San Francisco, 25 March, Kraft Liner Market Size, Share & Trends
Analysis Report By Product (GSM<80, GSM 80 to 160, GSM>160), By Region
(North America, Europe, Asia Pacific, CSA, MEA), And Segment Forecasts, 2019 –
2025.
The global kraft liner market size is expected to reach USD 55.01 billion by
2025, according to a new report by Grand View Research, Inc. It is projected to
expand at a CAGR of 6.2% over the forecast period. Growing global trade is
expected to drive the demand for packaging materials resulting in demand for
kraft liners over the forecast period.
Kraft liners are produced using
recycled materials derived from old corrugated containers and virgin fibers.
Changing consumer preferences towards using eco-friendly, lightweight, and
durable packaging materials are expected to drive the market for corrugated
boxes produced from kraft liner, thereby, driving the product demand.
Corrugated boxes are widely
some of the widely used packaging materials for wrapping and packing products
distributed through e-commerce channels, owing to their high load bearing
strength and durability. In addition, the companies transporting fragile
products such as glass objects, furniture, and toys demand premium quality
packaging, which is expected to augment the use of the product with higher
Grams per Square Meter (GSM).
The kraft liner market is
dynamic in nature owing to stringent regulations concerning quality of the
material used for food packaging, recycled materials used in the product, and
trade policies across the globe. In addition, regulations regarding the
production of pulp and paper have mandated the manufacturers to use
standardized materials to meet the specific packaging requirements.
Rising concerns regarding the
protection of goods during transportation are expected to drive the demand for
corrugated packaging materials. Major players engage in technological
developments to produce material grades suitable for food packaging which can
protect food products from accidental damages and external environment. This
factor is anticipated to drive the demand for the product in corrugated boxes
and other packaging products.
Access Full Research
Report On Kraft Liner Market Analysis:
Further key findings from the report suggest:
·
Kraft liner with a GSM grade
between 80 to 160 accounted for 58.6% of the revenue share in 2017 owing to
high product penetration in manufacturing corrugated boxes used for packaging
food and beverages, consumer goods, and medical tools
·
Higher GSM grades are expected
to register significant growth as these products are multi-layered, thick in
size, and are attached with cardboard flute which provides a cushion to the
object and helps protect it during transportation
·
The kraft liner with GSM grade
higher than 160 is expected to register a CAGR of 6.0% in terms of revenue from
2017 to 2025 owing to rising demand for heavy-duty packaging for industrial
applications
·
Asia Pacific is expected to
register a CAGR of 6.8% in terms of revenue over the forecast period owing to
rising demand for corrugated packaging from developing economies on account of
growing manufacturing sector
·
The kraft liner market is
characterized by the presence of a large number of players striving to increase
their penetration in different regions, through acquisitions of local
manufacturers at strategic locations
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has segmented the
global kraft liner market on the basis of product and region:
Kraft Liner Product Outlook (Volume,
Kilotons; Revenue, USD Million, 2014 - 2025)
·
GSM<80
·
GSM 80 to 160
·
GSM>160
Kraft Liner Regional Outlook
(Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
o
Brazil
·
Middle East & Africa
o
Saudi Arabia
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-kraft-liner-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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