Food Contact Paper Market to 2028 - Size, Growth and Forecast

The food contact paper market was valued at US$ 68.6 billion in 2020 and is projected to reach US$ 97.8 billion by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028.

Food contact papers are used as primary packaging materials for various food products, such as baked food, confectionery, meat, snacks, and grain mill products. The papers are sustainable alternatives to many other food packaging materials, such as plastic and glass. Growing initiatives by companies to reduce their carbon footprint are influencing the adoption of food contact paper across the world. The increase in demand for sustainable and eco-friendly food packaging has also increased the demand for food paper packaging.

In 2020, Asia Pacific dominated the global food contact paper market and is expected to continue its dominance during the forecast period. The growing foodservice industry in Asian countries, rising awareness about the environment, increasing government initiatives to ban plastic packaging in several Asian countries are expected to accelerate the demand for eco-friendly and sustainable packaging solutions, which would drive the growth of the food contact paper market in Asia Pacific.

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Food Contact Paper Market: Strategic Insights

Food Contact Paper Market

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  CAGR (2020 - 2028)

  4.7%
• Market Size 2020
  US$ 68.6 Billion
• Market Size 2028
  US$ 97.8 Billion

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• Mondi
• Westrock Company
• Georgia Pacific LLC
• Twin River Paper Company
• UPM
• Ahlstrom Munksj
• GM Packaging UK Ltd
• Superiorpaper Pty Ltd
• TopCare

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Kraft Paper
• Greaseproof Paper
• Parchment Paper

Application

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

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• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Many industries, such as the chemicals & materials industry, faced unprecedented challenges due to the COVID-19 pandemic. Due to the shortage of raw material and labor, shutdown of factories, and other operational difficulties under COVID-19 safety protocols, manufacturers of packaging products faced a contraction in sales during the initial months of the pandemic. Furthermore, the shift in the lifestyle of the consumers and their changing eating patterns have reduced the consumption of ready-to-use and outside food due to the virus spread, which has negatively affected the demand for food contact papers. However, as several countries are lifting the lockdown with proper precautionary measures, the demand for food contact papers is likely to back on track. As the lockdown was imposed in various countries, the e-commerce sector witnessed a significant demand for various products, such as packaged food and groceries including fresh vegetables and fruits, owing to the shutdown of offline stores, which fueled the utilization of food contact papers.

Market Insights

Expanding Demand for Recyclable and Biodegradable Packaging Solutions

The biodegradable and recyclable packaging has been an attractive alternative to single-use packaging options for both consumers and manufacturers. Food service packaging generates a significant amount of waste in landfills in the US. As per a report published by the United States Environmental Protection Agency, food waste and packaging account for the majority of the landfilled materials in the US. Since paper packaging is biodegradable, it is preferred over recyclable packaging. The use of recycled food packaging increases the chances of contamination, thereby potentially affecting the environment and human health. Increasing initiatives by governments across the world on the use of single-use plastic bags are propelling the demand for packaging solutions, which are recyclable yet sustainable, leading to an increased demand for food contact papers.

Type Insights

Based on type, the food contact paper market is segmented into kraft paper, greaseproof paper, parchment paper, and others. The kraft paper segment held the largest market share in 2020. The natural kraft papers have pure virgin fibers, which makes it an ideal food contact packaging solution. The paper is increasingly used for manufacturing various food contact paper products, such as paper bags, paper sacks, wrapping paper, and paper plates. Natural kraft paper is also increasingly used to make grocery bags for fresh fruits and vegetables due to its high strength.

Mondi; Westrock Company; Georgia-Pacific LLC; Twin River Paper Company; UPM; Ahlstrom-Munksjö; GM Packaging (UK) Ltd; Superiorpaper Pty Ltd. TopCare; and KRPA Holding CZ, a.s. are among the key players operating in the food contact paper market. Major market players are adopting strategies such as mergers & acquisitions and product launches to expand their geographic presence and consumer base.  

Report Spotlights

• Progressive trends in the food contact paper industry to help players develop effective long-term strategies
• Business growth strategies adopted by companies to secure growth in developed and developing markets
• Quantitative analysis of the global food contact paper market from 2019 to 2028
• Estimation of the demand for food contact paper across various industries
• Porter analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the competitive market scenario and the demand for food contact paper  
• Market trends and outlook coupled with factors driving and restraining the growth of the food contact paper market
• Understanding regarding the strategies that underpin commercial interest with regard to global food contact paper market growth, aiding in the decision-making process
• Float glass market size at various nodes of market
• Detailed overview and segmentation of the global food contact paper market as well as its industry dynamics
• Food Contact Paper market size in various regions with promising growth opportunities

Food Contact Paper Market Report Scope

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• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Food Contact Paper Market, by Type

• Kraft Paper
• Greaseproof Paper
• Parchment Paper
• Others

Food Contact Paper Market, by Application

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

Company Profiles

• Mondi
• Westrock Company
• Georgia-Pacific LLC
• Twin River Paper Company
• UPM
• Ahlstrom-Munksjö
• GM Packaging (UK) Ltd
• Superiorpaper Pty Ltd
• TopCare
• KRPA Holding CZ, a.s.