Latest News- Food Wrapping Paper Market: Offline is expected to lead the Distribution Channel segment during 2024-2028

The Food Wrapping Paper Market is being driven by Growing demand for sustainable food packaging

The Food Wrapping Paper Market is expected to grow at a CAGR of 5.23% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1.32 billion. The food wrapping paper market is experiencing substantial growth due to the increasing preference for eco-friendly and sustainable packaging solutions across various industries. Manufacturers are responding to this trend by utilizing plant-based raw materials, such as grass, hemp, and bamboo, to produce food wrapping papers. For instance, Constantia Flexibles Group GmbH uses grass to create a hemp-free food wrapping paper, which is devoid of bleach and chemical treatments, and consumes minimal water during production. Hemp, in particular, is an effective raw material due to its ability to generate substantial waste during processing, which can be repurposed for creating hemp-based packaging products. The adoption of such sustainable practices is not only beneficial for the environment but also presents significant opportunities for businesses in the food wrapping paper market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Offline
  • Online
• Type
  • Kraft paper
  • Greaseproof paper
  • Coated paper
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for sustainable food packaging
• Growth of fast-food market
• Rise in food delivery and takeaway market

However, the market also witnesses some limitations, which are as follows:

• Increase in prices of raw materials for food wrapping paper
• Contamination of food during packaging
• Stringent regulations for use of food wrapping paper

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Market Scope in Food Wrapping Paper Market Research Report

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Research Analysis Overview

The Food Wrapping Paper Market encompasses various types of wrapping papers, including kraft paper, greaseproof papers, wax-coated papers, foil papers, and specialty papers made from polyethylene, polypropylene, poly vinyl chloride, and biodegradable materials. This market caters to the needs of fast food restaurants, food packaging, restaurants, hotels, cafes, and food service providers. Thickness and materials like Ethylene Vinylalcohol, Polyvinyl Chloride, aluminum, and paper-based solutions are considered based on the type of food being packaged, such as chicken, pizza, sandwiches, on-the-go products, and ready-to-eat items.

Market Research Overview

The Food Wrapping Paper Market is a significant segment of the larger Global Paper and Plastic Packaging Products and Materials Market, according to Technavio's industry analysis. Paper packaging, including kraft paper, greaseproof papers, wax-coated papers, and foil papers, offers advantages such as lightweight, biodegradability, and recyclability, making it an effective solution for preserving, protecting, and transporting various goods. Paper packaging categories consist of packaging boards, kraft paper, and other packaging papers. In contrast, plastics, utilized in food, beverage, oil, and other packaging, are valued for their performance, durability, and cost-effectiveness. Notable plastic materials include polyethylene, polypropylene, and polyvinyl chloride, tailored to the specific requirements of the product being transferred.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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