Global Sack Kraft Papers Market Overview:
Sack kraft paper, Brown paper or wrapping paper is made from variety of raw materials such as bagasse, ground wood, straw, waste paper are used in various combinations or alone, waste carton boxes etc. It is leading paper for wrapping heavy bundles. After corrugation it is used in numerous types of packing and it is an essential packaging material. Sack kraft paper is paper produced from chemical pulp produced in the kraft process. The market is well established in North America and western countries, and it is expected to grow linearly over the forecast period. Growing economies such as China, India and Brazil are expected to emerge as most attractive geographical segment in global Sack Kraft Paper Market.
Market Drivers
- Growing Demand for Eco-Friendly and Bio-Degradable Packaging Material
- Growing Inclination towards Sustainable Packaging
Market Trend
- Government Support towards Sack Paper Packaging
- Increase in Popularity of Quick-Service Restaurants
Restraints
- Availability of Alternatives Such As Plastic Materials and Flexible Intermediate Bulk Containers
Opportunities
- Huge Demand Due To Increasing Transportation of Food Products
- High Adoption Due To Construction Industry in Emerging Countries
Competitive Landscape:
Some of the key players profiled in the report are BillerudKorsnas AB (Sweden), Mondi PLC (Austria), Natron-Hayat d.o.o (United Kingdom), Nordic Paper AS (Norway), Gascogne Group (France), KapStone Paper and Packaging Corporation (Westrock) (United States), Horizon Pulp & Paper Ltd. (Estonia), International Paper Company (United States), Canfor Corporation (Canada) and Tolko Industries Ltd. (Canada). Additionally, following companies can also be profiled that are part of our coverage like Smurfit Kappa Group (Ireland), ROXCEL Group of Companies (Austria) and Forsac S.A. (Chile). Analyst at AdvanceMarketAnalytics see Canadian Vendors to retain maximum share of Global Sack Kraft Papers market by 2024. Considering Market by End-Users, the sub-segment i.e. Cements Industry will boost the Sack Kraft Papers market. Considering Market by Packaging Type, the sub-segment i.e. Open Mouth Sack will boost the Sack Kraft Papers market.
Market Highlights:
On May 31, 2019 - BillerudKorsnäs acquires Bergvik Skog Öst AB, is part of strategy to ensure a long-term competitive and stable wood supply. and On July 12, 2019 - The Graz University of Technology (TU Graz) and Mondi Group have set up a strategic partnership oriented to research and education. At the Faculty of Technical Chemistry, Chemical and Process Engineering and Biotechnology at TU Graz, Mondi will endow two professorships, one in Pulping and Paper Technology and one in Food Contact Materials.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sack Kraft Papers market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sack Kraft Papers market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Sack Kraft Papers, Suppliers of Sack Kraft Papers, Wholesalers, Distributors and Retailers of Sack Kraft Papers, Packaging Industry, Food Industry and Construction Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.