Reusable Food Wrap Market – Global Industry Analysis and Forecast (2023 -2029)

Reusable Food Wrap Market is expected to grow at a CAGR of 11% during the forecast period and Market is expected to reach US$ 32.99 Bn. by 2029.

Reusable Food Wrap Market Overview

The Reusable food wrap is an environmentally friendly, long-lasting alternative to plastic wrap, which is commonly used to wrap bread, snacks, cheese, and other foods. Pine resin, beeswax, jojoba oil, and organic cotton are the most common materials used to make reusable food wrap.Reusable Food Wrap MarketTo know about the Research Methodology :- Request Free Sample Report The reusable food wrap is biodegradable and is used by food & beverage industries which are creating demand for these products globally. Also, consumers nowadays are more aware of the food packaging which is expected to have a positive impact on the global food wrap market. Manufacturers' efforts to make reusable food wrappers more affordable are critical for market growth and are expected to open up plenty of global prospects. Wraps with diverse styles and patterns are being produced by manufacturers to appeal to customers of all ages. Similarly, growth in disposable income of the working population, growing health awareness among the customers are the factors propelling the market forward during the forecast period. FMCG is one of the world's most important industries. FMCG items such as packaged meals, drinks, personal and healthcare products, and others are seeing steady demand globally during the forecast period. This in turn is expected to drive the growth of the global reusable food wrap market during the forecast period. Many individuals aren't aware of the existence of reusable food wrappers. The market might be hampered by a lack of awareness. Secondly, reusable food wrappers are costly and out of reach for many customers. They're also unfit for some kinds of food.

Reusable Food Wrap Market Segment Analysis

By Material, bee wax based reusable food wraps accounted for the largest market share in 2019 due to their high usage for household food wrapping. The reusable silicone-based food wrap segment is expected to grow at the fastest pace during the forecast period. Reusable silicone food covers are extremely robust and long-lasting, and with repeated usage, which remain intact and as good as new for an infinite period. The manufactures are trying their hands to provide optimized and improved products to meet consumer demand. By Distribution Channel, Hypermarkets and supermarkets held a share of more than 45.0% in 2019. The major reasons driving segment growth are an increase in the number of supermarkets/hypermarkets and the availability of a diverse variety of items in such outlets. Because of the huge variety of items available, big supermarkets are a popular place to buy food products. Consumers find it easier to acquire everyday necessities at cheaper rates in these stores, which is expected to generate considerable segment development during the forecast period. The online segment is anticipated to be the fastest-growing distribution channel with a CAGR of 4.4% during the forecast period. The global COVID-19 epidemic and growing social distance are driving demand for these baked goods via e-commerce. Also, key players from the offline market have started adopting e-commerce due to its discounts, doorstep delivery, and availability of a wide range of products.

Regional Analysis

North America has seen significant development in the food and beverage sector, as well as an increase in industrialization. The region is anticipated to dominate the global reusable food wrap market during the forecast period. In addition, Asia Pacific is the fastest-growing area for the reusable food wrap market, owing to the region's growing working population, improved educational facilities, and increased health consciousness. As a result, to offer sanitary food, working groups are moving their attention from traditional food wrapping to reusable food wrapping, which is increasing the demand for reusable food wrap in the region. The objective of the report is to present a comprehensive analysis of the Global Reusable Food Wrap Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Reusable Food Wrap Market dynamics, structure by analyzing the market segments and project the Global Reusable Food Wrap Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Reusable Food Wrap Market make the report investor’s guide.

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Global Reusable Food Wrap Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 15.89 Bn.
Forecast Period 2023 to 2029 CAGR: 11% Market Size in 2029: US $ 32.99 Bn.
Segments Covered: by Material Bee wax Silicone
by Distribution Channel Hypermarket & Supermarket Convenience Stores Online Others

by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Reusable Food Wrap Market Key Players

1. Keep Leaf 2. Re-Wrap-It 3. Hexton Bee Company 4. Eco Snack Wrap 5. LilyBee Wrap 6. Wrap-N-Mat, Inc 7. U-KONSERVE 8. Abeego Designs Inc 9. ONYA LIFE 10.The Beeswax Wrap Company Ltd 11.BeeBae 12.Criss Elite 13.Savourio 14.ARCBLD 15.Bee’s Wrap

Frequently Asked Questions:

1. Which region has the largest share in Global Reusable Food Wrap Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Reusable Food Wrap Market? Ans: The global market is growing at a CAGR of 11% during forecasting period 2023-2029. 3. What is scope of the Global Reusable Food Wrap Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Reusable Food Wrap Market size in 2022? Ans: The Global Reusable Food Wrap Market was valued at US$ 15.89 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Reusable Food Wrap Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Reusable Food Wrap Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Reusable Food Wrap Market 3.4. Geographical Snapshot of the Reusable Food Wrap Market, By Manufacturer share 4. Global Reusable Food Wrap Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Reusable Food Wrap Market 5. Supply Side and Demand Side Indicators 6. Global Reusable Food Wrap Market Analysis and Forecast, 2022-2029 6.1. Global Reusable Food Wrap Market Size & Y-o-Y Growth Analysis. 7. Global Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 7.1.1. Bee wax 7.1.2. Silicone 7.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 7.2.1. Hypermarket & Supermarket 7.2.2. Convenience Stores 7.2.3. Online 7.2.4. Others 8. Global Reusable Food Wrap Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 9.1.1. Bee wax 9.1.2. Silicone 9.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 9.2.1. Hypermarket & Supermarket 9.2.2. Convenience Stores 9.2.3. Online 9.2.4. Others 10. North America Reusable Food Wrap Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 12. Canada Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 13. Mexico Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 14. Europe Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 15. Europe Reusable Food Wrap Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 17. France Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 18. Germany Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 19. Italy Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 20. Spain Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 21. Sweden Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 22. CIS Countries Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 23. Rest of Europe Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 24. Asia Pacific Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 25. Asia Pacific Reusable Food Wrap Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 27. India Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 28. Japan Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 29. South Korea Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 30. Australia Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 31. ASEAN Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 32. Rest of Asia Pacific Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 33. Middle East Africa Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 34. Middle East Africa Reusable Food Wrap Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 36. GCC Countries Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 37. Egypt Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 38. Nigeria Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 39. Rest of ME&A Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 40. South America Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 41. South America Reusable Food Wrap Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 43. Argentina Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 44. Rest of South America Reusable Food Wrap Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Reusable Food Wrap Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. ONYA LIFE 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Keep Leaf 45.5. Re-Wrap-It 45.6. Hexton Bee Company 45.7. Eco Snack Wrap 45.8. LilyBee Wrap 45.9. Wrap-N-Mat, Inc 45.10. U-KONSERVE 45.11. Abeego Designs Inc 45.12. ONYA LIFE 45.13. The Beeswax Wrap Company Ltd 45.14. BeeBae 45.15. Criss Elite 45.16. Savourio 45.17. ARCBLD 45.18. Bee’s Wrap 46.Primary Key Insights
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