Global Machine Glazed Kraft Paper Market Size, Share, Value, Growth, and Forecast 2030

The global machine-glazed kraft paper market was worth approximately USD 8.67 billion in 2022 and is expected to increase to approximately USD 14.62 billion by 2030, with a compound annual growth rate (CAGR) of approximately 6.75% between 2023 and 2030.

Machine Glazed Kraft Paper Market: Overview

The term "machine glazed kraft paper" (often abbreviated as "MG kraft paper") refers to this type of paper. It has a shiny appearance and is uncoated on one side, while the other side has a rough surface and presents itself as the opposite. These papers give a combination of outstanding shine for printability while simultaneously showing the high tensile strength of typical kraft paper. As a result, they offer dual advantages that are beneficial in their own right. They are highly favored for a wide range of applications in the packaging sector due to the fact that it is generally accepted that they are safe to use for packing food items.

As a result of this, the use of medium-grade kraft paper in the manufacturing industry for the purpose of ensuring the safety of dry food goods like cereals, sugar, and flour is expanding at a breakneck pace. In addition to these advantages, machine-glazed kraft papers have a natural feel and appearance, a higher degree of smoothness, a higher degree of gloss, and they are very safe for the environment. The industry that deals with the manufacturing and distribution of machine-glazed kraft paper, also known as MG kraft paper, is expanding at a rate that is consistent.

Machine Glazed Kraft Paper Market: Growth Drivers

The expansion of shopping bag applications within the textile sector is the primary factor driving market growth.

It is anticipated that the global market for machine-glazed kraft paper would expand as a result of the expanding application of the product in the textile industry in the form of shopping bags. Before a few years ago, a significant number of businesses that were engaged in the retail or clothing-distributing industries made use of one or more types of plastic packaging. However, due to the fact that plastic is incredibly damaging to the environment, local governments have begun a number of programs and initiatives in an effort to get businesses to invest in sustainable and environmentally friendly forms of packaging.

Machine Glazed Kraft Paper Market: Segmentation

The global market for machine-glazed kraft paper is divided into submarkets based on many criteria, including application, weight, grade, and geographic location.

Wraps, bags and pouches, envelopes, labels and release liners, sacks, and other applications make up the different sectors of the global market based on how they are used. The bags and pouches section experienced the strongest growth in 2022, which was driven by expanding product use throughout the textile and personal care sectors. It's possible that raising charges on plastic and lowering consumer demand for packaging solutions with a single use could drive segmental growth. In Ireland, the use of plastic bags has already decreased by 90.1% in recent years.

Machine Glazed Kraft Paper Market: Regional Analysis

During the foreseeable time period, Asia-Pacific will experience the greatest expansion.

It is anticipated that Asia-Pacific will dominate the global market for machine-glazed kraft paper during the duration of the forecast period. This is primarily attributable to the expansion of the paper sector in the area, particularly in China. The paper-making business in the country has seen phenomenal growth, and projections indicate that by the year 2030, it would hold more than 43.15 percent of the market share in the regional area. There is potential for China's economy to expand due to a number of factors, one of which is the rising need for machine-glazed kraft paper in the packaging business. This demand is being pushed by a thriving e-commerce industry and an excellent manufacturing line. In addition, countries and regions including Japan, South Korea, and India are projected to have stronger outcomes led by the food and beverage business.

Machine Glazed Kraft Paper Market: Competitive Analysis

The global machine glazed kraft paper market is led by players like:

BillerudKorsns
Mondi Group
WestRock Company
Smurfit Kappa Group
Verso Corporation
Stora Enso
SCG Packaging Public Company Limited
Sappi Limited
Thai Containers Group Co. Ltd.
DS Smith Plc
KAPSTONE Paper and Packaging Corporation
Nippon Paper Industries Co. Ltd.
Klabin S.A.
Oji Holdings Corporation
Nine Dragons Paper Holdings Limited
International Paper Company
Rengo Co. Ltd.
Mets Board Corporation
UPM-Kymmene Corporation
Holmen AB
Ilim Group
Segezha Group
Emami Paper Mills Ltd.
Heinzel Group
Glatfelter Corporation.

The global machine-glazed kraft paper market is segmented as follows:

By Application

Wraps
Bags Pouches
Envelopes
Labels Release Liners
Sacks
Others
By Weight

Above 30 GSM
18 to 30 GSM
By End-User

Electrical Electronics
Food Beverage
Automotive
Healthcare
Building Construction
Textile
Personal Care Cosmetics
Household
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East Africa
GCC
South Africa
Rest of Middle East Africa