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)

TIPRE00025707 | Pages: 98 | Chemicals and Materials | Nov 2021 | Type: Regional | Status: Published

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 Revenue and Forecast to 2028 (US$ Billion)

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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.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Food Contact Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Bargaining Power of Buyers

4.2.2        Bargaining Power of Suppliers

4.2.3        Threat to Substitute

4.2.4        Threat to New Entrants

4.2.5        Competitive Rivalry

4.3         Expert Opinion

4.4         Ecosystem Analysis

5.           Food Contact Paper Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        The expanding demand for recyclable and biodegradable packing

5.1.2        The growing demand for ready-to-eat (RTE) and packaged foods

5.2         Restraints

5.2.1        Higher market penetration by aluminium foil packaging

5.3         Market Opportunities

5.3.1        Product innovations in food contact paper

5.4         Future Trend

5.4.1        Rise in demand for aesthetic, customized food contact paper

5.5         Impact Analysis of Drivers and Restraints

6.           Food Contact Paper – North America Market Analysis

6.1         Food Contact Paper Market –Revenue and Forecast to 2028 (US$ Billion)

7.           Food Contact Paper Market Analysis – By Type

7.1         Overview

7.2         Food Contact Paper Market, By Type (2020 and 2028)

7.3         Kraft Paper

7.3.1        Overview

7.3.2        Kraft Paper: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

7.4         Greaseproof Paper

7.4.1        Overview

7.4.2        Greaseproof Paper: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

7.5         Parchment Paper

7.5.1        Overview

7.5.2        Parchment Paper: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

7.6         Others

7.6.1        Overview

7.6.2        Others: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

8.           Food Contact Paper Market Analysis – By Application

8.1         Overview

8.2         Food Contact Paper Market, By Application (2020 and 2028)

8.3         Bakery and Confectionery

8.3.1        Overview

8.3.2        Bakery and Confectionery: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

8.4         Dairy Products

8.4.1        Overview

8.4.2        Dairy Products: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

8.5         Fruits and Vegetables

8.5.1        Overview

8.5.2        Fruits and Vegetables: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

8.6         Meat, Fish, and Poultry

8.6.1        Overview

8.6.2        Meat, Fish, and Poultry: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

8.7         Others

8.7.1        Overview

8.7.2        Others: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

9.           Food Contact Paper Market – Geography Analysis

9.1         North America

9.1.1        Overview

9.1.2        North America: Food Contact Paper Market, by Key Country

9.1.2.1          US: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

9.1.2.1.1          US: Food Contact Paper Market, by Type

9.1.2.1.2          US: Food Contact Paper Market, by Application

9.1.2.2          Canada: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

9.1.2.2.1          Canada: Food Contact Paper Market, by Type

9.1.2.2.2          Canada: Food Contact Paper Market, by Application

9.1.2.3          Mexico: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

9.1.2.3.1          Mexico: Food Contact Paper Market, by Type

9.1.2.3.2          Mexico: Food Contact Paper Market, by Application

10.        Impact of COVID-19 Pandemic on North America Food Contact Paper Market

10.1      North America: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Merger & Acquisition

11.3    Expansion & Collaboration

11.4      Product News

12.        Company Profiles

12.1      Mondi

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6       Key Developments

12.2      WestRock Company

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6       Key Developments

12.3      Georgia-Pacific LLC.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6       Key Developments

12.4      TWIN RIVER PAPER COMPANY

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6       Key Developments

12.5      UPM

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6       Key Developments

12.6      Ahlstrom-Munksjö

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      KRPA Holding CZ, a.s.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             US Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Billion)

Table 2.             US Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Billion)

Table 3.             Canada Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Billion)

Table 4.             Canada Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Billion)

Table 5.             Mexico Food Contact Paper Market, by Type – Revenue and Forecast to 2028 (USD Billion)

Table 6.             Mexico Food Contact Paper Market, by Application – Revenue and Forecast to 2028 (USD Billion)

Table 7.             Glossary of Terms, North America Food Contact Paper Market

 


LIST OF FIGURES

Figure 1.           Food Contact Paper Market Segmentation

Figure 2.           North America Food Contact Paper Market Overview

Figure 3.           Kraft Paper Segment Held the Largest Share of North America Food Contact Paper Market

Figure 4.           Canada Held the Largest Share of North America Food Contact Paper Market

Figure 5.           North America Food Contact Paper Market, Key Market Players

Figure 6.           Food Contact Paper Market – Porter’s Five Forces Analysis

Figure 7.           Expert Opinion

Figure 8.           Food Contact Paper Market – Ecosystem

Figure 9.           North America Food Contact Paper Market Impact Analysis of Drivers and Restraints

Figure 10.        North America Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 11.        Food Contact Paper Market Revenue Share, By Type (2020 and 2028)

Figure 12.        Kraft Paper: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 13.        Greaseproof Paper: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 14.        Parchment Paper: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 15.        Others: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 16.        Food Contact Paper Market Revenue Share, By Application (2020 and 2028)

Figure 17.        Bakery and Confectionery: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 18.        Dairy Products: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 19.        Fruits and Vegetables: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 20.        Meat, Fish, and Poultry: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 21.        Others: Food Contact Paper Market – Revenue and Forecast To 2028 (US$ Billion)

Figure 22.        North America: Vitrectomy Devices Market, by Key Country – Revenue (2021) (USD Million)

Figure 23.        North America: Food Contact Paper Market Revenue Share, by Key Country (2020 and 2028)

Figure 24.        US: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 25.        Canada: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 26.        Mexico: Food Contact Paper Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 27.        Impact of COVID-19 Pandemic on Food Contact Paper Market in North America

  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.  
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America food contact paper market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America food contact paper market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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