Unbleached Softwood Kraft Pulp Market 2022 Outlook, SWOT Analysis And New Market Opportunities Explored By 2030

Monday, 27 June 2022, 7:01 pm
Press Release: Future Market Insights

The worldwide unbleached softwood kraft pulp market is supposed to observe an elation at a CAGR of 4.6% somewhere in the range of 2022 and 2030. It could arrive at US$ 2.2 Bn continuously 2030.

Rising interest for eco-accommodating bundling arrangements has been empowering development in the worldwide unbleached softwood kraft pulp market, tracks down Future Market Insights (FMI) in a new market study.

Pulp bundling is bio degradable and climate amicable as well as savvy to be utilized broadly in the retail and strategies areas. Thus, the worldwide market is extending reliably with the expansion popular from the bundling business.

Unbleached softwood kraft pulp being the vitally practical unrefined substance for the pulp and paper industry, has a wide scope of uses beginning from printing to wrapping, making it profoundly required everywhere. As the emphasis on rebuilding of creation units is expanding quick, the interest for unbleached softwood kraft pulp items are getting high as can be everywhere.

In spite of confronting decrease in market development because of COVID-19 pandemic, worldwide unbleached softwood kraft pulp market hold high potential to grow further before long.

FMI offers a comprehensive outline of the worldwide market as well as its development drivers and limitations.

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Some of the key takeaways from the report are highlighted below-

• Northern unbleached softwood kraft pulp is anticipated to dominate the global market among all other product types
• Grade-wise, chemical pulp is expected to maintain the lead throughout the forecast period
• Packaging industry and other packaging products are anticipated to exhibit hegemony among all other applications during the forecast period
• Packaging industry is set to emerge as the dominant end user among all other industries
• Australia will dominate all other countries during the forecast period followed by New Zealand
• Increase in concern for environment is expected to expand the green packaging solutions industry further, resulting in propelling the global market growth

“Increasing demand for sustainable raw materials for diverse applications such as printing, writing, packaging, and others are steering the unbleached softwood kraft pulp market growth. Considering this, surging environmental concerns will bode well for the market, enabling sales in the coming years,” says an FMI analyst.

How has Covid-19 impacted the Unbleached Softwood Kraft Pulp Market?

COVID-19 has led to a change in consumer preferences and priorities as the focus now shifts towards the contact-less delivery and hygiene. Following social distancing and the other government policies enforced to curb the spread of this pandemic, the growth of unbleached softwood kraft pulp is likely to flourish owing to increased awareness amongst consumers regarding the origin and packaging of the products.

The products are delivered via corrugated boxes, cartons, liners, bags & sacks, etc., which can be sanitized to lessen the risk of the disease spread. Therefore, the demand for unbleached softwood kraft pulp, especially for packaging is anticipated to boost the unbleached softwood kraft pulp market.

Due to the ongoing outbreak, there can be a conservative scenario as per the unforeseen changes in the growth rate of considered factors. Current pandemic and disruption of supply chain are major factors that will have a significant impact on the sales of unbleached softwood kraft pulp across the globe.

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Who is Winning

In order to leverage the unbleached softwood kraft pulp market potential, the key market players are investing heavily with emphasis on launching quality products to target diverse end users.

For instance, Domtar Corporation has announced mill conversion in partnership with Kingsport in November, 2021 in order to produce more quality unbleached softwood kraft pulp. They have also released their LIGHTHOUSE® FLUFF PULP and PAPERGRADE PULP in year 2022 which are used worldwide for manufacturing various products such as baby diapers, adult incontinence products, feminine hygiene products, printing and writing products, tissues, towels, packaging grades, and others.

Canfor Corporation has launched their advanced ranges of Kodiak Kraft and polar kraft in the current year, which are manufactured from forest resource and popular for their high strength, efficiency, and fine northern fibers. Canfor Corporation has also been named a BC Top employer for the 7th year in 2022.

According to FMI, as the global market is growing fast by both its value and volume, the key market players are expected to experience tough competition in the coming years.

Competitive Landscape

The unbleached softwood kraft pulp market players are into organic mode of expansion with innovative practices added.

• Rottneros AB, in November 2020, did release their all-inclusive range of Rottneros’ moulded and recyclable fiber trays made out of unbleached softwood kraft pulp to cater to the food packaging sector.
• Stora Enso Ovi has tabled their broad spectrum of unbleached softwood kraft pulp products like NBSK pulp, BHKP pulp, and likewise.

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Key Segments Covered in Unbleached Softwood Kraft Pulp Industry Research

Unbleached Softwood Kraft Pulp Market by Product Type

• Northern
• Southern
• Others

Unbleached Softwood Kraft Pulp Market by Grade

• Chemical Pulp
• Mechanical Pulp
• Other Pulp

Unbleached Softwood Kraft Pulp Market by Application

• Printing and Writing
• Newsprint
• Packaging
• Corrugated Boxes
• Cartons
• Liners
• Bags and Sacks
• Wrapping
• Other Packaging Products
• Tissue & Toilet Paper
• Others

Unbleached Softwood Kraft Pulp Market by End-use

• Packaging
• Food and Beverages
• Building and Construction
• Agriculture and Allied Industries
• Chemicals
• Cosmetics and Personal Care
• Electrical & Electronics
• Other Consumer Goods
• Non-Packaging

Unbleached Softwood Kraft Pulp Market by Region

• North America Unbleached Softwood Kraft Pulp Market
• Latin America Unbleached Softwood Kraft Pulp Market
• Europe Unbleached Softwood Kraft Pulp Market
• East Asia Unbleached Softwood Kraft Pulp Market
• South Asia Unbleached Softwood Kraft Pulp Market
• Oceania Unbleached Softwood Kraft Pulp Market
• Middle East & Africa (MEA) Unbleached Softwood Kraft Pulp Market

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