UK Food Wrap Market Size & Outlook, 2024-2030
UK food wrap market, 2018-2030 (US$M)
Related Markets
UK food wrap market highlights
- The UK food wrap market generated a revenue of USD 199.5 million in 2023 and is expected to reach USD 334.6 million by 2030.
- The UK market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Food wrap market data book summary
| Market revenue in 2023 | USD 199.5 million |
| Market revenue in 2030 | USD 334.6 million |
| Growth rate | 7.7% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 3.9% of the global food wrap market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany food wrap market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 455.3 million by 2030.
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Food Wrap Market Scope
Food Wrap Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 58.1% in 2024. Horizon Databook has segmented the UK food wrap market based on plastic foil, aluminum foil, paper covering the revenue growth of each sub-segment from 2018 to 2030.
This segment has been facing increasing pressure to transition toward more environment friendly alternatives, such as compostable and biodegradable wraps, made from plant-based materials. For example, Eco Green Living's Bio Food Wrap is 100% compostable and made from natural plant based materials, degrading within six months compared to the centuries required for conventional cling films.
The product is designed to reduce the carbon footprint and avoid contributing to ocean pollution. A rise in fast-casual dining in the UK food service industry is expected to drive the growth of the food wrap market. Chains such as Pret A Manger, LEON, and Itsu have found success by offering high-quality, freshly prepared meals in a more casual setting than traditional full-service restaurants.
These concepts have appealed to busy consumers who prefer a quick but satisfying dining experience. Another trend that has gained significant traction is the growth of food delivery services such as Deliveroo and Uber Eats. These platforms have transformed the way consumers access restaurant meals, allowing them to enjoy a wider variety of cuisines from the comfort of their own homes.
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Target buyers of UK 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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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 country-level data and insights on the UK food wrap market , including forecasts for subscribers. This country databook contains high-level insights into UK food wrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK food wrap market size, by material, 2018-2030 (US$M)
UK Food Wrap Market Outlook Share, 2024 & 2030 (US$M)
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