Global Wrapping Papers Market
Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
The global wrapping papers market rose to $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $ in 2019; however, from to , consumption remained at a lower figure.
In value terms, wrapping papers production stood at $ in estimated in export price. In general, the total production indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, global production attained the peak level at $ in 2019; however, from to , production stood at a somewhat lower figure.
The country with the largest volume of wrapping papers production was China ( tons), accounting for % of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the United States ( tons), threefold. Sweden ( tons) ranked third in terms of total production with a % share.
In China, wrapping papers production expanded at an average annual rate of +% over the period from 2007-. The remaining producing countries recorded the following average annual rates of production growth: the United States (+% per year) and Sweden (-% per year).
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $ in 2019; however, from to , consumption remained at a lower figure.In value terms, wrapping papers production stood at $
in estimated in export price. In general, the total production indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, global production attained the peak level at $ in 2019; however, from to , production stood at a somewhat lower figure.The country with the largest volume of wrapping papers production was China (
tons), accounting for % of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the United States ( tons), threefold. Sweden ( tons) ranked third in terms of total production with a % share.In China, wrapping papers production expanded at an average annual rate of +
% over the period from 2007-. The remaining producing countries recorded the following average annual rates of production growth: the United States (+% per year) and Sweden (-% per year).Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
In , consumption of wrapping paper, packaging paper and paperboard increased by % to tons, rising for the second consecutive year after two years of decline. In general, consumption recorded mild growth. Global consumption peaked at tons in 2018; however, from 2019 to , consumption failed to regain momentum.
The global wrapping papers market value reached $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs in and is expected to retain growth in the near future.
, consumption of wrapping paper, packaging paper and paperboard increased by % to tons, rising for the second consecutive year after two years of decline. In general, consumption recorded mild growth. Global consumption peaked at tons in 2018; however, from 2019 to , consumption failed to regain momentum.The global wrapping papers market value reached $
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs in and is expected to retain growth in the near future.Consumption by Country
Please note: Annual data for 2022 are preliminary and subject to revision
The country with the largest volume of wrapping papers consumption was China ( tons), accounting for % of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the United States ( tons), fivefold. Turkey ( tons) ranked third in terms of total consumption with a % share.
From 2007 to, the average annual rate of growth in terms of volume in China stood at +%. In the other countries, the average annual rates were as follows: the United States (+% per year) and Turkey (+% per year).
In value terms, China ($) led the market, alone. The second position in the ranking was held by the United States ($). It was followed by Italy.
From 2007 to, the average annual growth rate of value in China totaled +%. In the other countries, the average annual rates were as follows: the United States (+% per year) and Italy (+% per year).
From 2007 to, the average annual growth rate of the wrapping papers per capita consumption in No country was relatively modest.
tons), accounting for % of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the United States ( tons), fivefold. Turkey ( tons) ranked third in terms of total consumption with a % share.From 2007 to
, the average annual rate of growth in terms of volume in China stood at +%. In the other countries, the average annual rates were as follows: the United States (+% per year) and Turkey (+% per year).In value terms, China ($
) led the market, alone. The second position in the ranking was held by the United States ($). It was followed by Italy.From 2007 to
, the average annual growth rate of value in China totaled +%. In the other countries, the average annual rates were as follows: the United States (+% per year) and Italy (+% per year).From 2007 to
, the average annual growth rate of the wrapping papers per capita consumption in No country was relatively modest.Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Driven by increasing demand for wrapping papers worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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