Market Overview:

The global food contact paper and board market reached a value of US$ 55.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 75.5 Billion by 2027, exhibiting a CAGR of 5.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different use industries. These insights are included in the report as a major market contributor. 

Food contact paper and board, or food contact materials (FCMs), refer to the packaging products used during processing, preparation, storing, serving and consumption of edible products. These packaging products are designed for convenient food storage and ease in food serving and disposal, along with protecting the contents from contaminants, such as air, dust, moisture and grease. Corrugated boards, folding cartons, wrapping paper, paper bags and cup stock boards are the most common types of food contact materials available in the market. They are majorly used for packing bakery products, groceries, beverages, ready-to-eat meals and dairy products.

The growing food and beverage industry represent as one of the key factors driving the growth of the market. Furthermore, the implementation of favorable policies promoting the use of paper-based contact paper and boards as an alternative for plastic and aluminum packaging materials is acting as another growth-inducing factor. Owing to growing environmental consciousness and enhanced focus on the sustainable way of living, consumer preferences are rapidly shifting toward bio-degradable and compostable food packaging products. Additionally, the growing demand for ready-to-eat and packed foods, along with a significant increase in the number of fast-food serving cafes, restaurants and hotels, is also creating a positive outlook for the market growth. With evolving lifestyles and increasing preference for hygienic foods, several brands and companies are opting for food-grade contact papers and boards, which are utilized for safe distribution and transportation of food products. Other factors, including rapid urbanization and extensive research and development (R&D) activities, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global food contact paper and board market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, paper weight, product type, application and end-use sector.

Breakup by Type:

• Non-Poly Coated and Board
• Poly Coated and Board
   

Breakup by Paper Weight:

• Up to 30 GSM
• Between 30-50 GSM
• Above 50 GSM
   

Breakup by Product Type:

• Corrugated and Folding Cartons
• Kraft Paper
• Wrapping Paper
• Others
   

Breakup by Application:

• Bakery Products
• Dry Groceries
• Ready Meals
• Non-liquid Dairy Products
• Others
   

Breakup by End-Use Sector:

• Hotels and Restraunts
• Bakeries and Cafes
• Fast Food Joints
• Cinema Halls
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Anchor Packaging Inc., Ball Corporation, Bischof + Klein SE & Co. KG, Georgia-Pacific LLC, Huhtamäki Oyj, Huntsman Corporation, International Paper Company, Intertek Group, Mondi Plc., Nippon Paper Group, Sonoco Products, etc.

Report Coverage: