Product Code: ETC028847 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore is one of the most developed countries in terms of food packaging and wrapping paper. The country has witnessed a surge in demand for convenient, safe, and hygienic food packaging solutions over the past few years. This is due to rising awareness about healthy eating habits among consumers as well as increasing adoption of on-the-go meals. Furthermore, eco-friendly substitute products are also gaining traction among consumers as an alternative to traditional plastic packaging materials. Thus, this trend is likely to drive the market growth during the forecast period (2020???2026).
The growing convenience food industry driven by busy lifestyles and hectic schedules has been driving demand for pre-packaged foods across Singapore which will further spur growth within the food wrapping and packing paper market. Additionally, health consciousness amongst people regarding hygiene has led them towards opting for durable paper wraps that keep their edibles fresher longer with minimum spillage risk resulting in increased product sales worldwide. In addition to these factors, technological advancements have enabled manufacturers to develop new types of designs such as stripe patterns or floral prints that can be used on various textures including metallic surfaces which makes it attractive for multiple applications from fast food restaurants serving burgers or wraps to bakeries selling cakes or pies.
High cost associated with production & procurement along with lack of consumer knowledge & awareness pertaining efficient use & disposal techniques related to wrapping papers are some challenges faced by companies operating in this space which may hamper its widespread adoption however certain government initiatives like ???Go Green??? campaign launched by National Environment Agency would help sustain a balance between environment protection while allowing manufacturers sell at competitive prices thereby boosting marketing penetration levels over upcoming years
Leading players operating in the Singapore food wrapping and packaging paper market include International Paper Company, Mondi Plc., Stora Enso Oyj, Lee & Man Paper Manufacturing Limited, Nippon Paper Industries Co., Ltd., PCA Corporation, UPM Kymmene Corporation; SCG Packaging Co. Ltd.; Nine Dragons Paper (Holdings) Limited; Amcor Pty Limited; KapStone Kraft Papers Company; Sappi Ltd.; Domtar Corporation ; Georgia Pacific LLC ; Cascades Inc.; WestRock Company ; JK Paper Limited ; Koehler Group GmbH & Co KGaA, among others.
With outbreak of Covid 19 pandemic businesses globally were adversely affected causing disruption throughout supply chain especially among F&B outlets where usage numbers significantly dropped down leading up drastic change scenario within industry dynamics thus creating stupendous pressure on vendors operating herewith uncertain times ahead rise investments towards research & development activities seem inevitable if they wish survive through cutthroat competition prevailing out there
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 Singapore Food Wrapping and Packaging Paper Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Food Wrapping and Packaging Paper Market - Industry Life Cycle |
3.4 Singapore Food Wrapping and Packaging Paper Market - Porter's Five Forces |
3.5 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Singapore Food Wrapping and Packaging Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Food Wrapping and Packaging Paper Market Trends |
6 Singapore Food Wrapping and Packaging Paper Market, By Types |
6.1 Singapore Food Wrapping and Packaging Paper Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Kraft paper, 2020-2030F |
6.1.4 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Greaseproof Paper, 2020-2030F |
6.1.5 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Coated Paper, 2020-2030F |
6.2 Singapore Food Wrapping and Packaging Paper Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Hotels, 2020-2030F |
6.2.3 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Restaurants, 2020-2030F |
6.2.4 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Cafes, 2020-2030F |
6.2.5 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Fast Food Outlets, 2020-2030F |
6.2.6 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Cinemas, 2020-2030F |
6.2.7 Singapore Food Wrapping and Packaging Paper Market Revenues & Volume, By Airline & Railway Catering, 2020-2030F |
7 Singapore Food Wrapping and Packaging Paper Market Import-Export Trade Statistics |
7.1 Singapore Food Wrapping and Packaging Paper Market Export to Major Countries |
7.2 Singapore Food Wrapping and Packaging Paper Market Imports from Major Countries |
8 Singapore Food Wrapping and Packaging Paper Market Key Performance Indicators |
9 Singapore Food Wrapping and Packaging Paper Market - Opportunity Assessment |
9.1 Singapore Food Wrapping and Packaging Paper Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Singapore Food Wrapping and Packaging Paper Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Singapore Food Wrapping and Packaging Paper Market - Competitive Landscape |
10.1 Singapore Food Wrapping and Packaging Paper Market Revenue Share, By Companies, 2023 |
10.2 Singapore Food Wrapping and Packaging Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |