Food Contact Paper Market Share

  • Report ID: 3056
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Food Contact Paper Market Share

Regionally, the global food contact paper market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific industry is poised to account for largest revenue share by 2036, led by growing food and beverages industry, coupled with ban on single-use plastics among various nations in the region. Moreover, the increasing demand for packaged food products backed by the growing population, is anticipated to encourage the market growth. The market in the North America region is also estimated to witness significant share in the market over the forecast period, owing to rising demand for ready-to-eat foods and fast food along with the growing awareness about environment conservation.

 

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Author Credits:  Abhishek Anil


  • Report ID: 3056
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising demand for safe food packaging solutions is the major factor driving the market growth.

The market is anticipated to attain a considerable CAGR over the forecast period, i.e., 2021-2029.

Risk of spreading virus and bacteria through the paper is one of the factors estimated to hamper the market growth.

The market in Asia Pacific is estimated to garner the largest market share owing to the growing food & beverages manufacturing sector in the region.

The major players in the market are The WestRock group, Asia Pulp & Paper Group (APP), Seaman Paper Co., SCG Packaging Public Company Limited, Pudumjee Paper Products Limited, BPM Inc., KRPA Holding, and others.
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