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2025-2034 Food Contact Paper Market Roadmap: Insights for Competitive Advantage
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Food Contact Paper Market Size By 2025?
There has been a consistent increase in the size of the food contact paper market in the past few years. The market will experience a rise from $73.95 billion in 2024 to $76.96 billion in 2025 with a compound annual growth rate (CAGR) of 4.1%. The past growth can be traced back to factors such as concerns regarding consumer safety, development in the food packaging market, advancements in barrier coatings, sustainable actions, and consumer's inclination towards convenience.
How Big Is the Food Contact Paper Market Size Expected to Grow by 2029?
Anticipations are high for the food contact paper market, as it is projected to experience significant expansion in the forthcoming years. Predicted to increase to a sizeable "$95.49 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 5.5%, the catalysts for its escalation during the forecast period are manifold. Factors contributing to its evolution encompass growth in global food packaging, digitalization in packing techniques, a transition towards bio-based materials, and increased demand for sustainable packaging. Key trends expected to shape the future direction of this market include the introduction of antimicrobial properties, the rise of single-use packaging, increased transparency and labeling, biodegradable and compostable materials, as well as customized and brand-specific packaging.
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Which Key Market Drivers Powering Food Contact Paper Market Expansion and Growth?
The anticipated increase in demand for bakery items is predicted to boost the food contact paper industry's expansion in the future. When referring to "bakery products", it encompasses an extensive variety of foodstuffs that are baked in an oven; these include bread, cakes, pastries, cookies, muffins, croissants, and bagels. The bakery industry is one of the primary consumers of food contact paper, owing to the necessity for suitable packaging to preserve the freshness and quality of baked items such as bread, cakes, pastries, and cookies. For example, a report from the Canadian online organization, PhilArchive, in September 2022, predicted a 40.4% increase in bakery product consumption by 2025 compared to 2021, with a predicted surge in bun goods consumption by 32.3%. Hence, the escalating demand for baked goods is stimulating the growth of the food contact paper market.
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Which Fast-Growing Trends Are Poised to Disrupt the Food Contact Paper Market?
The food contact paper market is seeing a rise in sustainable packaging innovations. In April 2023, US-based Novolex launched Power Prep-laminated, insulated packaging made with non-fluorinated, grease-resistant paper. Its honeycomb structure enhances durability and ease of use in food assembly.
What Are the Emerging Segments in the Food Contact Paper Market?
The food contact paper market covered in this report is segmented -
1) By Type: Poly Coated, Non-Poly Coated
2) By Material: Kraft Paper, Specialty Paper, Recycled Paper, Other Materials
3) By Application: Bakery And Confectionery, Fresh Food, Dairy Products, Fast Food, Baby Food, Other Applications
Subsegments:
1) By Poly Coated: Polyethylene Coated Paper, Polypropylene Coated Paper
2) By Non-Poly Coated: Greaseproof Paper, Waxed Paper, Parchment Paper, Kraft Paper
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Who Are the Global Leaders in the Food Contact Paper Market?
Major companies operating in the food contact paper market include 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., SCG Packaging Public Company Limited, PT. Indah Kiat Pulp & Paper Tbk, Seaman Paper Company, Maesindo Indonesia, PT Parisindo Pratama, Harwal Group of Companies, Huhtamaki Oyj, International Paper Company, Smurfit Kappa Group, Stora Enso Oyj, Sappi Limited, Metsä Board Corporation, Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Daio Paper Corporation, Rengo Co. Ltd., Shandong Chenming Paper Holdings Limited, Fujian Liansheng Paper Industry Co. Ltd., Guangdong Guanhao High-Tech Co. Ltd., Lee & Man Paper Manufacturing Limited, Nine Dragons Paper (Holdings) Limited, Shanying International Holdings Co. Ltd., Shenzhen Jinjia Group Co. Ltd., GM Packaging Ltd, Superiorpaper Pty Ltd, KRPA Holding CZ a.s., Nordic Paper
Which are the Top Profitable Regional Markets for the Food Contact Paper Industry?
North America was the largest region in the food contact paper market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global food contact paper market report during the forecast period. The regions covered in the food contact paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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