Understand How The Poly Coated Kraft Paper Market Is Set To Grow In Through 2024-2033
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
Eco-friendly packaging is driving the growth of the poly-coated kraft paper market. The term eco-friendly packaging refers to packaging that can be recycled, is safe for individuals and the environment, and is made from recycled materials. The poly-coated kraft paper is made from pure kraft paper with a polyethylene coating, making it environmentally friendly.
- Consumer Preference for Eco-Friendly Packaging: According to the Global Buying Green Report, 67% of consumers emphasize recycling packaging when purchasing products, highlighting the growing importance of eco-friendly solutions.
- Limited Chemical Usage: The manufacturing process of kraft paper involves minimal chemical usage, aligning with sustainability trends and consumer demand for greener options.
- Key Players: Major companies in the market include WestRock Company, Mondi PLC, International Paper Company, and others.
Read The Full Poly Coated Kraft Paper Market Report Here:
https://www.thebusinessresearchcompany.com/report/poly-coated-kraft-paper-global-market-report
Product Innovation Revolutionizes Poly-Coated Kraft Paper Packaging
Product innovation emerges as a key trend in the poly-coated kraft paper market, with major companies introducing sustainable solutions to enhance market position.
- Innovative Solutions: BillerudKorsnäs introduced Performance White Barrier, a sack paper eliminating the need for plastic film barriers. This innovation addresses sustainability concerns while maintaining performance standards.
- Market Expansion: BillerudKorsnäs’ acquisition of Verso in December 2021 strengthens its presence in North America, enabling the development of sustainable growth strategies in the region.
Market Segmentation and Growth Prospects
The poly-coated kraft paper market is segmented based on grade, packaging formats, and end-use applications.
- By Grade:
- Unbleached
- Bleached
- Natural
- By Packaging Formats:
- Bags
- Sacks
- Pouches
- Envelopes
- By End Use:
- Food and Beverages
- Building and Construction
- Automotive
- Cosmetics and Personal Care
- Electrical and Electronics
- Chemicals and Agrochemicals
- Other End Uses
Regional Dynamics and Market Forecast
Asia-Pacific led the poly-coated kraft paper market in 2023, with North America projected as the fastest-growing region in the forecast period.
- Market Size Projection: The market is expected to reach $5.61 billion by 2028, driven by factors such as increased emphasis on sustainable packaging, compliance with environmental regulations, and expansion of e-commerce packaging solutions.
- Growth Drivers: Sustainability trends, rise in e-commerce, and consumer demand for greener options contribute to market expansion.
- Major Players and Market Landscape: Key players include WestRock Company, Billerud AB, Georgia-Pacific LLC, Mondi PLC, and others, reflecting a competitive yet innovative market landscape.
Get A Free Sample OnThe Global Poly Coated Kraft Paper Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=8820&type=smp
The Poly Coated Kraft Paper Global Market Report 2024 provides an overviewof the poly coated kraft paper market for the time series: historic years (2010 -2021) and ten years forecast (2023 – 2032).The poly coated kraft paper market forecast analyzespoly coated kraft papermarket size, poly coated kraft paper market share,leading competitor and their market positions.
Explore Similar Reports From The Business Research Company:
Polylactic Acid Global Market Report 2024
Polymer Coated Fabrics Global Market Report 202
Polybutylene Terephthalate (PBT) Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company:https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: