The global Saturating Kraft Paper market was valued at 909.61 Million USD in 2020 and will grow with a CAGR of 3.14% from 2020 to 2027, based on newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Saturating kraft paper is an unbleached, single-layer, high permeability and high water absorption kraft paperboard, and is mainly used as the base material, such as high-pressure decorative laminates on furniture counter surfaces, floors and heat insulation boards.Global Saturating Kraft Paper key players include WestRock, International Paper, Kotkamills Oy, Nordic Paper, Mondi Group, etc. Global top five manufacturers hold a share nearly 60%. North America is the largest market, with a share about 60%, followed by Europe and Asia-Pacific, both have a share over 35 percent.In terms of product, 100 To 200 GSM is the largest segment, with a share over 55%. And in terms of application, the largest application is Laminates/Panels, followed by Packaging Materials, etc.

By Market Verdors:

WestRock

International Paper

Kotkamills Oy

Nordic Paper

Mondi Group

Ranheim Paper & Board AS

Fleenor Paper Company

By Types:

Less Than 100 GSM

100 To 200 GSM

More Than 200 GSM

By Applications:

Laminates/Panels

Packaging Materials

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements.

Chapter 1 Industry Overview

1.1 Definition

1.2 Assumptions

1.3 Research Scope

1.4 Market Analysis by Regions

1.4.1 North America Market States and Outlook (2022-2027)

1.4.2 East Asia Market States and Outlook (2022-2027)

1.4.3 Europe Market States and Outlook (2022-2027)

1.4.4 South Asia Market States and Outlook (2022-2027)

1.4.5 Southeast Asia Market States and Outlook (2022-2027)

1.4.6 Middle East Market States and Outlook (2022-2027)

1.4.7 Africa Market States and Outlook (2022-2027)

1.4.8 Oceania Market States and Outlook (2022-2027)

1.4.9 South America Market States and Outlook (2022-2027)

1.5 Global Saturating Kraft Paper Market Size Analysis from 2022 to 2027

1.5.1 Global Saturating Kraft Paper Market Size Analysis from 2022 to 2027 by Consumption Volume

1.5.2 Global Saturating Kraft Paper Market Size Analysis from 2022 to 2027 by Value

1.5.3 Global Saturating Kraft Paper Price Trends Analysis from 2022 to 2027

1.6 COVID-19 Outbreak: Saturating Kraft Paper Industry Impact

Chapter 2 Global Saturating Kraft Paper Competition by Types, Applications, and Top Regions and Countries

2.1 Global Saturating Kraft Paper (Volume and Value) by Type

2.1.1 Global Saturating Kraft Paper Consumption and Market Share by Type (2016-2021)

2.1.2 Global Saturating Kraft Paper Revenue and Market Share by Type (2016-2021)

2.2 Global Saturating Kraft Paper (Volume and Value) by Application

2.2.1 Global Saturating Kraft Paper Consumption and Market Share by Application (2016-2021)

2.2.2 Global Saturating Kraft Paper Revenue and Market Share by Application (2016-2021)

2.3 Global Saturating Kraft Paper (Volume and Value) by Regions

2.3.1 Global Saturating Kraft Paper Consumption and Market Share by Regions (2016-2021)

2.3.2 Global Saturating Kraft Paper Revenue and Market Share by Regions (2016-2021)

Chapter 3 Production Market Analysis

3.1 Global Production Market Analysis

3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis

3.1.2 2016-2021 Major Manufacturers Performance and Market Share

3.2 Regional Production Market Analysis

3.2.1 2016-2021 Regional Market Performance and Market Share

3.2.2 North America Market

3.2.3 East Asia Market

3.2.4 Europe Market

3.2.5 South Asia Market

3.2.6 Southeast Asia Market

3.2.7 Middle East Market

3.2.8 Africa Market

3.2.9 Oceania Market

3.2.10 South America Market

3.2.11 Rest of the World Market

Chapter 4 Global Saturating Kraft Paper Sales, Consumption, Export, Import by Regions (2016-2021)

4.1 Global Saturating Kraft Paper Consumption by Regions (2016-2021)

4.2 North America Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.3 East Asia Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.4 Europe Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.5 South Asia Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.6 Southeast Asia Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.7 Middle East Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.8 Africa Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.9 Oceania Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

4.10 South America Saturating Kraft Paper Sales, Consumption, Export, Import (2016-2021)

Chapter 5 North America Saturating Kraft Paper Market Analysis

5.1 North America Saturating Kraft Paper Consumption and Value Analysis

5.1.1 North America Saturating Kraft Paper Market Under COVID-19

5.2 North America Saturating Kraft Paper Consumption Volume by Types

5.3 North America Saturating Kraft Paper Consumption Structure by Application

5.4 North America Saturating Kraft Paper Consumption by Top Countries

5.4.1 United States Saturating Kraft Paper Consumption Volume from 2016 to 2021

5.4.2 Canada Saturating Kraft Paper Consumption Volume from 2016 to 2021

5.4.3 Mexico Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 6 East Asia Saturating Kraft Paper Market Analysis

6.1 East Asia Saturating Kraft Paper Consumption and Value Analysis

6.1.1 East Asia Saturating Kraft Paper Market Under COVID-19

6.2 East Asia Saturating Kraft Paper Consumption Volume by Types

6.3 East Asia Saturating Kraft Paper Consumption Structure by Application

6.4 East Asia Saturating Kraft Paper Consumption by Top Countries

6.4.1 China Saturating Kraft Paper Consumption Volume from 2016 to 2021

6.4.2 Japan Saturating Kraft Paper Consumption Volume from 2016 to 2021

6.4.3 South Korea Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 7 Europe Saturating Kraft Paper Market Analysis

7.1 Europe Saturating Kraft Paper Consumption and Value Analysis

7.1.1 Europe Saturating Kraft Paper Market Under COVID-19

7.2 Europe Saturating Kraft Paper Consumption Volume by Types

7.3 Europe Saturating Kraft Paper Consumption Structure by Application

7.4 Europe Saturating Kraft Paper Consumption by Top Countries

7.4.1 Germany Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.2 UK Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.3 France Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.4 Italy Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.5 Russia Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.6 Spain Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.7 Netherlands Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.8 Switzerland Saturating Kraft Paper Consumption Volume from 2016 to 2021

7.4.9 Poland Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 8 South Asia Saturating Kraft Paper Market Analysis

8.1 South Asia Saturating Kraft Paper Consumption and Value Analysis

8.1.1 South Asia Saturating Kraft Paper Market Under COVID-19

8.2 South Asia Saturating Kraft Paper Consumption Volume by Types

8.3 South Asia Saturating Kraft Paper Consumption Structure by Application

8.4 South Asia Saturating Kraft Paper Consumption by Top Countries

8.4.1 India Saturating Kraft Paper Consumption Volume from 2016 to 2021

8.4.2 Pakistan Saturating Kraft Paper Consumption Volume from 2016 to 2021

8.4.3 Bangladesh Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 9 Southeast Asia Saturating Kraft Paper Market Analysis

9.1 Southeast Asia Saturating Kraft Paper Consumption and Value Analysis

9.1.1 Southeast Asia Saturating Kraft Paper Market Under COVID-19

9.2 Southeast Asia Saturating Kraft Paper Consumption Volume by Types

9.3 Southeast Asia Saturating Kraft Paper Consumption Structure by Application

9.4 Southeast Asia Saturating Kraft Paper Consumption by Top Countries

9.4.1 Indonesia Saturating Kraft Paper Consumption Volume from 2016 to 2021

9.4.2 Thailand Saturating Kraft Paper Consumption Volume from 2016 to 2021

9.4.3 Singapore Saturating Kraft Paper Consumption Volume from 2016 to 2021

9.4.4 Malaysia Saturating Kraft Paper Consumption Volume from 2016 to 2021

9.4.5 Philippines Saturating Kraft Paper Consumption Volume from 2016 to 2021

9.4.6 Vietnam Saturating Kraft Paper Consumption Volume from 2016 to 2021

9.4.7 Myanmar Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 10 Middle East Saturating Kraft Paper Market Analysis

10.1 Middle East Saturating Kraft Paper Consumption and Value Analysis

10.1.1 Middle East Saturating Kraft Paper Market Under COVID-19

10.2 Middle East Saturating Kraft Paper Consumption Volume by Types

10.3 Middle East Saturating Kraft Paper Consumption Structure by Application

10.4 Middle East Saturating Kraft Paper Consumption by Top Countries

10.4.1 Turkey Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.2 Saudi Arabia Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.3 Iran Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.4 United Arab Emirates Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.5 Israel Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.6 Iraq Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.7 Qatar Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.8 Kuwait Saturating Kraft Paper Consumption Volume from 2016 to 2021

10.4.9 Oman Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 11 Africa Saturating Kraft Paper Market Analysis

11.1 Africa Saturating Kraft Paper Consumption and Value Analysis

11.1.1 Africa Saturating Kraft Paper Market Under COVID-19

11.2 Africa Saturating Kraft Paper Consumption Volume by Types

11.3 Africa Saturating Kraft Paper Consumption Structure by Application

11.4 Africa Saturating Kraft Paper Consumption by Top Countries

11.4.1 Nigeria Saturating Kraft Paper Consumption Volume from 2016 to 2021

11.4.2 South Africa Saturating Kraft Paper Consumption Volume from 2016 to 2021

11.4.3 Egypt Saturating Kraft Paper Consumption Volume from 2016 to 2021

11.4.4 Algeria Saturating Kraft Paper Consumption Volume from 2016 to 2021

11.4.5 Morocco Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 12 Oceania Saturating Kraft Paper Market Analysis

12.1 Oceania Saturating Kraft Paper Consumption and Value Analysis

12.2 Oceania Saturating Kraft Paper Consumption Volume by Types

12.3 Oceania Saturating Kraft Paper Consumption Structure by Application

12.4 Oceania Saturating Kraft Paper Consumption by Top Countries

12.4.1 Australia Saturating Kraft Paper Consumption Volume from 2016 to 2021

12.4.2 New Zealand Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 13 South America Saturating Kraft Paper Market Analysis

13.1 South America Saturating Kraft Paper Consumption and Value Analysis

13.1.1 South America Saturating Kraft Paper Market Under COVID-19

13.2 South America Saturating Kraft Paper Consumption Volume by Types

13.3 South America Saturating Kraft Paper Consumption Structure by Application

13.4 South America Saturating Kraft Paper Consumption Volume by Major Countries

13.4.1 Brazil Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.2 Argentina Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.3 Columbia Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.4 Chile Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.5 Venezuela Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.6 Peru Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.7 Puerto Rico Saturating Kraft Paper Consumption Volume from 2016 to 2021

13.4.8 Ecuador Saturating Kraft Paper Consumption Volume from 2016 to 2021

Chapter 14 Company Profiles and Key Figures in Saturating Kraft Paper Business

14.1 WestRock

14.1.1 WestRock Company Profile

14.1.2 WestRock Saturating Kraft Paper Product Specification

14.1.3 WestRock Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

14.2 International Paper

14.2.1 International Paper Company Profile

14.2.2 International Paper Saturating Kraft Paper Product Specification

14.2.3 International Paper Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

14.3 Kotkamills Oy

14.3.1 Kotkamills Oy Company Profile

14.3.2 Kotkamills Oy Saturating Kraft Paper Product Specification

14.3.3 Kotkamills Oy Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

14.4 Nordic Paper

14.4.1 Nordic Paper Company Profile

14.4.2 Nordic Paper Saturating Kraft Paper Product Specification

14.4.3 Nordic Paper Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

14.5 Mondi Group

14.5.1 Mondi Group Company Profile

14.5.2 Mondi Group Saturating Kraft Paper Product Specification

14.5.3 Mondi Group Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

14.6 Ranheim Paper & Board AS

14.6.1 Ranheim Paper & Board AS Company Profile

14.6.2 Ranheim Paper & Board AS Saturating Kraft Paper Product Specification

14.6.3 Ranheim Paper & Board AS Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

14.7 Fleenor Paper Company

14.7.1 Fleenor Paper Company Company Profile

14.7.2 Fleenor Paper Company Saturating Kraft Paper Product Specification

14.7.3 Fleenor Paper Company Saturating Kraft Paper Production Capacity, Revenue, Price and Gross Margin (2016-2021)

Chapter 15 Global Saturating Kraft Paper Market Forecast (2022-2027)

15.1 Global Saturating Kraft Paper Consumption Volume, Revenue and Price Forecast (2022-2027)

15.1.1 Global Saturating Kraft Paper Consumption Volume and Growth Rate Forecast (2022-2027)

15.1.2 Global Saturating Kraft Paper Value and Growth Rate Forecast (2022-2027)

15.2 Global Saturating Kraft Paper Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)

15.2.1 Global Saturating Kraft Paper Consumption Volume and Growth Rate Forecast by Regions (2022-2027)

15.2.2 Global Saturating Kraft Paper Value and Growth Rate Forecast by Regions (2022-2027)

15.2.3 North America Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.4 East Asia Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.5 Europe Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.6 South Asia Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.7 Southeast Asia Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.8 Middle East Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.9 Africa Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.10 Oceania Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.2.11 South America Saturating Kraft Paper Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)

15.3 Global Saturating Kraft Paper Consumption Volume, Revenue and Price Forecast by Type (2022-2027)

15.3.1 Global Saturating Kraft Paper Consumption Forecast by Type (2022-2027)

15.3.2 Global Saturating Kraft Paper Revenue Forecast by Type (2022-2027)

15.3.3 Global Saturating Kraft Paper Price Forecast by Type (2022-2027)

15.4 Global Saturating Kraft Paper Consumption Volume Forecast by Application (2022-2027)

15.5 Saturating Kraft Paper Market Forecast Under COVID-19

Chapter 16 Conclusions

Research Methodology

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)