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Virgin Paper Packaging Market To Register An Accelerated Growth Rate Over 2019-2024

Author : Rahul Varpe | Published Date : 2019-03-25 

Virgin Paper Packaging Market size is projected to witness a significant growth in the forecast period. Paper packaging industry has observed a considerable growth over the past few years due to the preference of high quality packaging and awareness about environment friendly packaging materials. Customized packaging has attracted the end-use industries which will accelerate the market growth.

Due to the requirement of high quality paper grades such as fine paper, recycling of paper is not suitable which escalates the demand for virgin paper. Increase in per capita income of people and retailers promoting the use of kraft paper bags have also driven the overall growth of the product industry. The light weight nature of the product allows it to be transported efficiently which has boosted the demand of the product. Durability, high strength, extended life, and better resistance to humidity are some of the advantages of virgin paper packaging.

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However, paper manufacturing involving the use of virgin wood fiber can create burden on environment such as exploitation of natural resources, toxic emissions, production of greenhouse gases, waste disposal, etc.  The rapidly increasing costs of raw material may act as a restraint for the product market.

Virgin paper also referred as regular paper is made from fresh cut trees. To manufacture one ton of chemical pulp for virgin paper, more than four tons of trees are required on an average. Virgin fibers can be obtained from alternative fibers and agricultural by-products. Paper manufacturing needs continual infusion of fresh virgin fibers as the recycled fibers fray from repeated use. Virgin paper is a high-quality material used for packaging as it has high strength, better opacity and printability. It is primarily manufactured with the pulp of fir, pine or spruce without using any recycled content. Virgin fibers are necessary to replace recovered fiber loss during deinking process and to maintain characteristics such as brightness in paper grades. Virgin containerboard is used in corrugated packaging.

The product market can be segmented on the basis of type, end-use industries and regions. Based on type, the product industry can be divided into semi-extensible kraft paper, fully-extensible kraft paper, high performance kraft paper. Based on end-use industries, the market can be segmented into food & beverage, chemicals, construction materials, automotive, electronics and animal feed.

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Some of the major competitors in this industry are Stora Enso, WestRock Company, ITC Ltd., Gascogne Papier, JK Paper Ltd., KapStone Paper and Packaging Corporation, Natron-Hayat d.o.o., Horizon Pulp & Paper Ltd., Cascades Inc., Mondi plc, etc.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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