Food Contact Paper Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Food Contact Paper Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Food Contact Paper Market

The global food contact paper market size was valued at USD 78.98 billion in 2023 and is projected to grow from USD 82.54 billion in 2024 to USD 119.74 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period of 2024-2032.

The COVID-19 epidemic has significantly affected the market of food contact papers, mainly due to the interruption of goods streams and fluctuation in paper product demand. Subsequently, there were rising requests for packaging materials, particularly paper-based wraps and bags, since the consumers adopted safer, less involved meal-handling habits, affecting food contact paper market growth.

The food contact paper market is expanded by many factors, such as the high reliability of green and green-friendly packaging solutions, the development of the e-commerce sector, and keeping food safe during its transportation or storage. The environmental eating habits of more and more customers have spurred on the growth of preferred food packaging materials, which are more environmentally friendly and safer and finish their function in maintaining freshness.

The blaze of the online food industry has made food contact paper grow intensively. Due to this, restaurants and other establishments tend to package food hygienically and conveniently. This huge increase in takeout and delivery orders has branched out, creating a great demand for innovative food packaging solutions to keep food quality and fresh, impeding a global rise in food contact paper market share. Food contact paper helps to address this gap by being an inexpensive and the most efficient food packaging method for travel, aiming to create a safe and pleasant experience for the consumer.

Comprehensive Analysis of Food Contact Paper Market

The food contact paper market is segmented into two categories: type and market of the milling equipment. The market classification based on the type is kraft paper, greaseproof paper, glassine paper, and parchment paper. Kraft paper is the most popular commercial application because it makes durable and lasting wrapping paper, after which comes cement or paper bag liners and cooking sheets. Bakery goods manufacturers highly need the former two groups as silicone has unique non-stick and waterproof functions. Now, segment-wise, the market is subjected to application sections such as fresh produce, dry groceries, bakery products, liquid food and drinks, takeaway and vending food, and others. The fresh produce section is to top the market because of the high demand for eco-friendly packaging from buyers, followed by dry grocery, liquid food and drink, bakery products, and takeaway and vending food sections.

The Asia Pacific region led the medical devices market by benefitting a size of USD 27.85 billion in 2023 due to the growing importance of ecologically friendly and sustainable packaging choices, bringing the consumer population and the producers of foodstuffs to select environmentally friendly packaging options.

The leading players in the food contact paper market significantly influence its growth trajectory and set industry standards. These key players, including Mondi Plc (U.K.), Twin Rivers Paper Company (U.S.), Westrock Company (U.S.), Asian Pulp & Paper Company (Indonesia), Nordic Paper (Sweden), Schweitzer-Mauduit International, Inc. (U.S.), KRPA PAPER, a.s. (Europe), SCG Packaging PCL (Asia Pacific), Ahlstrom-Munksjo (Finland), BPM Inc. (U.S.), Seaman Paper Company (U.S.), and UPM Global (Finland), contribute to a competitive landscape, driving innovation and market advancement in the food contact paper market.

In December 2021, Nordic Paper made the Glassine Canada Inc. acquisition possible and thereby added ‘marketing significance’ in the North American region, which has amassed the company even more as the leader in that area.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.7% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

Kraft Paper

Greaseproof Paper

Glassine Paper

Parchment Paper

Others

By Application

Fresh Produce

Dry Groceries

Bakery Products

Liquid Food and Drinks

Takeaway and Vending Foods

Others

By Region

North America (By Type, By Application, By Country)

- U.S. (By Application)

- Canada (By Application)

Europe (By Type, By Application, By Country)

- Germany (By Application)

- U.K. (By Application)

- France (By Application)

- Italy (By Application)

- Spain (By Application)

- Rest of Europe (By Application)

Asia Pacific (By Type, By Application, By Country)

- China (By Application)

- India (By Application)

- Japan (By Application)

- South Korea (By Application)

- Rest of Asia Pacific (By Application)

Latin America (By Type, By Application, By Country)

- Brazil (By Application)

- Mexico (By Application)

- Rest of Latin America (By Application)

Middle East & Africa (By Type, By Application, By Country)

- South Africa (By Application)

- Saudi Arabia (By Application)

Rest of Middle East & Africa (By Application)


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