U.S. Food Contact Paper Market to Grow 6.4% Annually through 2019
Research and Markets, Dublin, Ireland, has announced the addition of the Food Contact Paper Market in the U.S., 2015-2019 researchandmarket.com report to its offering. One of the trends emerging in the U.S. food contact market is the growing demand for biodegradable packaging products. Manufacturers are using paper-based materials and coatings that are eco-friendly in response to an increase in environmental concerns among consumers.
According to the report, the food contact paper market in the U.S. is expected to grow at a CAGR of 6.43% over the period 2014-2019. Different types of paper-derived packaging materials are available in the market, ranging from simple wraps to cartons. These materials are capable of preserving food products for long periods of time. Manufacturers of food products prefer food contact paper and board for cost-efficient packaging as their light weight and durability allow for reduced transportation and handling costs. Retailers and product manufacturers also use paper packaging materials to distinguish their products from those of competitors in terms of brand visibility.
The use of food contact paper can potentially lead to contamination of the content because of the presence of chemicals and printing inks. This affects the demand for these packaging products.
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