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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Fast Food Wrapping Paper Market Growth
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.
Fast Food Wrapping Paper Market Report Snapshots
Fast Food Wrapping Paper Market Size
Fast Food Wrapping Paper Market Growth
Fast Food Wrapping Paper Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2021, the global fast food wrapping paper market reached a value of around USD 1,103.4 million.
The global fast food wrapping paper market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The major drivers of the industry, such as changing lifestyle of consumers, the increase in fast and packaged food consumption, and a growing number of fast-food chains, are expected to aid the market growth.
The key market trend guiding the growth of the fast food wrapping paper industry includes the growing need for sustainable food packaging solutions like fast food wrapping paper, owing to rising restriction on the use of plastic products and the prohibition of single-use plastics.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America leading the market.
The major fast food types within the industry are sandwiches, burgers, pizza, and wraps and rolls, among others.
The significant end uses of the product in the market include hotels, restaurants, cafes, fast food outlets, cinemas, airline and railway catering, and institutional.
The major players in the industry are Berry Global Inc. [Berry Global Group], Delfort, Georgia-Pacific [Koch Industries], Twin Rivers Paper Company, Hindalco Industries Limited [Aditya Birla Group], Mitsubishi Chemical Holdings Corporation, and Amcor plc, among others.
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