The food wrap market in France is expected to reach a projected revenue of US$ 378.0 million by 2030. A compound annual growth rate of 7% is expected of France food wrap market from 2024 to 2030.
The France food wrap market generated a revenue of USD 235.6 million in 2023 and is expected to reach USD 378.0 million by 2030.
The France market is expected to grow at a CAGR of 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 235.6 million
Market revenue in 2030
USD 378.0 million
Growth rate
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, France accounted for 4.6% 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.
The food service industry in France has witnessed the expansion of Quick Service Restaurants (QSRs) over the past decade. This outlook is driving the growth in the demand for food packaging, including food wraps in the country. One of the major drivers of this expansion is the rising demand for convenience among French consumers, particularly in urban areas.
Factors such as busier lifestyles, longer working hours, and the proliferation of on-the-go food consumption have all contributed to the increasing popularity of QSRs. International chains such as Subway, McDonald's, Burger King, and KFC have capitalized on this trend, expanding their footprint across the country and adapting their menus to cater to the local tastes.
For instance, in March 2024, Subway announced its plans to expand its presence in Europe through a partnership with McWin Restaurant Fund SCSp. This collaboration aims to enhance the company’s operations in France, the Czech Republic, Luxembourg, and Belgium.
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 53.82% in 2023.
Horizon Databook has segmented the France 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 France has witnessed the expansion of Quick Service Restaurants (QSRs) over the past decade. This outlook is driving the growth in the demand for food packaging, including food wraps in the country. One of the major drivers of this expansion is the rising demand for convenience among French consumers, particularly in urban areas.
Factors such as busier lifestyles, longer working hours, and the proliferation of on-the-go food consumption have all contributed to the increasing popularity of QSRs. International chains such as Subway, McDonald's, Burger King, and KFC have capitalized on this trend, expanding their footprint across the country and adapting their menus to cater to the local tastes.
For instance, in March 2024, Subway announced its plans to expand its presence in Europe through a partnership with McWin Restaurant Fund SCSp. This collaboration aims to enhance the company’s operations in France, the Czech Republic, Luxembourg, and Belgium.
France Food Wrap Market Material Outlook (Revenue, USD Million , 2018-2030)
Plastic Foil
Aluminum Foil
Paper
France Food Wrap Market Application Outlook (Revenue, USD Million , 2018-2030)
Food Service
Online
Institutional
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Horizon Databook provides a detailed overview of country-level data and insights on the France Food Wrap Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into France Food Wrap Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.