Food Contact Paper Market in the US - Trends & Growth Prospect 2015-2019

Market Opportunity of Food Contact Paper:

The Food Contact Paper Market in the US is witnessing a growing adoption of paper packaging materials by the F&B industry. This market is expected to reach a CAGR of around 7% during the forecast period. The non-poly coated segment has a significant share because of an increase in the number of outdoor eating joints and high export demand. In terms of types of application, the frozen and liquid food, and beverage product segment has the major share of the Food Contact Paper Market in the US.

The market is witnessing many positive trends owing to a shortage of sustainable and recyclable packaging products. The existing regulatory mechanism promotes the usage of bio-degradable contact paper and it has made consumers in the US more aware of the benefits of using paper-based materials.

Key Application Area for the Contact Paper Market in the US:

• Takeaway food products
• Bakery products
• Dry grocery products
• Frozen food products
• Liquid food and beverages products

In 2014, the frozen food products segment accounted for close to a third of the market share. It is followed by the liquid food and beverages segment and dry grocery product applications.

Key Benefits Offered by Poly-coated Food Contact Paper:

This paper is mainly used for serving liquid and greasy food items such as cold drinks, hot/cold coffee, hot/iced tea. Some of the factors influencing the fast adoption of poly-coated food contact paper are as follows:

• The demand for beverages in the US is expected to grow even higher over the forecast period.
• The market is expected to witness an increase in the new variety of beverages in different sizes and flavors.
• The use of poly-coated food contact paper enhances the content visibility and photographic images on product labels, thus making it a popular choice for packaging.

Top Companies in the Contact Paper Market in the US:

The current market includes many large players that are more specialized than others in specific commodity segments. Some vendors operate in many paper and packaging segments ranging from industrial packaging and consumer packaging to even printing of the packaged paper. The leading manufacturers in the market include the following:

International Paper:

The company is in its 116th year of operation and is a global leader in the paper, packaging and printing business. It has a presence in the Americas, the EMEA region, and Asia. The company is a manufacturer, distributor, and recycler of paper and packaging products. 

Mondi:

Mondi is an international packaging and paper group founded in 1967, and employs 24,400 people across 30 countries. The company’s key operations are located in central Europe, Russia, the Americas, and South Africa.

Georgia-Pacific:

The company manufactures and markets tissue, pulp, paper, packaging, construction materials, and related chemicals.

Smurfit Kappa:

It is one of the leading producers of paper-based packaging in the world with around 41,000 employees, across 32 countries. Its packaging plants source a majority of their raw materials from company-owned paper mills.

Other Sections of the Report Include an Analysis on the Following:

• Revenue Share as per Key Applications Areas of the Contact Paper Market in the US
• Key Drivers and their Impact on the Contact Paper Market in the US
• Key Challenges and their Impact on the Contact Paper Market in the US
• Key Trends and their Impact on the Contact Paper Market in the US
• Five Forces Analysis of the Contact Paper Market in the US
• SWOT Analysis of Key Vendors of the Contact Paper Market in the US