How big is the Sack Kraft Paper Market?

The Sack Kraft Paper Market size is expected to reach USD 12.07 billion in 2024 and grow at a CAGR of 3.82% to reach USD 14.57 billion by 2029. Read More

What is the current Sack Kraft Paper Market size?

In 2024, the Sack Kraft Paper Market size is expected to reach USD 12.07 billion. Read More

Who are the key players in Sack Kraft Paper Market?

Mondi PLC, International Paper Company, KapStone Paper and Packaging Corporation, Canfor Corporation and Gascogne Group are the major companies operating in the Sack Kraft Paper Market. Read More

Which is the fastest growing region in Sack Kraft Paper Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Sack Kraft Paper Market?

In 2024, the Europe accounts for the largest market share in Sack Kraft Paper Market. Read More

What years does this Sack Kraft Paper Market cover, and what was the market size in 2023?

In 2023, the Sack Kraft Paper Market size was estimated at USD 11.63 billion. The report covers the Sack Kraft Paper Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sack Kraft Paper Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Sack Kraft Paper Market Report | Industry Analysis, Size & Forecast

Kraft Paper Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Sack Kraft Paper Market Size & Share. The Market is Segmented by Packing Type (Valve Sacks, Open Mouth Sacks), Grade (Kraft, Semi-extensible, Extensible), End-user Vertical (Food, Chemical, Building Material, and Cement), and Geography. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Sack Kraft Paper Industry Overview

The sack kraft paper market is relatively fragmented, with a large volume of players, including Mondi, Nordic Paper, and Segezha, among others, which can cut out co-packers in the market. Further, the players' distribution channels and raw materials impact the regional market competition. Vertical integration, which means raw material suppliers acquired by converters/packaging companies, has been a trend for the past couple of years.

August 2022: French paper and sacks manufacturer Gascogne signed a syndicated loan contract worth EUR 126.8 million (USD 126.4 million) with a banking pool and an agreement worth EUR 50 million (USD 49.8 million) with the European Investment Bank (EIB) to finance its Capital Expenditure program for the 2022-2026 period.

The investment program mainly includes the installation of a new paper machine at the company's Mimizan mill in Southern France. Gascogne said that it entered into exclusive negotiations with a paper machine manufacturer to finalize the purchase agreement before the end of the year. The company intends to invest a total of EUR 300 million (USD 299.1 million) in 2022-2026. To finance the investment program, it has set up a financing plan which includes the investment loans mentioned above and a future increase in capital of at least EUR 10 million (USD 9.9 million), amongst others.

According to Gascogne, the installation of the paper machine, including the building and the technical environment, will cost EUR 220 million (USD 219.4 million). In addition, the reinforcement of the existing industrial assets will be pursued for EUR 80 million (USD 79.7 million).