Market revenue in 2023 | USD 89.9 million |
Market revenue in 2030 | USD 132.6 million |
Growth rate | 5.7% (CAGR from 2023 to 2030) |
Largest segment | Paper |
Fastest growing segment | Paper |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastic Foil, Aluminum Foil, Paper |
Key market players worldwide | Amcor PLC, Berry Global Group Inc, Huhtamaki, Reynolds Consumer Products Inc Ordinary Shares, ProAmpac, Mitsubishi Chemical Group Corp, Georgia-Pacific Packaging & Cellulose, Veritiv, Pixelle Specialty Solutions, Ahlstrom-Munksjö |
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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 52.73% in 2024. Horizon Databook has segmented the Spain food wrap market based on plastic foil, aluminum foil, paper covering the revenue growth of each sub-segment from 2018 to 2030.
The food service industry in Spain, which is not limited to traditional restaurants, is witnessing a thriving cafe culture, with numerous QSRs, tapas bars, coffee shops, and casual dining establishments catering to the diverse tastes of both locals and tourists. Spain has also observed a rise in specialty food markets, food trucks, and gourmet food halls, further diversifying the culinary landscape.
Thus, the diversification of the culinary landscape in Spain, with the emergence of more specialty food venues, food trucks, and gourmet food halls, has created a high need for efficient and versatile food packaging solutions, such as food wraps, in the country.
Furthermore, an increasing expansion of major fast-food companies in Italy is anticipated to positively influence the food wrap market in Spain. For instance, in 2023, KFC opened 39 new restaurants in Spain, marking a significant expansion for the chain.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain food wrap market , including forecasts for subscribers. This country databook contains high-level insights into Spain food wrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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