.jpg)
The growing demand for sustainable packaging solutions propels the Food Contact Paper Market, as consumers and manufacturers embrace eco-friendly alternatives for food packaging. The SNS Insider report indicates that The Food Contact Paper Market size was USD 79.24 billion in 2023 and is expected to Reach USD 114.02 billion by 2031 and grow at a CAGR of 4.65% over the forecast period of 2024-2031. The food contact paper market is witnessing substantial growth, fueled by the increasing demand for sustainable packaging solutions, stringent food safety regulations, and changing consumer preferences. Food contact paper, also known as food-grade paper, is specifically designed and manufactured to come into direct contact with food products without compromising their safety, quality, or taste. With the rising awareness about environmental issues and plastic pollution, there is a growing shift towards paper-based packaging materials in the food and beverage industry, driving the demand for food contact paper.
One significant trend shaping the food contact paper market is the adoption of eco-friendly and biodegradable paper packaging solutions. As consumers become more conscious of their environmental footprint, brands and manufacturers are transitioning away from traditional plastic packaging towards paper-based alternatives. Food contact paper offers a sustainable option for single-use food packaging, takeaway containers, cups, and wrappers, providing a renewable and compostable alternative to conventional plastic packaging materials.
Request for Sample Report @ https://www.snsinsider.com/sample-request/3508
KEY PLAYERS
l Mondi Plc
l UPM Global
l KRPA PAPER
l SCG Packaging PCL
l Seaman Paper Company
l BPM Inc
l Twin Rivers Paper Company
l Westrock Company
l Asian Pulp & Paper Company
l Nordic Paper
l Other
Market Report Scope:
Food contact paper, including kraft paper, greaseproof paper, and parchment paper, plays a vital role in food packaging, ensuring the safety and quality of food products. With a focus on sustainability, the paper offers biodegradable and renewable packaging solutions. Modern treatments enhance paper's properties, making it suitable for various food applications. The rise of e-commerce and online food delivery services further drives demand, while health concerns regarding chemical compounds in packaging materials pose challenges for market growth.
Market Analysis:
The increasing demand for eco-friendly packaging drives market growth, with paper offering versatile, cost-efficient, and sustainable solutions. Features like biodegradability and recyclability make paper packaging essential for the food industry. Rising customer awareness and stringent environmental regulations propel the adoption of eco-friendly packaging, supporting market expansion.
Ask More…. @https://www.snsinsider.com/enquiry/3508
Segment Analysis:
by Type
l Greaseproof paper
l Parchment paper
l Kraft paper
l Glassine paper
by Application
l Dairy products
l Dry Groceries
l Liquid food and drinks
l Fresh Produce
l Takeaway and vending Food
l Others
By Type, Kraft paper dominated the food contact paper market in 2022, providing strong, long-lasting packaging solutions suitable for various applications.
In the application segment, fresh produce led the food contact paper market in 2022 as consumers prioritize eco-friendly grocery bags for carrying fruits and vegetables, reflecting growing environmental awareness.
Key Regional Development:
Asia Pacific led the market in 2022, driven by the growth of the food service industry and increasing demand for sustainable packaging solutions. North America is expected to witness significant growth from 2023-2030, fueled by technological advancements and changing consumer lifestyles, while Europe is projected to grow steadily due to rising awareness of sustainable packaging materials.
Key Takeaways:
· The Food Contact Paper Market is witnessing significant growth propelled by the increasing demand for eco-friendly packaging solutions and stringent regulations promoting sustainable practices.
· Kraft paper and fresh produce segments are leading the market, reflecting consumer preferences towards durable and environmentally friendly packaging options.
· Innovation and investment in sustainable packaging solutions by major players are shaping the future landscape of the food contact paper market.
Recent Developments:
· In October 2022, Mondi Plc invested in a new paper machine in the Czech Republic, capturing the demand for paper-based flexible packaging.
· Nordic Paper developed natural greaseproof papers without fluorochemicals in July 2022, offering sustainable alternatives for food packaging.
· Mondi launched Grow&Go, a range of consumer-friendly trays made from recyclable paper, reducing vegetable and fruit damage.
· Wipak UK announced plans to launch a recyclable paper wrap for butter in March 2022, reducing its carbon footprint.
· Twin Rivers Paper Company expanded its EcoBarrier product line in April 2021, supporting fast food service businesses' initiatives to phase out FC-based grease-proofing agents.
Related Reports:
Composite Packaging Market Trends
Carbon Nanotubes (CNT) Market Trends
Construction Chemicals Market Trends
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Contact Us:
Akash Anand – Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Comments