The United States kraft paper market is expected to grow at a compound annual growth rate of 1.96% to reach a market size of US$438.160 million by 2024 from US$370.075 million in 2018. Kraft paper is a cardboard or paper produced from the pulp. Kraft paper is suitable for packaging of products which demand strength and durability. The demand for the Kraft paper is growing due to the changing preference of the people for biodegradable and sustainable packaging material. The growing environmental concerns coupled with increasing preference for biodegradable packaging is expected to drive the market for Kraft paper. The U.S. is the largest region in North America which is having Kraft paper market due to the initiatives taken by the government for the safety of the environment. Furthermore, the increase in the awareness among the people about the sustainable packaging is going to impact the Kraft paper market, the vendors are also recommending eco-friendly biodegradable and sustainable packaging which will drive the growth of kraft paper market.
Growing preference for eco-friendly packaging.
Rising demand for cardboard and corrugated boxes.
Government rules and regulations regarding deforestation.
In November 2018, WestRock Company a leading provider of differentiated paper and packaging solutions acquired KapStone Paper and Packaging Corporation with an aim to broaden their portfolio of paper and packaging solutions.
The major players profiled in the US Kraft paper market are WestRock Company, Graphic Packaging International, Inc., International Paper Company, KapStone Paper and Packaging Corporation, and CTI Paper USA.
The US kraft paper market has been analyzed through the following segments:
Natural Kraft Paper
Bleached Kraft Paper
Printed Kraft Paper
Recycled Kraft Paper
Food & Beverage
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER'S FIVE FORCES ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. US KRAFT PAPER MARKET BY TYPE
5.1. NATURAL KRAFT PAPER
5.2. BLEACHED KRAFT PAPER
5.3. PRINTED KRAFT PAPER
5.4. RECYCLED KRAFT PAPER
6. US KRAFT PAPER MARKET BY APPLICATION
6.1. CORRUGATED BOXES
6.2. SHOPPING BAGS
7. US KRAFT PAPER MARKET BY END-USER
7.1. FOOD & BEVERAGE
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. RECENT Investments AND DEALS
8.3. STRATEGIES OF KEY PLAYERS
9. COMPANY PROFILES
9.1. WESTROCK COMPANY
9.2. GRAPHIC PACKAGING INTERNATIONAL, INC.
9.3. INTERNATIONAL PAPER COMPANY
9.4. KAPSTONE PAPER AND PACKAGING CORPORATION
9.5. CTI PAPER USA.
LIST OF FIGURES
LIST OF TABLES
Graphic Packaging International, Inc.
International Paper Company
KapStone Paper and Packaging Corporation
CTI Paper USA
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