“Kraft liner industry market size was projected at more than USD 35 bn in 2019 “, says Visiongain
15 October 2019
Visiongain’s new report the Kraft liner Market Report 2020-2030: Forecasts by Density (Below 125, 125 - 250, Above 250), By Application (Food & Beverage Packaging, Industrial Packaging, Luxury Packaging, and Heavy Duty Packaging), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry.
Over the prediction era, the worldwide Kraft liner industry market size was projected at more than USD 35 billion in 2019 and projected to record a CAGR of 6.0%. Growth is anticipated to fuel development in the product industry, such as import and export, meat and drink, design, electrical and equipment, and production.
Due to the thriving online shopping sector, e-commerce represented the biggest implementation category for metal boxes, containers and plates. Increasing request for plastic packaging produced from kraft liner is anticipated to push the industry over the forecast period for electronic appliances, glass objects and meat products purchased internet.
Old corrugated containers (OCC) and virgin fabrics are the raw materials used to produce kraft liners. These natural products are blended in an 80% OCC and 20% naked fabrics proportion. Kraft liners have traditionally been produced with virgin fabrics; however, increasing demand for low-cost and environmentally friendly products has resulted in recycled materials being used.
In the final product, OCC dominates the structure, thus affecting its performance concentrations. OCC is used to minimize the general price of manufacturing and provide the final product with power. Thus, the procurement of inferior quality OCC performs a vital part in the value chain of the item, particularly through a single stream channel.
Unstable raw material rates have led to cost fluctuations for kraft liners, thus influencing producers ' revenue margins. Kraft liners involve multiple procedures to generate a range of GSM grades that result in greater price of manufacturing. Major participants in the sector are involved in mass production, thus lowering general production costs.
The unfinished retrieval of ancient corrugated containers can be ascribed to the performance and accessibility of products. Due to the remote location of the OCC sources and insufficient storage conditions to maintain the quality of the materials, the recovery remains unfulfilled and is expected to hamper the growth of the kraft liner market over the forecast period.
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Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
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