Sandwich and Wrap Packaging Market: An Overview
Consumers are inclining more towards ready to eat foods, and on the go foods because of the hectic schedule, owing to the change in lifestyle patterns and growing disposable incomes and also the increase in the number of working people specifically in the urban areas who are preferring to take food on the go or packed frozen foods. This pattern of lifestyle is becoming the new normal around the globe which is anticipating the growth of sandwich and wrap packaging market.
Sandwich and wrap packaging is generally made up of plastics and biodegradable materials but nowadays due to sustainable practices, consumers and manufacturers are preferring paper-based wrapping solution for sandwich and wrap packaging. The raw materials used are Kraft paper, and other specialty papers including, wax paper, & foil paper whose thickness vary 30 to 50 GSM.
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Sandwich and Wrap Packaging Market: Dynamics
Sandwich and wrap packaging is gaining a decent growth rate all over the globe because of the primary applications such as sandwiches, burgers, pizza, wraps & rolls, chicken, other snack foods. The food and beverage industry is booming exponentially which directly anticipates the growth of the food packaging industry specifically the sandwich and wrap packaging industry. Foodservice multinational companies such as KFC, Subway, Burger King and many others have already adopted recyclable sandwich and wrap packaging which is attracting millions of consumers as recyclable packaging creates a good brand image.
The intense competition in the market is because of the millions of tonnes of packaging is supplied every day to the above mentioned multinational companies.
Opportunities for sandwich and wrap packaging in the market is expanding into many other restaurants, café and even this wrapping can be used in other industries such as in pharmaceuticals and household items.
The restraints that can be considered in the growth of the sandwich and wrap packaging market is that some packaging products can be reused depending on what type of food is packed. This might limit the usage of the sandwich and wrap packaging but as there is an immense need for this packaging in the market that its usage cannot be avoided.
Sandwich and Wrap Packaging Market: Segmentation
Sandwich and Wrap Packaging Market can be segmented by product wall type, wall size, application, and end-user.
By Product Type, Sandwich and Wrap Packaging Market can be segmented as
- Plastic
- Kraft paper
- Greaseproof paper
- Wax paper
- Foil paper
- Aluminium foil
By Product thickness, Sandwich and Wrap Packaging Market can be segmented as
- Plastic & Aluminium Foil
- Below 8 Microns
- 8 to 14 Microns
- 14 to 20 Microns
- 20 Microns & Above
- Paper
- Above 50 GSM
- 30 to 50 GSM
- Up to 30 GSM
By Application, Sandwich and Wrap Packaging Market can be segmented as
- Sandwiches
- Wraps & Rolls
- Chicken
- Burgers
- Pizza
- Other Snack Food
By End User, Sandwich and Wrap Packaging Market can be segmented as
- Hotels
- Restaurants
- Cafes
- Fast Food Outlets
- Cinemas
- Airline & Railway Catering
- Institutional
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Sandwich and Wrap Packaging Market: Regional Outlook
Sandwich and wrap packaging is mostly used in the North American region as it accounts as the largest user of this packaging even in terms of manufacturing because of the lifestyle pattern and also the sophisticated way of consuming food. Consumers spend a huge chunk of money on fast food which also drives the food packaging market. North America is followed by Europe because of the same living lifestyle as in North America but the population is less comparatively which makes North America as the market leader.
Developing countries in the Asia Pacific and MEA region has less consumption compared to other regions such as Saudi Araba, UAE, India, Brazil, Mexico and many others there are better growth opportunities for the sandwich and wrap packaging market due to the changing lifestyle pattern and also the increasing penetration of the food and beverage industry in the untapped market.
Sandwich and Wrap Packaging Market: Key Players
Key players in the Sandwich and Wrap Packaging Market are:
- Berry Global Inc.
- Delfort Group
- Georgia-Pacific LLC
- Twin Rivers Paper Company
- Hindalco Industries Limited
- Huhtamaki Oyj
- Mitsubishi HiTec Paper
- Amcor plc
- Mondi Group
- Thong Guan Industries Berhad
- The Clorox Company
- United Company RUSAL Plc
- Hulamin Limited
- Anchor Packaging Inc.
- Harwal Group
- Oji Holdings Corporation
- S. C. Johnson & Son Inc.
- Nordic Paper AS
- Advanced Coated Products Ltd. (The Food Wrap Co.)
- Pudumjee Paper Products Ltd.
- KRPA Holding CZ a.s.
- BPM Inc.
- Seaman Paper Company
- Schweitzer-Mauduit International Inc.
The report sandwich and wrap packaging is a compilation of first-hand information qualitative and quantitative assessment by industry analysts inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.
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