Market Forecast by Type (kraft paper, greaseproof paper and coated paper), by End User (Airline and Railway Catering, Fast Food Outlets, Restaurants, Cafes, Hotels and Cinemas, Institutional), By Regions (North America, Latin America, Europe, Asia Pacific, Africa and Middle East) and Competitive Landscape
Product Code: ETC054710 | Publication Date: Mar 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Global Food Wrapping and Packaging Paper Market |
Forecast period | 2025-2031 |
Market Size | USD 4.5 billion by 2031 |
CAGR | 9% |
Growing Sector | Food delivery and Takeaway |
Food Wrapping and Packaging Paper Market report thoroughly covers the By Type, By End User, and By Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Food Wrapping and Packaging Paper Market has been experiencing significant growth, with an estimated market size of USD 2.3 billion in 2023. This expansion is primarily due to the increasing demand for sustainable and biodegradable packaging solutions across industries such as food and beverages and retail. The market is projected to grow at a compound annual growth rate (CAGR) of 9% from 2025 to 2031. The emphasis on reducing plastic usage and the adoption of eco-friendly materials are major drivers contributing to the Food Wrapping and Packaging Paper Market size, with forecasts suggesting the market could surpass USD 4.5 billion by 2031.
Food Wrapping and Packaging Paper market is witnessing robust expansion due to increasing consumer preference for sustainable packaging solutions and the growing food delivery industry. The Food Wrapping and Packaging Paper industry is supported by a shift towards eco-friendly materials, driven by rising environmental concerns. Expanding urbanization and increasing demand for convenience foods have further propelled the market size. Moreover, stringent government regulations promoting biodegradable packaging play a crucial role in market dynamics. Continuous innovation in packaging designs and materials contributes significantly to the sector's development. As consumer awareness of hygiene grows, the market's relevance continues to strengthen. Rapidly expanding retail chains and the fast-food sector also support the market's steady growth. Increasing investment in the development of high-strength and lightweight paper adds further potential. The global push for a circular economy further emphasizes the market's role in sustainable packaging.
According to 6Wresearch, the Food Wrapping and Packaging Paper Market revenue is expected to reach at a significant CAGR of 9% during the forecast period 2025-2031. Food Wrapping and Packaging Paper market growth is propelled by multiple factors. The increasing consumer inclination towards sustainable products significantly boosts the Food market share, as eco-conscious buyers prefer biodegradable and compostable materials. Rising demand from the food delivery and takeaway segment also fuels the market size, ensuring consistent growth. The shift towards ready-to-eat and processed foods contributes to higher demand for quality packaging solutions. Stringent regulations requiring the use of safe and hygienic materials further enhance the market's scope.
Technological advancements in paper coating and design have improved durability and moisture resistance, adding to the market's appeal. Additionally, expanding global food exports demand innovative wrapping and packaging solutions. The increasing influence of sustainability on consumer choices drives manufacturers to innovate continuously. Growth in the hospitality and catering industries also supports this market's advancement. The rise of eco-conscious brands adopting sustainable packaging contributes to market visibility. The growing focus on recyclable packaging is another critical driver. Increasing public and private sector collaboration encourages market growth.
However, apart from this, the market faces significant challenges despite its steady growth trajectory. Volatility in raw material prices directly affects the Food Wrapping and Packaging Paper market size, increasing production costs for manufacturers. Limited awareness among small-scale food vendors about sustainable packaging reduces penetration of the industry. Strict government regulations require continuous adaptation to changing compliance standards, posing an operational burden on manufacturers.
Supply chain disruptions impact the timely availability of quality raw materials. Competition from plastic alternatives, particularly in price-sensitive markets, creates additional hurdles. Furthermore, limited recycling infrastructure in developing countries slows the transition towards sustainable packaging. Smaller market players struggle with economies of scale, hindering profitability. Consumer reluctance to pay a premium for eco-friendly products remains a challenge. Rising environmental regulations add compliance costs. The lack of standardization in packaging requirements across regions creates operational inefficiencies. Challenges in achieving high durability and water resistance with eco-friendly paper also hinder adoption.
The market is characterized by several emerging trends shaping its future. A key trend is the increasing adoption of recycled and biodegradable paper materials, supporting the market share in sustainability-driven sectors. Innovations such as moisture-proof and grease-resistant coatings are gaining traction, enhancing usability in diverse food applications. The rise in online food delivery services has led to the development of lightweight yet durable packaging. Growing consumer preference for attractive packaging designs has prompted manufacturers to invest in aesthetically appealing solutions.
Increasing integration of anti-microbial coatings in food wrapping paper ensures better food safety standards. A notable trend is the focus on producing cost-effective packaging for small-scale food vendors, expanding the Food Wrapping and Packaging Paper industry to underserved segments. The use of digital printing for branding purposes has also become prominent. Eco-friendly branding through minimalistic designs is gaining consumer attention. The shift towards zero-waste packaging is shaping industry dynamics.
Food Wrapping and Packaging Paper market presents lucrative investment opportunities, driven by its alignment with sustainability goals. The growing demand for biodegradable and compostable materials offers a chance to capture a significant portion of the Food Wrapping and Packaging Paper market share. Investing in advanced technologies for manufacturing greaseproof and waterproof wrapping paper can yield substantial returns. Developing packaging solutions tailored to e-commerce and online food delivery services expands market reach.
Entrepreneurs can focus on scalable production facilities, reducing dependency on imports while supporting the industry. Collaboration with food service providers can open new revenue streams. Research and development initiatives for smart and functional packaging options offer further investment potential. Expanding into emerging markets provides an untapped growth opportunity. Partnership with government and regulatory bodies for green initiatives ensures long-term sustainability. Investment in automation technologies to enhance efficiency is also promising.
Food Wrapping and Packaging Paper market hosts several prominent players shaping its competitive landscape. International Paper Company is a major contributor, offering high-quality paper products designed for the evolving needs of the industry. Mondi Group specializes in innovative and sustainable wrapping solutions, catering to both small-scale and large-scale food packaging needs. Smurfit Kappa Group excels in producing recycled paper-based packaging that aligns with consumer demand for sustainability.
WestRock Company focuses on integrating advanced technologies to create durable and efficient products for the Food Wrapping and Packaging Paper market size. These companies are at the forefront of innovation, helping to advance the industry's growth. Smaller players like UPM-Kymmene and Georgia-Pacific also bring value with niche solutions. Collaborative efforts in developing low-cost products are shaping market dynamics. Increased mergers and acquisitions among key players enhance global competitiveness.
Food Wrapping and Packaging Paper market operates under strict regulatory frameworks aimed at enhancing sustainability and safety. Policies such as the Sustainable Packaging Directive promote the use of biodegradable materials, supporting the market size. Food Contact Material Regulations mandate strict compliance for materials that come into direct contact with food, ensuring product safety and supporting the Food Wrapping and Packaging Paper industry. Incentives for adopting eco-friendly manufacturing practices also encourage the use of recyclable paper solutions. The Extended Producer Responsibility policy mandates that manufacturers take accountability for the life cycle of their packaging materials. Stricter policies on single-use plastic bans provide further opportunities for growth. Clear labeling standards ensure transparency and consumer trust in the market.
The market is poised for substantial advancements as sustainability takes center stage. The rising demand for recyclable materials will further expand the Food Wrapping and Packaging Paper market size, making it a key segment in the global packaging industry. Emerging technologies like antimicrobial coatings and smart packaging will redefine product standards and contribute to market evolution. The integration of IoT and QR codes in packaging enables better traceability and consumer engagement. Market players are expected to focus on achieving better cost-efficiency to cater to developing economies. Advancements in automation and AI-driven production processes will optimize manufacturing. Collaboration between private and public sectors will further accelerate innovation.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Parth, Senior Research Analyst, 6wresearch, Kraft paper is experiencing growing demand due to its eco-friendly and biodegradable properties. Its strength and durability make it ideal for wrapping and packaging various food items. Increasing consumer preference for sustainable packaging is further boosting its adoption.
Fast food outlets are driving growth in the food wrapping and packaging paper market globally. Rising demand for takeaway and delivery services has increased the need for disposable and sustainable packaging solutions. This trend is further supported by fast food chains adopting eco-friendly practices.
Asia Pacific is emerging as a key growth region for the food wrapping and packaging paper market. Rapid urbanization and a growing middle-class population are driving food delivery and quick-service restaurant demand. Governments in the region are also emphasizing sustainable packaging solutions.
The report offers a comprehensive study of the subsequent market segments:
By End User
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Food Wrapping and Packaging Paper Market Overview |
3.1. Global Country Macro Economic Indicators |
3.2. Global Food Wrapping and Packaging Paper Market Revenues, 2021 & 2031F |
3.3. Global Food Wrapping and Packaging Paper Market - Industry Life Cycle |
3.4. Global Food Wrapping and Packaging Paper Market - Porter's Five Forces |
3.5. Global Food Wrapping and Packaging Paper Market Revenue Share, By End User, 2021 & 2031F |
3.6. Global Food Wrapping and Packaging Paper Market Revenue Share, By Type, 2021 & 2031F |
4. Global Food Wrapping and Packaging Paper Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Food Wrapping and Packaging Paper Market Trends |
6. Global Food Wrapping and Packaging Paper Market, By End User |
6.1. Global Food Wrapping and Packaging Paper Market, By End User |
6.1.1. Overview and Analysis |
6.1.2. Global Food Wrapping and Packaging Paper Market Revenues, By Hotels, 2021 - 2031F |
6.1.3. Global Food Wrapping and Packaging Paper Market Revenues, By Restaurants, 2021 - 2031F |
6.1.4. Global Food Wrapping and Packaging Paper Market Revenues, By Cafes, 2021 - 2031F |
6.1.5. Global Food Wrapping and Packaging Paper Market Revenues, By Fast Food Outlets, 2021 - 2031F |
6.1.6. Global Food Wrapping and Packaging Paper Market Revenues, By Cinemas, 2021 - 2031F |
6.1.7. Global Food Wrapping and Packaging Paper Market Revenues, By Airline & Railway Catering, 2021 - 2031F |
6.1.8. Global Food Wrapping and Packaging Paper Market Revenues, By Insitutional, 2021 - 2031F |
6.2. Global Food Wrapping and Packaging Paper Market, By Type |
6.2.1. Overview and Analysis |
6.2.2. Global Food Wrapping and Packaging Paper Market Revenues, By Kraft Paper, 2021 - 2031F |
6.2.3. Global Food Wrapping and Packaging Paper Market Revenues, By Greaseproof Paper, 2021 - 2031F |
6.2.4. Global Food Wrapping and Packaging Paper Market Revenues, By Coated Paper, 2021 - 2031F |
7. Latin America Food Wrapping and Packaging Paper Market |
7.1. Latin America Food Wrapping and Packaging Paper Market, By End User |
7.1. Latin America Food Wrapping and Packaging Paper Market, By Type |
7.1. Latin America Food Wrapping and Packaging Paper Market, By Regions |
8. North America Food Wrapping and Packaging Paper Market |
8.1. North America Food Wrapping and Packaging Paper Market, By End User |
8.1. North America Food Wrapping and Packaging Paper Market, By Type |
8.1. North America Food Wrapping and Packaging Paper Market, By Regions |
9. Europe Food Wrapping and Packaging Paper Market |
9.1. Europe Food Wrapping and Packaging Paper Market, By End User |
9.1. Europe Food Wrapping and Packaging Paper Market, By Type |
9.1. Europe Food Wrapping and Packaging Paper Market, By Regions |
10. Middle East Food Wrapping and Packaging Paper Market |
10.1. Middle East Food Wrapping and Packaging Paper Market, By End User |
10.1. Middle East Food Wrapping and Packaging Paper Market, By Type |
10.1. Middle East Food Wrapping and Packaging Paper Market, By Regions |
11. Africa Food Wrapping and Packaging Paper Market |
11.1. Africa Food Wrapping and Packaging Paper Market, By End User |
11.1. Africa Food Wrapping and Packaging Paper Market, By Type |
11.1. Africa Food Wrapping and Packaging Paper Market, By Regions |
12. Asia Pacific Food Wrapping and Packaging Paper Market |
12.1. Asia Pacific Food Wrapping and Packaging Paper Market, By End User |
12.1. Asia Pacific Food Wrapping and Packaging Paper Market, By Type |
12.1. Asia Pacific Food Wrapping and Packaging Paper Market, By Regions |
13. Global Food Wrapping and Packaging Paper Market Key Performance Indicators |
14. Global Food Wrapping and Packaging Paper Market - Opportunity Assessment |
14.1. Global Food Wrapping and Packaging Paper Market Opportunity Assessment, By End User, 2021 & 2031F |
14.2. Global Food Wrapping and Packaging Paper Market Opportunity Assessment, By Type, 2021 & 2031F |
15. Global Food Wrapping and Packaging Paper Market - Competitive Landscape |
15.1. Global Food Wrapping and Packaging Paper Market Revenue Share, By Companies, 2024 |
15.2. Global Food Wrapping and Packaging Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
16. Company Profiles |
17. Recommendations |