well.
For instance, kraft papers for grocery bags, envelopes and multiwall sacks are easily available.Get Exclusive Free PDF Sample Of This Report @ https://dataintelo.com/request-sample/?reportId=481Normally, a paperboard is the most prominent material used for packaging food components, which is mainly produced with secondary and virgin fiber that is drawn from corrugated containers.
Paperboard can be blended with other materials, for instance, laminated plastics enabled multilayered food packaging.Rise in demand for corrugated packaging derived from kraft liner for glass objects, electronic devices and food items ordered online.
Machine Glazed Kraft Release Liner is a carrier web material made up of paper or plastic.
Adhesive (substance, when applied to the surfaces of any materials, ties them together and opposes partition) and mastic (sort of gum) is of the stick material utilized for delivering specialists.
Business covering organizations are occupied with the assembling of delivery specialists, giving remarkable answers for their customers, in light of a wide assortment of substrates used to make delivering specialists.
The global Machine Glazed Kraft Release Liner market focuses on encompassing major statistical evidence for the Machine Glazed Kraft Release Liner industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market.
In addition the Machine Glazed Kraft Release Liner study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.
Latest Report Available at Advance Market Analytics, “Machine Glazed Kraft Release Liner Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
Recently published a report entitled Kraft Liner Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad kraft liner market has been sub-grouped into product type, basis weight and end-use.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Kraft Liner Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/kraft-liner-market/download-sampleBy Product TypeBleached (White-Top) Kraft LinerUnbleached (Brown) Kraft LinerBy ApplicationUp to 100 GSM100 GSM to 150 GSM150 GSM to 200 GSM200 GSM to 250 GSMMore than 250 GSMBy End UsePrinting IndustryElectrical & ElectronicsConsumer GoodsAgricultureFood & BeveragesOthersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the kraft liner market includes BillerudKorsnas AB, DS Smith Plc, Georgia-Pacific LLC, Guangzhou KIKA Paper Industry Co., Ltd., International Paper Company, KapStone Paper, Metsä Board Oyj, Mondi Group Plc, NIPPON PAPER INDUSTRIES CO., LTD., Oji Fibre Solutions (NZ) Ltd., Packaging Corporation, PAPELERA CARBÓ S.A., Smurfit Kappa Group, Stora Enso Oyj, Svenska Cellulosa AB SCA, U.S.
