The global unbleached hardwood kraft pulp market is anticipated to have substantial growth between 2022 and 2032. This increase is mostly due to the growing use of unbleached hardwood kraft pulp, an environmentally responsible and sustainable resource, in the manufacturing of different paper-based products. These uses are very diverse and include tissue paper, printing and writing paper, corrugated boxes, and speciality paper.
Both customers and governments are adopting paper-based alternatives more and more in response to growing environmental concerns and the need to limit plastic consumption. The need for paper-based solutions has been further fueled by global measures to reduce plastic pollution, which have resulted in prohibitions on plastic packaging goods like bags and disposables.
Some of the most well-known businesses are surprisingly making the proactive switch from plastic to paper packaging, which is in line with a wider trend in the industry. Concurrently, research and development expenditures by packaging businesses are substantial in order to develop creative solutions that embrace sustainability and effectively safeguard products, especially in the face of harsh transportation circumstances. The market for unbleached hardwood kraft pulp is now leading the way in the changing packaging scene as a result of these advancements.
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Growth in the North American market for unbleached hardwood kraft pulp is expected to maintain its momentum throughout the forecast period, driven by several key factors. North America has historically been the largest market for this type of pulp, and this trend is anticipated to continue due to rapid industrialization, a thriving paper and pulp industry, the strong presence of major market players, and shifting consumer preferences toward paper-based products.
The United States, in particular, holds a prominent position within North America. It leads the region in the production and consumption of unbleached hardwood kraft pulp, producing over 75 million tons, making it the second-largest producer of paper and pulp globally according to WorldAtlas.
The surge in demand across North America is largely attributed to the increasing use of paper-based packaging products across various industries. Consumers are increasingly gravitating towards paper products due to their environmentally friendly and non-harmful characteristics. As this shift towards sustainability gains momentum, the North American market for unbleached hardwood kraft pulp is well-positioned to benefit from the evolving preferences of both consumers and industries in the region.
The Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Unbleached Hardwood Kraft Pulp
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the industry.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Unbleached hardwood Kraft Pulp industry. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
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Key Takeaways and Projections
- The U.S. is expected to lead the North America Unbleached hardwood Kraft Pulp market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe industry over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Report Benefits & Key Questions Answered
- Historical Market Analysis: The detailed survey by FMI, examines key factors in the Unbleached hardwood Kraft Pulp market that affected the growth in the industry for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined sales projection of the Unbleached hardwood Kraft Pulp industry for the forecast period 2022-2032.
- Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Unbleached hardwood Kraft Pulp for the assessment period. As per the study, the demand for Unbleached hardwood Kraft Pulp will grow at a robust CAGR between 2022 and 2032.
- industry Trend Analysis: The latest study by FMI on the Unbleached hardwood Kraft Pulp industryoffers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist industry players in constructing an effective strategy to capitalize on them.
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Key Segments Profiled in the Unbleached Hardwood Kraft Pulp Industry Survey
By Grade Type:
- Chemical Pulp
- Semi-Chemical Pulp
- Mechanical Pulp
By Application:
- Sack Paper
- Tissue Paper
- Corrugated Material
- Printing & Writing Papers
- Specialty Kraft and Wrapping Papers
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia-Pacific excluding Japan
- Japan
- Middle East & Africa
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
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.
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