Kraft Liner Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2027
The global Kraft
Liner market is forecast to reach USD 60.49 Billion by 2027,
according to a new report by Reports and Data. The rise of packaging in the
application industries, such as import and export, food and beverages, construction,
electricity and electronics, and manufacturing, should infuse growth.
E-commerce was the most crucial
application segment for corrugated boxes, containers, and sheets due to the
boom in the online shopping industry. The growing demand for corrugated
cardboard packaging made from Kraft liners for electronics, glassware, and food
products ordered online is expected to stimulate the market over the forecast
period.
Traditionally, Kraft linings were made
of virgin fibers; however, the growing preference for cheap and environmentally
friendly products has led to the use of recycled materials. Raw materials
required for the manufacturing of Kraft liners comprise old corrugated
containers (OCC) and virgin fibers in a ratio of 80% OCC and 20% virgin fibers.
OCC dominates the composition in the final product, thus impacting its quality
levels. OCC is used to minimize the overall cost of production and to
strengthen the end product. Thus, the supply of high-quality OCC, primarily
through a single channel, plays a crucial role in the product value chain.
Unstable raw material prices have
resulted in price changes for Kraft liners, thereby affecting manufacturers'
profit margins. Kraft coatings require multiple processes to produce a variety
of GSM grades, which results in higher production costs. The major players
operating in the industry are engaged in mass production, thereby reducing the
overall production cost.
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Key
participants include Smurfit Kappa,
Groupo Europac, Astron Paper & Board Mill, Eagle Paper International, Inc.,
Thai Paper Mill Company Limited, International Paper, Hazel Mercantile Limited,
Mondi Group, Nippon Paper Industries, and BillerudKorsnas AB among others.
Further key
findings from the report suggest
- Increased import and export operations
around the world due to increased industrial productivity and awareness of
light and environmentally friendly packaging materials are expected to
drive demand for products. The growth of the packaging industry and the
development of the electronic commerce sector are contributing to the
growing demand for Kraft liners for the manufacture of corrugated
containers, cartons, and boxes.
- The Below 200 GSM category emerged as the
largest segment by basis weight in several packaging applications. Kraft
liners in this category are lightweight, durable and can support heavy
weights to some extent and facilitate transportation.
- Food and beverage packaging has the
highest market share in the Kraft liners market and is expected to grow
with a significant CAGR over the next few years.
- Due to its high strength, bleached Kraft
paper is widely used in packaging. The boost in the packaging segment due
to the advancement of the e-commerce and packaged food industries has thus
lead to massive revenues for the bleached Kraft liner.
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The report also studies their
financial standing and global position. It also provides an extensive coverage
of the alliances occurring in the competitive landscape such as mergers and
acquisitions, collaborations, joint ventures, partnerships, corporate deals and
government deals, agreements, and product launches and brand promotions.
To impart a better understanding, the Kraft
Liner market is further segmented on the basis of types, application,
technologies, and key geographies where the market has already established its
presence.
For the purpose of this report, Reports and
Data have segmented into the global Kraft Liner market on the basis of Product,
Basis Weight, End-Use Industry, and Region:
Product Outlook
(Revenue, USD Billion; 2017-2027)
- Unbleached
- Bleached
Basis Weight
Outlook (Revenue, USD Billion; 2017-2027)
- Below 200 GSM
- 200-400 GSM
- Above 400 GSM
End-Use Industry
Outlook (Revenue, USD Billion; 2017-2027)
- Food and Beverages
- Agriculture
- Consumer Goods
- Electrical and Electronics
- Printing
- Others
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Regional analysis section covers
analysis of the Kraft Liner market in the major geographies of the world
including North America, Latin America, Europe, Asia Pacific, and the Middle
East and Africa with regards to production and consumption pattern, supply and
demand ratio, import/export, revenue contribution, market share and market
size, and presence of key players in the region.
Detailed Regional Analysis Covers:
· North America (U.S., Canada, Mexico)
· Europe (U.K., Italy, Germany, France, Rest of
Europe)
· Asia Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest
of Latin America)
· Middle East & Africa (Saudi Arabia,
U.A.E., South Africa, Rest of MEA)
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