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The food wrapping paper market size is forecast to increase by USD 1.32 billion, at a CAGR of CAGR of 5.23% between 2023 and 2028. The growth rate of the market depends on several factors such as the growing demand for sustainable food packaging, the growth of the fast-food market and the rise in the food delivery and takeaway market.
The market analysis and report include a comprehensive outlook on the food wrapping paper market, offering forecasts for the industry segmented by Distribution Channel, which comprises offline and online. Additionally, it categorizes Type into kraft paper, greaseproof paper, and coated paper and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
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Our researchers analyzed the data with 2023 as the base year, along with the key drivers, market trends and analysis, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Growing demand for sustainable food packaging is notably driving the market growth. There have been environmental concerns regarding the usage of various products such as polystyrene and polypropylene for the manufacturing of foodservice disposables such as food wrappers. These materials take a long time to decompose, which results in environmental pollution. Furthermore, there have been rising limitations on using plastic products and also recent bans on all single-use plastics. For instance, in November 2021, the UK government announced its plan to ban single-use plastics, eliminating all avoidable plastic waste. This, in turn, is helping the growth of sustainable food packaging.
Moreover, many multinational fast-food chains use large amounts of paper wrapping for their products. For instance, Subway serves its products in paper wrappings for convenience and with branded packaging. Such factors are likely to fuel the growth of the global food wrapping paper market during the forecast period.
The adoption of innovative materials for manufacturing food wrapping paper is an emerging trend shaping the market growth. The demand for paper-based packaging, such as food wrapping paper, is growing significantly owing to the rise in demand for eco-friendly and sustainable packaging from various end-user industries. There has been a rise in the adoption of various plant-based raw materials for manufacturing food wrapping papers. The food wrapping paper made of grass by Constantia Flexibles Group GmbH does not include bleach or other chemical treatments and is made with very limited water consumption.
however, this grass paper is composed of 40% sun-dried grass and 60% Forest Stewardship Council (FSC)-certified cellulose. This packaging helps in replacing plastic and can be recycled in the same way as all other conventional recyclable paper products. The rise in the use of such innovative materials for manufacturing food wrapping paper will propel the growth of the global food wrapping paper market during the market forecast period.
Contamination of food during packaging is a significant challenge hindering the market growth. Packaging is a major element in the food processing process. However, packaging is a source of contamination through the migration of substances from the packaging onto food. Various hazardous chemicals could be present in packaging products, such as food wrapping paper. Harmful chemicals can migrate into the food during packaging. The migration of chemicals occurs when food contact materials are exposed to high temperatures. Food wrapping papers are coated or treated with PFAS (Per- and polyfluoroalkyl substances), exposure to which can lead to various health problems, including endocrine disruption and developmental disorders in children.
Furthermore, recycled paper may contain fluorinated chemicals, mineral oils, phthalates, bisphenol A, and nonylphenol. If these chemicals are consumed by humans, they may lead to kidney and testicular cancer, decreased fertility, elevated cholesterol, and thyroid problems. Such issues related to contamination during the packaging of food with food wrapping paper might affect the market growth and trends of the global food wrapping paper market negatively during the forecast period.
The offline segment is estimated to witness significant growth during the forecast period. Traditional retail locations that provide customers with convenience and quick access, such as supermarkets, hypermarkets, and specialty shops, will continue to be important sites of sale for food wrapping paper. Manufacturers will probably work together with these shops to guarantee prominent shelf placement and visibility.
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The offline segment was the largest and was valued at USD 2.61 billion in 2018. Wholesale distribution channels, which serve larger-scale enterprises like restaurants, cafes, and catering services, will continue to be essential middlemen. These channels include packaging suppliers and distributors. Manufacturers, distributors, and prospective customers can engage face-to-face at trade shows and industry exhibits, which will promote relationship-building and allow for the display of new products. The food wrapping paper industry will continue to rely heavily on offline channels for relationship-based business transactions, quick procurement demands, and tactile product assessments, even though online channels will increase significantly due to convenience and easy return aspects. These factors will drive the growth of the global food wrapping paper market moderately during the forecast period.
Based on type, the market has been segmented into kraft paper, greaseproof paper, and coated paper. The kraft paper segment will account for the largest share of this segment. Kraft paper is produced from chemical pulp using the kraft process. The kraft process removes most of the lignin present originally in the wood and makes the kraft paper stronger than other papers produced using other pulping processes, such as acidic sulfite processes. Kraft paper is available in various forms, such as unbleached, natural brown, heavy-duty, and bleached white. Further, the wide range of applications of kraft paper will fuel the growth of the global food wrapping paper market during the forecast period. Reynolds Consumer Products, WestRock Co., Hanrun Paper Industrial Co. Ltd., and Mondi Plc are some of the major companies offering kraft paper for food wrapping. Such factors fuel the segment growth which in turn drives the market growth during the forecast period.
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North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The food wrapping paper market in North America is well-established and is expected to grow linearly during the forecast period. The US is the primary contributor to the market growth and forecasting of the regional market, with many restaurants and fast-food chains. The changing lifestyle of customers, coupled with the increased consumption of fast foods and packaged foods, is likely to fuel the growth of the food wrapping paper market in North America. Mexico and Canada have a growing foodservice market with the presence of many types of restaurants and hotels.
For instance, in March 2022, Domino Pizza Inc. announced a net store growth of 468 stores, of which 89 were in the US and 379 net international store openings in the fourth quarter of the fiscal year 2021. An increase in the number of restaurants and fast-food chains will simultaneously result in a rise in the demand for packaging products such as food wrapping paper during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Alpha Carbonless Paper Mfg. Co. Pvt. Ltd. - The company offers food wrapping paper products such as Food Wrapping paper and Eco wraps, Grease proof paper.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including Alpha Carbonless Paper Mfg. Co. Pvt. Ltd., Amcor Group GmbH, Anchor Packaging LLC, Bees Wrap LLC, Constantia Flexibles Group GmbH, delfortgroup AG, Hanrun Paper Industrial Co. Ltd., Huhtamaki Oyj, KRPA Holding CZ AS, Mondi Plc, Nordic Paper AS, Oji Holdings Corp., Pudumjee Paper Products Ltd., Reynolds Consumer Products, Sappi Ltd., Seaman Paper Co., The Clorox Co., Twin Rivers Paper Co., United Papers, and WestRock Co.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report encompasses the entire market adoption cycle, ranging from the initial innovator phase to the subsequent laggard stage. It emphasizes adoption rates across various regions, determined by penetration levels. Additionally, the report outlines essential purchasing factors and factors influencing price sensitivity. This aids companies in assessing and formulating effective market growth analysis strategies.
Global Food Wrapping Paper Market Customer Landscape
The food wrapping paper market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and market research and growth opportunities from 2018 to 2028.
Food Wrapping Paper Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Market forecasting period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.23% |
Market Growth 2024-2028 |
USD 1.32 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.75 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 35% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alpha Carbonless Paper Mfg. Co. Pvt. Ltd., Amcor Group GmbH, Anchor Packaging LLC, Bees Wrap LLC, Constantia Flexibles Group GmbH, delfortgroup AG, Hanrun Paper Industrial Co. Ltd., Huhtamaki Oyj, KRPA Holding CZ AS, Mondi Plc, Nordic Paper AS, Oji Holdings Corp., Pudumjee Paper Products Ltd., Reynolds Consumer Products, Sappi Ltd., Seaman Paper Co., The Clorox Co., Twin Rivers Paper Co., United Papers, and WestRock Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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