Mondi, Smurfit Kappa and Oji Holdings Corporation are dominating the Europe Kraft Paper Market in 2019

Europe Kraft Paper Market is expected to grow with the CAGR of 2.9% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Kraft paper market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.

The major players dealing in kraft paper market are introducing strong range of product portfolio. This helped the company to maximize the sales with enhanced product portfolio. For instance, in December 2017, Mondi had expanded its business with Cherat Packaging Limited for the new product development for sack line paper for packaging. This development will help the company to increase its product portfolio in the paper market.

Mondi is the dominating player in Europe kraft paper market. The other key players existing in the market includes Smurfit Kappa, International Paper, WestRock Company, Primo Tedesco S.A., BillerudKorsnäs AB, Canfor, Verso Corporation, Oji Holdings Corporation, Nordic Paper, Segezha Group, Natron-Hayat d.o.o., Heinzel Holding GmbH, SwedPaper AB and GASCOGNE PAPIER.

Europe Kraft Paper Market

Mondi

Mondi company headquartered in Vienna, Austria and Addlestone, U.K. was founded in 1967. The company is engaged in the manufacturing of packaging and paper materials. The product categories offered by the company are flexible packaging, bags and pouches, personal care components, release liners, technical films, corrugated solutions, industrial bags, barrier coatings, specialty kraft paper, sack kraft paper, containerboard, office and professional printing papers. The market focused category is specialty kraft paper and sack kraft paper.

For instance,

  • In November 2017, Mondi had expanded business by entering into partnership with Litobal for the production of the shopping bag and bread bag markets. These developments help the company to enter into the packaging industry and increase the revenue in near future.

The company has wide presence across the globe such as in Europe, North America Middle East and Africa and Asia-Pacific. In addition to it, the company also generates its revenue from various subsidiaries such as Mondi Moss AS (Norway), Mondi Packaging Paper Sales Asia Pte. Limited (Singapore), Mondi Packaging Bags Ukraine LLC (Ukraine), Mondi Bags USA, LLC (U.S.), Hypac Limited (U.K.), Mondi Dynäs AB (Sweden) among others.

Smurfit Kappa

Smurfit Kappa headquartered in Dublin, Ireland was founded in 1934. The company is engaged in producing corrugated packaging, containerboard and bag-in-box. The company business segments are Europe and The Americas and the product categories offered are packaging, bag-in-box, displays, packaging machinery, containerboard, paper & board and recycling. Our focused market business segment is Europe and market focused product category is paper & board. The company has wide presence in Americas and Europe.

For instance,

  • In June 2019, Smurfit Kappa expanded the business by acquiring the new production facility in the Texas, U.S. This development will help the company to increase the production capacity for the liquid packaging such as for olive oil, water, fruit juice and motor oil. This will help the company to increase the revenue in near future.

The company also earn its revenue from various subsidiaries such as Smurfit Kappa de Argentina S.A. (Argentina), Smurfit Kappa Wellkart GmbH (Germany), Smurfit do Brasil Participacoes Ltda (Brazil), Smurfit Canada Holdings Limited (Canada), Kappa Borup A/S (Denmark), Smurfit Kappa Investments UK Limited (U.K.) among others.

Oji Holdings Corporation

Oji Holdings Corporation headquartered in Tokyo, Japan was founded in 1873. The company is engaged in paper manufacturing business with the help of different technologies originated from paper manufacturing. The company offered product categories are functional materials business, industrial material business/household and consumer product business, forest resources and environment marketing business, printing and communications media business. Our market focused category is industrial material business/household and consumer product business. The company has its presence in Asia, Americas, Oceania and Europe.

For instance,

  • In January 2020, Oji Holding Corporation has expanded the business with Nestle Group. The Nestle Group will replace the plastic packaging with the paper packaging. The packaging of the products has been done from the Oji Holding Company. This development will help the company to increase the revenue in near future.

The company also earn revenue from various subsidiaries such as Oji Intertech, Inc.  (America), Kanzan Spezialpapiere Gmbh (Germany), Oji Papeis Especiais Ltda (Brazil) among others.