Sack Kraft Paper Market is set to Expand at a CAGR of 2.6% During 2016 to 2024; Stringent Environmental Regulation to Propel Sales in Sack Kraft Paper Market, Says TMR

News provided by

Oct 24, 2018, 08:00 ET

ALBANY, New York, October 24, 2018 /PRNewswire/ --

The global sack kraft paper market is anticipated to demonstrate a healthy rise over the coming years, as reported by a recent Transparency Market Research (TMR) study. Currently, the global market features a highly fragmented landscape, with the presence of a substantial vendor pool. Vendors in the market are seen focusing on investment into research and development of novel packaging solutions. Their focus on providing and innovative product portfolio. For instance, a key market player, Mondi plc introduced 'iFoodbags', which are created from a composite material based on paper. The product is designed to maintain the temperature of frozen products for an entire day.

(Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

Several regional and local capitalizing on the opportunities in the global sack kraft paper market, as the industry has low entry barriers in terms of both availability of raw materials, and technology.

Established vendors are seen retaining their supremacy in the market, on the basis of their financial might.

Get PDF Brochure for Research Insights at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13286

Some other leading players operating in the global sack kraft paper market are Nordic Paper Holding AB, KapStone Paper and Packaging Corporation, BillerudKorsnas AB, Canfor Corporation, and Tolko Industries Ltd.

As reported by TMR, the global sack kraft paper market is prognosticated to grow at a 2.6% CAGR over the forecast duration 2016 to 2024. The market was estimated to be worth US$8.4 bn in 2015, and is predicted to rise to US$10.5 bn by 2024.

Browse Research Release at https://www.transparencymarketresearch.com/pressrelease/sack-kraft-paper-market.htm

Demand for Sustainable Packaging Options to Boost Growth

The expanding usage of economical packaging alongside eco-accommodating and biodegradable materials is probably going to trigger an enormous interest and prerequisite for the worldwide sack kraft paper in present years. The interest and necessity for this sort of paper are foreseen to develop in the coming future as this material is probably going to demonstrate quality equivalent to plastic or engineered materials.

Moreover, this paper is likewise perceived to introduce remarkable high elastic energy assimilation (TEA) and consequently is being used for modern purposes. The expanding worries among earthy people and governments about the risks of utilizing plastic are expected to drive them to concentrate more on greener substitutes. The demand for sack kraft paper are likewise liable to be impelled by the prohibition on the generation and conveyance of plastics across several regions.

Request a Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13286

Introduction of New Regulations with Offer Rich Opportunity

At first, customer packaging materials were focused on attributable to the size of packaging squanders created; nonetheless, government and packaging associations have begun tending to the ecological impacts happening by the utilization of other packaging material also. Thus, the organizations are moving towards biodegradable packaging material to give speedier and finish common corruption. Legislatures of different nations in the locale have forced directions to guarantee cleanliness and nourishment wellbeing of consumable items. As indicated by European Commission, Regulation (EC) 852/2004 on cleanliness was forced to guarantee security of food products, is one of such directives. This is predicted to additionally fuel demand for sack kraft paper, offering novel opportunities for market vendors.

However, steep prices of raw materials, for example, soft wood may act as a limitation over a more prominent benefit of this market. In any case, as consumers over the world are likewise understanding the natural effect of waste materials and are moving towards the utilization of biodegradable packaging paper. This may help overcome market restraints over the coming years.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=13286

This review is based on TMR's report titled, "Sack Kraft Paper Market (Grade - White and Brown; Packaging Type - Valve Sack and Open Mouth Sack; End Users - Cement and Building Materials, Chemicals, Animal Feed, Pet Food, and Food) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024."

The market is segmented along the following lines:

Global Gastrointestinal Drugs Market, By Drug Class

Acid Neutralizers
- Antacids
- H2 antagonists
- Proton pump inhibitors
Antidiarrheal and Laxatives
Antiemetic and Antinauseants
Anti-inflammatory drugs
Biologics
Others (Antispasmodic etc.)

Global Gastrointestinal Drugs Market, By Route of Administration

Oral
Parenteral
Rectal

Global Gastrointestinal Drugs Market, By Disorder Type

Gastro Esophageal Reflux Disease
Inflammatory Bowel Disease
Irritable Bowel Syndrome

Global Gastrointestinal Drugs Market, By Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

Global Gastrointestinal Drugs Market, By Region

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Spain
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
- Southern Global
Middle East & Africa
- GCC countries
- South Africa
- Rest of Middle East & Africa

Browse More Packaging Market Research Reports

Popular Research Reports by TMR:

Printing Paper Market (Paper Type - Coated paper, Uncoated Paper; Distribution Channel - Hypermarket/Supermarket, Retail Stores, Convenience Stores, Ecommerce; Application - Newspaper, Industrial, Commercial Printing, Books & Magazines, Other Applications):

https://www.transparencymarketresearch.com/printing-paper-market.html

Retort Packaging Market (Product Type - Pouches (Stand-up, Back-seal Quad, Spouted, and Gusseted), Trays, and Cartons; Material Type - Cast Polypropylene, Nylon, Polyester, Polyethylene, Aluminum foil, and Paper and Paperboard; Form Type - Flexible, Rigid, and Semi-rigid; Application - Food (Read-to-eat Meals, Sea Food, Pet Food, Baby Food, and Soups & Sauces), Beverages, and Pharmaceuticals):

https://www.transparencymarketresearch.com/retort-packaging-market.html

Aseptic Paper Packaging Market (Paper Type - Bleached and Coated Unbleached; Thickness Type - Less than 240um, 240 to 260um, 260 to 280um, and More than 280um; Structure Type - 3 Layer, 4 Layer, and 6 Layer; Packaging Type - Flat Top and Gable Top; End Use - Dairy Products (Milk and Yogurt), Beverages (Fruit Juice, Carbonated, and Alcoholic)):

https://www.transparencymarketresearch.com/aseptic-paper-packaging-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]