A recent market study found that the global unbleached kraft softwood pulp (uskp) market is growing with the increasing demand for eco-friendly packaging. It is predicted that the annual growth rate (CAGR) of global unbleached kraft softwood pulp market will reach 4.6% from 2020 to 2030.
Paper packaging has the advantages of biodegradability and environmental friendliness, and good cost-effectiveness, and can be widely used in retail and logistics fields. Therefore, with the increasing demand of packaging industry, the global paper packaging market is expanding continuously.
As one of the main sustainable raw materials for the paper industry, the paper produced from unbleached kraft softwood pulp can be widely used in printing and packaging industries, so the demand remains high worldwide. With the improvement of people’s awareness of environmental protection and the promotion of product structure adjustment of enterprises, the demand for unbleached kraft softwood pulp in the world is increasing day by day.
In spite of the slowdown in market growth caused by the epidemic, the global unbleached kraft softwood pulp market still has great potential for further growth in the next few years.
A study investigated the driving factors and limiting factors of its market growth. The study showed that: among all pulps, northern unbleached kraft softwood pulp is expected to still dominate the global market from 2020 to 2030; the diversified application of printing, writing and packaging will increase the demand for sustainable raw materials, which will promote the unbleached Kraft softwood pulp market Market growth, in which the packaging industry and other packaging products will occupy a leading position in all other applications; the packaging industry will become the most important end-user in all other industries; the demand for pulp in Australia and New Zealand in Oceania will increase significantly; and people’s attention to the environment is expected to further promote the development of green packaging industry, thus promoting global sustainability Continue the growth of paper packaging market.
Due to the outbreak of the epidemic this year, the demand for unbleached kraft softwood pulp has decreased, and the growth rate of the global market has declined. However, the shortage of raw materials, shortage of manpower, financial crisis, employment depression and other constraints further reduce the market growth rate in 2020.
However, according to analysts, it is expected that the global unbleached kraft softwood pulp market will begin to warm up in the first quarter of 2021. In order to make full use of and develop the market potential, the world’s major paper-making enterprises and relevant industry participants are making great investment to continuously launch high-quality products to promote the recovery of the industry.
Domtar, for example, announced a plant revamp in November 2020 in partnership with Kingsport to produce more quality unbleached kraft softwood pulp. In addition, we have launched lighthouse? Brand fluff pulp, which can be used to produce a variety of products worldwide, such as baby diapers, adult incontinence products, female health products, printing and writing products, tissue, towel, packaging, etc.
CanFor in North America also launched advanced Kodiak kraft paper and polar kraft paper series products in 2020. These products are produced from forest resources and are widely welcomed for their high strength, high efficiency and fine northern fiber.
According to the research, due to the rapid growth in the value and quantity of the global market, major market participants are expected to experience fierce competition in the next few years.
Post time: Dec-11-2020