Food Contact Paper Market valuation worth US$117.904 billion by 2029

food contact paper market

The food contact paper market is expected to grow at a CAGR of 4.14% with a market valuation of US$88.786 billion in 2022 and is expected to reach a market value of US$117.904 billion by 2029.

The food contact paper is used across the food industry. It is used for storing and packaging food so that the food does not react with it. Materials like plastic, rubber, and metal are also used for food packaging but the increasing for eco-friendly solutions is contributing to the growing demand for paper to be used for serving, packaging, and storing food items.

Food contact paper is widely used for packaging confectionery goods, fruits, and drinks due to its various benefits. Increasing demand for online food delivery services is propelling the growth of the food contact paper market

As per the report, the food contact paper market is expected to grow at a significant pace.

Paper being a lightweight and environment-friendly alternative to other packaging materials is one of the reasons for the growth of the food contact paper market. The food industry is very actively making the transition toward sustainable and eco-friendly packaging for storing and delivering food products.

Food paper packaging has numerous benefits such as being lighter in weight, having no harmful effects, being easy to store, and maintaining the taste of food making it an essential part of the rapidly expanding food contact paper market. Due to stringent regulations imposed by governments across the globe regarding the usage of a packaging material that is environment friendly and also does not alter the properties of the food being stored in it.

For instance, in September 2023, Mondi and Veetee collaborated to introduce paper-based packaging for dry rice a first of its kind in the United Kingdom. Packaging is made of Mondi’s Functional barrier Paper. This new packaging, solution is regarded as an eco-friendly alternative to previously used plastic packaging and it also supports Veetee’s goals to reduce plastic. Packaging is also certified by OPRL due to which it is accepted for kerbside recycling.

Increasing consumer awareness of and harmful effects of plastic as food packaging material and consumer behaviour shift towards sustainable and eco-friendly packaging is contributing to the growth of the market.

Food contact papers are regarded as a safe alternative to other food packaging materials because when other materials come in contact with food or drinks then they tend to cause contamination due to the presence of antioxidants, metal, coloring agents, and microplastic material in them due to this demand for paper to be used as packaging material in propelling the growth of the market.

There are many product launches and developments that are taking place in the food contact paper market during the forecast period. For instance, in March 2023, Mondi announced the investment of €400 million on a new paper machine at Štetí, Czech Republic, factory. The machine is capable of producing 210,000 tonnes per annum of sack kraft paper annually. This investment is regarded as part of the company’s €1 billion expansion investment program.

North America region is anticipated to hold the majority share of the food industry due to high consumer spending power and better living standards. Thus, the market in the North American region expanding due to increasing demand for packed food items which in turn is contributing to the growth of the food contact paper market in the region.

The market in the region is expanding due to increasing consumer awareness regarding eco-friendly solutions due to the adoption of paper material for packing food items is propelling the growth of the market.

The food contact paper market, based on different types is categorized into- kraft paper, greaseproof paper, parchment paper, and others. Kraft paper is produced through a sulfate treatment process. It is available in the market in various forms such as brown, unbleached, white-bleached, and heavy-duty kraft paper. It is one of the strongest papers it is generally used for making bags or for wrapping purposes.

Greaseproof paper, also referred to as grease-resistant paper, is produced through a process commonly known as beating in which cellulose fibers are left soaked in water for a longer duration due to which fibers break down and convert to gelatinous form. Greaseproof paper is commonly used for wrapping food material either oily or non-oily. This paper is regarded as a very good alternative to plastic material.

Parchment paper is made through an acid-treated pulp process in which raw material is passed through a sulfuric acid bath during which acid modifies the cellulose thus making them much smoother and make them resistant to water and oil. This paper is commonly used for is packaging of butter, ghee, and various other oily products.

The food contact paper market, based on different applications is categorized into- bakery & confectionary, dairy products, fruits and vegetables, poultry, and others. Food contact paper is widely used as a packaging or wrapping of confectionery goods due to its property of not absorbing moisture and oil it also keeps the items fresh for longer durations without hampering the quality of food items.

In dairy and poultry paper is used for storing and packaging goods due to its greasy property and moisture-retaining properties. Paper being light in weight also helps in the easy transportation of dairy goods without being hampered or affected by environmental conditions.

As a part of the report, the major players operating in the food contact paper market that have been covered are Koch Industries (Mondi), Smurfit Kappa (Westrock Company), Georgia-Pacific LLC, Twin River Paper Company, UPM, Ahlstrom-Munksjo, GM Packaging Pvt Ltd, Superior Paper Pvt Ltd, Shanghai Topcare, and KRPA Holding CZ, a.s..

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The analytics report categorizes the food contact paper market using the following criteria:

Segmentation: