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Kraft Block Bottom Pouch Market

Kraft Block Bottom Pouch Market By Kraft Paper (White Kraft Paper, Brown Kraft Paper, Black Kraft Paper), Capacity (Up to 2 Oz, 2-4 Oz, 5-10 Oz, above 10 Oz) & Region - Forecast 2022-2032

Market Insights on Kraft Block Bottom Pouch covering sales outlook, demand forecast & up-to-date key trends

Kraft Block Bottom Pouch Market Overview

The kraft block bottom pouch market is likely to record an average CAGR of 4% during the forecast period. The kraft block bottom pouch market is currently valued at US$ 18 Bn and is likely to reach US$ 27.7 Bn by 2032.

Report Attribute

Details

Estimated Base Year Value (2022)

US$ 18 Bn

Anticipated Forecast Value (2032)

US$ 27.7 Bn

Projected Growth Rate (2022-2032)

4% CAGR

Sales of kraft block bottom pouch have risen due to the compact design of the kraft block bottom pouch, thereby making it efficiently possible to be placed on the shelf.

Increased tolerance for plastic use in packaging is also projected to contribute to the growth of the kraft block bottom pouch market share.

The report sheds light on the factors improving the sales of kraft block bottom pouch, and, in turn, the opportunities for market players. However, the kraft block bottom pouch market also faces some challenges, which might limit the kraft block bottom pouch market share from reaching its potential.

Some of the key kraft block bottom pouch market trends promoting the demand for kraft block bottom pouch include the preferred choice for sustainable packaging, since kraft block bottom pouch is made up of compostable material which is not harmful to the environment as compared to its counterparts such as plastic bags.

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What are the Key Dynamics to the Kraft Block Bottom Pouch Market Share?

The rising awareness among people against the use of plastic-based packaging and inclining more towards the use of sustainable and eco-friendly packaging products is expected to drive the sales of kraft block bottom pouch.

Nowadays, the kraft block bottom pouch is highly used in groceries to fill cereals, pulses, and other products, bakeries, confectionery, and at various shops due to their flexibility in sizes.

The kraft block bottom pouch is available in multiple sizes and capacity ranging from 4 ounces to 16 ounces and can be custom made as per the requirement of the user.

These factors are expected to drive the global kraft block bottom pouch market during the forecast period.

Also, the kraft block bottom pouch can be placed on the shelf and offers excellent printability. It helps vendors in branding and promotion at the point of sale.

Also, the major advantage of these kraft block bottom pouches is that they can be squared up in the form of boxes for secure handling. These factors are expected to fuel the demand for kraft block bottom pouch during the next ten years.

Ismail Sutaria
Principal Consultant
LinkedIn
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Which Region holds the Highest Growth Potential in the Kraft Block Bottom Pouch Market?

The European region is expected to fuel the demand for the kraft block bottom pouch during the forecast period owing to the stringent regulations against the use of plastic pouches and bags.

In various countries of Europe such as Germany, Italy, Spain, the U.K., France, and among others, the use of plastic-based packaging is taxable, i.e., consumers must have to pay if they demand bags. These factors are anticipated to push the demand for the kraft block bottom pouch in the region.

In China, India, Thailand, and Malaysia, the government has imposed a tax on the use of plastic as well as paper bags, and in some parts of India and Thailand, the use of plastic bags is strictly prohibited.

These factors are probably fueling the demand for global sales of kraft block bottom pouch during the next decade.

How is the Competitive Landscape in the Kraft Block Bottom Pouch Market?

The key players of the kraft block bottom pouch market is focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use as packaging solutions to thrive business. This is driving the sales of kraft block bottom pouch.  

Some of the key participating players indulged in the sales of kraft block bottom pouch are:

  • Mondi USA, Inc.
  • PBFY Flexible Packaging
  • Paper Bag Co.
  • Swiss Pac USA
  • TricorBraun Inc.
  • International Plastics, Inc.
  • BagInCo International
  • BillerudKorsnäs AB
  • H-PACK Packaging UK Ltd.
  • Mohit Paper Packaging Industry

These markets players are anticipated to drive the kraft block bottom pouch market by introducing new products and expanding geographically.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 4% from 2022 to 2032

Base year for estimation

2022

Historical data

2015 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Kraft Paper, Capacity, End Use, Region

Regional scope

North America; Latin America; Europe; Middle East and; Africa (MEA); East Asia; South Asia; Oceania

Country scope

U.S., Canada, Mexico, Brazil, Argentina, Chile, Peru, Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe, India, Thailand, Indonesia, Malaysia, Rest of South Asia, China, Japan, South Korea, Australia & New Zealand, GCC Countries, South Africa, Turkey, Iran, Israel

Key companies profiled

Mondi USA Inc., PBFY Flexible Packaging, Paper Bag Co., Swiss Pac USA, TricorBraun Inc., International Plastics Inc., BagInCo International, BillerudKorsnäs AB, H-PACK Packaging UK Ltd., Mohit Paper Packaging Industry

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The kraft block bottom pouch market grows at a rate of 4% CAGR during the forecast period 2022 to 2032.

Key players holding a substantial kraft block bottom pouch market share include Mondi USA Inc., PBFY Flexible Packaging, Paper Bag Co., Swiss Pac USA, TricorBraun Inc., International Plastics Inc., BagInCo International, BillerudKorsnäs AB, H-PACK Packaging UK Ltd., Mohit Paper Packaging Industry.

Demand for kraft block bottom pouch is likely to rise on the back of increased tolerance for plastic use in packaging.

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Ismail Sutaria
Principal Consultant
LinkedIn
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Kraft Block Bottom Pouch Market