Food Contact Paper and Board Market: Set to Explode and Reach US$ 79.6 Billion by 2028

IMARC Group, a leading market research company, has recently releases report titled “Food Contact Paper and Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global food contact paper and board market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the Food Contact Paper and Board Market?

The global food contact paper and board market size reached US$ 58.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 79.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.43% during 2023-2028.

What is Food Contact Paper and Board?

Food contact paper and board are versatile materials used for packaging food items. They can be made from natural fibres or be recycled from recovered materials. Paper and board have a low molecular weight and are designed with permeable barriers against external factors, such as dust, moisture, air, and grease. Some of the common contact materials available in the market include corrugated boards, wrapping papers, folding cartons, cup stock boards, and paper bags.

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What are the Growth Prospects and Trends in the Food Contact Paper and Board Industry?

The global food contact paper and board market is primarily being driven by the increasing inclination towards lightweight packaging solutions to minimize storage and transportation costs. Additionally, the growing environmental concerns have led governments of various nations to implement favorable policies to promote contact paper and boards as an alternative for aluminum and plastic packaging materials. Moreover, the increasing awareness regarding health care among consumers has led to a rise in the demand for hygienically packaged food products, which is creating a positive outlook for the market.

Who are the Key Players Operating in the Food Contact Paper and Board Market?

The report has also analysed the competitive landscape of the market with some of the key players.

Anchor Packaging Inc.
Ball Corporation
Bischof + Klein SE Co. KG
Georgia-Pacific LLC
Huhtamaki Oyj
Huntsman Corporation
International Paper Company
Intertek Group
Mondi Plc.
Nippon Paper Group
Sonoco Products

What is Included in Market Segmentation?

The report has categorized the market based on type, paper weight, product type, application and end-use sector.

Breakup by Type:

Non-Poly Coated and Board
Poly Coated and Board

Breakup by Paper Weight:

Up to 30 GSM
Between 30-50 GSM
Above 50 GSM

Breakup by Product Type:

Corrugated and Folding Cartons
Kraft Paper
Wrapping Paper
Others

Breakup by Application:

Bakery Products
Dry Groceries
Ready Meals
Non-liquid Dairy Products
Others

Breakup by End-Use Sector:

Hotels and Restaurants
Bakeries and Cafes
Fast Food Joints
Cinema Halls
Others

Regional Analysis:

North America (United States, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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Key Highlights of The Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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