Karat Packaging Inc. (KRT): Thriving in the Disposable Products Market [Yahoo! Finance]
Karat Packaging Inc. (KRT)
Company Research
Source: Yahoo! Finance
Packaging Inc. (NASDAQ:KRT) stands against other best packaging stocks to buy according to analysts. According to a report by Mordor Intelligence, the packaging market size is estimated at $1.14 trillion in 2024 and is expected to grow to $1.38 trillion by 2029, growing at a compound annual growth rate of 3.89% during the forecast period (2024-2029). Region-wise, Asia Pacific is the fastest-growing region in the packaging market, with plastic packaging being widely utilized in the region. India and China's food and beverage markets are contributing to this utilization. Japan is another major consumer of paper-based products in diverse sectors. Market trends reflect that paper and paperboard packaging products are to witness the highest growth. There has been an increasing demand for eco-friendly packaging with minimal environmental footprint. In this regard, paper-based solutions such as bags, pouches, and cartons, have driven a surge in sustainable packaging adoption. The deman
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KRT
News
- Karat Packaging Inc. (NASDAQ: KRT) had its price target raised by analysts at Stifel Nicolaus from $32.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- Two Reasons to Watch KRT and One to Stay Cautious [Yahoo! Finance]Yahoo! Finance
- Karat Packaging's (NASDAQ:KRT) Conservative Accounting Might Explain Soft Earnings [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Highs And Lows: Karat Packaging (NASDAQ:KRT) Vs The Rest Of The Specialty Equipment Distributors Stocks [Yahoo! Finance]Yahoo! Finance
- Global Recyclable Cups Market Set to Reach USD 974.2 Million by 2034, Driven by Growing Sustainability Efforts | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
KRT
Earnings
- 11/7/24 - Miss
KRT
Analyst Actions
- 12/11/24 - Stifel
KRT
Sec Filings
- 11/20/24 - Form 4
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- KRT's page on the SEC website