The Fast-Food Wrapping Paper Market size was robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. This growth is primarily due to the rapid rise of fast-food and on-the-go markets worldwide, as well as changing consumer lifestyles, an increase in fast food and packaged food consumption, and the rise of fast-food chains. To meet the needs of the fast-food packaging industry, a variety of materials such as plastic and aluminum foil are also commonly used in addition to paper. Ideal fast-food wrapping paper should have features like great glue and printability, outstanding heat and grease resistance, complies with BfR and FDA regulations, exceptional lamination, and available in natural finishes. Various fast-food businesses, cafes, full-service restaurants, and other establishments use these wrapping materials.
Fast food packaging in quick service restaurants, full-service restaurants, cafes, and other establishments commonly involves the use of wrapping paper made from materials like Paper, Polypropylene (PP), Polyethylene (PE), Polyvinylchloride (PVC), Ethylene-vinyl alcohol copolymer (EVOH), and biodegradable materials. These materials can vary in thickness and composition, with craft paper, greaseproof papers, wax-coated papers, and foil papers being some examples. The most common uses for fast food wrapping paper are for sandwiches, burgers, pizzas, chicken, and other snack foods.
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Major Companies:
- Berry Global Inc.
- Delfort Group
- Georgia-Pacific LLC
- Twin Rivers Paper Company
- Hindalco Industries Limited
- Johnson Son Inc.
- Nordic Paper AS
- Advanced Coated Products Ltd.
- Pudumjee Paper Products Ltd.
- Seaman Paper Company
- Schweitzer-Mauduit International Inc.
Drivers:
- Rapid growth of the fast-food and on-the-go markets worldwide
- Increasing number of fast-food chains and their demand for packaging materials
- Changing consumer lifestyles and an increase in fast food and packaged food consumption
- Increasing awareness and concern for environmental sustainability, leading to the demand for biodegradable and eco-friendly packaging materials
- Advancements in technology and materials, leading to the development of better quality and more efficient packaging solutions
Restraints:
- Regulations and restrictions imposed by government bodies on the use of certain materials, such as plastics
- Volatility in the prices of raw materials used for manufacturing packaging materials
- Limited availability of sustainable and eco-friendly materials in certain regions
- Competition from alternative packaging solutions such as reusable containers and packaging-free options
- Increasing cost of production due to rising energy and labor costs
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