Packaging / Global Extensible Sack Kraft Paper Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players- Billerud Korsnas AB, Segezha Group, Nordic Paper, Mondi Plc, Natron-Hayat D.o.o., Gascogne Group
Global Extensible Sack Kraft Paper Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players- Billerud Korsnas AB, Segezha Group, Nordic Paper, Mondi plc, Natron-Hayat d.o.o., Gascogne Group
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Extensible Sack Kraft Paper Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.2% during the review period (2022 to 2027).
Global Extensible Sack Kraft Paper Market overview
The extensible sack kraft paper is preferred nowadays as organic packaging has great benefits and efficient performance. The extensible sack kraft paper is completely biodegradable and recyclable which makes it more environmental. The extensible sack kraft paper has high tensile strength which is the ability of a material to endure loads or as opposed to compressive strength. The extensible sack kraft paper market is expecting to expand in different fields such as agricultural, packaging, electrical appliances due to their high tensile energy absorption (TEA) index. The extensible sack kraft paper market is anticipated to increase as the material has high porosity.
Sack kraft paper can be segregated as the paper category that is created from specialized chemical tissue obtained during the kraft process. The paper got from this process is utilized for making paper or posterboard having features such as high levels of elasticity, resistance against tearing, highly porous nature. All of the combined features together give rise to its application in manufacturing of packaging products which require high levels of strength and durable nature.
Who are the Prime Players in Extensible Sack Kraft Paper Market?
The Global Extensible Sack Kraft Paper Market includes identification and analysis of the various market participants competing in the global market. Prime competitors include Billerud Korsnas AB, Segezha Group, Nordic Paper, Mondi plc, Natron-Hayat d.o.o., Gascogne Group, Canadian Kraft Paper Ltd., Stora Enso, WestRock Company, Horizon Pulp & Paper Ltd., Smurfit Kappa
Industry News and Updates:
WestRock Announces Plans to Construct New Corrugated Box Facility in the Pacific Northwest
FEBRUARY 01, 2022: WestRock Company announced plans to build a new corrugated box plant in Longview, Washington, to meet the growing demand from WestRock’s regional customers in the Pacific Northwest. “WestRock’s corrugated packaging business in the Pacific Northwest continues to perform well, with strong relationships with customers in attractive growth markets,” said David B. Sewell, chief executive officer, WestRock.
Natron-Hayat pulp and paper mill invests in new press technology
10 may, 2022: Natron-Hayat Pulp and Paper Mill in Maglaj, Bosnia-Herzegovina, has ordered a press technology upgrade from Valmet. The delivery includes two refurbished Twin Roll Presses and additional equipment and services to secure the trouble-free operation of the presses.
The order was included in Valmet's orders received of the first quarter 2022. The delivery will be completed in September 2022. The value of the order will not be disclosed.
What are the major Applications, Types and Regions for Global Extensible Sack Kraft Paper Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Valve Sacks
Open Mouth Sacks
Other Packaging Types
By Application, it is segmented into
Cement & Building Materials
Chemicals
Agrochemicals
Animal Feed & Pet Food
Food & Beverage
Others
Global Extensible Sack Kraft Paper Market Regional Analysis
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to hold a important share of the market, owing to appearance of key players in the region. It constituted 31.0% share of the market in 2019. The market in Asia Pacific is expected to grow at a substantial pace during the forecast period. Growing government initiatives for eco-friendly packaging of products is expected to push the market in this region. The market in Latin America is projected to expand at a CAGR of 5.2% during the forecast period, owing to the penetration of players in the region. Increase in the number of small businesses in Latin America and growth of the paper industry are encouraging key players to increase their marketing campaigns in the region.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Extensible Sack Kraft Paper Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Extensible Sack Kraft Paper Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Extensible Sack Kraft Paper Market scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 4.2% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Extensible Sack Kraft Paper Market Report
Evaluate Extensible Sack Kraft Paper market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Extensible Sack Kraft Paper market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Extensible Sack Kraft Paper Market is studied from 2022-2027.
Who are the prime players in the Global Extensible Sack Kraft Paper Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
