Kraft Paper Market Forecast 2023: Industry Outlook, Prices, Demand, Growth Analysis, Top Companies Share, Report by 2028

Kraft Paper Market 2023-2028
The global kraft paper market size reached US$ 16.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

According to the latest report by IMARC Group, titled “Kraft Paper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global kraft paper market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global kraft paper market size reached US$ 16.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Kraft paper is a  type of paperboard manufactured from recycled materials or wood pulp. It is characterized by brown or tan in color and a slightly rough texture board. It has high strength, thickness, and durability and is lightweight that is highly customizable, with options for printing, coating, and lamination to enhance its performance and appearance. It has extensive applications in shipping, bookbinding, floor protection, food service, and recycling. It is also used in several packaging applications, such as envelopes, bags, sacks, composite cans, pouches, and cartons. Some of the commonly available kraft paper include colored, white, or bleached, black, natural recycled, and printed kraft paper.

Request Free Sample Report:

Kraft Paper Market Trends:

The growing preference for sustainable packaging materials among consumers is driving the global market. This can be attributed to the increasing awareness regarding the detrimental impact of plastic and other non-biodegradable variants among the masses. Moreover, the expanding utilization of kraft paper in the e-commerce industry for packaging solutions on account of various associated benefits, including toughness, folding resistance, and high-strength compression performance, is contributing to the demand across the globe. Furthermore, the governments of several countries are implementing regulations and policies to promote the use of eco-friendly packaging material, which is creating a positive market outlook. Besides, continuous technological advancements that are improving the quality and performance of the material are further supporting the market.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

Ahlstrom-Munksjö Oyj
BillerudKorsnäs AB (OTCMKTS: BLRDF)
Canadian Kraft Paper Ltd.
Canfor Corporation (OTCMKTS: CFPZF)
Gascogne Paper
International Paper Company (NYSE: IP)
SCG International Corporation Co. Ltd.
Smurfit Kappa Group plc (OTCMKTS: SMFKY)
Stora Enso Oyj (OTCMKTS: SEOAY)
Tokushu Tokai Paper Co. Ltd. (TYO: 3708)
WestRock Company (NYSE: WRK)

Report Coverage:

Base Year of the Analysis


Historical Period


Forecast Period



US$ Billion

Segment Coverage

Product Type, Packaging, Application, Distribution Channel, Region

Region Covered

Asia Pacific, Europe, North America, Latin America, Middle East and Africa

Countries Covered

United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico

Companies Covered

Ahlstrom-Munksjö Oyj, BillerudKorsnäs AB, Canadian Kraft Paper Ltd., Canfor Corporation, CMPC, Gascogne Papier, International Paper Company, Mondi PLC, SCG International Corporation Co. Ltd., Segezha-Group, Smurfit Kappa Group plc, Stora Enso Oyj, Tokushu Tokai Paper Co. Ltd. and WestRock Company.

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Explore the Full Report with TOC & List of Figures:

Kraft Paper Market Growth Factors:

Apart from this, the wide adoption of kraft paper in industrial and construction applications, such as building insulation, flooring underlayment, and roofing materials, is impacting the market favorably. In line with this, extensive utilization in the packaging of food and beverage products, including coffee, tea, and snacks as it helps in retaining the freshness of the products and makes them an attractive choice for food and beverage manufacturers, thus supporting the overall growth. Moreover, several major companies are heavily investing in the manufacturing of enhanced quality kraft paper that is stronger, lighter, and more durable, contributing to the demand. Other factors, such as the rising popularity of kraft paper in the field of printing and publication and the widespread adoption of stand-up pouches and zipper pouches, are projected to propel the market further.

Key Market Segmentation:

Breakup by Product Type:

Wrapping and Packaging
Sack Kraft Paper

Breakup by Packaging:

Corrugated Box
Grocery Bags
Industrial Bags

Breakup by Application:

Foods and Beverage
Building and Construction
Cosmetic and Personal Care

Breakup by Distribution Channel:


Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Get in Touch with our Expert Team for Inquire or Further Information:

Key highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current, and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Explore the Latest Research Reports by IMARC Group 2023-2028:

India Kraft Paper Market 2023-2028

Metal Casting Market Report 2023-2028

Halal Food Market Report 2023-2028

Animal Health Market Report 2023-2028

Semiconductor Foundry Market Report 2023-2028

Smart TV Market Report 2023-2028

Hot Sauce Market Report 2023-2028

Caustic Soda Market Report 2023-2028

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States

Daily Digest Signup

Daily business and market business news, business management tips, market research insights, and more.


Smart public opinion research for everyone.

Generated by Feedzy
%d bloggers like this: