Estimated at US$ 1,481.5 million in 2023, the global unbleached softwood kraft pulp market is positioned for significant growth, with Future Market Insights forecasting a robust expansion at a Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2033. This trajectory is expected to propel the market to a noteworthy valuation of US$ 2,322.84 billion by 2033. As industries prioritize sustainable and high-quality pulp sources, the market’s projected growth reflects its pivotal role in meeting these demands. The forecast underscores the enduring significance of unbleached softwood kraft pulp in the evolving landscape of the global pulp and paper industry.
The market for unbleached sack kraft paper is witnessing a surge in popularity, playing a pivotal role in shaping industry dynamics. The share of unbleached sack kraft paper within the market is subject to fluctuations influenced by factors like the demand for packaging solutions, raw material accessibility, and competition posed by alternative packaging materials.
Anticipated to hold a dominant 79.7% share in the North American market by 2033, the United States is positioned as a key player in the unbleached softwood kraft pulp sector. The expansion of the e-commerce industry further propels this growth, as unbleached softwood kraft pulp finds extensive applications in diverse packaging products like corrugated boxes, bags, and cartons. These play a crucial role in facilitating the shipment and storage of products procured through online channels, underscoring the integral connection between the flourishing e-commerce landscape and the demand for unbleached softwood kraft pulp in the United States.
Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-9149
Key players
- Stora Enso Ovi.
- Canfor Corporation
- Ahlstrom-Munksjo
- Nippon Paper Industries Co., Ltd
- Domtar Corporation
- Arauco North America, Inc.
- Ilim Group
- Rottneros AB
- Port Townsend Paper Company
Key Takeaways
- In 2023, the United States is expected to develop significantly in the unbleached softwood kraft pulp market, with a size of US$ 286 million.
- The unbleached softwood kraft pulp market was significantly expanding, with a size of US$ 1,431 million in 2022.
- Market shows amazing opportunities due to the rising need for sustainable options, and expects a Y-o-Y growth of 3.1% in 2023.
- The market in China is anticipated to expand at an adequate CAGR of 6% by 2033.
- In 2023, Germany is likely to expand in the unbleached softwood kraft pulp market, with a size of US$ 57 million.
- Canada is anticipated to expand at an adequate CAGR of 4.5% by 2033.
- The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 3.9% by 2033.
- Based on the end use, the packaging industry is likely to lead the market and expects a size of US$ 1,314 million in 2023.
- Based on the product type, the northern segment continues to dominate the sector during the forecast period, with a CAGR of 4.4%.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-9149
Key Strategies in the Industry
The unbleached softwood kraft pulp market is highly competitive and home to numerous prominent companies. These businesses compete on the basis of elements including product quality, cost, and customer service.
- Stora Enso Ovi,
- Canfor Corporation,
- Ahlstrom-Munksjo,
- Nippon Paper Industries Co., Ltd,
- Domtar Corporation, and
- Arauco North America, Inc.
are some leading key players in the market. To drive market expansion, industrial facilities are increasingly reorganizing their existing production bases. Unbleached softwood kraft pulp is widely used across a variety of industries, which is the motivation for large production.
Recent Developments
- In order to serve the food packaging industry, Rottneros AB released their complete line of Rottneros’ molded and recyclable fiber trays in November 2020. These trays are made of unbleached softwood kraft pulp.
- Stora Enso Ovi has presented a variety of unbleached softwood kraft pulp products, including NBSK and BHKP pulp.
- Food and Beverages
- Building and Construction
- Agriculture and Allied Industries
- Chemicals
- Cosmetics and Personal Care
- Electrical & Electronics
- Other Consumer Goods
Buy Now/Purchase: https://www.futuremarketinsights.com/checkout/9149
Key Segments
By Product Type:
- Northern
- Southern
- Others
By Grade:
- Chemical Pulp
- Mechanical Pulp
- Other Pulp
By Application:
- Printing and Writing
- Newsprint
- Packaging
- Corrugated Boxes
- Cartons
- Liners
- Bags and Sacks
- Wrapping
- Other Packaging Products
- Tissue & Toilet Paper
- Others
By End-use:
- Packaging
- Non-Packaging
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
