The global sack kraft paper is expected to be worth US$10.5 bn by the end of 2024 as compared to US$8.4 bn in 2015. The researchers estimate that the global market will expand at a CAGR of 2.6% during the forecast period of 2016 and 2024.
Albany, NY -- (SBWIRE) -- 12/15/2016 -- This report provides forecast and analysis of the sack kraft paper market on the global and regional level. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume ('000 MT) and revenue (US$ Mn). It includes drivers, restraints and the ongoing trend of the sack kraft paper market along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the market for sack kraft paper on the global and regional level. It includes value chain analysis with list of pulp manufacturers, sack kraft paper manufacturers, sack manufacturers and end users in the value chain.
In order to provide the users of this report with comprehensive view of market, we have included detailed competitiveness analysis and company players. The competitive dashboard provides detailed comparison of sack kraft paper manufacturers on parameters such as company's revenue, market share, unique selling propositions and key strategic developments. The study encompasses market attractiveness analysis, by grade, packaging type, end-use industry and by geographic region.
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Global Sack Kraft Paper Market: Scope
Market statistics have been estimated based on average consumption and weighted average pricing of sack kraft paper by grade and the revenue is derived through regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets. The sack kraft paper market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous sack kraft paper manufacturers, suppliers, and distributors.
Global Sack Kraft Paper Market: Segmentation
All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Regional demand patterns have been considered while estimating the market for various end users of sack kraft paper in different regions. Top-down approach has been used to estimate the sack kraft paper market by regions. Market numbers for global grade, packaging type and end-use industry segments have been derived using the bottom-up approach, which is cumulative of each region's demand. The market has been forecast based on constant currency rates.
Examining the end use industry, the report highlights that cement and building material segment accounted for significant value share in global sack kraft paper market in 2015, and is anticipated to increase at a CAGR of 2.2% over the forecast period. This segment is expected to account for 58.7% of the total sack kraft paper market by 2024.
Chemicals segment accounted for 7.6% in 2015 and is expected to exhibit high CAGR of 3.6% as compared to other end-use industry segments. The animal feed segment is expected to increase 1.3X in terms of revenue by 2024 and create an incremental opportunity of US$ 309.7 Mn. Food segment accounted for 12.0% in 2015 and is expected to grow at a CAGR of 3.1% over the forecast period.
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A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, World Bank, Packaging Digest, EUROSAC, Confederation of European Paper Industries (CEPI) and company annual reports and publications.
Key Players Mentioned in the Research Report are:
The report provides detailed competitive outlook including company profiles of key participants operating in the global market. Key players in the global sack kraft paper market include, The Mondi Group plc, BillerudKorsnas AB, KapStone Paper and Packaging Corporation, Segezha Group, Gascogne SA, Nordic Paper Holding AB, Natron-Hayat d.o.o., Horizon Pulp & Paper Ltd., Tolko Industries Ltd. and Canfor Corporation.
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