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Food Contact Paper Market - An Analysis of Projected Growth, Market Drivers and Emerging Trends

01-23-2025 09:12 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Food Contact Paper Market Size

Food Contact Paper Market Size

The food contact paper market journey to reach its milestone of $95.49 billion by 2029.

What Is The Projected Market Size Of The Global Food Contact Paper Market And Its Growth Rate?
The food contact paper market has made significant strides in its growth journey. Key statistics include:
• The market size was $73.95 billion in 2024.
• The market is expected to grow to $76.96 billion in 2025, generating a compound annual growth rate (CAGR) of 4.1%.
• The growth can be attributed to factors such as consumer safety concerns, market expansion in food packaging, innovation in barrier coatings, and sustainability initiatives.
• The market size is forecasted to reach $95.49 billion in 2029 with a CAGR of 5.5%.
• Future growth is expected due to digitalization in packaging, global food packaging growth, shift to bio-based materials, and sustainable packaging demands.

What Is Driving The Growth In The Food Contact Paper Market?
The increase in demand for bakery products is anticipated to be a significant driver of growth in the food contact paper market. Bakery products such as bread, cakes, pastries, and cookies require proper packaging to maintain their freshness and quality, leading to an increase in the use of food contact paper. For instance, PhilArchive estimates that by 2025, the consumption of bakery products will see a 40.4% increase compared to 2021. Thus, the growth in the bakery industry will propel the development of the food contact paper market.

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Who Are the Key Players Driving Food Contact Paper Market Growth?
The primary enterprises contributing to the food contact paper market growth are:
• Mondi plc
• Westrock Company
• Pudumjee Paper Products Ltd.
• Asian Pulp & Paper Company
• Ahlstrom-Munksjo Oyj
• Georgia-Pacific LLC
• Twin River Paper Company
• UPM-Kymmene Corporation
• Schweitzer-Mauduit International Inc.

What Are The Key Trends In The Food Contact Paper Market?
Major trends forecasted in the food contact paper market include:
• Antimicrobial properties inspiring new products in the market.
• A shift towards single-use packaging solutions.
• Increased transparency and labeling for consumer information.
• Stepping towards biodegradable and compostable materials.
• Customized and brand-specific packaging to enhance branding and appeal.

What Are The Segments Of The Global Food Contact Paper Market?
The food contact paper market can be broadly categorized into:
• By Type: Poly Coated, Non-Poly Coated
• By Material: Kraft Paper, Specialty Paper, Recycled Paper, Other Materials
• By Application: Bakery And Confectionery, Fresh Food, Dairy Products, Fast Food, Baby Food, Other Applications

Which Region Leads The Food Contact Paper Market?
North America had the most significant share in the food contact paper market in 2024. However, Asia-Pacific is projected to be the fastest-growing region during the forecast period. Other regions included in the report are Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Food Contact Paper Market Global Market Report?

- Market Size Analysis: Analyze the Food Contact Paper Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Food Contact Paper Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Food Contact Paper Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Food Contact Paper Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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