Global Fast Food Wrapping Paper Market Report and Forecast 2024-2032

Global Fast Food Wrapping Paper Market Outlook

The global fast food wrapping paper market stood at a value of around USD 1,103.4 million in 2021. The market is further expected to grow at a CAGR of 5.1% in the forecast period of 2024-2032.

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Growing Demand for Fast Food Augmenting the Market Growth of Fast Food Wrapping Paper

The expansion of the fast food wrapping paper market is being driven by factors like the changing lifestyle of consumers, the increase in fast food and packaged food consumption, and a growing number of fast-food chains. With the growing concerns regarding the safety of fast food, the demand for fast food wrapping paper is increasing. The surging availability of fast food wrapping paper offering excellent grease proofness and printability is fuelling the growth of the market. The development of customised food wrapping paper that offers the benefit of high-quality food paper is expected to propel the market growth.

Various leading companies are increasingly offering versatile food wrapping paper with several grades and properties. As various fast-food brands are increasingly attempting to reduce their environmental impact, they are preferring wrapping paper that are designed for either composability or recyclability, which is anticipated to provide further impetus to the growth of the fast food wrapping paper market in the forecast period.

Market Segmentation

Fast Food wrapping paper is a paper used for food packaging in fast food chains, cafes, restaurants, and organisations. The wrapping paper is usually made of materials like paper, PP, PE, PVC, EVOH, and biodegradables. These fast food wrapping papers range from less than 8 microns to more than 20 microns in thickness. Paper wrapping is used for sandwiches, burgers, pizzas, and other snack foods.

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Based on the fast food type, the market is divided into:

• Sandwiches
• Burgers
• Pizza
• Wraps and Rolls
• Other

The market can be broadly categorised based on its end uses into:

• Hotels
• Restaurants
• Cafes
• Fast Food Outlets
• Cinemas
• Airline and Railway Catering
• Institutional

The EMR report looks into the regional markets of fast food wrapping paper like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

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Growing Demand for Reusable Packaging to Propel the Market for Fast Food Wrapping Paper

There is a growing demand for reusable packaging, like reusable fast food wrapping paper. Factors like an increased demand for sustainable packaging, as well as a reduction in the use of plastic packaging, can be responsible for this increased demand. Reusable packaging usually consists of durable materials. The increasing popularity of reusable fast food wrapping paper is, therefore, one of the key developments in the market for fast food wrapping papers that will have a positive impact on the fast food wrapping paper market growth.

Foodservice disposables like polystyrene and polypropylene food wrappers are difficult to decompose and, thus, they cause environmental pollution. This has led market vendors to develop food packaging solutions, such as food packaging paper, made of recyclable raw materials, and environmentally friendly goods. Paper packaging has evolved as an environmentally friendly and economical packaging medium, as it is easier to recycle compared to other materials like metals and plastics. With the growing restriction on the use of plastic products and the prohibition of single-use plastics, the need for sustainable food packaging solutions is likely to drive the fast food wrapping paper market in the forecast period.

In terms of material, kraft paper significantly dominates the global market, accounting for the largest market share. North America is the leading region for the market.

Key Players in the Global Market for Fast Food Wrapping Paper

The report presents a detailed analysis of the following key players in the global fast food wrapping paper market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Berry Global Inc. [Berry Global Group] (NYSE: BERY)
• Delfort
• Georgia-Pacific [Koch Industries]
• Twin Rivers Paper Company
• Hindalco Industries Limited [Aditya Birla Group]
• Mitsubishi Chemical Holdings Corporation
• Amcor plc
• Others

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

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Fast Food Wrapping Paper Market Report Snapshots

Fast Food Wrapping Paper Market Size

Fast Food Wrapping Paper Market Growth

Fast Food Wrapping Paper Companies