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Food Contact Paper and Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A2111
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Market Overview:
The global food contact paper and board market size reached US$ 58.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 79.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.43% during 2023-2028.
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.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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 report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, paper weight, product type, application and end-use sector.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- 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:
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- 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:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Type, Paper Weight, Product Type, Application, End-Use Sector, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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 and Sonoco Products |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global food contact paper and board market was valued at US$ 58.0 Billion in 2022.
We expect the global food contact paper and board market to exhibit a CAGR of 5.43% during 2023-2028.
The growing environmental concerns, along with the rising consumer inclination towards bio-
degradable and compostable food packaging products, are currently driving the global food contact paper and board market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for food contact paper and board, owing to the safe and hygienic distribution of food products to combat the risk of coronavirus infection.
Based on the type, the global food contact paper and board market can be segregated into non-poly coated and board and poly coated and board, where non-poly coated and board currently accounts for the majority of the global market share.
Based on the paper weight, the global food contact paper and board market has been divided into up to 30 GSM, between 30-50 GSM, and above 50 GSM. Currently, up to 30 GSM paper weight exhibits a clear dominance in the market.
Based on the product type, the global food contact paper and board market can be categorized into corrugated and folding cartons, kraft paper, wrapping paper, and others. Among these, kraft paper holds the majority of the total market share.
Based on the application, the global food contact paper and board market has been segmented into bakery products, dry groceries, ready meals, non-liquid dairy products, and others. Currently, bakery products represent the largest market share.
Based on the end-use sector, the global food contact paper and board market can be bifurcated into hotels and restaurants, bakeries and cafes, fast food joints, cinema halls, and others. Among these, fast food joints currently account for the majority of the global market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global food contact paper and board market include 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.
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