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Kraftliner market can divided on account of density GSM (gm/m2). It is divided into four parts below 125 GSM, 125- 250 GSM, 250-450 GSM and above 450 GSM. Above 450 GSM kraftliner were having the very low demand.Mostly people prefer light weight kraftliner for packaging purpose. 125-150 GSM is projected to have the largest share in kraftliner market owing to the lightweight nature and high tears resistance. 125-250 GSM kraftliner shall experience the high demand from food packaging industry. Above 450 GSM product is majorly used for heavy duty packaging, which used in range of application from automotive, food, bulk chemical packaging, etc.
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Major application segments in the market includes food & beverages packaging, industrial packaging, luxury packaging and heavy-duty packaging. Food & beverages packaging will have major market share in kraftliner market and expected to grow with a highest CAGR in next few years. Product demand for industrial packaging is anticipated to grow with a healthy CAGR in coming years on account of increasing industrialization in emerging economies such as India, Brazil, South Africa, Bangladesh, etc.
Kraftliner market can divided on account of density GSM (gm/m2). It is divided into four parts below 125 GSM, 125- 250 GSM, 250-450 GSM and above 450 GSM. Above 450 GSM kraftliner were having the very low demand. Mostly people prefer light weight kraftliner for packaging purpose.
125-150 GSM is projected to have the largest share in kraftliner market owing to the lightweight nature and high tears resistance. 125-250 GSM kraftliner shall experience the high demand from food packaging industry. Above 450 GSM product is majorly used for heavy duty packaging, which used in range of application from automotive, food, bulk chemical packaging, etc.
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Major application segments in the market includes food & beverages packaging, industrial packaging, luxury packaging and heavy-duty packaging. Food & beverages packaging will have major market share in kraftliner market and expected to grow with a highest CAGR in next few years. Product demand for industrial packaging is anticipated to grow with a healthy CAGR in coming years on account of increasing industrialization in emerging economies such as India, Brazil, South Africa, Bangladesh, etc.
Many multinational and regional companies are operating in the industry. Major manufacturers are operating on the cost cutting model by mass production strategy to increase the profitability.
Partial Chapter of the Table of Content:
Kraftliner Market, By Density (GSM), 2014-2025 (USD Million)
• Below 125
• 125-250
• 250-450
• Above 450
Kraftliner Market, By Application, 2014-2025 (USD Million)
• Food & beverages packaging
• Industrial packaging
• Luxury packaging
• Heavy duty packaging
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Some major players operating in the industry includes Smurfit Kappa Group, Grupo Europac, Astron Paper & Board Mill, Roxcel Trading GmbH, Eagle Paper International Inc, Thai Paper Mill, Nine Dragons Paper Holdings Limited, Hazel Mercantile Limited, International Paper, Universal Pulp & Paper, DS Smith Plc, Mondi Group Plc, Georgia-Pacific LLC, WestRock Company and KapStone Paper.
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Name: Arun Hedge
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Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/kraftliner-market
Release ID: 88928983