November 14, 2022 08:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
Valley Cottage, New York, UNITED STATES Take-out paper lunch box
NEWARK, Del, Nov. 14, 2022 (GLOBE NEWSWIRE) -- The global kraft paper market is valued at US$ 15.94 Bn as of now and expected to reach US$ 19.82 Bn by the year 2032 at a CAGR of 2.2% between 2022 and 2032.
Kraft paper is amongst the commodities used to facilitate packaging these days as it hardly has any negative impact on environment. These papers are made through kraft process. They make use of a plethora of fibers. The sheets happen to be gritty in texture. Kraft paper also suffices the bakery vertical.
The applications of kraft paper include carryout bags, shopping and grocery bags, gift wrapping, and multiwall shipping sacks. Kraft paper proves to be stronger as compared to any other paper due to low concentration of lignin and higher sulphur ratio.
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With environmentally-friendliness being of prime concern, paper-based packaging serves the industries well. The corrugated boxes do help in reducing packing waste as they could be recycled as well as reused. Logistics services dominate the kraft paper market.
The start-ups are developing new kraft paper packaging solutions like consumer-friendly bags, stand-up pouches, and zipper pouches. Kraft paper is also used for addressing medical purposes. Long softwood fibers are used for manufacturing it, which give it flexibility that is desired along with tensile strength.
At the same time, lack of awareness about kraft paper in low-income countries may restrain the market. Future Market Insights has walked through these facts with insights in its latest market study entitled ‘Kraft paper Market’. It has its team of analysts and consultants to execute it, with macros and micros in place.
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Key Takeaways from Kraft Paper Market
Key Segments Profiled in the Global Kraft Paper Market Report
Kraft Paper Market by Product Type:
Kraft Paper Market by Application:
Kraft Paper Market by Grades:
Kraft Paper Market by End Use:
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