Food Wrapping Paper Market is to grow by USD 887.99 million from 2021 to 2026, Advanced Coated Products Ltd., Alpha Carbonless Paper Mfg. Co. Pvt. Ltd., Amcor Plc, and more among key companies- Technavio
NEW YORK, Oct. 30, 2023 /PRNewswire/ -- The food wrapping paper market is expected to grow by USD 887.99 million from 2021 to 2026. In addition, the growth momentum of the market will progress at a CAGR of 3.87% during the forecast period, according to Technavio. Growing demand for sustainable food packaging is notably driving the food wrapping paper market. However, factors such as an increase in the prices of raw materials may impede market growth. The market is segmented by Type (kraft paper, greaseproof paper, and coated paper) and Geography (North America, Europe, APAC, Middle East and Africa, and South America). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.
We provide a detailed analysis of 20 companies operating in the food wrapping paper market including Advanced Coated Products Ltd., Alpha Carbonless Paper Mfg. Co. Pvt. Ltd., Amcor Plc, Anchor Packaging LLC, Bees Wrap LLC, Constantia Flexibles Group GmbH, delfortgroup AG, Hanrun Paper Industrial Co. Ltd., Huhtamaki Oyj, KRPA Holding CZ AS, Mondi plc, Nordic Paper AS, Oji Holdings Corp., Pudumjee Paper Products Ltd., Reynolds Group Products Inc., Sappi Ltd., Seaman Paper Co., The Clorox Co., Twin Rivers Paper Co. Inc., and WestRock Co.
Food Wrapping Paper Market 2022-2026: Company Analysis
- Amcor Plc - The company offers food wrapping paper such as Flow Wrap which can be used to wrap beverage and dairy products.
This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information
Food Wrapping Paper Market 2022-2026: Segmentation
Type
- The market share growth by the kraft paper segment will be significant during the forecast period. Kraft paper is very elastic and has excellent resistance to tears, making it appropriate for packaging goods that demand exceptional strength and durability.
Geography
- 33% of the market's growth will originate from North America during the forecast period. The US is a major contributor to the market in the region. The growth of the region's food markets will be helped by a change in consumer behavior, with an increasing trend towards fast and packaged foods.
- North America, Europe, APAC, Middle East and Africa, and South America
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report
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The Paper and Paperboard Container and Packaging Market size in APAC is estimated to grow at a CAGR of 4.25% between 2022 and 2027. The market size is forecast to increase by USD 20.77 billion.
The Flexible Packaging Market size is estimated to grow at a CAGR of 4.82% between 2022 and 2027. The size of the market is forecast to increase by USD 54.42 billion.
Food Wrapping Paper Market Scope |
|
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.87% |
Market growth 2022-2026 |
USD 887.99 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.17 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key countries |
US, China, Japan, Germany, and the UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Advanced Coated Products Ltd., Alpha Carbonless Paper Mfg. Co. Pvt. Ltd., Amcor Plc, Anchor Packaging LLC, Bees Wrap LLC, Constantia Flexibles Group GmbH, delfortgroup AG, Hanrun Paper Industrial Co. Ltd., Huhtamaki Oyj, KRPA Holding CZ AS, Mondi plc, Nordic Paper AS, Oji Holdings Corp., Pudumjee Paper Products Ltd., Reynolds Group Products Inc., Sappi Ltd., Seaman Paper Co., The Clorox Co., Twin Rivers Paper Co. Inc., and WestRock Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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