Food Contact Paper and Board Market Outlook
Food contact paper and board are versatile materials used for packaging food items. They can be made from natural fibers or be recycled from recovered materials. Paper and board have a low molecular weight and are designed with permeable barriers against external factors, such as dust, moisture, air, and grease.
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.
Some of the common contact materials available in the market include corrugated boards, wrapping papers, folding cartons, cup stock boards, and paper bags.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Food Contact Paper and Board Market Trends:
The global food contact paper and board market is primarily being driven by the increasing inclination towards lightweight packaging solutions to minimize storage and transportation costs. Additionally, the growing environmental concerns have led governments of various nations to implement favorable policies to promote contact paper and boards as an alternative for aluminum and plastic packaging materials. Moreover, the increasing awareness regarding health care among consumers has led to a rise in the demand for hygienically packaged food products, which is creating a positive outlook for the market.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
The report has also analysed the competitive landscape of the market with some of the key players.
- Anchor Packaging Inc.
- Ball Corporation
- Bischof + Klein SE & Co. KG
- Georgia-Pacific LLC
- Huhtamaki Oyj
- Huntsman Corporation
- International Paper Company
- Intertek Group
- Mondi Plc.
- Nippon Paper Group
- Sonoco Products
Food Contact Paper and Board Market Segmentation:
The 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 Restaurants
- 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 (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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