Cibi e Bevande
Companies in Food Contact Paper Market to Gain Competitive Edge by Unlocking Sustainability Quotient, Valuation to Rise at CAGR of 4.5% during 2020 - 2028: TMR
ALBANY, N.Y. , May 10, 2021 /PRNewswire/ --
Food contact paper are popularly used in the packaging of frozen food. The food contact paper market has evolved increasingly on the back of the prevailing regulation in major economies of the world, most notably in the European Union (EU). Various regional regulations including by the EU shaped the preference of manufacturers to use certain paper materials for food packaging. Thus far, the choice of manufacturing and disinfection strategies has heavily relied on emerging good manufacture practices. A case in point is Food Contact Guidelines for the Compliance of Paper and Board Materials and Articles. The drive for sustainable packaging solutions is a key trend that has spurred the growth potential for various stakeholders in the food contact paper market. Clocking CAGR of 4.5% during 2020 - 2028, the global valuation of the market is anticipated to climb by ~1.4 times from its current valuation by this period-end.
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Explore 195 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Food Contact Paper Market (Material: Kraft Paper, Specialty Paper, and Recycled Paper; Thickness: Up to 30GSM, 30-50 GSM, and Above 50 GSM; Application: Bakery Products, Fresh Food, Fast Food, Dairy Products, Baby Food, and Other Foods; and End Use: Hotels & Restaurants, Bakery & Cafes, Fast Food Outlets, Cinemas, Airline & Railway Catering, and Other End Uses) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2028 at https://www.transparencymarketresearch.com/food-contact-paper-market.html
Analyze Global Food Contact Paper Market growth in 30+ countries including US, Canada , Germany , United Kingdom , France , Italy , Russia , Poland , Benelux, Nordic, China , Japan , India , and South Korea . Request a sample of the study
Intense competition exists and very few players have control of the demand and supply dynamics. In recent years, the food contact paper market has seen a rapid entry of local and small-scale manufacturers aiming to put a stiff competition to well-entrenched incumbent players.
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Some of the prominent names customers and consumers can look forward to bring better products to market are Mondi Plc., Schweitzer-Mauduit International, Inc., Ahlstrom-Munksjo, Asian Pulp & Paper Company, Pudumjee Paper Products, and Nordic Paper
Packaging Industry
Flexible Packaging for Healthcare Market – The flexible packaging for healthcare market is expected to expand at a CAGR of 5.3% during the forecast period. Several medical products packaging manufacturers prefer flexible packaging, owing to its high barrier properties and flawless print finish for bags & sacks, tapes, and labels further lifting the growth of the flexible packaging for healthcare market across the globe.
Metal Cosmetic Packaging Market – Application of metal packaging in skin care and hair care products is expected to boost the business of market players. Rising skin care awareness coupled with falling cosmetic prices is offering promising opportunities for packaging providers. Owing to this, investments centered towards producing packaging for skin care products would prove profitable.
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