23 Jul, 2026
According to Straits Research, the global kraft paper market size was valued at $19 billion in 2025 and is projected to grow from $19.5 billion in 2026 to $24 billion by 2034, at a CAGR of 2.5% during the forecast period 2026–2034.
There is an increase in the sale of fast-food products such as burgers and pizzas that have led to a surge in demand for kraft paper used in wrapping. The increasing environmental concerns throughout the world have encouraged governments in various countries to invest in the development of such products that are biodegradable and cause less harm to the environment. The regulations imposed on the packaging industry, food and beverages, industrial packaging, pharmaceuticals, and other consumer durable goods are directly raised on the kraft paper market.
COVID-19 has impacted the business world adversely, be it any industry. There is a visible shift in consumer behavior toward safe and reliable products. Manufacturers are developing products that have less risk of contamination to wildlife. Increasing prices of raw materials with trade restrictions imposed by governments across the world are some of the factors that are expected to cause congestions in the supply chain.
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