DUBLIN, Sept. 16, 2021 /PRNewswire/ -- The "Global Sack Paper Market Insights & Forecast 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The global sack paper market is expected to record a value of US$38.32 billion in 2025, rising at a CAGR of 4.4% over the period spanning 2021-2025.
Factors such as the expansion of the biodegradable packaging industry, growth in grocery retail sales, upsurge in courier services, accelerating demand for agricultural fertilizer, rapid urbanization and growing public awareness about the hazards of single-use plastic bags would drive the growth of the market.
However, the market growth would be challenged by rising focus on bioplastics and stringent regulations regarding deforestation. A few notable trends may include escalating penetration of ecommerce, rising demand for market pulp and growing use of multiwall bags in various end industries.
Sack paper is classified into brown (natural) paper and white (bleached) paper according to the product grade. Brown sack paper has been dominating the global market over recent years, due to its vast applications across construction industry, food industry and chemical industry, primarily for its high tensile property. Further, white sack paper is also holding a significant share in the global market due to its high stiffness, high porosity and excellent printability features.
The fastest growing regional market was Asia Pacific, owing to the rising replacement rate of plastic bags with biodegradable options. Growth in government initiatives for eco-friendly packaging of products is also expected to propel the market in the region.
Further, the outbreak of the COVID-19 pandemic has caused adverse disruption across various industries, impacting the production and consumption of sack paper, which eventually led to its market decline in 2020.
The competitive landscape of the market, along with the company profiles of leading players (WestRock, Mondi, Canfor Corporation, BillerudKorsnas, GK Segezha PAO, Nordic Paper) are also presented in detail.
Key Target Audience
- Sack Paper Manufacturer
- Paper & Pulp Producers
- Supply Chain Partners
- End Users (Retail, Ecommerce, Construction, Agriculture, Chemicals and Others)
- Consulting Firms
- Investment Banks
- Government Bodies & Regulating Authorities
Key Topics Covered:
1. Market Overview1.1 Introduction1.2 Sack Paper by Grades1.3 Types of Sack Paper1.4 Advantages of Sack Paper1.5 Recycling Process of Kraft Paper 2. COVID-19 Impact2.1 Negative Impact on Retail Industry2.2 Decline in Construction Output2.3 Effect on Quick Service Restaurants (QSR) Industry 3. Global Bioprocessing Market3.1 Global Sack Paper Market by Value3.2 Global Sack Paper Market Forecast by Value3.3 Global Sack Paper Market by Grade3.3.1 Global Brown Sack Paper Market by Value3.3.2 Global Brown Sack Paper Market Forecast by Value3.3.3 Global White Sack Paper Market by Value3.3.4 Global White Sack Paper Market Forecast by Value3.4 Global Sack Paper Market by Region 4. Single-use Bioprocessing Regional Market4.1 Asia Pacific4.1.1 Asia Pacific Sack Paper Market by Value4.1.2 Asia Pacific Sack Paper Market Forecast by Value4.2 Europe4.3 North America4.4 Middle East & Africa4.5 South America 5. Market Dynamics5.1 Growth Drivers5.1.1 Expansion of Biodegradable Packaging Industry5.1.2 Growth in Grocery Retail Sales5.1.3 Upsurge in Courier Services5.1.4 Accelerating Demand for Agricultural Fertilizer5.1.5 Growing Urbanization5.1.6 Growing Public Awareness About the Hazards of Single-use Plastic Bags5.2 Key Trends and Developments5.2.1 Escalating Penetration of Ecommerce5.2.1 Rising Demand for Market Pulp5.2.3 Growing Use of Multiwall Bags in Various End Industries5.3 Challenges5.3.1 Rising Focus on Bioplastics5.3.2 Stringent Regulations Regarding Deforestation 6. Competitive Landscape6.1 Global Market6.1.1 Key Players - Revenue Comparison6.1.2 Key Players - Market Capitalization Comparison6.1.3 Global Sack Paper Production Capacity by Company 7. Company Profiles7.1 Business Overview7.2 Financial Overview7.3 Business Strategies
- Canfor Corporation
- GK Segezha PAO
- Nordic Paper
For more information about this report visit https://www.researchandmarkets.com/r/thpfta
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