Get the latest insights on price movement and trend analysis of Kraft Paper in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Kraft Pulp rose to 5,380 CNY/T on June 9, 2025, up 2.32% from the previous day. Over the past month, Kraft Pulp's price has risen 5.37%, but it is still 9.70% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Kraft Pulp.

In the fourth quarter of 2023, the price of unbleached kraft paper in the United States reached 135 USD/MT by December. Similarly, the unbleached kraft paper prices in China hit 209 USD/MT in the same month. Whereas, Germany witnessed unbleached kraft paper prices reaching 114 USD/MT during Q4 2023.

The U.S. Kraft Paper market featured a modest downtick, despite the stable feedstock prices with minor fluctuations in the first quarter of 2025. The new elected U.S. administration brought delicate changes in tariff resulting imbalance between cost management and shifting market dynamics. Low demand from consumer-made producers to increase the Kraft Paper prices, this strategy was made to meet the profit margin. Even after low no significant disruptions were reported, production levels have remained.

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Unbleached Kraft Packaging and Industrial Converting Paperboard (WPU09141107) from Dec 1999 to Apr 2025 about paperboard, paper, commodities, PPI, industry, inflation, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Unbleached Kraft Paper in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Global Kraft Paper market size is expected to reach $22.58 billion by 2029 at 4.9%, segmented as by type, virgin natural kraft paper, natural recycled kraft paper, black kraft paper, colored kraft paper, white or bleached kraft paper

Global kraft paper market to grow at 2.4% CAGR, reaching US$ 21.2 Bn by 2033 from US$ 16.8 Bn in 2024, driven by e-commerce industry expansion

Access Asia Pacific Kraft Paper Industry Overview which includes Asia Pacific country analysis of (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC), market split by Type, End-User, Grade Type, Packaging Form

Kraft Pulp stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Kraft Paper Market Size And Forecast

Kraft Paper Market size was value at USD 11.95 Billion in 2024 and is projected to reach USD 27.75 Billion by 2031, growing at a CAGR of 11.10% from 2024 to 2031.

Kraft Paper Market Drivers

Growing packaging industry: The expansion of the packaging industry, driven by factors such as urbanization, economic growth, and rising consumer demand, is increasing the demand for kraft paper.

Increasing demand for sustainable packaging: The growing focus on sustainability and environmental responsibility is driving the demand for kraft paper, which is a biodegradable and renewable resource.

Advancements in kraft paper technology: The development of new kraft paper grades and production processes is expanding its applications and improving its performance.

Kraft Paper Market Restraints

Competition from other packaging materials: Kraft paper competes with other packaging materials, such as plastic films and cardboard, which may limit its market share.

Price fluctuations: The price of kraft paper can be influenced by factors such as the cost of pulp, energy, and transportation.

The global kraft paper market share is estimated to gain a revenue of US$ 16.8 billion in 2024. Our paper domain experts opine that kraft paper providers can expect a consistent CAGR of 2.4% through 2034, with a forecast valuation of US$ 21.2 billion by 2034.

Attributes	Details
Kraft Paper Market Size, 2023	US$ 16.4 billion
Kraft Paper Market Size, 2024	US$ 16.8 billion
Kraft Paper Market Size, 2034	US$ 21.2 billion
Value CAGR (2024 to 2034)	2.4%

Historical Growth of the Kraft Paper Market Vs. Forecast Outlook

Attributes	Details
Kraft Paper Market Size (2019)	US$ 15.3 billion
Kraft Paper Market Size (2023)	US$ 16.4 billion

Category-wise Insights

Leading End Use	Food and Beverages
Market Share % (2024)	26.7%

Leading Product Type	Specialty Kraft Paper
Market Share % (2024)	82.5%

Country-wise Insights

Country	Canada
Forecast CAGR % (2024 to 2034)	3.3%

Country	The United Kingdom
Forecast CAGR % (2024 to 2034)	3.6%

Country	China
Forecast CAGR % (2024 to 2034)	5.4%

Country	India
Forecast CAGR % (2024 to 2034)	5.9%

Country	Thailand
Forecast CAGR % (2024 to 2034)	4.8%

Scope of Kraft Paper Market Report

Attribute	Details
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2024
Market Analysis	Units for Volume and US$ million for Value
Key Regions Covered	North America, Latin America, Europe, Asia Pacific Except Japan, Japan, and the Middle East and Africa
Key Countries Covered	The United States, Canada, Brazil, Mexico, Germany, the United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
Key Market Segments Covered	Product Application End Use Region
Key Companies Profiled	WestRock Company Mondi Group Plc. Canfor Corporation Natron-Hayat d.o.o. International Paper Company DS Smith Plc.

In 2024, the Sri Lankan sack kraft paper market increased by 62% to $23M for the first time since 2021, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.5% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $23M in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.

According to Cognitive Market Research, The Global Kraft Papers market size will be USD 16.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.50% from 2023 to 2030.

The consistent increase in market revenue can be attributed to the growing need from different end-use sectors for recyclable and sustainable packaging materials.
Demand for unbleached kraft paper remains higher in the kraft paper market.
The corrugated sheets category held the highest kraft papers market revenue share in 2023.

Innovations in Kraft Paper and Utilization of Same in Industries will Rise Demand in Kraft Papers Market

The market for kraft paper is vibrant because of the rapid growth in the packaging industry. Because white kraft paper can match client expectations for strength, flexibility, and barrier protection, it is frequently utilized in the packaging industry for a variety of applications. For manufacturers of kraft paper, the rising demand for biodegradable and ecologically friendly packaging presents a fantastic opportunity.

The market for biodegradable packaging is expanding. By 2020, biodegradable plastic packaging will have a market value of around 2.8 billion US dollars worldwide. It is expected to increase to around nine billion dollars by 2026.

In industrial contexts, white kraft paper has shown to be an economical and very useful material for making sturdy corrugated boxes and bags. Additionally, white kraft paper specialty packaging is very popular. White kraft paper is used in the printing and publishing sector to create brochures, pamphlets, newspapers, and magazines. Because the highly porous extensible bag kraft paper permits adequate sack deaeration during packaging, it does away with the need for the perforation process.

Expanding E-Commerce Sector to Expand Global Kraft Papers Market Size

The growing tendency to buy products through online stores has caused kraft packaging to become more expensive. Strong and dependable packaging materials are in high demand as more people embrace online purchasing. Therefore, because e-commerce is so widely used, major businesses should have plenty of room to grow.

With more than five billion people using the internet worldwide, more and more people are transacting online as a result of the rapid growth of internet availability and usage. Global retail e-commerce sales are expected to exceed 5.7 trillion USD in 2022, and in the years to come, this figure is expected to increase to previously unheard-of proportions.

Kraft paper is a great option for protecting items during transit because of its inherent strength and durability. There is a significant need for safe packaging that can endure the rigors of transportation due to the increase in the shipment of priceless and fragile goods across international borders. The ability of Kraft paper to withstand tears and provide cushioning makes it a useful material for protecting goods from harm during transportation.

Market Dynamics of the Kraft Paper

Volatility of Raw Material to Hinder Market Growth

One of the biggest things holding back the kraft paper market has been the price swings of the raw ingredients required in its manufacturing. The cost of energy, wood pulp, and other basic resources has changed throughout time, making it challenging for manufacturers to keep their manufacturing costs steady. Since wood pulp is the primary raw material used to create kraft paper, any significant changes in its price may have an impact on the cost of manufacturing and, ultimately, the final price of the paper. Papermaking is an energy-intensive process. Growing manufacturing costs for kraft paper could make it more difficult for the company to compete in the market. A glut of goods on the market could lead to downward pricing pressure and reduced profit margins for manufacturers.

Impact of COVID–19 on the Kraft Papers Market

The COVID-19 pandemic has negatively impacted the market and hindered kraft paper manufacturing, supply, and demand. Many governments throughout the world have implemented tight curfews to keep people indoors as the COVID-19 virus spreads. The lockdown reduced staffing, shuttered factories, and impacted the output of kraft paper. Sales of kraft paper decreased as a result of disturbances in the supply chain and the closing of specialized shops and other merchants. The need for kraft paper in the food packaging industry...

The Thai sack kraft paper market soared to $82M in 2024, rising by 19% against the previous year. In general, consumption showed a resilient increase. As a result, consumption attained the peak level of $99M. From 2023 to 2024, the growth of the market failed to regain momentum.

In fiscal year 2024, the Wholesale Price Index (WPI) for pulp, paper, and paperboard was nearly 147.6. This means that the prices for this commodity increased by over 42 percent from the base year of 2012.

Kraft Interleaving Paper Market Outlook

The global Kraft interleaving paper market size was valued at USD 2.1 billion in 2023, and it is projected to reach USD 3.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period. The primary growth factors driving this market include the increasing demand for sustainable and eco-friendly packaging solutions, a surge in e-commerce activities leading to higher packaging requirements, and the rising preference for Kraft paper due to its durability and recyclability.

The growth of the Kraft interleaving paper market is significantly boosted by the increasing consumer awareness regarding environmental sustainability. As global consumers and companies become more conscientious about their environmental footprint, there has been a marked shift from plastic-based to paper-based packaging solutions. Kraft interleaving paper, known for its biodegradability and recyclability, is gaining traction as a preferred material. The trend towards sustainable packaging is particularly pronounced in the food and beverage industry, where companies are striving to meet regulatory requirements and consumer preferences for environmentally responsible packaging.

Another major growth driver for the Kraft interleaving paper market is the rapid expansion of the e-commerce sector. With the rise in online shopping, there is an increased need for packaging materials that provide both protection and sustainability. Kraft interleaving paper offers excellent protective qualities, ensuring that products remain undamaged during transit. The robust nature of Kraft paper, combined with its ability to be reused and recycled, makes it an attractive option for e-commerce businesses looking to minimize their operational costs while adhering to sustainability goals.

The industrial and consumer goods sectors are also contributing to the marketÂ’s growth. In industries such as electronics and automotive, Kraft interleaving paper is extensively used for protective wrapping and interleaving between products. Its strength and resilience make it ideal for safeguarding delicate components against scratches and damage during handling and transportation. Additionally, the consumer goods packaging segment is witnessing a rise in demand for Kraft interleaving paper as manufacturers and retailers seek to enhance their packaging's aesthetic appeal while maintaining a focus on sustainability.

Kraftliner, a type of paperboard, is widely recognized for its strength and durability, making it an essential component in the packaging industry. As the demand for robust packaging solutions increases, particularly in the e-commerce and industrial sectors, Kraftliner stands out due to its superior quality and ability to withstand heavy loads. Its production involves a combination of virgin and recycled fibers, which not only enhances its strength but also contributes to sustainability efforts. The growing emphasis on eco-friendly packaging solutions has further propelled the demand for Kraftliner, as it aligns with the global shift towards reducing environmental impact. This trend is particularly evident in regions with stringent environmental regulations, where Kraftliner is increasingly being adopted as a preferred material for packaging applications.

Regionally, Asia Pacific is expected to dominate the Kraft interleaving paper market during the forecast period, driven by robust industrialization, rapid urbanization, and the growing e-commerce sector in countries like China and India. North America and Europe are also significant markets, fueled by strong environmental regulations and high consumer demand for sustainable packaging solutions. Latin America and the Middle East & Africa are emerging markets, with increasing investments in the packaging industry and a gradual shift towards eco-friendly materials.

Product Type Analysis

In the Kraft interleaving paper market, product type is segmented into bleached Kraft interleaving paper and unbleached Kraft interleaving paper. Bleached Kraft interleaving paper, recognized for its enhanced whiteness and aesthetic appeal, is primarily used in consumer goods packaging and certain food packaging applications. Its visually appealing quality makes it favorable for premium products where the packagingÂ’s appearance can significantly impact consumer choices. Moreover, bleached Kraft paper is often preferred in applications requiring a clean and sanitary appearance, such as in

India WPI: Avg: Mfg: PP: Paper and Pulp: Kraft Paper data was reported at 205.700 1993-1994=100 in Aug 2010. This stayed constant from the previous number of 205.700 1993-1994=100 for Jul 2010. India WPI: Avg: Mfg: PP: Paper and Pulp: Kraft Paper data is updated monthly, averaging 148.000 1993-1994=100 from Apr 1994 (Median) to Aug 2010, with 197 observations. The data reached an all-time high of 206.800 1993-1994=100 in Dec 2008 and a record low of 104.700 1993-1994=100 in Apr 1994. India WPI: Avg: Mfg: PP: Paper and Pulp: Kraft Paper data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH117: Wholesale Price Index: 1993-94=100: Period Average: Manufactured Products: Paper and Paper Products . Rebased from 1993-94=100 to 2004-05=100. Replacement series ID: 241313802

Get the latest insights on price movement and trend analysis of Northern Bleached Softwood Kraft (NBSK) Pulp in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Report Features	Details
Product Name	Northern Bleached Softwood Kraft (NBSK) Pulp
Industrial Uses	Used for producing various paper products like printing and writing paper, speciality grades, and many tissue products.
Chemical Formula	(C6H10O5)n
CAS Number	65996-61-4
Synonyms	Cellulose (pulp), Bleached Kraft Pulp (Cellulose)
HS Code	47032900
Supplier Database	West Fraser, UPM Pulp, Canfor Pulp, Paper Excellence Canada, METSA FIBRE, Domtar Corporation, Resolute Forest Products, Sodra, Mercer
Region/Countries Covered	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

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Bleached Kraft Pulp Market Size 2024-2028

The bleached kraft pulp market size is forecast to increase by USD 11.63 billion at a CAGR of 4.52% between 2023 and 2028.

The market is experiencing significant growth due to increasing demand for sustainable packaging solutions and forestry management practices. This trend is particularly noticeable In the production of tissue paper and toilet paper. However, the rising use of electronic alternatives is posing a challenge to market growth. 
Companies in this market are focusing on sustainable forestry and plantation management to meet the increasing demand for eco-friendly products. Despite this, the market faces hindrances due to the shift towards digital alternatives, which may reduce the demand for paper-based products. Overall, the market is expected to witness moderate growth In the coming years, driven by the demand for packaging and forestry management practices.

What will be the Size of the Bleached Kraft Pulp Market during the forecast period?

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Additionally, the market is influenced by environmental programs and consumer preferences for sustainable packaging, leading to the growth of totally chlorine free (TCF) and sulphite bleaching technologies. Bleached kraft pulp is also used in the production of non-packaging materials, such as kraft paper, viscose rayon fibers, and hygiene products. The market's size is influenced by factors such as pulp production processes, water usage, and the working population's demand for various packaging materials, including paper bags. Despite the environmental concerns associated with some bleaching processes, the market continues to grow due to the increasing demand for product protection, softness, and product aesthetics.

How is this Bleached Kraft Pulp Industry segmented?

The bleached kraft pulp industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Tissue paper
  Printing and writing
  Packaging paper
  Newsprint and others


Product

  Bleached hardwood kraft pulp
  Bleached softwood kraft pulp


Geography

  APAC

    China
    Japan
    India


  Europe

    Germany
    UK
    France
    Italy


  North America

    US
    Canada
    Mexico


  South America



  Middle East and Africa

By Application Insights

The tissue paper segment is estimated to witness significant growth during the forecast period.The market is experiencing significant growth due to the increasing demand for tissue paper applications. This trend is driven by a growing consumer base that prioritizes hygiene and sustainability, as well as the rise of e-commerce and the subsequent increase in packaging requirements. The tissue paper industry, which encompasses facial tissues, toilet paper, and paper towels, heavily relies on high-quality bleached kraft pulp for its softness, strength, and absorbency.

Key market players ensure a consistent supply of superior bleached kraft pulp for tissue paper production. The expanding global tissue paper market is expected to continue driving the growth of the market, as consumer preferences shift towards eco-friendly and hygienic paper products. This growth is also fueled by the circular economy, sustainable forestry, and the use of renewable resources in pulp production. Additionally, the demand for bio-based materials, compostable packaging, and bioplastics is increasing, further expanding the market's potential.

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The tissue paper segment was valued at USD 21.51 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 39% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in Asia Pacific (APAC) is experiencing significant growth due to the high production and consumption of this pulp in countries like Japan, China, Indonesia, Korea, and India. China's increasing demand for bleached kraft pulp in tissue paper manufacturing and printing and writing papers is a major driver. Moreover, the region's rising per capita consumption of paper products is fueling market expansion. The entry of foreign companies into APAC to capitalize on the region's growth prospects is another contributing factor. This market is also influenced by the global trend towards eco-friendly and sustainable packaging, with bleached kraft pulp being a key component in paper-based, compostable, and biodegradable packaging solutions.

The circular economy, sustainable