The food contact papers market size is expected to see strong growth in the next few years. It will grow to $99.4 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increased adoption of plant-based packaging, focus on recyclability and circular economy, rising demand for specialty papers, packaging solutions for e-commerce, consumer preferences for safe and healthy packaging. Major trends in the forecast period include technological innovations in coating materials, advancements in paper coating technologies, rising demand for sustainable packaging, innovations in barrier coatings, preference for convenience packaging.
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Segmentation & Regional Insights
The food contact papers market covered in this report is segmented –
1) By Material Type: Kraft Paper, Specialty Paper, Recycled Paper, Other Materials
2) By Thickness: Up to 30 GSM, 30-50 GSM, Above 50 GSM
3) By Application: Bakery And Confectionary Products, Dairy Products, Fresh Food, Fast Food, Baby Food, Other Applications
4) By End User: Hotels And Restaurants, Bakeries And Cafes, Fast Food Outlets, Movies And Cinemas, Airline And Railway Catering, Other End Users
Asia-Pacific was the largest region in the food contact paper market in 2023. The regions covered in the food contact papers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing consumer demand for sweets and chocolates is expected to propel the growth of the food contact papers market going forward. Sweets and chocolates refer to food items created by combining cocoa beans that have been roasted and ground with sugar powder and fat to form solid confectionery. Food contact papers are used as the primary packaging material for a variety of food products, including sweets and chocolate, baked goods, confections, meat, snacks, and grain. They provide a barrier between the food and the outside environment, protecting the food from contamination and preserving its freshness. For instance, in March 2022, according to a report shared by National Confectioners Association, a US-based trade organization that promotes chocolate, candy, gum and mints, sales of chocolate and sweets in the US increased by 11 % between 2020 and 2021. Additionally, confectionery retail sales were $36.9 billion overall in 2021 and were projected to reach $44.9 billion by 2026. Therefore, the rising demand for sweets and chocolate is driving the growth of the food contact papers market.
Key Industry Players
Major companies operating in the food contact papers market report are International Paper Company, WestRock Company, Amcor plc, Smurfit Kappa Group, Graphic Packaging Holding Company, Pactiv LLC, Moondi plc, SCG Packaging Public Company Limited., PT. Indah Kiat Pulp & Paper Tbk, Novolex Holdings Inc., Ahlstrom-Munksjo Oyj, Harwal Group, Schweitzer-Mauduit International Inc., Georgia-Pacific LLC, Duni AB, Nordic Paper Holding AB, Asia Pulp & Papers Pvt. Ltd., Pudumjee Paper Products Ltd., Seaman Paper Company, Twin River Paper Company Inc., KRPA Holding CZ a.s., Superiorpaper Pty Ltd., Honeymoon Paper Products Inc., GM Packaging (UK) Ltd., BPM Inc.
The food contact papers market report table of contents includes:
1. Executive Summary
2. Food Contact Papers Market Characteristics
3. Food Contact Papers Market Trends And Strategies
4. Food Contact Papers Market – Macro Economic Scenario
5. Global Food Contact Papers Market Size and Growth
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32. Global Food Contact Papers Market Competitive Benchmarking
33. Global Food Contact Papers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Food Contact Papers Market
35. Food Contact Papers Market Future Outlook and Potential Analysis
36. Appendix
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