Food Contact Paper and Board Market Size, Growth, Scope, Structure, Opportunity and Forecast 2021-2026
October 14, 2021
Looking forward, IMARC Group expects the global food contact paper and board market to grow at a CAGR of around 5% during the forecast period (2021-2026).SHERIDAN, WYOMING, UNITED STATES, October 13, 2021 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “Food Contact Paper and Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global food contact paper and board market reached a strong growth in 2020. Food contact paper and board are versatile materials used for packaging food items. They can be made from natural fibers or be recycled from recovered materials. Paper and board have a low molecular weight and are designed with permeable barriers against external factors, such as dust, moisture, air, and grease. Some of the common contact materials available in the market include corrugated boards, wrapping papers, folding cartons, cup stock boards, and paper bags.
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The global food contact paper and board market is primarily being driven by the increasing inclination towards lightweight packaging solutions to minimize storage and transportation costs. Additionally, the growing environmental concerns have led governments of various nations to implement favorable policies to promote contact paper and boards as an alternative for aluminum and plastic packaging materials. Moreover, the increasing awareness regarding health care among consumers has led to a rise in the demand for hygienically packaged food products, which is creating a positive outlook for the market. Looking forward, IMARC Group expects the global food contact paper and board market to grow at a CAGR of around 5% during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Anchor Packaging Inc.
Bischof + Klein SE & Co. KG
International Paper Company
Nippon Paper Group
Food Contact Paper and Board Market Segmentation:
Breakup by Type:
Non-Poly Coated and Board
Poly Coated and Board
Breakup by Paper Weight:
Up to 30 GSM
Between 30-50 GSM
Above 50 GSM
Breakup by Product Type:
Corrugated and Folding Cartons
Breakup by Application:
Non-liquid Dairy Products
Breakup by End-Use Sector:
Hotels and Restaurants
Bakeries and Cafes
Fast Food Joints
Breakup by Region:
North America (United States, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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