China Food Wrap Market Size & Outlook, 2025-2030
Global Market
Related Markets
China food wrap market highlights
- The China food wrap market generated a revenue of USD 618.4 million in 2023 and is expected to reach USD 1,026.6 million by 2030.
- The China market is expected to grow at a CAGR of 7.5% 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 618.4 million |
| Market revenue in 2030 | USD 1,026.6 million |
| Growth rate | 7.5% (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, China accounted for 12.0% 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 Asia Pacific, China food wrap market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 654.4 million by 2030.
The food service industry in China has experienced rapid growth and transformation in recent years, driven by urbanization, rising disposable incomes, and changing consumer preferences. The sector encompasses a wide range of establishments, from traditional street food vendors and small family-run restaurants to high-end dining establishments and international fast-food chains.
The industry continues to evolve with an increasing focus on convenience, quality, and diverse culinary experiences. This overall food service outlook is anticipated to benefit the food wrap market in the country.
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Publish Date: Oct 15, 2024
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Food Wrap Market Scope
Food Wrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amcor PLC | View profile | 41,000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | www.amcor.com |
| Berry Global Group Inc | View profile | 44,000 | 101 Oakley Street, Evansville, IN, United States, 47710 | www.berryglobal.com |
| Ahlstrom-Munksjö | View profile | 5001-10000 | Helsinki, Southern Finland, Finland, Europe | www.ahlstrom-munksjo.com/ |
| Mitsubishi Chemical Group Corp | View profile | 74,632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | www.mcgc.com |
| Reynolds Consumer Products Inc Ordinary Shares | View profile | 6,000 | 1900 W. Field Court, Lake Forest, IL, United States, 60045 | www.reynoldsconsumerproducts.com |
| Georgia-Pacific Packaging & Cellulose | View profile | 251-500 | Atlanta, Georgia, United States, North America | www.gppackaging.com |
| ProAmpac | View profile | 5001-10000 | Cincinnati, Ohio, United States, North America | www.proampac.com/ |
| Veritiv | View profile | 10001+ | Atlanta, Georgia, United States, North America | www.veritivcorp.com |
| Pixelle Specialty Solutions | View profile | 1001-5000 | Spring Grove, Pennsylvania, United States, North America | www.pixelle.com/ |
| Huhtamaki | View profile | 10001+ | Espoo, Southern Finland, Finland, Europe | huhtamaki.com/ |
China 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 Outlook will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 53.74% in 2023.
Horizon Databook has segmented the China 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 China has experienced rapid growth and transformation in recent years, driven by urbanization, rising disposable incomes, and changing consumer preferences. The sector encompasses a wide range of establishments, from traditional street food vendors and small family-run restaurants to high-end dining establishments and international fast-food chains.
The industry continues to evolve with an increasing focus on convenience, quality, and diverse culinary experiences. This overall food service outlook is anticipated to benefit the food wrap market in the country.
- China Food Wrap Market Material Outlook (Revenue, USD Million , 2018-2030)
- Plastic Foil
- Aluminum Foil
- Paper
- China Food Wrap Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food Service
- Online
- Institutional
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Target buyers of Food Wrap Market Outlook databook
- Our clientele includes a mix of Food Wrap Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- 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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Horizon Databook provides a detailed overview of country-level data and insights on the China Food Wrap Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Food Wrap Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Food Wrap Market, 2018-2030 (US$M)
China food wrap market statistics, by material, 2018-2030 (Kilo Tons)
