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SCK Paper Market

Market Insights on SCK Paper covering sales outlook, demand forecast & up-to-date key trends

SCK Paper Market By Application (Labelling, Food Packaging, Art & Craft, Printing), Weight (<40 gsm, 40 gsm - 80 gsm, 80 gsm - 120 gms, >120 gsm), Sales Channel (Supermarkets/Hypermarkets, Specialty/Departmental Stores, Online, Distributors) & Region - Forecast 2022-2032

SCK Paper Market Overview

The global SCK paper market size is expected to reach US$ 3.5 Billion in 2022 and US$ 6.9 Billion in 2032. It is anticipated to exhibit growth at a CAGR of 5.1% in the forecast period from 2022 to 2032. The high printability, extensibility, durability, and porosity of these papers, as compared to plastic, is anticipated to boost the sales of SCK papers in future years.

Report Attribute

Details

SCK Paper Market Estimated Base Year Value (2021)

US$ 2.8 Billion

SCK Paper Market Expected Market Value (2022)

US$ 3.5 Billion

SCK Paper Market Anticipated Forecast Value (2032)

US$ 6.9 Billion

SCK Paper Market Projected Growth Rate (2022-2032)

5.1% CAGR

SCK papers are made by the continuously drying and pressing method, followed by supercalendering to deliver a glossy and smooth surface. These are extensively used in a wide range of industries, such as art and craft, food and beverage, and packaging industries.

These papers are specially designed for packing numerous products and storing powdery materials, including animal feed, flour, and cement. The rising demand for biodegradable packaging backed by the increasing concerns regarding the environment is anticipated to bode well for the global market.

White sack kraft paper is expected to gain impetus in the market owing to its several properties. This type of paper enables halftone printing and is capable of improving the overall printing appearance, as compared to brown sack kraft paper.

Which are Some Prominent Drivers Spearheading SCK Paper Market Growth?

The increasing demand for SCK papers in the food and beverage industry for labeling purposes is likely to augment the growth in the global market. These papers have excellent marking, labeling, and printing capabilities. The rising awareness among governments and environmentalists regarding various hazards of using plastic is compelling them to shift towards eco-friendly alternatives. This factor is also expected to propel the growth in this market.

In addition to that, the surging expansion of the construction industry and the increasing number of infrastructure projects are estimated to accelerate the demand for SCK papers. The rising acceptance of biodegradable packaging to eliminate plastics is another vital factor that is likely to drive the market.

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What are the Challenges Faced by the SCK Paper Industry?

The lack of initiatives undertaken by governments, especially in underdeveloped countries to educate the masses about the benefits of using SCK paper may hamper the growth in future years. Besides, the easy availability of alternative packaging solutions, such as plastic materials, bulk bags, and flexible IBCs is projected to hinder the sales of SCK papers.

Why is Europe Emerging as an Opportunistic SCK Paper Market?

Europe is likely to remain at the forefront by procuring the largest SCK paper market share in the evaluation period. This growth is attributable to the rapid expansion of the e-commerce sector in the U.K., Germany, and Italy. Many companies are striving to reduce their total packaging expenditure by using this type of paper to pack multiple goods.

The rising usage of this type of paper to pack pet food in Europe is another significant factor that is likely to drive the market. Many companies in this region are also focusing on broadening their manufacturing capacities to enhance their business opportunity.

How is North America Contributing to Growth of the SCK Paper Market?

The ongoing premiumization of kraft packaging owing to the rising number of e-commerce platforms in the U.S. and Canada is a major factor that is set to fuel the North America SCK paper market growth in the assessment period. The demand for kraft material that can take high-quality graphics on very short print runs is rising at a fast pace in this region.

The implementation of stringent norms by governments of developed countries to ban the usage of plastic is another factor that is estimated to augur well for the regional market. Also, increasing advancements in wrapping and packaging applications, as well as the ongoing evolution of the packaging sector would influence growth in North America.

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.

The global market is relatively fragmented with the presence of a large number of key players. Majority of these key players are focusing on cutting out co-packers in the market. Meanwhile, a few other companies are aiming to gain access to cost-effective raw material and expand their distribution channel to gain a competitive edge in the global market. Many packaging companies are also acquiring small-scale raw material suppliers to broaden their product line and generate more shares.

Scope od Report

Report Attribute

Details

Growth Rate

CAGR of 5.1% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Weight
  • Sales Channel
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Kruger Inc.
  • Laufenberg GmbH
  • Ahlstrom-Munksjö
  • Stora Enso
  • Cheever Specialty Paper & Film
  • Karani Papers
  • Fox River Associates, LLC
  • Technicote
  • UPM
  • Preksha Papers

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Available Upon Request

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

Frequently Asked Questions

The global SCK paper market is anticipated to exceed US$ 6.9 Billion in 2032.

Europe is likely to lead the SCK paper market in the forecast period.

Kruger Inc., Laufenberg GmbH, Ahlstrom-Munksjö, Stora Enso, Cheever Specialty Paper & Film, Karani Papers, and Fox River Associates, LLC are some of the renowned companies in the SCK paper market.

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Ismail Sutaria
Principal Consultant
LinkedIn
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