What is Global Food Wrapping Paper Market?
The Global Food Wrapping Paper Market is a vast and dynamic sector that encompasses the production, distribution, and consumption of paper used for wrapping food items. This market is not confined to a specific region or country but spans across the globe, catering to the needs of various food industries. The food wrapping paper is a crucial component in the food industry as it helps in maintaining the freshness, taste, and quality of the food products. It also plays a significant role in the presentation and marketing of food items. The global market for food wrapping paper is driven by factors such as increasing demand for packaged food, growing health consciousness among consumers, and stringent regulations regarding food safety. The market is also influenced by trends such as eco-friendly packaging and innovative packaging designs. However, the market faces challenges such as environmental concerns related to paper production and disposal, and competition from alternative packaging materials. Despite these challenges, the global food wrapping paper market is expected to grow steadily in the coming years, thanks to the increasing consumption of packaged food worldwide.
< 30 gsm, 30-50 gsm, > 50 gsm in the Global Food Wrapping Paper Market:
The Global Food Wrapping Paper Market is segmented based on the weight of the paper, namely < 30 gsm, 30-50 gsm, and > 50 gsm. The < 30 gsm segment includes lightweight food wrapping papers that are typically used for wrapping small food items such as candies, chocolates, and snacks. These papers are thin and flexible, making them ideal for wrapping small and delicate food items. The 30-50 gsm segment includes medium-weight food wrapping papers that are used for wrapping larger food items such as sandwiches, burgers, and pastries. These papers are thicker and sturdier than the < 30 gsm papers, providing better protection and presentation for the food items. The > 50 gsm segment includes heavyweight food wrapping papers that are used for wrapping heavy and bulky food items such as meat, fish, and poultry. These papers are thick and robust, offering excellent protection and insulation for the food items. The demand for different types of food wrapping papers varies based on factors such as the type of food item, the size of the food item, and the specific requirements of the food industry.
Food Industry, Food Services in the Global Food Wrapping Paper Market:
The Global Food Wrapping Paper Market finds its usage predominantly in the Food Industry and Food Services. In the Food Industry, food wrapping paper is used for packaging various food items such as fruits, vegetables, meat, fish, poultry, dairy products, baked goods, and confectionery. The paper helps in preserving the freshness and quality of the food items, enhancing their shelf life. It also aids in the easy transportation and handling of food items, preventing any damage or contamination. In Food Services, food wrapping paper is used for serving and presenting food items in restaurants, cafes, bakeries, and other food outlets. The paper not only enhances the presentation of the food items but also ensures their hygiene and safety. The use of food wrapping paper in the Food Industry and Food Services is expected to increase in the future, driven by the growing demand for hygienic and eco-friendly food packaging solutions.
Global Food Wrapping Paper Market Outlook:
Looking at the market outlook, the Global Food Wrapping Paper Market was valued at a significant US$ 4909 million in 2023. The market is expected to witness a steady growth, reaching an estimated value of US$ 6272.7 million by 2030. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period from 2024 to 2030. This steady growth can be attributed to various factors such as increasing demand for packaged food, growing health consciousness among consumers, and stringent food safety regulations. Despite facing challenges such as environmental concerns and competition from alternative packaging materials, the Global Food Wrapping Paper Market is poised for a promising growth in the coming years.
| Report Metric | Details |
| Report Name | Food Wrapping Paper Market |
| Accounted market size in 2023 | US$ 4909 million |
| Forecasted market size in 2030 | US$ 6272.7 million |
| CAGR | 3.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Mondi Group, Stora Enso, Delfort Group, Smurfit Kappa Group, Georgia-Pacific, Twin Rivers Paper, Asia Pulp & Paper, Daio Paper, Oji Holdings, Gascogne, Verso Paper, Heinzel Group, Seaman Paper, Nordic Paper, KRPA Holding, BPM, Inc, Pudumjee Paper Products, Thai Paper Mill |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
