Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Kraft Liner Market Size is Expected to Grow from USD 44.59 Billion in 2023 to USD 86.39 Billion by 2033, at a CAGR of 1.94% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Kraft Liner Market Size, Share, and COVID-19 Impact Analysis, By Product (GSM<80, GSM 80 To 160, and GSM>160), By Application (Food & Beverage, Electrical & Electronics, Healthcare, Automotive & Allied Industries, Chemicals & Fertilizers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Kraft liner is a paperboard made from 80% virgin kraft fibers, known for its strength, durability, and tear resistance. It is commonly used in packaging materials like corrugated cardboard, paper sacks, and shipping bags. The global market for kraft liners is expected to grow due to demand from food and retail industries for plastic-free packaging solutions, e-commerce growth, and the growing popularity of lightweight packaging with kraft lining. Governments are banning single-use plastics, leading to a shift towards paper and paperboard as the preferred packaging material. As online shopping increases, kraft liners are crucial for strong, durable packaging. Made from renewable wood pulp, they are biodegradable, recyclable, and have a lower carbon footprint than plastics. As companies and consumers prioritize eco-friendly packaging, demand for kraft liners is expected to rise. However, sulfate kraft pulping, a method of turning hardwoods into pulp, faces challenges due to fluctuating wood prices, high demand during the pandemic, and limited industry expansion.
The GSM 80 to 160 segment is predicted to hold the highest market share through the forecast period.
Based on the product, the kraft liner market is classified into GSM<80, GSM 80 to 160, and GSM>160. Among these, the GSM 80 to 160 segment is predicted to hold the highest market share through the forecast period. It is expected that the growing use of the product in the consumer goods packaging industry will propel the segment's growth.
The food & beverage segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the application, the kraft liner market is divided into food & beverage, electrical & electronics, healthcare, automotive & allied industries, chemicals & fertilizers, and others. Among these, the food & beverage segment is anticipated to hold the greatest market share during the projected timeframe. Food products are packaged using kraftliner because it preserves product freshness and offers protection from the elements. Therefore, it is expected that the high-quality services and increasing kraftliner usage at food centers will accelerate the business statistics.
Asia-Pacific is estimated to hold the largest share of the kraft liner market over the forecast period.
Asia-Pacific is estimated to hold the largest share of the kraft liner market over the forecast period. The growth that has occurred in the Asia-Pacific area can be attributed to the growing pace of industrialization and the volume of goods produced in almost every industry in developing nations like China, Vietnam, India, and others. The market is expected to grow as a result of the rise of manufacturing and e-commerce in this area.
North America is predicted to have the fastest CAGR growth in the kraft liner market over the forecast period. This is because the packaging industry has been for a long time. The need for corrugated packaging is expected to remain steady over the next years due to the region's growing e-commerce industry and the existence of a sizable number of industrial organizations.
Competitive Analysis
Major key players in the kraft liner market include 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, Pratt Industries, Inc., BillerudKorsnäs AB, Svenska Cellulosa Aktiebolaget (SCA), Klabin S.A., Stora Enso Oyj, Packaging Corporation of America, Rengo Co., Ltd., and Others.
Recent Development
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the kraft liner market based on the below-mentioned segments:
Global Kraft Liner Market, By Product
Global Kraft Liner Market, By Application
Global Kraft Liner Market, By Regional Analysis
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