Food Contact Specialty Paper Market With Geographic Segmentation, Statistical Forecast And Competitive Analysis Report To 2023

Market Overview:
The Global Food Contact Specialty Paper Market Is Expected To Grow At A Significant Growth Rate, And The Analysis Period Is 2022-2028, Considering The Base Year As 2021.

The packing, storing, and providing of food goods is a most inevitable component of the ever-expanding food industry. Food contact materials (FCM), which are defined as the materials and substances meant to come into touch with food, are a term that refers to a variety of packaging materials used for this purpose. Plastic has been the primary packaging material in the food industry for a very long time. The emergence of extremely sustainable and safe materials for food packaging, such as papers and boards, was prompted by worries about potential negative health consequences. Materials like polyethylene, or any other single-use plastic, are the main cause of food contamination.

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Market Dynamics
Driver:
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.

Opportunities:
A broad variety of food items offered by food outlets on these online ecommerce platforms and changing eating patterns have led to the growth of online food service companies like UberEats, Swiggy, Foodpanda, zomzto, WHYQ, etc. Contrary to touching frozen food surfaces, it has been discovered that virus particles from the mouth or nose enhance the risk of coronavirus infection. These results are assisting businesses in the food contact paper market to increase their incremental opportunities in the coming years.

The Report Will Contains A Crucial Chapter
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•Investment Analysis
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•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis

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Market Segmentation
By Type
•Kraft
•Recycled Kraft
•Coated
•Wax Impregnated
•Others

By Application
•Bakery & Confectionery
•Fresh Food
•Fast Food
•Dairy Products
•Others

By End User
•Hotels and Restaurants
•Bakeries and Cafes
•Fast Food Joints
•Others

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Regional Analysis In Food Contact Specialty Paper Market
North America Region is the Dominating Food Contact Specialty Market with the major market growth and largest consumption of the product. North American Countries like the United States and Canada with their urban population are leading the consumption of Fast food and Online delivered packaged food and grocery. Currently, America is the country with the widest availability of international cuisines and fast food restaurants the population residing in the country is also working and quite varied which is the driving factor for the popularity of packaged and ready-to-go food, also the mini and single-serve packs have gained a lot of fame in the region in last few years which is why the utilization of Food Contact Specialty Paper for such packaging is rising considerably.
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

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Key Players For The Global Food Contact Specialty Paper Market
•Mondi(UK)
•Yiwu Natural Paper Products Co. Ltd (China)
•Nippon Paper (Japan)
•Blue Mount Paper & Boards Limited (India)
•BPM Inc. (US)
•Pudumjee Paper Products (India)
•Zhejiang Jinchang Special Paper Co. Ltd. (China)
•Asian Pulp & Paper Company (Indonesia)
•Bobsen Paper Ware Co. Ltd. (Taiwan)
•Koehler Paper (Germany)
•Westrock Company (US)
•Sangal Papers Ltd. (India)
•LINTEC Corporation (Japan)
•Domtar (US)
•Sappi (South Africa) and Other Major Players.

Key Industry Development In The Food Contact Specialty Paper Market
In December 2022, Koehler Paper, part of the Koehler Group, is adding another product i.e., NexPure OGR, for use in the fast-food market to its flexible packaging paper portfolio. The company introduces the product by looking at the Consumer demand for sustainable products and packaging in the fast-food sector. The new Koehler NexPure OGR is an oil- and grease-resistant, sustainable paper to the market, which will be suitable for packaging foods such as fries, sandwiches, wraps, and burritos.

In April 2022, Mondi, a global leader in packaging and paper, launches packaging solutions at Anuga FoodTec in Germany. The company highlights the need for innovative packaging solutions in the fresh food industry by introducing two new recyclable packaging products - a paper-based tray and a semi-rigid plastic tray at Anuga FoodTec. These new launches i.e., PerFORMing Monoloop and Mono Formable PP will provide high-barrier food protection to aid in better supply chain.

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