Introduction
Understanding Machine Glazed Kraft Paper
Machine Glazed Kraft Paper, often referred to as MG Kraft paper, is a unique type of paper that undergoes a special manufacturing process. This process imparts a smooth, glossy surface on one side while maintaining a natural, rough texture on the other. This distinctive characteristic makes it ideal for a wide range of packaging applications. From food packaging to industrial applications, MG Kraft paper stands out as a versatile and sustainable solution.
Machine Glazed Kraft Paper: A Sustainable Choice
The packaging industry is witnessing a paradigm shift towards sustainability, driven by consumer demand and environmental concerns. Machine glazed kraft paper aligns perfectly with this trend due to its renewable nature and minimal environmental impact. Crafted from wood pulp, it is both biodegradable and recyclable, ensuring a reduced carbon footprint throughout its lifecycle.
In 2022, the worldwide market for machine glazed kraft paper is approximated to be valued at US$ 9.3 billion. Projections indicate that by 2030, this market could attain a value of US$ 14.5 billion, reflecting a compounded annual growth rate (CAGR) of 6% from 2022 to 2030.
Key Takeaways of Global Machine Glazed Kraft Paper Market Study
- After registering negative y-o-y growth in 2021, sales in machine glazed kraft paper market is expected to recover 2022 onwards
- Rising focus on sustainable will enable the U.S. account for over 80% sales in North America in 2021
- The U.K. market is expected to register a little above 1% y-o-y growth in 2021, following a period of declining sales amid pandemic
- Demand from Germany and France is expected to increase following a period of negative sales in 2020-21
- China is expected to dominate East Asia market, yet Japan is likely to register growth at a higher rate
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“The ability of machine glazed kraft paper to provide exclusive mechanical strength, flexibility, and printability makes it an ideal choice for packaging of industrial and non-industrial goods. Shifting inclination towards strong yet sustainable packaging solutions will create sales opportunities,” said a lead analyst at FMI.
Exploring Market Trends
Demand in E-commerce Packaging
The exponential growth of e-commerce has sparked a surge in demand for effective and sustainable packaging solutions. Machine glazed kraft paper meets these requirements, offering sturdy packaging that protects items during transit while aligning with the eco-conscious values of online shoppers.
Sustainable Packaging: A Market Driver
As consumers become more environmentally conscious, sustainable packaging solutions gain prominence. Machine glazed kraft paper’s renewable and recyclable attributes position it as a driving force in the sustainable packaging market. Brands that prioritize sustainability are inclined to adopt this paper to cater to consumer preferences.
Global Market Expansion: Opportunities and Challenges
The machine glazed kraft paper market is expanding globally, driven by both environmental concerns and regulatory changes. While this expansion presents immense opportunities, it also poses challenges related to sourcing sustainable raw materials, optimizing production processes, and meeting varying market demands.
Innovations in Machine Glazed Kraft Paper
The paper industry continues to innovate, and machine glazed kraft paper is no exception. Researchers and manufacturers are exploring ways to enhance its properties, making it even more versatile and adaptable to a broader range of applications. These innovations are paving the way for new possibilities in packaging and beyond.
Who is Winning?
The manufacturers of machine glazed kraft paper are continuously focusing on innovation. Rising investment in research and development, resulted in the advent of packaging formats that feature odor neutrality and high taint and come with an option of wet-strength for high barrier protection against the effects of oxygen and moisture. Furthermore, machine glazed kraft papers offer a compostable and sustainable functional choice with excellent aesthetic and surface properties, which is enabling growth in the market.
- Mondi Plc,
- Smurfit Kappa Group Plc,
- Nippon Paper Industries Co, Ltd.,
- Stora Enso Oyj.,
- BillerudKorsnäs AB,
- Gascogne Papier SAS,
- Sappi Limited,
- Asia Pulp & Paper (APP) Sinar Mas,
- Heinzel Group, and
- Papelera de Brandia, S.A.
are prominent players in the Machine Glazed Kraft Paper market.
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Global Machine Glazed Kraft Paper Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global machine glazed kraft paper market, analysing historical demand from 2015-2021 and forecast statistics for 2022–2030. The study reveals growth projections on the machine glazed kraft paper market on the basis of basis weight (18 to 30 GSM and above 30 GSM), by grade (unbleached and bleached), by application (bags & pouches, sacks, wraps, labels & release liners, envelopes, coating & lamination, trays, cups & bowls and others (gift wrap etc.)) and by end use (food & beverages, healthcare, electrical & electronics, automotive, personal care & cosmetics, textile, building & construction and household) across seven regions.
Regional Outlook:
Growing Paper Industry in China Boosts Machine Glazed Kraft Paper Market
The rapid growth of the paper industry in China has contributed to the expansion of the machine glazed kraft paper market. China’s paper industry revenues increased by 16.8% year on year, reaching 1.22 trillion Yuan (about $191 billion) during the January to October 2021 period. The sector’s profitability also rose by 22.4%, and paper output grew by 8.4% year on year. China is expected to hold over 43% of the East Asia machine glazed kraft paper market, offering significant potential for manufacturers.
USA Machine Glazed Kraft Paper Industry Continues to Generate Revenue
The USA’s machine glazed kraft paper industry is thriving and projected to dominate the North American market, holding over 80% market share throughout the forecast period. The country is estimated to provide an incremental revenue potential of US$ 545.8 million by 2030, growing by 1.5 times its current value. This sustained revenue generation is indicative of the strong demand for machine glazed kraft paper in the USA.
German Pulp and Paper Industry Growth Drives Machine Glazed Kraft Paper Market
The growth rate of the German pulp and paper industry has a positive impact on the machine glazed kraft paper market. In 2021, the sector witnessed significant increases in production output (+6.3%) and total revenue (+6.8%). Orders placed in the first half of the year soared by 15.8% compared to the previous year. Germany is projected to hold over 29% of the European machine glazed kraft paper market, offering an incremental potential of US$ 305.6 million by 2030, growing by 1.5 times its current value. This growth reflects the strong market opportunities in Germany for machine glazed kraft paper manufacturers
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Machine Glazed Kraft Paper Market By Category
By Basis Weight:
- 18 to 30 GSM
- Above 30 GSM
By Grade:
- Unbleached
- Bleached
Application:
- Bags & Pouches
- Sacks
- Wraps
- Labels & Release Liners
- Envelopes
- Coating 7 Laminations
- Trays, Cups & Bowls
- Others (Gift Wrap etc.)
By End Use Industry:
- Food & Beverages
- Healthcare
- Electrical & Electronics
- Automotive
- Personal care & Cosmetics
- Textile
- Building & Construction
- Household
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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Future Market Insights Inc.
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T: +1-845-579-5705
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