LONDON, July 25, 2017 /PRNewswire/ -- According to Stratistics MRC, 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. Moreover, 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
• Valve Sack
End Users Covered:
• Cements
• Chemicals
• Animal Feed & Pet Food
• Agrochemicals
• Industrial and Building Materials
• Food
Grades Covered:
• Brown
• White
Types Covered:
• Coated Sack Kraft Paper
• Semi- Extensible Sack Kraft Paper
• Natural Sack Kraft Paper
• Extensible Sack Kraft Paper
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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