Anticipated in the forecast period spanning from 2022 to 2032, the global SCK paper market is projected to witness substantial expansion, with estimates reaching US$ 3.5 billion in 2022 and a remarkable US$ 6.9 billion by 2032, driven by a steady Compound Annual Growth Rate (CAGR) of 5.1%.
Europe is positioned to maintain its leading role in the SCK (Solid Coated Kraft) paper market share during the evaluation period. This growth is driven by the rapid expansion of the e-commerce sector in key European countries such as the U.K., Germany, and Italy. Many companies are turning to SCK paper to optimize packaging costs by efficiently packaging multiple goods.
Another significant factor contributing to the demand for SCK paper in Europe is its use in pet food packaging. Several companies in the region are expanding their manufacturing capacities to seize business opportunities and meet the increasing need for such packaging materials.
In North America, particularly in the U.S. and Canada, the premiumization of kraft packaging is on the rise, driven by the growing number of e-commerce platforms. The demand for kraft material capable of accommodating high-quality graphics on short print runs is increasing in the region.
Stringent government regulations to ban plastic usage in developed countries further bolster the North America SCK paper market. Advancements in wrapping and packaging applications, coupled with ongoing developments in the packaging sector, are expected to drive growth in this region.
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Europe Emerging as an Opportunistic SCK Paper Market
During the evaluation period, Europe is poised to maintain its leading position, securing the lion’s share of the SCK paper market. This dominance can be credited to the swift expansion of the e-commerce industry in countries such as the U.K., Germany, and Italy. A growing number of businesses are adopting SCK paper to optimize packaging costs and efficiently bundle multiple products.
Market Competition
Some of the leading manufacturers of SCK paper are
- Kruger Inc.,
- Laufenberg GmbH,
- Ahlstrom-Munksjö,
- Stora Enso,
- Cheever Specialty Paper & Film,
- Karani Papers,
- Fox River Associates, LLC,
- Technicote,
- UPM, and
- Preksha Papers
- among others.
Some Prominent Drivers Spearheading SCK Paper Market Growth
- E-commerce Expansion: The rapid growth of the e-commerce sector in Europe and North America is a major driver for the SCK paper market. As companies seek cost-effective and eco-friendly packaging solutions, SCK paper is increasingly used for packaging multiple goods.
- Pet Food Packaging: The rising use of SCK paper for pet food packaging in Europe contributes significantly to market growth. This type of paper is valued for its ability to protect and preserve pet food products.
- Premiumization of Kraft Packaging: In North America, the premiumization of kraft packaging is driven by the increasing number of e-commerce platforms. SCK paper is chosen for its ability to display high-quality graphics on short print runs.
- Stringent Regulations on Plastic: Government regulations in developed countries, aimed at reducing plastic usage, are propelling the adoption of eco-friendly alternatives like SCK paper.
- Advancements in Wrapping and Packaging: Ongoing innovations in wrapping and packaging applications are stimulating demand for SCK paper, especially in North America, as businesses seek efficient and attractive packaging solutions.
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Key Segments Profiled in the SCK Paper Industry Survey
By Weight:
- <40 gsm
- 40 gsm – 80 gsm
- 80 gsm – 120 gms
- >120 gsm
By Sales Channel:
- Supermarkets/Hypermarkets
- Specialty/Departmental Stores
- Online
- Distributors
By Application:
- Labeling
- Food Packaging
- Art & Craft
- Printing
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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