Features Global demand for kraft paper sacks is expected to remain strong over the forecast period despite a temporary blip due to COVID-19 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Markets & Competition Titan America set for US equity market debut Expansion plans for Titan's US business May 10, 2024 Volume & Pricing Yanbu Cement to upscale green cement production Green cement output set to increase in Saudi Arabia May 10, 2024 MOST READ Environment Prometheus Materials produces cement with algae Startup innovates zero-carbon May 06, 2024 Markets & Competition Botswana to ban cement imports Government implements cement import ban to reduce import May 07, 2024 Global demand for kraft paper sacks is expected to remain strong over the forecast period despite a temporary blip due to COVID-19 Sustainability and financial viability join forces to drive demand for Kraft paper sacks (industrial bags) across selected end-user segments, according to CW Research's Global Kraft Paper Bag Market and Forecast Report. Asia-Pacific has evolved into the main demand driver over the forecast period, with Western Europe remaining a major market in terms of consumption and importantly, innovation. ÔÇ£While building materials industry will remain the dominant end user globally, food, agriculture and animal feed have the potential to contribute sustained growth helping cement the growing demand for Kraft paper sacks. Despite the short-term slowdown caused by Covid-19, there is a strong demand for a sustainable, yet cost competitive option to ubiquitous PP Woven bags. This is driven by a combination of consumer behavior and legislation that will ensure the prospect for robust demand for this productÔÇØ, stated Carolina Pereira, Manager, Advisory & Research at CW Group. Building materials and food to account for majority of market size in 2025F The global market size for Kraft paper sacks is estimated at USD 19.6 billion in 2025F with the building materials industry expected to account for close to two-thirds of the market size. Food is expected to contribute close to one-fifth of the market size at the end of the forecast period. Innovations in terms of product development, changes to the existing supply chain and legislation are key market drivers helping accentuate the adoption of Kraft paper sacks. The use is not only across additional industries in developed markets, but especially in the major end user segments of building materials, agriculture, food, chemicals and animal feed in the major emerging markets, including the Asia-Pacific region, including China. The Global Kraft Paper Bag Market and Forecast Report helps address important market dynamics and includes a 5-year outlook (2020-2025) for industrial Kraft paper bag market size (USD millions) by product type, application and market participants on a national, regional and global level to ensure granularity and specificity required by businesses to make strategic and operational plans. A detailed overview of the major challenges and opportunities for Kraft paper by industry and region matrix allows market participants to assess relevant opportunities. Find out more about the report here. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline