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North America Food Contact Paper Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Kraft Paper, Greaseproof Paper, Parchment Paper, and Others), Application (Bakery and Confectionery, Dairy Products, Fruits and Vegetables, Meat Fish and Poultry, and Others)

Report Code :  TIPRE00025707
No. of Pages :  98
Published Month :  Nov 2021
Category :  Chemicals and Materials
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The North America food contact paper market is expected to reach US$ 18.8 billion by 2028 from US$ 15.7 billion in 2021. The market is estimated to grow at a CAGR of 2.6% from 2021–2028.

An increased number of manufacturers are opting for recyclable or biodegradable packaging. For instance, large corporations such as The Coca-Cola Company, PepsiCo, Kraft-Heinz, Unilever, and McDonald’s have set targets in action plans for improved sustainable packaging by 2025. Moreover, many states in the US including New York and California have now banned single-use plastics, with more states following the trend. The move is expected to drive the demand for paper packaging as it is easily accessible, economical, and biodegradable. Food contact paper is the easily available and readily accessible substitute for plastics, thus benefitting from bans propelling the market for food contact paper. Since paper packaging is biodegradable, it is preferred over recyclable packaging. Recycling of food packaging waste presents challenges majorly related to safety issues. The use of recycled food packaging increases the chances of contamination and the levels and numbers of chemicals that can migrate to food from packaging, thereby potentially affecting the environment and human health. The possible contamination of recycled food packaging has led to an increased preference for biodegradable packaging alternatives such as paper packaging.

 

The North American region is a significant contributor to the food contact paper market. Owing to the rise in COVID-19 cases, many restaurants were closed for dine-in. However, the governments in North America have lifted the restrictions on dine-in with limited capacities following the safety norms to prevent the spread of the virus. US is one of the biggest consumers of food contact paper in North America. The demand for food contact paper has been negatively affected due to permanent closure of 10.2% restaurants in the US. The region also has a largely prevalent culture of food trucks that were severely impacted amid the COVID period as 22.5% of the mobile restaurants were closed down in the US. The fast food chains however withered the negative impact to some extent as the digitalization in food ordering and delivery helped maintain the sales. Overall, the QSR witnessed closure of 9.8% restaurants in the U.S. alone. Therefore, the major end-user segment of food contact paper witnessed severe impact amid the pandemic outbreak. However, the market has since been in recovery phase and is expected to grow over forecast period.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the food contact paper market. The North America food contact paper market is expected to grow at a good CAGR during the forecast period.

 

North America Food Contact Paper Market Revenue and Forecast to 2028 (US$ Billion)


North America Food Contact Paper Market Segmentation
By Type
  • Kraft Paper
  • Greaseproof Paper
  • Parchment/Wax Paper
  • Others 

By Application

  •  Bakery and Confectionery
  • Dairy Products
  • Fruits and Vegetables
  • Meat, Fish, and Poultry
  • Others

By Country

  • North America
  • US
  • Canada
  • Mexico

Companies Mentioned

  • Mondi
  • Westrock Company
  • Georgia-Pacific Llc
  • Twin River Paper Company
  • Upm
  • Ahlstrom-Munksjö
  • Krpa Holding Cz, A.S.        
  1. Mondi
  2. Westrock Company
  3. Georgia-Pacific Llc
  4. Twin River Paper Company
  5. Upm
  6. Ahlstrom-Munksjö
  7. Krpa Holding Cz, A.S.  
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