The global market for Food Contact Paper was estimated at US$123.5 Billion in 2023, and is projected to reach US$199.9 Billion by 2030, growing at a CAGR of 7.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the food contact paper market is driven by several factors including regulatory changes, technological advancements, and shifts in consumer behavior. As global regulations become more stringent to ensure food safety and sustainability, manufacturers are pushed to develop new materials that comply with these new standards. Technological advancements such as barriers that improve the functionality of paper without compromising biodegradability are key growth drivers. Additionally, the surge in takeaway and delivery services, particularly heightened by the COVID-19 pandemic, has increased the need for high-quality food contact paper. The growing consumer preference for convenience and the expansion of food delivery services are also significant contributors to market growth. Collectively, these dynamics underscore a robust market trajectory, influenced by a blend of regulatory focus, technological innovation, and adaptive consumer behaviors.
The growth in the food contact paper market is driven by several factors including regulatory changes, technological advancements, and shifts in consumer behavior. As global regulations become more stringent to ensure food safety and sustainability, manufacturers are pushed to develop new materials that comply with these new standards. Technological advancements such as barriers that improve the functionality of paper without compromising biodegradability are key growth drivers. Additionally, the surge in takeaway and delivery services, particularly heightened by the COVID-19 pandemic, has increased the need for high-quality food contact paper. The growing consumer preference for convenience and the expansion of food delivery services are also significant contributors to market growth. Collectively, these dynamics underscore a robust market trajectory, influenced by a blend of regulatory focus, technological innovation, and adaptive consumer behaviors.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Kraft Paper segment, which is expected to reach US$88.4 Billion by 2030 with a CAGR of a 8.1%. The Specialty Paper segment is also set to grow at 6.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $33.7 Billion in 2023, and China, forecasted to grow at an impressive 11.5% CAGR to reach $44.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Food Contact Paper Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Food Contact Paper Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Food Contact Paper Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ahlstrom-Munksjo, Asian Pulp & Paper Company, BPM, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Ahlstrom-Munksjo
- Asian Pulp & Paper Company
- BPM, Inc.
- EUROCARTEX S.P.A.
- Food Paper UK LTD.
- GASCOGNE Group
- Golden Paper Co., Ltd.
- KRPA Holding CZ, a.s.
- Mondi Plc
- Nordic Paper
- Pudumjee Paper Products
- SCG Packaging PCL
- Seaman Paper Company
- Twin Rivers Paper Company
- Westrock Company;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ahlstrom-Munksjo
- Asian Pulp & Paper Company
- BPM, Inc.
- EUROCARTEX S.P.A.
- Food Paper UK LTD.
- GASCOGNE Group
- Golden Paper Co., Ltd.
- KRPA Holding CZ, a.s.
- Mondi Plc
- Nordic Paper
- Pudumjee Paper Products
- SCG Packaging PCL
- Seaman Paper Company
- Twin Rivers Paper Company
- Westrock Company;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 371 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 123.5 Billion |
Forecasted Market Value ( USD | $ 199.9 Billion |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Global |