Global Wrapping Papers Market Overview
Market Overview
After four years of growth, the global wrapping papers market decreased by -
% to $ in . 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by % year-to-year. Global consumption peaked at $ in 2019, and then dropped slightly in the following year.
In value terms, wrapping papers production shrank slightly to $ in estimated in export prices. In general, the total production indicated a temperate expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Global production peaked at $ in 2019, and then dropped modestly in the following year.
China ( tonnes) remains the largest wrapping papers producing country worldwide, accounting for % of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the U.S. ( tonnes), threefold. The third position in this ranking was occupied by Sweden ( tonnes), with a % share.
From 2007 to, the average annual rate of growth in terms of volume in China totaled +%. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+% per year) and Sweden (-% per year).
% to $ in . 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by % year-to-year. Global consumption peaked at $ in 2019, and then dropped slightly in the following year.In value terms, wrapping papers production shrank slightly to $
in estimated in export prices. In general, the total production indicated a temperate expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Global production peaked at $ in 2019, and then dropped modestly in the following year.China (
tonnes) remains the largest wrapping papers producing country worldwide, accounting for % of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the U.S. ( tonnes), threefold. The third position in this ranking was occupied by Sweden ( tonnes), with a % share.From 2007 to
, the average annual rate of growth in terms of volume in China totaled +%. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+% per year) and Sweden (-% per year).Consumption
In , consumption of wrapping paper, packaging paper and paperboard decreased by -% to tonnes, falling for the second consecutive year after four years of growth. The total consumption volume increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. Global consumption peaked at tonnes in 2018; however, from 2019 to , consumption remained at a lower figure.
The global wrapping papers market value shrank slightly to $ in , dropping 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. The pace of growth appeared the most rapid in 2011 when the market value increased by % against the previous year. Over the period under review, the global market reached the peak level at $ in 2019, and then shrank modestly in the following year.
, consumption of wrapping paper, packaging paper and paperboard decreased by -% to tonnes, falling for the second consecutive year after four years of growth. The total consumption volume increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. Global consumption peaked at tonnes in 2018; however, from 2019 to , consumption remained at a lower figure.The global wrapping papers market value shrank slightly to $
in , dropping 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. The pace of growth appeared the most rapid in 2011 when the market value increased by % against the previous year. Over the period under review, the global market reached the peak level at $ in 2019, and then shrank modestly in the following year.Consumption By Country
China ( tonnes) remains the largest wrapping papers consuming country worldwide, comprising approx. % of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. ( tonnes), fourfold. Japan ( tonnes) ranked third in terms of total consumption with a % share.
In China, wrapping papers consumption expanded at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of consumption growth: the U.S. (+% per year) and Japan (-% per year).
In value terms, China ($) led the market, alone. The second position in the ranking was occupied by the U.S. ($). It was followed by Japan.
In China, the wrapping papers market expanded at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: the U.S. (+% per year) and Japan (-% per year).
In, the highest levels of wrapping papers per capita consumption was registered in Finland ( kg per person), followed by Italy ( kg per person), Canada ( kg per person) and Turkey ( kg per person), while the world average per capita consumption of wrapping papers was estimated at kg per person.
In Finland, wrapping papers per capita consumption remained relatively stable over the period from 2007-. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Italy (+% per year) and Canada (+% per year).
tonnes) remains the largest wrapping papers consuming country worldwide, comprising approx. % of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. ( tonnes), fourfold. Japan ( tonnes) ranked third in terms of total consumption with a % share.In China, wrapping papers consumption expanded at an average annual rate of +
% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of consumption growth: the U.S. (+% per year) and Japan (-% per year).In value terms, China ($
) led the market, alone. The second position in the ranking was occupied by the U.S. ($). It was followed by Japan.In China, the wrapping papers market expanded at an average annual rate of +
% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: the U.S. (+% per year) and Japan (-% per year).In
, the highest levels of wrapping papers per capita consumption was registered in Finland ( kg per person), followed by Italy ( kg per person), Canada ( kg per person) and Turkey ( kg per person), while the world average per capita consumption of wrapping papers was estimated at kg per person.In Finland, wrapping papers per capita consumption remained relatively stable over the period from 2007-
. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Italy (+% per year) and Canada (+% per year).Market Forecast
Driven by increasing demand for wrapping papers worldwide, the market is expected to continue an upward consumption trend over the next decade. 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 tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .
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