Asia-Pacific Leads the Global Food Wrapping Paper Market: Fast Food Chains and Rising Incomes Drive Expansion - ResearchAndMarkets.com
Retrieved on:
Monday, October 23, 2023
Food Tech, Retail, Technology, Manufacturing, Other Manufacturing, Food, Beverage, Paper, MEA, Metal, Glass, Global Food Safety Initiative, Aluminium, Coffeehouse, Growth, Food court, Plastic-coated paper, Recycling, USD, Plant growth analysis, Plastic, Compound annual growth rate, Tissue paper, Fast food, Restaurant
The surge in demand for hygienic and convenient packaging solutions for various food items is driving the food wrapping paper market.
Key Points:
- The surge in demand for hygienic and convenient packaging solutions for various food items is driving the food wrapping paper market.
- These papers, including kraft paper, wax-coated paper, foil paper, and biodegradable materials, are used to wrap fast food items such as chicken, pizza, sandwiches, and burgers.
- Additionally, the fluctuating prices of raw materials, particularly polypropylene and aluminum, pose a challenge to the growth of the food wrapping paper market.
- Asia Pacific leads the Food Wrapping Paper market, driven by the popularity of fast food restaurant chains and rising disposable incomes.