About Food Contact Paper
Food contact paper is those paper which comes into contact with food. It has low material consumption during manufacturing. It also helps in reducing the environmental impact as well as improving their shipping efficiency. Rising awareness regarding safe use in a wide range of food contact applications and increasing usage of food contact paper in various food products such as baking papers, filters, beverage cartons, tea bags, sacks, among others are some of the major factors which affect the growth of the market in future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The food contact market is highly fragmented with several major players such as Anchor Packaging Inc. (United States), Ball Corporation (United States), Bischof + Klein SE & Co. KG (Germany), among others Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Contact Paper market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Anchor Packaging Inc. (United States), Ball Corporation (United States), Bischof + Klein SE & Co. KG (Germany), Sharp Packaging Systems (United States), Huntsman Corporation (United States), DuPont (United States), SGS SA (Switzerland), Intertek Group plc (United Kingdom), Nordic Paper Holding AB (Sweden) and Smurfit Kappa Group (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Burrows Paper Corporation (United States), International Paper Co (United States), Cascades Inc. (Canada), PPG Industries, Inc. (United States) and Mondi Group (Austria).
Segmentation Overview
AMA Research has segmented the market of Global Food Contact Paper market by Type (Non-poly-coated and Poly-coated), Application (Bakery, Confectionery, Pasta, and Noodles, Convenience Foods, Daily Meals, Dairy Products, Fruits and Vegetables, Meat, Fish, and Poultry, Sauces, Dressings, and Condiments and Snacks and Side Dishes) and Region.
On the basis of geography, the market of Food Contact Paper has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Weight, the sub-segment i.e. Lighter Weight {50 lbs to 70 lbs} will boost the Food Contact Paper market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
One of the latest of this Market Is Increasing Usage of Food Contact Paper in Online Food Products
Market Growth Drivers:
Increasing their Use of Food Contact Papers Which are Made from Recycled Materials and Gradually Demanding Lightweight Packaging Materials Across the world
Challenges:
The problem regarding Volatility in prices of raw materials
Restraints:
Stringent Safety and Regulation Regarding the Food Contact Paper Guidelines for the Compliance of Paper & Board Materials May Acts as Restrain for Market
Opportunities:
Mounting demand from Emerging Market such as China, India, Brazil, among others
Market Leaders and their expansionary development strategies
In February 2023, Mill Rock Packaging Partners LLC, a specialty packaging growth platform and portfolio company of Mill Rock Capital, has announced the acquisition of Keystone Paper & Box Company, a leading specialty packaging company that has been providing custom folding carton manufacturing services for consumer and healthcare end markets since 1944.
In January 2019, the Archroma (United States) Company has launched new Food and Drug Administration approved oba aimed for food contact, which is made up of high-whiteness packaging and paper. Hence, this launched helped the company to expand its product portfolio.
According to the Coalition for Epidemic Preparedness Innovations (CEPI), that the manufactures Company should follow every proper guideline such as material for manufacturing the contact paper products. Hence, it may act a restraint for the market
Key Target Audience
Manufacturers of Food Contact Paper, Suppliers of Food Contact Paper, Wholesalers, distributors, and retailers of Food Contact Paper, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.