North America Food Wrap Market Size & Outlook, 2025-2030
Global Market
Related Markets
North America food wrap market highlights
- The North America food wrap market generated a revenue of USD 1,487.4 million in 2023.
- The market is expected to grow at a CAGR of 7.1% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,487.4 million |
| Market revenue in 2030 | USD 2,410.6 million |
| Growth rate | 7.1% (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 |
| 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, North America region accounted for 28.9% of the global food wrap market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,203.1 million by 2030.
The food service industry in North America encompasses a wide range of establishments that provide food to customers outside their homes. These include hotels, canteens, university canteens, catering service companies, food bars, and restaurants.
In addition, the increasing popularity of new restaurant formats, such as virtual kitchens, cloud kitchens, and ghost kitchens, is also contributing to the growth of the food service industry in North America.
Therefore, the flourishing food service industry is expected to benefit food service-related companies offering Ready-To-Eat (RTE) food, beverages, food & beverage packaging, cutlery, and others. This, in turn, is anticipated to increase the demand for food wraps in the food service industry in North America over the forecast period.
No credit card required*
Publish Date: Oct 15, 2024
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
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/ |
North America 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 53.64% in 2023.
Horizon Databook has segmented the North America 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 North America encompasses a wide range of establishments that provide food to customers outside their homes. These include hotels, canteens, university canteens, catering service companies, food bars, and restaurants.
In addition, the increasing popularity of new restaurant formats, such as virtual kitchens, cloud kitchens, and ghost kitchens, is also contributing to the growth of the food service industry in North America.
Therefore, the flourishing food service industry is expected to benefit food service-related companies offering Ready-To-Eat (RTE) food, beverages, food & beverage packaging, cutlery, and others. This, in turn, is anticipated to increase the demand for food wraps in the food service industry in North America over the forecast period.
- North America Food Wrap Market Material Outlook (Revenue, USD Million , 2018-2030)
- Plastic Foil
- Aluminum Foil
- Paper
- North America Food Wrap Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food Service
- Online
- Institutional
Reasons to subscribe to Food Wrap Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.).
- 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 continent-level data and insights on the North America Food Wrap Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Food Wrap Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Food Wrap Market, 2018-2030 (US$M)
North America food wrap market statistics, by material, 2018-2030 (Kilo Tons)
