Dublin, March 14, 2019 (GLOBE NEWSWIRE) -- The "Global Food Contact Paper Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The food contact paper market will register a CAGR of about 8% by 2023.
The global demand for food contact paper ensues from their eco-friendliness when compared with plastic and aluminum products. Thus, the environmental threats associated with these alternatives drives the use of sustainable paper products in the food and beverage industry.
Plastic and aluminum products generate more waste per product than traditional paper products. Many companies are committing to the use of reusable, compostable, and recyclable packaging because of the rising number of global issues, such as the growing amount of ocean waste.
Most raw materials for the food contact paper industry are sourced from recycled materials and trees growing in sustainable forests. This increases the sustainability of these products. Thus, the need for environment-friendly packaging solutions is expected to drive the global food contact paper market.
Growth in processed industry
The changes in consumer behavior and the growth of the processed food industry drive the global food contact paper market. Demand for convenience foods and fast food, which have a special requirement for lightweight packaging, exert a positive influence on the market. The packaging of a product plays an important role in the demand for and lifecycle of a product.
Volatility in prices of raw materials
Pulp is a crucial raw material used for manufacturing food contact paper. Therefore, the price of food contact papers depends on the prevailing global pulp prices, which vary from year-to-year and tend to fluctuate continuously within a given year. The prices of raw materials used in the manufacturing of release liners are highly unpredictable. Such fluctuation in the prices of pulp impacts the profitability of vendors.
Competitive Landscape
The market appears to be moderately concentrated with the presence of few vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Georgia-Pacific
- International Paper
- Mondi
- Smurfit Kappa
- UPM
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
PART 06: MARKET SEGMENTATION BY TYPE
- Comparison by type
- Non-poly coated - Market size and forecast 2018-2023
- Poly coated - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Increasing demand for lightweight materials
- Increasing use of recycled fibers
- Developments in food and beverage packaging
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Georgia-Pacific
- International Paper
- Mondi
- Smurfit Kappa
- UPM
For more information about this report visit https://www.researchandmarkets.com/research/jsr5gs/food_contact?w=12
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