South and Central America Food Contact Paper Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Type (Kraft Paper, Greaseproof Paper, Parchment Paper, and Others), Application (Bakery and Confectionery, Dairy Products, Fruits and Vegetables, Meat Fish and Poultry, and Others)


No. of Pages: 96    |    Report Code: TIPRE00026663    |    Category: Chemicals and Materials

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South and Central America Food Contact Paper Market

The South & Central America food contact paper market is expected to reach US$ 5.6 billion by 2028 from US$ 4.4 billion in 2021. The market is estimated to grow at a CAGR of 3.7% from 2021–2028.

Food contact paper is increasingly being used for various applications within the food industry. The paper is also used as a secondary packaging wherein the paper bears labelling details used in products such as packaging of chocolates and bakery items. Food contact paper also has attractive printing options that help make the packaging varied and more personalized. The printing on packaging may depict the logo, flavor, or nutritional details of the food product. Moreover, fast-food chains are increasingly adopting food contact papers over paperboard packaging for various food items such as burgers. For instance, McDonald’s is slowly eliminating a majority of rigid packaging and replacing it with biodegradable packaging alternatives. The food contact paper is also a more economical way for food packaging while increasing the aesthetic appeal of the product, leading to most manufacturers opting for food contact paper packaging. The cost-effective nature of food contact paper and the increasing trend of biodegradable packaging are expected to propel the market growth of food contact paper over the forecast period.

 

Brazil accounted for the highest number of COVID-19 cases in South America, followed by Ecuador, Chile, Peru, and Argentina, among others. Governments of these countries have taken an array of actions to protect their citizens and contain COVID-19 spread. Nevertheless, the region is experiencing lower export revenues, both from the drop in commodity prices and reduction in export volumes, primarily due to lowered export performance in China, Europe, and the US. In addition, containment measures in several South American countries have reduced economic activity in the food and beverage industry; however, the industry is likely to rebound once the country manages to control the number of Covid cases. South and Central America is experiencing a growing trend of ghost kitchens or dark kitchens which are the restaurants that only offer food for takeaway or delivery. The growth in ghost kitchens has helped in the stability and recovery of the QSR sector in food and beverages industry. The food and beverages industry in Brazil suffered the most post the outbreak of pandemic, however surveys suggest that the number of households ordering food has increased amid COVID-19 pandemic, therefore positively benefitting the food contact paper market in the country. Moreover, as per Association of Exporters and the Digital Commerce Camara of Guatemala, the expansion of small businesses on digital platforms has tripled in Panama, Costa Rica and Guatemala. Therefore, the high growth of takeaway and online food ordering has resulted in steady recovery in South and Central America.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the food contact paper market. The South & Central America food contact paper market is expected to grow at a good CAGR during the forecast period.

 

South & Central America Food Contact Paper Market Revenue and Forecast to 2028 (US$ Billion)

 

South & Central America Food Contact Paper Market Revenue and Forecast to 2028 (US$ Billion)
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South and Central America Food Contact Paper Strategic Insights

Strategic insights for the South and Central America Food Contact Paper provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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South and Central America Food Contact Paper Report Scope

Report Attribute Details
Market size in 2021 US$ 4.4 Billion
Market Size by 2028 US$ 5.6 Billion
Global CAGR (2021 - 2028) 3.7%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Kraft Paper
  • Greaseproof Paper
  • Parchment Paper
By Application
  • Bakery and Confectionery
  • Dairy Products
  • Fruits and Vegetables
  • Meat Fish and Poultry
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • MONDI
  • WESTROCK COMPANY
  • UPM
  • AHLSTROM-MUNKSJÖ
  • KRPA HOLDING CZ, A.S.
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    South and Central America Food Contact Paper Regional Insights

    The geographic scope of the South and Central America Food Contact Paper refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    South & Central America Food Contact Paper Market Segmentation
    By Type

    • Kraft Paper
    • Greaseproof Paper
    • Parchment/Wax Paper
    • Others 

    By Application

    •  Bakery and Confectionery
    • Dairy Products
    • Fruits and Vegetables
    • Meat, Fish, and Poultry
    • Others

    By Country

    • South & Central America
    • Brazil
    • Argentina
    • Rest of South & Central America
    Companies Mentioned
    • Mondi
    • Westrock Company
    • Upm
    • Ahlstrom-Munksjö
    • Krpa Holding Cz, A.S.      

    The List of Companies - South and Central America Food Contact Paper Market

    1. MONDI
    2. WESTROCK COMPANY
    3. UPM
    4. AHLSTROM-MUNKSJÖ
    5. KRPA HOLDING CZ, A.S.
    Frequently Asked Questions
    How big is the South and Central America Food Contact Paper Market?

    The South and Central America Food Contact Paper Market is valued at US$ 4.4 Billion in 2021, it is projected to reach US$ 5.6 Billion by 2028.

    What is the CAGR for South and Central America Food Contact Paper Market by (2021 - 2028)?

    As per our report South and Central America Food Contact Paper Market, the market size is valued at US$ 4.4 Billion in 2021, projecting it to reach US$ 5.6 Billion by 2028. This translates to a CAGR of approximately 3.7% during the forecast period.

    What segments are covered in this report?

    The South and Central America Food Contact Paper Market report typically cover these key segments-

    • Type (Kraft Paper, Greaseproof Paper, Parchment Paper)
    • Application (Bakery and Confectionery, Dairy Products, Fruits and Vegetables, Meat Fish and Poultry)

    What is the historic period, base year, and forecast period taken for South and Central America Food Contact Paper Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Food Contact Paper Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in South and Central America Food Contact Paper Market?

    The South and Central America Food Contact Paper Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • MONDI
  • WESTROCK COMPANY
  • UPM
  • AHLSTROM-MUNKSJÖ
  • KRPA HOLDING CZ, A.S.
  • Who should buy this report?

    The South and Central America Food Contact Paper Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South and Central America Food Contact Paper Market value chain can benefit from the information contained in a comprehensive market report.