Reusable Wrap Market
Reusable Wrap Market By Size (Small, Medium, Large), By Application (Breads, Cheese, Vegetables), By Sales Channel (Supermarket/Hypermarket, Health food Stores) & By Region - Global Market Insights 2022-2032
Analysis of Reusable Wrap Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Reusable Wrap Market Outlook (2022 to 2032)
Fast-paced lifestyles, increasing living standards and technological advancements have widened the scope of the convenience products market. This has led to the growth of eco-friendly alternatives to plastic wraps, such as reusable wraps for the benefit of consumers. The expanding food packaging industry is expected to increase the demand for a reusable wraps in end-use applications such as bread, baked goods, and vegetables.
The growth in the nutrition industry in the past decade has been a significant factor driving the demand for a reusable wrap with health-enhancing features. The wrap industry has witnessed a shift from plastic wrap to reusable with no chemical additives. Eco-minded individuals are producing their reusable wrap, which will increase the usage of reusable wrap among individuals.
The reusable wear market is fragmented in nature due to a large presence of regional manufacturers such as household manufacturing. The consumer attraction toward hygienic packaging will increase the usage of reusable wrap in the forecast period. By focusing on the cutting off of single-use packaging options the manufacturers are saving the cost of raw materials as well as energy and labor. The packaging is designed for repeated usage that is stronger and more durable are likely to see positive demand in the forecast duration.
The reusable wrap market valuation estimates to be USD 15.89 Billion in 2022. The market is anticipated to surpass a valuation of USD 45.12 Billion by 2032. The forecast period for this research is 2022-2032. The market is anticipated to gain a CAGR of 11% in the forecast period.
| Report Attributes | Details |
|---|---|
| Market size (2022 A) | USD 15.89 Billion |
| Base Year for Estimation | 2022 |
| Forecast duration for this research | 2022-2032 |
| Forecasted Market value (2032 F) | USD 45.12 Billion |
| Global Market Growth rate (2022-2032 E) | CAGR of 11% |
| Key Companies Profiled | Beeswax Wrap Co.; Glory bee; U-Konserve; Liliwrap Inc.; The Cary Company; Pearlice Group; Hexton Bee Company; Abeego Wrap; Wrag Wrap Co. |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
What are the drivers of the reusable wraps market?
The increasing food & beverages industry is likely to escalate the demand for reusable wraps across the globe. One of the prominent factors driving the growth of the reusable wrap companies is increasing household expenditure. Increasing preference for these wraps among the middle-class population globally is attributed to rising disposable income and the benefits of reusable wraps, such as compostable and chemical-free characteristics, which are factors expected to drive the growth of this product in the near future.
To cut down the amount of single-use of plastics a new wave of start-ups has popped up to meet consumer demand and developed sustainable products like straws, reusable wraps, and others. These start-ups’ are encouraging consumers by marketing a positive message regarding reusable wrap. This leads to increases in the demand for reusable wrap among consumers in the forecast period. The government’s stringent rules concerning the usage of plastic also anticipate the growth of the reusable wrap arcade.
“High price restrain the growth of reusable wrap”
The reusable wrap is not ideal for all kinds of foods, and they need maintenance after usage. These above-mentioned factors lead to restraining the growth of globally reusable wrap. The high price of products and less awareness among consumers leads to hampers the growth of the segment.
Regional Insights
North America is estimated to be the largest sector for reusable wrap due to its developed economies and significant rise in the food & beverages industry across the region. Developing economies, such as India and China, have witnessed rapid industrial and economic growth in the last few decades.
This is a major reason for the growth of the working population, rising educational facilities, and increasing health consciousness among the population in such countries. Therefore, in order to provide proper hygienic food, working organizations are shifting their focus from conventional forms of food packaging to reusable food packaging, which leads to increasing demand for reusable wrap in the region.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Segment wise analysis
The global reusable wraps market is segmented into sizes ranging from small, large, and medium. The small reusable wraps are widely used in confectionary products like butter, and chocolates. The segments are further categorized on the basis of application in various industries including food, and bakery gifts. The market is segmented into regions such as North America, Europe, and Middle east, and Africa.
Competitive Landscape
The reusable wrap market is highly fragmented due to the presence of local and international brands. These top players are joining markets with novel products. The cost plays a main part in market competition. The eco-friendly wraps cater to every type of customer. Major market players are opting for collaborations and mergers that determine the multiplier effect on the industry.
- The Beeswrap company produces protective reusable wraps that can be used to cover sandwiches, cheese, and veggies. These wraps are able to keep food fresh for longer and are meant to store leftover food without the use of plastic. These wraps are washable and retain their shape that multiple-time time usage.
- Liliwrap has launched a range of beautiful reusable wraps for packing gifts. These wraps are used to pack gifts as well as bottles which are dominantly made of reusable fabric.
Global Reusable Wrap Market Segmentation
The global reusable wrap market can be segmented on the basis of a variety of sizes, end-use applications, and sales channels.
-
By Size :
- Small (7 x 8 inch)
- Medium (10 x 11 inch)
- Large (13 x 14 inch)
-
By Application :
- Breads
- Cheese
- Vegetables
- Baked Goods
- Others
-
By sales channels :
- Supermarket/Hypermarket
- Health food Stores
- Third-party Online
- Other Channels
-
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Size 6.2. Application 6.3. Sales Channels 7. Global Market Analysis and Forecast, By Size 7.1. Small (7 x 8 inch) 7.2. Medium (10 x 11 inch) 7.3. Large (13 x 14 inch) 8. Global Market Analysis and Forecast, By Application 8.1. Breads 8.2. Cheese 8.3. Vegetables 8.4. Baked Goods 8.5. Others 9. Global Market Analysis and Forecast, By Sales Channels 9.1. Supermarket/Hypermarket 9.2. Health food Stores 9.3. Third-party Online 9.4. Other Channels 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Size , Application , and Sales Channels for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Beeswax Wrap Co. 20.2. Glory bee 20.3. U-Konserve 20.4. Liliwrap Inc. 20.5. The Cary Company 20.6. Pearlice Group 20.7. Hexton Bee Company 20.8. Abeego Wrap 20.9. Wrag Wrap Co.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market US$ Bn Forecast by Region
Table 02: Global Market US$ Bn Forecast by Size
Table 03: Global Market US$ Bn Forecast by Application
Table 04: Global Market US$ Bn Forecast by Sales Channels
Table 05: North America Market US$ Bn Forecast by Country
Table 06: North America Market US$ Bn Forecast by Size
Table 07: North America Market US$ Bn Forecast by Application
Table 08: North America Market US$ Bn Forecast by Sales Channels
Table 09: Latin America Market US$ Bn Forecast by Country
Table 10: Latin America Market US$ Bn Forecast by Size
Table 11: Latin America Market US$ Bn Forecast by Application
Table 12: Latin America Market US$ Bn Forecast by Sales Channels
Table 13: Western Europe Market US$ Bn Forecast by Country
Table 14: Western Europe Market US$ Bn Forecast by Size
Table 15: Western Europe Market US$ Bn Forecast by Application
Table 16: Western Europe Market US$ Bn Forecast by Sales Channels
Table 17: Eastern Europe Market US$ Bn Forecast by Country
Table 18: Eastern Europe Market US$ Bn Forecast by Size
Table 19: Eastern Europe Market US$ Bn Forecast by Application
Table 20: Eastern Europe Market US$ Bn Forecast by Sales Channels
Table 21: Asia Pacific Market US$ Bn Forecast by Country
Table 22: Asia Pacific Market US$ Bn Forecast by Size
Table 23: Asia Pacific Market US$ Bn Forecast by Application
Table 24: Asia Pacific Market US$ Bn Forecast by Sales Channels
Table 25: East Asia Market US$ Bn Forecast by Country
Table 26: East Asia Market US$ Bn Forecast by Size
Table 27: East Asia Market US$ Bn Forecast by Application
Table 28: East Asia Market US$ Bn Forecast by Sales Channels
Table 29: MEA Market US$ Bn Forecast by Country
Table 30: MEA Market US$ Bn Forecast by Size
Table 31: MEA Market US$ Bn Forecast by Application
Table 32: MEA Market US$ Bn Forecast by Sales Channels
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Size
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Sales Channels
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is reusable wraps market?
The reusable wrap market valuation estimates to be USD 15.89 Billion in 2022.
What are the factors that drive demand for reusable wraps in the market?
The consumer shift from plastic to non-plastic wraps out of environmental concerns is propelling demand for reusable wraps in the market.
What is a projection for the growth rate in the reusable wraps market?
The market is anticipated to gain a CAGR of 11% during forecast period 2022-2032.
What is the future market outlook for the reusable wraps market?
The market is anticipated to surpass a valuation of USD 45.12 Billion by 2032.
Who are the prominent market players in the reusable wraps market?
The key market players in the reusable wrap arcade are- • Beeswax Wrap Co. • Glory bee • U-Konserve • Liliwrap Inc. • The Cary Company • Pearlice Group • Hexton Bee Company • Abeego Wrap
Reusable Wrap Market