The Global Sack Kraft Paper market is expected to grow from $8.91 billion in 2016 to reach $11.35 billion by 2023 with a CAGR of 3.5%. The factors that are expected to favor the market include printability, porosity, extensibility and durability.
According to Publisher, rising demand for sustainable packaging with eco-friendly materials and value added significance across end-use industries are some trends enhancing the market. However, high cost of raw materials (soft wood) is a major restraint restricting the market size over the forecast period.
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Cement segment is anticipated to exhibit highest CAGR as compared to other end user industries. This cement segment is a booming scetor in developing economies such as Middle East, Asia and Africa.
By geography, Asia Pacific dominated the global market and generated higher revenue share of around 36% in 2016.
Some of the key players in this market include Tolko Industries Ltd., The Mondi Group plc., Segezha Group, Nordic Paper Holding AB, Natron-Hayat d.o.o., BillerudKorsnas AB, Gascogne SA, Canfor Corporation, Horizon Pulp & Paper Ltd., KapStone Paper and Packaging Corporation, Primo Tedesco S.A., Smurfit Kappa Group, ROXCEL Group of Companies and Forsac S.A.
Packaging Types Covered:
-Open Mouth Sack
End Users Covered:
-Animal Feed & Pet Food
-Industrial and Building Materials
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-Coated Sack Kraft Paper
-Semi- Extensible Sack Kraft Paper
-Natural Sack Kraft Paper
-Extensible Sack Kraft Paper
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
-Rest of the World
- Middle East
- South Africa
11.1 Tolko Industries Ltd.
11.2 The Mondi Group plc.
11.3 Segezha Group
11.4 Nordic Paper Holding AB
11.5 Natron-Hayat d.o.o.
11.6 BillerudKorsnas AB
11.7 Gascogne SA
11.8 Canfor Corporation
11.9 Horizon Pulp & Paper Ltd.
11.10 KapStone Paper and Packaging Corporation
11.11 Primo Tedesco S.A.
11.12 Smurfit Kappa Group
11.13 ROXCEL Group of Companies
11.14 Forsac S.A.
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