Bans on plastics and rising adoption of eco-friendly packaging in food, beverage, and construction industries are fueling global kraft paper market expansion.
According to a new report, the global Kraft Paper Market was valued at USD 19.52 billion in 2024 and is projected to reach USD 25.50 billion by 2032, growing at a CAGR of 3.4% during the forecast period. Growth is being driven by rising demand for sustainable packaging solutions, regulatory bans on single-use plastics, and increasing applications across food & beverage, construction, and consumer goods industries.
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Key Highlights
- Market size: USD 19.52 Bn (2024) → USD 25.50 Bn (2032) | CAGR: 3.4%
- Leading segment: Unbleached Kraft Paper (32% share in 2024) for sacks and packaging
- Packaging form leader: Corrugated Boxes (36.4% share in 2024)
- Largest regional market: Asia Pacific (40% share in 2024)
- Key drivers: Ban on plastics, fast-food industry growth, sustainable packaging demand
- Top companies: Mondi, International Paper, Smurfit Kappa, Stora Enso, WestRock, Nippon Paper Group
Market Outlook
The kraft paper market is experiencing steady growth as industries shift toward eco-friendly, recyclable, and durable packaging materials. Rising consumer preference for sustainable packaging, coupled with government regulations banning plastics, is significantly boosting adoption. Demand is particularly strong in the food & beverage industry, where kraft paper is used for bakery, dairy, snacks, and takeaway packaging. In construction, kraft paper packaging is gaining popularity due to its resistance to temperature, water, and chemicals.
Regional Insights
- Asia Pacific dominated with a 40% share in 2024, driven by high consumption in India and China and strong demand from consumer goods and food packaging.
- North America and Europe continue to adopt kraft paper in response to sustainability regulations and increasing consumer awareness.
- Emerging markets in South America and Middle East & Africa are adopting kraft packaging in food, logistics, and industrial sectors.
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Key Players
The market is competitive with global and regional players investing in product innovation, recyclable materials, and sustainable solutions. Key companies include:
- Mondi, Ahlstrom-Munksjö, CMPC, Daio Paper, International Paper, ITC Limited, Nippon Paper Group, Sappi Limited, Smurfit Kappa, Stora Enso, WestRock, Georgia-Pacific, Billerudkorsnäs AB, Oji Holdings Corporation.
Partnerships, capacity expansion, and eco-friendly product launches remain core strategies.
Analyst Quote
The kraft paper market is being propelled by the twin forces of sustainability regulations and consumer demand for eco-friendly packaging. With applications spanning food service, retail, and construction, kraft paper is positioned as a vital material in the global shift away from plastics.
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