Food Contact Paper Market Global Size, Leading Players, Analysis, Sales Revenue and Forecast 2029
by Bharatikhade
Book Description
Food Contact Paper Market is anticipated to reach US$ 103.71 Bn. by 2029 from US$ 75.19 Bn. in 2022 at a CAGR of 4.7% during the forecast period.
Food Contact Paper Market Overview:
The Food Contact Paper market research provides a comprehensive insight into the competition, including the market share and company profiles of the world’s biggest rivals. The research scope covers a comprehensive examination of the Food Contact Paper Market, as well as the causes for variances in the industry’s growth across a variety of sectors.
Food Contact Paper Market Scope:
Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
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Food Contact Paper Market Dynamics:
Convenience and the use of high-performance materials in food packaging are two factors that are anticipated to support industry expansion. The market is anticipated to expand as a result of increased effectiveness in preventing content contamination and improved shelf life. Additionally, the industry is benefited by variables including rising disposable income, a growing population, and declining household sizes.
Food Contact Paper Market Segmentation:
by Type
Kraft paper
Specialty Paper
Recycled Paper
by Thickness
Up to 30 GSM
30-50 GSM
Above 50 GSM
by Application
Bakery & confectionary products
Dairy products
fresh Food
Fast Food
Baby Food
Others
by End-User
Hotels & restaurants
Bakeries & cafes
Fast Food outlets
movies & cinemas
Airline & railway catering
others
Food Contact Paper Market Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the Food Contact Paper market are as follows:
- Mondi Plc
- Twin River Paper Company
- Nordic Paper
- Schweitzer-Mauduit International, Inc.
- KRPA Holding CZ, a.s.
- SCG Packaging PCL
- Ahlstrom-Munksjo
- Harwal Group of Companies
- PT. Indah Kiat Pulp & Paper Tbk
- Asian Pulp & Paper Company
- Westrock Company
- Pudumjee Paper Products
- BPM Inc.
- Seaman Paper Company
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Food Contact Paper Market Regional Analysis:
Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Food Contact Paper market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.
COVID-19 Impact Analysis on Food Contact Paper Market:
End-user industries where Food Contact Paper are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for Food Contact Paper manufacturers, harming the Food Contact Paper market’s growth in 2020. End-user business demand for Food Contact Paper has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.
Key Questions Answered in the Food Contact Paper Market Report are:
In 2021, which segment accounted for the most share of the Food Contact Paper market?
What is the competitive landscape of the Food Contact Paper market?
What are the key factors influencing Food Contact Paper market growth?
In the Food Contact Paper market, which region has the most market share?
What will be the CAGR of the Food Contact Paper market during the forecast period (2022-2029)?
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