Kraft Pouch Market share is expected to reach US$ 1.69 Billion in 2032

Kraft Pouch MarketIn 2032, the global kraft pouch market is anticipated to be worth $1.69 billion USD. The elimination of plastic usage for a more sustainable environment is expected to drive future demand for kraft pouches. According to FMI, the worldwide kraft pouch market was worth US$ 1.26 billion in 2022 and is expected to increase at a CAGR of 3% from 2022 to 2032.

Kraft pouch can be a single-layered flat pouch or a multi-layered stand-up pouch which can be used for high barrier packaging solutions. These kraft pouches are made puncture-resistant, heat-sealable, moisture-proof, and leak proof. Inclination of consumer’s preference towards paper-based flexible packaging solutions is expected to boost the kraft pouch market growth during the next ten years.

Key manufacturers are replacing their plastic-based packaging solutions with the paper-based packaging and adding value to their sustainability actions. Kraft pouch offers high strength and increase material handling capacity throughout the supply chain, and finds application in various end user industries.

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The changing consumption scenario of the food & beverage industry is anticipated to expand the foothold of global kraft pouch market. Some of the manufacturers are also providing kraft pouch made up of recyclable kraft paper, which adds a significant value to sustainable packaging solutions.

Kraft Pouch Market: Dynamics

Kraft pouch market is anticipated to register high growth during the forecast period, owing to elimination of usage of plastic pouches. The kraft pouch market outlook is expected to be positive during the forecast period, owing to preference for more sustainable products.

The kraft pouch are available in slider zipper, window form, and other formats. Machine glazed bleached and unbleached form provides enhanced printability. These bags are also available in gusseted styles and are made in compliance with food contact paper material regulations.

Government regulations regarding food contact materials and ban on plastic-based packaging is expected to create lucrative opportunities for kraft pouch market. Stand-up pouches convenient for consumer goods, medical components, and other products, which is expected to boost the kraft pouch market.

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Some of the key manufacturers operating in the kraft pouch market are Detmold Group, Mondi Plc, International Plastics Inc., and TedPack Company Limited. Companies are offering customized paper packaging solutions, for instance, Mondi Plc launched new patented paper and barrier solution for food packaging.

Global Kraft Pouch Market: Segmentation

The Kraft Pouch market is classified on the basis of product type, grade type, finish type, basis weight, and end use

On the basis of product type, the global kraft pouch market is segmented as follows

  • Flat pouches
  • Stand-up pouches

On the basis of grade type, the global kraft pouch market is segmented as follows

  • Bleached
  • Unbleached

On the basis of finish type, the global kraft pouch market is segmented as follows

  • Glazed
  • Finished

On the basis of basis weight, the global kraft pouch market is segmented as follows

  • <30 gsm
  • 30-90 gsm
  • 91-120 gsm
  • 121-200 gsm
  • >200 gsm

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On the basis of end use, the global kraft pouch market is segmented as follows

  • Food & Beverages
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Electronics & Electricals
  • Other Consumer Goods

About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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