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
Market Size Value in US$ 68.6 billion in 2020 Market Size Value by US$ 97.8 billion by 2028 Growth rate CAGR of 4.7% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Food Contact Paper Market: Strategic Insights
| Market Size Value in | US$ 68.6 billion in 2020 |
| Market Size Value by | US$ 97.8 billion by 2028 |
| Growth rate | CAGR of 4.7% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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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
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.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Based on application, the global food contact paper market is segmented into bakery and confectionery, dairy products, fruits and vegetables, meat fish and poultry, and others. In 2020, the bakery and confectionery segment accounted for a significant revenue share. The food contact paper is being increasingly used in the bakery and confectionery sector which includes the usage of parchment paper in baking as it is heat-resistant and provides a non-stick surface to bake on. The common use of parchment paper is to eliminate the need for grease sheet pans and also allows a very rapid turnaround of batches of baked goods with minimal clean-up. Greaseproof paper is also an ideal solution for bakery items as it is able to withstand a wide range of environments, from hot oven to deep freezer & humidity.
On the basis of type, the greaseproof paper segment held the fastest CAGR in the food contact paper market for the forecast period. The paper is used for wrapping food items such as sandwiches, cheese, desserts, baked goods, and cold meats. The greaseproof paper will help in providing a grease-free method for transporting and handling oily foods. These papers are also recyclable as well as printable. The greaseproof paper is permeable to air and moisture, which makes it possible for the food inside the paper to breathe and steam and exhale excess moisture.
The fruit and vegetable segment is expected to grow at the fastest rate during the forecast period. There has been an increase use of kraft paper in various food contact paper packaging solutions for fruits and vegetables. It is being used as a vegetable box which is used for packaging and shipping of the vegetables and fruits as well as is used to produce embossed paper cushion pads for the packaging of vegetables and fresh fruit. Along with this, wax paper is also used for storing fruits and vegetables as the moisture retention capabilities of wax paper will keep the fruits and vegetables fresh for a longer period of time and will slow down their ripening and spoilage rate.
Kraft paper is basically a paper or paperboard which is being produced from the chemical pulp through kraft papers. The natural kraft papers have pure virgin fibers which makes it an ideal food contact packaging solution. Kraft paper is being increasingly used for manufacturing various food contact papers including paper bags, paper sacks, wrapping paper, and paper plates. Natural kraft paper is also being increasingly used as a grocery bag for fresh fruits and vegetables which is due to its high strength.
The major key players operating in the global food contact paper market include 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 and SK Hynix Inc.
The Asia Pacific dominated the global market. The region is expected to continue its dominance during the forecast period. The growing market penetration of the foodservice industry in recent years in the Asian countries is estimated to accelerate the food contact paper market growth in this region during the forecast period. Along with this, an increase in awareness about the environment is expected to result in increased demand for greener packaging solutions. Various initiatives taken by the government to ban plastic packaging in several Asian countries are also expected to accelerate the demand for eco-friendly and sustainable packaging solutions, which will increase the demand for food contact paper in the Asia Pacific. Along with this, the increasing presence of domestic and international players in the market has led to an increased focus of product quality and innovation, which will provide growth opportunities for the food contact paper market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Food Contact Paper Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing:
4.4.3 Distributors:
4.4.4 End Users:
5. Food Contact Paper Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 The expanding demand for recyclable and biodegradable paper
5.1.2 The growing demand for ready-to-eat (RTE) and packaged foods
5.2 Restraints
5.2.1 Higher market penetration by aluminum foil packaging
5.3 Market Opportunities
5.3.1 Product innovations in food contact paper
5.4 Future Trend
5.4.1 Rise in demand for aesthetic, customized food contact paper
5.5 Impact Analysis of Drivers and Restraints
6. Food Contact Paper – Global Market Analysis
6.1 Food Contact Paper Market Overview
6.2 Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Food Contact Paper Market Players
7. Food Contact Paper Market Analysis – By Type
7.1 Overview
7.2 Food Contact Paper Market, By Type (2020 and 2028)
7.3 Kraft Paper
7.3.1 Overview
7.3.2 Kraft Paper: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Greaseproof Paper
7.4.1 Overview
7.4.2 Greaseproof Paper: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Parchment Paper
7.5.1 Overview
7.5.2 Parchment Paper: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
8. Food Contact Paper Market Analysis – By Application
8.1 Overview
8.2 Food Contact Paper Market, By Application (2020 and 2028)
8.3 Bakery and Confectionery
8.3.1 Overview
8.3.2 Bakery and Confectionery: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Dairy Products
8.4.1 Overview
8.4.2 Dairy Products: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Fruits and Vegetables
8.5.1 Overview
8.5.2 Fruits and Vegetables: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Meat, Fish, and Poultry
8.6.1 Overview
8.6.2 Meat, Fish, and Poultry: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Mn)
9. Food Contact Paper Market – Geographic Analysis
9.1 Overview
9.2 North America: Food Contact Paper Market
9.2.1 North America: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Food Contact Paper Market, by Type
9.2.3 North America: Food Contact Paper Market, by Application
9.2.4 North America: Food Contact Paper Market, by Key Country
9.2.4.1 US: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Food Contact Paper Market, by Type
9.2.4.1.2 US: Food Contact Paper Market, by Application
9.2.4.2 Canada: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Food Contact Paper Market, by Type
9.2.4.2.2 Canada: Food Contact Paper Market, by Application
9.2.4.3 Mexico: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Food Contact Paper Market, by Type
9.2.4.3.2 Mexico: Food Contact Paper Market, by Application
9.3 Europe: Food Contact Paper Market
9.3.1 Europe: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Food Contact Paper Market, by Type
9.3.3 Europe: Food Contact Paper Market, by Application
9.3.4 Europe: Food Contact Paper Market, by Key Country
9.3.4.1 Germany: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Food Contact Paper Market, by Type
9.3.4.1.2 Germany: Food Contact Paper Market, by Application
9.3.4.2 France: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Food Contact Paper Market, by Type
9.3.4.2.2 France: Food Contact Paper Market, by Application
9.3.4.3 Italy: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Food Contact Paper Market, by Type
9.3.4.3.2 Italy: Food Contact Paper Market, by Application
9.3.4.4 United Kingdom: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 United Kingdom: Food Contact Paper Market, by Type
9.3.4.4.2 United Kingdom: Food Contact Paper Market, by Application
9.3.4.5 Russia: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Food Contact Paper Market, by Type
9.3.4.5.2 Russia: Food Contact Paper Market, by Application
9.3.4.6 Rest of Europe: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Food Contact Paper Market, by Type
9.3.4.6.2 Rest of Europe: Food Contact Paper Market, by Application
9.4 Asia Pacific: Food Contact Paper Market
9.4.1 Asia Pacific: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Food Contact Paper Market, by Type
9.4.3 Asia Pacific: Food Contact Paper Market, by Application
9.4.4 Asia Pacific: Food Contact Paper Market, by Key Country
9.4.4.1 Australia: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia: Food Contact Paper Market, by Type
9.4.4.1.2 Australia: Food Contact Paper Market, by Application
9.4.4.2 China: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 China: Food Contact Paper Market, by Type
9.4.4.2.2 China: Food Contact Paper Market, by Application
9.4.4.3 India: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 India: Food Contact Paper Market, by Type
9.4.4.3.2 India: Food Contact Paper Market, by Application
9.4.4.4 Japan: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 Japan: Food Contact Paper Market, by Type
9.4.4.4.2 Japan: Food Contact Paper Market, by Application
9.4.4.5 South Korea: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea: Food Contact Paper Market, by Type
9.4.4.5.2 South Korea: Food Contact Paper Market, by Application
9.4.4.6 Rest of Asia Pacific: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Food Contact Paper Market, by Type
9.4.4.6.2 Rest of Asia Pacific: Food Contact Paper Market, by Application
11. Impact of COVID-19 Pandemic on Global Food Contact Paper Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.6 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Product & Service Launch
12.2 Business Planning and Strategy
13. Company Profiles
13.1 Mondi
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Westrock Company
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Georgia-Pacific LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Twin River Paper Company
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 UPM
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ahlstrom-Munksjö
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 GM Packaging (UK) Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Superiorpaper Pty Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 TopCare
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 KRPA Holding CZ, a.s.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 3. North America Food Contact Paper Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 4. US Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 5. US Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Canada: Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. Europe Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 11. Europe Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 12. Germany Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 13. Germany Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. France Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 15. France Food Contact Paper Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 16. Italy Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 17. Italy Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 18. United Kingdom Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 19. United Kingdom Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Russia: Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 21. Russia: Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of Europe Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of Europe Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 24. Asia Pacific Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 25. Asia Pacific Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 26. Australia Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 27. Australia Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 28. China Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 29. China Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 30. India Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 31. India Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 32. Japan Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 33. Japan Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 34. South Korea Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 35. South Korea Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 36. Rest of Asia Pacific Food Contact Paper Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 37. Rest of Asia Pacific Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 38. Glossary of Terms, Global Food Contact Paper Market
LIST OF FIGURES
Figure 1. Food Contact Paper Market Segmentation
Figure 2. Food Contact Paper Market Segmentation – By Geography
Figure 3. Global Food Contact Paper Market Overview
Figure 4. Automotive Segment Held Largest Share of Global Food Contact Paper Market
Figure 5. North America Region Held Largest Share of Global Food Contact Paper Market
Figure 6. Global Food Contact Paper Market, Key Market Players
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem: Food Contact Paper Market
Figure 10. Global Food Contact Paper Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Food Contact Paper Market
Figure 12. Global: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Food Contact Paper Market Revenue Share, By Type (2020 and 2028)
Figure 14. Kraft Paper: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Greaseproof Paper: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Parchment Paper: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Others: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Food Contact Paper Market Revenue Share, By Application (2020 and 2028)
Figure 19. Bakery and Confectionery: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Dairy Products: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Fruits and Vegetables: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Meat, Fish, and Poultry: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Others: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Global Food Contact Paper Market Revenue Share, by Region (2020 and 2028)
Figure 25. North America: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Food Contact Paper Market Revenue Share, by Type (2020 and 2028)
Figure 27. North America: Food Contact Paper Market Revenue Share, by Application (2020 and 2028)
Figure 28. North America: Food Contact Paper Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. US: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: Food Contact Paper Market Revenue Share, by Type (2020 and 2028)
Figure 34. Europe: Food Contact Paper Market Revenue Share, by Application (2020 and 2028)
Figure 35. Europe: Food Contact Paper Market Revenue Share, by Key Country (2020 and 2028)
Figure 36. Germany: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 37. France: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Italy: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. United Kingdom: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Russia: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of Europe: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. Asia Pacific: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Asia Pacific: Food Contact Paper Market Revenue Share, by Type (2020 and 2028)
Figure 44. Asia Pacific: Food Contact Paper Market Revenue Share, by Application (2020 and 2028)
Figure 45. Asia Pacific: Food Contact Paper Market Revenue Share, by Key Country (2020 and 2028)
Figure 46. Australia: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 47. China: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. India: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 49. Japan: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. South Korea: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 51. Rest of Asia Pacific: Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Million)
Figure 52. Impact of COVID-19 Pandemic in North American Country Markets
Figure 53. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 54. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 55. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 56. Impact of COVID-19 Pandemic in South and Central America Country Markets
The List of Companies - Food Contact Paper Market
- 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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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