The global fast food wrapping paper market is witnessing a solid expansion, thanks to growing demand for fast foods and growth of e-commerce. The global fast food wrapping paper market depicts a competitive and fragmented landscape, reports Transparency Market Research (TMR). Some key players in the global fast food wrapping paper market are Delfort Group, Berry Global, Inc., Twin Rivers Paper Company, Georgia-Pacific LLC, Huhtamaki Oyj, Hindalco Industries Limited, and Mitsubishi Chemical Holdings Limited.
The global fast food wrapping market is expected to expand significantly, thanks to growing advancements in packaging materials and marketing techniques. For example, in Japan wrapping paper for regional dishes embeds a signature style of the region, attracting tourists for a free souvenir. Additionally, material advances such as the use of banana pseudo stems and polymer treatments have displayed promising results. Polymer treatment shows promise in making grease proof and water proof for ideal fast food wrappings. Growing focus on research and development is expected to create significant opportunities in the fast food wrapping paper market in the near future.
The global fast food wrapping paper market is expected to exhibit a solid growth during 2018-2026, growing at a steady 2.8% CAGR. Rising consumption of fast food products is expected to play a key role in the growth of the market. Additionally, growing demand for burgers is expected to emerge as a boon to growth. Burgers make for an ideal type of product for paper wrappings. Moreover, sandwiches are likely to emerge as a dominant force for growth in the global fast food wrapping market.
Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=53586
Fast Food Chains a Major Draw for the Fast Food Wrapping Paper Market
Fast food chains like McDonalds, Subway, and KFC are expanding their footprints globally. These fast food chains use large amounts of paper wrappings for their products. For example, Subway mainly serves their large subs in paper wrappings for convenience and with branded packaging. Additionally, due to increasing globalization, these chains are gaining increased grounds in Asia. The rising disposable income here and growth of new lifestyle involving a lot more outdoor eating is a boon for the fast food wrapping paper market. The low costs of paper wrappings and printing options for branding, are expected to create new opportunities for the global fast food wrapping paper market in the near future.
However, breakability of paper wrappings and unease of handling greasy food products can limit the growth of the fast food wrapping paper market.
Green Packaging Drives Growth in the Fast Food Wrapping Paper Market
Packaging industry is facing a major overhaul, thanks to growing limitations on using plastic products and recent ban in the EU on all single-use plastics. The global fast food wrapping paper market is expected to gain significantly due to this development, as paper wrappings are one of the very few alternatives to plastic packaging. Additionally, paper packaging like Aluminum foils are ideal offer essential benefits such as water-proofing at a low cost. Additionally, paper wrappings also come in various sizes to handle various food items.
Moreover, green packaging is expected to drive significant demand for end-chains like McDonalds, Subway, and others. These products with their embedded branding qualities provide more visibility and eco-friendly packaging can provide a much-needed brand makeover to several fast food chains.
Information provided in this review is obtained from a TMR report, titled, “Fast Food Wrapping Paper Market (Product Type – Plastic, Paper; Thickness – Plastic & Aluminum Foil, Paper; Fast Food Type – Sandwiches, Burgers, Pizza, Wraps & Rolls, Chicken, Other Snack Food; End Use – Hotels, Restaurants, Cafes, Fast Food Outlets, Cinemas, Airline & Railway Catering, Institutional) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027.”
Looking for exclusive market insights from business experts? Buy Now Report here https://www.transparencymarketresearch.com/checkout.php?rep_id=53586<ype=S
The global fast food wrapping market has been segmented as follows:
Product Type
- Plastic
- Polyethylene
- Polypropylene
- Polyamide
- Polyvinyl Chloride
- Polylactic Acid
- EVOH
- Paper
- Kraft Paper
- Specialty Paper
- Greaseproof Paper
- Wax Paper
- Foil Paper
- Aluminum Foil
Thickness
- Plastic & Aluminum Foil
- Below 8 Microns
- 8 to 14 Microns
- 14 to 20 Microns
- 20 Microns & Above
- Paper
- Up to 30 GSM
- 30 to 50 GSM
- Above 50 GSM
Fast Food Type
- Sandwiches
- Burgers
- Pizza
- Wraps & Rolls
- Chicken
- Other Snack Food
End Use
- Hotels
- Restaurants
- Cafes
- Fast Food Outlets
- Cinemas
- Airline & Railway Catering
- Institutional
Region
- North America
- Latin America
- Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com
