July 25, 2022
According to the business intelligence report titled ‘Global Unbleached Softwood Kraft Pulp Market Size study, by Product Type (Northern, Southern, Others) By Grade (Chemical Pulp, Mechanical Pulp, Other Pulp) By Application (Printing And Writing, Newsprint, Packaging, Corrugated Boxes, Cartons, Liners, Bags And Sacks, Wrapping, Other Packaging Products, Tissue & Toilet Paper, Others) By End Use Industries (Packaging, Food And Beverages, Building And Construction, Agriculture And Allied Industries, Chemicals, Cosmetics And Personal Care, Electrical & Electronics, Other Consumer Goods, Non-Packaging) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global unbleached softwood kraft pulp market is anticipated to showcase a decent year over year growth rate through 2028 and cross a nominal valuation by the end of the forecast timeframe.
Increasing inclination toward sustainable packaging solutions, and rapidly expanding food & beverages sector are the primary factors driving global unbleached softwood kraft pulp market growth.
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For the unversed, unbleached kraft pulps are produced out of a mixture of softwood species such as lodgepole pine, white spruce, and subalpine fir which are native to the province of British Columbia. This pulp is mostly utilized for manufacturing a variety of paper products, including writing & printing paper, tissue products, and other specialty grades.
In addition, expanding e-commerce sector particularly in emerging nations, and growing adoption of paper packaging are likely to uncover new prospects for amplifying market remuneration in the ensuing years.
However, unstable raw material prices, and supply chain disruptions caused due to the coronavirus pandemic are some of the major challenges that are expected to hinder market progress over the analysis timeframe.
Moving on, worldwide unbleached softwood kraft pulp marketplace is categorized on the basis of grade, application, and end-use verticals To give the stakeholders a clear depiction of the growth potential of the business sphere during the research period.
From a regional frame of reference, North America market is poised to attain a substantial revenue share during the projected timeframe, owing to the prevalence of leading players across region as well as growing inclination of the masses toward eco-friendly package solutions.
Meanwhile, Asia Pacific industry is bound to be a lucrative avenue for optimizing remuneration over 2022-2028, owing to soaring e-commerce and food & beverages sectors.
Speaking of the competitive framework, WestRock Group, Nordic Paper AS, Tokushu Tokai Paper Co. Ltd., Uline Inc., Smurfit Kappa Group plc, Komar Alliance LLC, International Paper Company, SCG Packaging plc, Canadian Kraft Paper Industries Ltd., and Georgia-Pacific LLC are the prominent players influencing global unbleached softwood kraft pulp industry.