Global Food Contact Paper and Board Market Latest Trends and Analysis, Future Growth Study by 2032

The global food contact paper and board market reached a value of US$ 55.2 Billion in 2022. Looking forward, the market to reach US$ 75.5 Billion by 2027, exhibiting a CAGR of 5.4% during 2023-2032.

Food contact materials (FCMs), also known as food contact paper and board, are the packaging items used throughout the preparation, processing, storing, serving, and consumption of edible products. These packaging items are made to protect the contents from pollutants including air, dust, moisture, and grease while also allowing for convenient food storage, serving, and disposal. The most popular food contact materials on the market are corrugated boards, folding cartons, wrapping paper, paper bags, and cup stock boards. They are mostly used to pack dairy products, grocery items, bakery goods, and ready-to-eat meals.

One of the main drivers propelling the market's growth is the expanding food and beverage sector. Another aspect that stimulates growth is the establishment of favourable legislation encouraging the use of paper-based contact paper and boards as an alternative to plastic and aluminium packaging materials. Consumer tastes are quickly shifting towards biodegradable and compostable food packaging goods as a result of rising environmental awareness and increased focus on sustainable living. A good picture for market growth is also being created by the rising demand for ready-to-eat and packaged foods as well as a large rise in the number of establishments that provide fast food, including cafes, restaurants, and hotels.

Several brands and businesses are choosing to use food-grade contact sheets and boards, which are used for the secure distribution and transportation of food products, in response to changing lifestyles and rising consumer preference for hygienic meals. The market is anticipated to grow as a result of additional factors, such as rising urbanisation and significant research and development (R&D) efforts.

Food Contact Paper and Board market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

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The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Food Contact Paper and Board market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Food Contact Paper and Board manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Food Contact Paper and Board market covering all its essential aspects.

Global Food Contact Paper and Board Market: Segmentations

Global Food Contact Paper and Board Market: Major Players
SGS SA
International Paper Co
Nordic Paper Holding AB
Ball Corporation
Mondi Group
Anchor Packaging
Sharp Packaging
Intertek Group
Huntsman
Bischof + Klein
Burrows Paper
DuPont
Georgia-Pacific

Global Food Contact Paper and Board Market: By Types
Poly Coated Paper and Board
Non-Poly Coated Paper and Board

Global Food Contact Paper and Board Market: By Applications
Bakery, Confectionery, Pasta, and Noodles
Dairy Products
Fruits and Vegetables
Meat, Fish, and Poultry
Snacks and Side Dishes
Other

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Global Food Contact Paper and Board Market: Regional Analysis
The countries covered in the regional analysis of the Global Food Contact Paper and Board market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Food Contact Paper and Board market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Food Contact Paper and Board would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Food Contact Paper and Board Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

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