PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284252
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284252
According to Stratistics MRC, the Global Food Contact Paper Market is accounted for $77.02 billion in 2022 and is expected to reach $113.66 billion by 2028 growing at a CAGR of 6.7% during the forecast period. Food contact paper is any paper that is created, processed, served, or stored with the intention of coming into touch with a food product. One of the earliest packaging materials used for food packing is paper. Cellulose fibres, which are mostly obtained from wood, are used to make paper. Paper is considered a biodegradable and renewable resource since it is made from wood. Untreated paper is still widely used now a days, although it has extremely poor barrier characteristics and is exceedingly porous. Paper is therefore treated with coatings, fillers, coatings, and synthetic binders to meet the demands of contemporary packaging. The material's characteristics are improved by the physical and chemical processes, making it ideal for a variety of applications, including those involving interaction with meals that are liquid or semi fluid.
According to the National Bureau of Statistics of China, the growth of food packaging in China had increased by 32% by 2018, since 2013.
The e-commerce sector has experienced substantial expansion in recent years, and it is anticipated that this trend will continue in the foreseeable future. Demand for fresh fruit, dry foods, baked goods, liquid meals and drinks, and other items has dramatically grown on e-commerce platforms. Online meal delivery services like Licious, Swiggy, Foodpanda, UberEats, and others are disrupting the food sector by altering consumer eating patterns. Through these online meal delivery firms, consumers are placing orders for food and drinks, as well as meat, fish, and poultry goods. These businesses use food contact paper as a powerful marketing strategy to draw in new clients with their efficient, eco-friendly packaging.
Chemicals are frequently utilised during the production of food contact paper to enhance the packaging's functional qualities. Fast food packaging, cookware, and other food packaging materials frequently include chemical compounds, raising major health issues. Unknown chemicals that are utilised in food contact paper and have a negative impact on human health. It may be linked to major health issues like cancer, liver disease, weakened immune systems, problems with reproduction, and hormone imbalances.
During the projected period, the market is anticipated to be driven by the rising need for eco-friendly packaging. Paper is a flexible and affordable packaging material that may be used to transport, store, and protect a variety of food goods. The major companies in the food business are embracing sustainable packaging, and they are encouraging eco-friendly packaging for their food goods. This has a favourable effect on the market. Paper packaging can be altered to meet the demands of certain consumers or products. Due to qualities including the product's low weight, biodegradability, and recyclability, demand has increased.
Compared to alternative packaging materials like plastic, paper provides less of a barrier to air, light, and germs. As a result, when stored in mostly paper packaging, the objects it holds food products in particular have lower shelf life. Moreover, while there is a high biodegradation rate for paper, this only occurs in aerobic conditions or places where oxygen-breathing microorganisms break down paper components. In contrast, because it is resistant to degeneration when compacted, paper has a sluggish anaerobic biodegradation rate in settings without oxygen, such landfills are threatening the growth of the market.
All significant sectors experienced the detrimental effects of the COVID-19 pandemic in 2020, and the production of paper goods, especially food contact paper, was no exception. The limitations put in place by different governments in various nations disrupted supply chains, leading to a lack of raw materials, logistical difficulties, and a labour shortage, among other unprecedented difficulties. During the epidemic, the industries that produce paper products saw severe changes in demand. Businesses reported lower sales volume as a result of sudden closures ordered to stop the virus's spread during the pandemic's early stages.
The kraft paper segment is estimated to have a lucrative growth, due to its a sturdy and durable packaging option, kraft paper is a popular choice for food packing. Paper plates, bags, supermarket bags, wrapping paper, and other products are increasingly made from kraft paper. Because of this, the demand for bakery goods has surged in both papers. Compared to other typical papers, glassine paper has a high density. It is more durable than any other form of paper because of its high density.
The dry groceries segment is anticipated to witness the fastest CAGR growth during the forecast period. Dry groceries include things like sugar, wheat, rice, and so on. These dry goods are often packaged in Kraft paper or greaseproof paper. Liquid food and drink, bakery goods, takeout food, and vending machine food are anticipated to have strong market development after the dry grocery category. Due to its heat resistance and non-stick surface, parchment paper is the most used variety in the bread industry.
Asia Pacific is projected to hold the highest market share during the forecast period owing to the expansion of the food service sector in both developed and developing nations like China, India, and Japan. Additionally, the industry is being driven by consumers' and manufacturers' preference for sustainable and eco-friendly packaging options. Moreover, countries around Asia have begun to outlaw plastic packaging, there has been a change in the amount of paper used for food contact.
North America is projected to have the highest CAGR over the forecast period, due to important players operating. Moreover, new innovations in food packaging solutions, such as laminated and coated papers, are expected to accelerate market expansion by further preventing leaks. Due to changing consumer lifestyles and a rise in the need for environmentally friendly packaging in North America, the U.S. is anticipated to have the greatest market share for food contact paper throughout the forecast period.
Some of the key players profiled in the Food Contact Paper Market include Schweitzer-Mauduit International, Inc, Asian Pulp & Paper Company, SCG Packaging PCL, BPM Inc., UPM Global, Seaman Paper Company, Ahlstrom-Munksjo, KRPA PAPER, a.s., Mondi Plc, Nordic Paper, Twin River Paper Company, Harwal Group of Companies, Seaman Paper Company, Pudumjee Paper Products, Westrock Company and PT. Indah Kiat Pulp & Paper Tbk
In May 2023, Endangered Wildlife Trust and Mondi partner to map biodiversity footprints in South African forestry operations, the partnership aims to measure and consolidate Mondi South Africa's footprint for species and ecosystems and identify best practices for biodiversity management
In June 2022, SWM Launches Evolute Filtering Media, a Sustainable Alternative for Tobacco Filter Products, Manufacturers who wish to accelerate the delivery of sustainable and innovative solutions to meet ever-evolving consumer demands for environmentally friendlier products will benefit from SWM's research and development expertise.
In March 2022, SWM Expands Its Air Filtration Offerings for Facemask Applications with Delpore Advanced Filtration Media this reduction provides a more economic option for consumers, as well as increased comfort for all-day wear.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.