Global Food Wrap Market Size & Outlook, 2024-2030
Global food wrap market, 2018-2030 (US$M)
Related Markets
Global food wrap market highlights
- The global food wrap market generated a revenue of USD 5,150.0 million in 2023 and is expected to reach USD 8,452.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.3% by 2030.
- In terms of segment, paper accounted for a revenue of USD 2,786.4 million in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,150.0 million |
| Market revenue in 2030 | USD 8,452.9 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Paper |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic Foil, Aluminum Foil, Paper |
Other key industry trends
- In terms of revenue, the North America accounted for 28.9% of the global food wrap market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 132.6 million by 2030.
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Food Wrap Market Scope
Food Wrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global food wrap market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food wrap market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 54.1% in 2024. Horizon Databook has segmented the Global food wrap market based on plastic foil, aluminum foil, paper covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Food Wrap Material Outlook (Revenue, USD Million, 2018-2030)
- Plastic Foil
- Aluminum Foil
- Paper
- Global Food Wrap Application Outlook (Revenue, USD Million, 2018-2030)
- Food Service
- Full Service
- Quick Service
- Others
- Online
- Institutional
- Food Service
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Target buyers of Global food wrap market databook
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Our clientele includes a mix of food wrap market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global food wrap market , including forecasts for subscribers. This global databook contains high-level insights into Global food wrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global food wrap market size, by regions, 2018-2030 (US$M)
Top 10 countries: Food wrap market size, 2024 (US$M)
Global food wrap market share, by material, 2024 & 2030 (%, US$M)
Food wrap market: Opportunity assessment by country
Global food wrap market, by region, 2024 (US$M)
Related regional statistics
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