In 2032, the global kraft pouch market is expected to reach US$ 1.69 Billion in 2032. Eliminating usage of plastic for a more sustainable environment is anticipated to push the demand for kraft pouch in future. As per FMI, the global kraft pouch market stood at US$ 1.26 Billion in 2022 and is set to exhibit growth at a CAGR of 3% in the forecast period from 2022 to 2032.
Kraft pouch can be a single-layered flat pouch or a multi-layered stand-up pouch which can be used for high barrier packaging solutions. These kraft pouches are made puncture-resistant, heat-sealable, moisture-proof, and leak proof. Inclination of consumer’s preference towards paper-based flexible packaging solutions is expected to boost the kraft pouch market growth during the next ten years.
Key manufacturers are replacing their plastic-based packaging solutions with the paper-based packaging and adding value to their sustainability actions. Kraft pouch offers high strength and increase material handling capacity throughout the supply chain, and finds application in various end user industries.
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The changing consumption scenario of the food & beverage industry is anticipated to expand the foothold of global kraft pouch market. Some of the manufacturers are also providing kraft pouch made up of recyclable kraft paper, which adds a significant value to sustainable packaging solutions.
Kraft Pouch Market: Dynamics
Kraft pouch market is anticipated to register high growth during the forecast period, owing to elimination of usage of plastic pouches. The kraft pouch market outlook is expected to be positive during the forecast period, owing to preference for more sustainable products.
The kraft pouch are available in slider zipper, window form, and other formats. Machine glazed bleached and unbleached form provides enhanced printability. These bags are also available in gusseted styles and are made in compliance with food contact paper material regulations.
Government regulations regarding food contact materials and ban on plastic-based packaging is expected to create lucrative opportunities for kraft pouch market. Stand-up pouches convenient for consumer goods, medical components, and other products, which is expected to boost the kraft pouch market.
Some of the key manufacturers operating in the kraft pouch market are Detmold Group, Mondi Plc, International Plastics Inc., and TedPack Company Limited. Companies are offering customized paper packaging solutions, for instance, Mondi Plc launched new patented paper and barrier solution for food packaging.
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Key Segments Profiled in the Kraft Pouch Market Report
By Product Type:
- Flat pouches
- Stand-up pouches
By Grade:
- Bleached
- Unbleached
By Finish:
- Glazed
- Finished
By Basis Weight:
- <30 gsm
- 30-90 gsm
- 91-120 gsm
- 121-200 gsm
- >200 gsm
By End Use:
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Electronics & Electricals
- Other Consumer Goods
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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