The market intelligence study titled “Butcher and Freezer Paper Fillers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” delves into the prospect of growth of the world market for Butcher and Freezer Paper Fillers. It also assesses the sequential growth of the said market over the forecast timeframe that extends from the year 2016 to 2024.
Packaging has evolved into an important component of modern life owing to storage, ease of transportation, and preference of consumer towards an extensive usage of paper as packaging solutions. The segment of food packaging is experiencing substantial growth over the last few years, and many different innovative packaging solutions were also introduced and adopted over the period, with the aim of increasing demand for food packaging.
Augmented preference of consumers for paper as a packaging material due to its environment friendly property is the primary driver of the said market. Butcher and freezer paper is also regarded as one of the important packaging solutions amongst various brand owners. Freezer paper refers to a thick paper with plastic and wax coating on one side of the paper and the no coating on the other.
Butcher and Freezer Paper Fillers Market: Trends and Opportunities
The main element that has resulted in the rapid growth of the world market for butcher and freezer paper is the increasing demand for meat and poultry products across the globe. Butcher and freezer paper assists in the extension of the shelf life of the products and it is prognosticated to propel sales of butcher and freezer paper. Meat and poultry products are becoming popular amongst the consumers, due to consumer choice for meat consumption so as to derive proteins.
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Consumer preference for ready-to-eat or takeaway foods is rising, rapid urbanization, ever changing lifestyles, growing disposable income particularly in emerging economies are all expected to trigger market growth. Furthermore, online platforms in many of the emerging countries are impacting positively the sales of butcher and freezer paper over the period of forecast. This is further leading to high competition across various food delivery platforms amongst various food service companies. In addition to that, bakery industry is also experiencing an impressive growth, which, in turn, is resulting in the rising turnover of the butcher and freezer paper in the future.
Butcher and Freezer Paper Fillers Market: Geography
In terms of region, the world market for butcher and freezer paper has been segmented into five key geographies, namely, Latin America, North America, Europe, and Middle East & Africa, and Asia Pacific. The region of North America is anticipated to hold lion’s share of the market over the period of forecast. Such regional dominance is attributed to the growth of the meat and sea food industries in the U.S. The said market in Asia Pacific is anticipated to experience enough growth over the period of forecast. China and India are the promising markets for the butcher and freezer paper manufacturers, due to the progress of food delivery services companies in the respective nations. However, the Latin American market is prognosticated to project slow growth over the period of forecast.
Butcher and Freezer Paper Fillers Market: Company Profiling
Some of the eminent market players operating in the world market for butcher and freezer paper are Buckeye Paper, Inc., McNairn Packaging, WestRock Company, Reynolds Consumer Products, Novolex, and Oren International.
