Published Date : Dec 20, 2016
The rising demand for fast and packaged food is expected to give significant impetus to the global grease resistant packaging market. As consumers move towards more convenient food, yet their concerns pertaining to the health and hygiene quotient rise, the demand for flexible yet sustainable packaging is expected to rise. This creates opportunities conducive to the growth of the global grease resistant packaging market.
Demand for Effective Food Packaging to Boost Growth
The rising demand for effective and clean packaging is thus expected to be the key factor driving the global grease resistant packaging market. Furthermore, the launch innovative packaging techniques by the leading players will also help the market grow in the forthcoming years. For instance, recently ZANDERS GMBH has launched flexible packaging techniques especially for products containing fat. In addition, the company is focusing on soon launching grease resistant packages suitable for aroma, steam, and mineral oil protection. Besides this, the rising use of recycled fiber obtained from waste paper in the manufacture of grease resistant packaging is also expected to boost the market.
Despite witnessing lucrative opportunities, the fact that grease resistant packages are transparent and may allow ultra violet rays penetrate into the wrapped food, limits their demand to an extent. Nevertheless, with leading manufacturers focusing on technological improvements, this concern is likely to be mitigated in the near future, and provide significant opportunities for the market’s growth.
Asia Pacific to Exhibit Lucrative Opportunities
Regionally, the global grease resistant packaging market can be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Among these regions, the market has been witnessing lucrative prospects in Asia Pacific as the region boasts a high consumption of fast foods compared to other segments. Furthermore, growth witnessed in the food industry and the fast mobbing consumer goods market will aid the expansion of the grease resistant packaging market in Asia Pacific.
Some of the leading companies operating in the global market are Mondi, Domtar and Ahlstrom Corporation, ZANDERS GMBH, and others.