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The food wrapping paper market size is forecast to increase by USD 1.32 billion at a CAGR of 5.23% between 2023 and 2028. The market is witnessing significant growth due to the increasing demand for sustainable food packaging solutions. Consumers are increasingly conscious of the environmental impact of their food choices, leading to an increase in demand for eco-friendly food wrapping paper and the growth of the fast-food market, and the rise in the food delivery and takeaway market. Additionally, the adoption of innovative materials such as biodegradable and compostable plastics, and natural fibers like paper and sugarcane, is gaining popularity in the market. However, the market faces challenges due to the rise in prices of raw materials, particularly pulp and petroleum-based products, which are essential for the production of fast food wrapping paper. Despite these challenges, the market is expected to grow steadily due to the increasing consumer awareness and government regulations promoting sustainable packaging solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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