Wrapping Papers Market Overview in the USA
In value terms, wrapping papers production shrank slightly to $ in . Over the period under review, production showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. Wrapping papers production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.
The size of the wrapping papers market in the U.S. expanded modestly 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). Overall, consumption continues to indicate pronounced growth. The growth pace was the most rapid in 2018 with an increase of % year-to-year. Wrapping papers consumption peaked at $ in 2013; however, from 2014 to , consumption failed to regain the momentum.