Europe Food Contact Paper Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Kraft Paper, Greaseproof Paper, Parchment Paper, and Others), Application (Bakery and Confectionery, Dairy Products, Fruits and Vegetables, Meat Fish and Poultry, and Others)

The Europe food contact paper market is expected to reach US$ 20.0 billion by 2028 from US$ 14.4 billion in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021–2028.

As consumers are becoming increasingly inclined towards high quality ingredients and convenience, fast casual restaurant chains such as Panera Bread and Chipotle Mexican Grill have been swiftly rising. The growth in fast food chains is one of the biggest driving factors of food contact paper market as the segment acquires a significant market share. Hectic schedules of consumers, combined with a change in lifestyles, are leading to a rise in the consumption of packaged food, especially ready-to-eat meals. The growing demand for handheld breakfast and frozen pizza is causing a surge in the RTE meals market. These products are typically marketed as inexpensive, high-quality products with retained freshness. This has led to the immense popularity of RTE in Europe, leading brands to strategically drive their growth through expansion and targeted marketing. Moreover, innovation in food products has further aided the market growth for packaged foods. For instance, Sunbasket offers DIY meal kits with Mediterranean, gluten-free, diabetes-friendly, paleo, and vegan options. Moreover, Whitworths introduced plant-based RTE meals for vegan consumers made from wheat berries, lentils, quinoa, and pinto beans. Various brands have also introduced preservative-free, low-sodium, and low-calorie RTE meals for fitness-savvy consumers.

The COVID-19 outbreak has also affected the supply chain of raw materials required for the food and beverage industry to a greater extent, which has eventually hampered the overall manufacturing processes and research and development activities, thereby impacting the food contact paper market growth. The restaurants in Europe have been reopening amid the challenging conditions such as safety concerns, reduction in seating capacity, and infection waves. The food and beverage industry was largely affected in Italy amid the pandemic as the death toll remained high in the country in 2020. Germany had relatively stronger recovery as the country started taking reservation for diners in 2020. The region is expected to witness a strong overall recovery as the governments bodies in the region have initiated action plans for adoption of digitalization technologies. The region consists of many developed countries that are equipped with resources required to overcome the challenges faced amid the pandemic outbreak and is hence expected to witness growth for food contact paper market over forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the food contact paper market. The Europe food contact paper market is expected to grow at a good CAGR during the forecast period.

Europe Food Contact Paper Market Revenue and Forecast to 2028 (US$ Billion)

Europe Food Contact Paper Market Segmentation           

 

By Type

• Kraft Paper
• Greaseproof Paper
• Parchment/Wax Paper
• Others 

By Application

• Bakery and Confectionery
• Dairy Products
• Fruits and Vegetables
• Meat, Fish, and Poultry
• Others

By Country

• Europe
• Germany
• UK
• France
• Russia
• Italy
• Rest of Europe

Companies Mentioned

• Mondi
• Westrock Company
• Upm
• Ahlstrom-Munksjö
• Krpa Holding Cz, A.S.      
• GM Packaging (UK) Ltd   

Europe Food Contact Paper Report Scope

1. MONDI
2. WESTROCK COMPANY
3. UPM
4. AHLSTROM-MUNKSJÖ
5. KRPA HOLDING CZ, A.S.
6. GM Packaging (UK) Ltd

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe food contact paper market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Europe food contact paper market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.