Foils & Wraps

Foil and wraps are used in the kitchen on a daily basis all across the globe. These products are one of the most essential items to have around the kitchen thanks to the versatility and convenience they bring. Foil and wraps are used to store food, cover baking surfaces, wrap food such as meats to prevent loss of moisture while cooking, cook and grill foods such as vegetables, foil can also be used as trays and disposable plates in order to keep things neat and tidy in the kitchen. Because of the multi-task benefits these products have there is high demand for them and private label companies have found a lot of success in this field.

Kitchen foils and wraps market is valued to be some USD 17.9 billion in 2019 and is expected to reach USD 24.18 billion by 2025, at a CAGR of 3.27% over the forecast period 2020 - 2025. Consumers prefer products which serve multiple purposes, are easy to handle, readily available and provide sustainability.
These factors have influenced the growth of kitchen foils and wraps on the market. Private label brands have also experienced a lot of growth in sales in the recent years. Because of the rise in product quality, consumers have started to view private label brands as serious investments and not just cheap copies of national brands. High quality products which are also affordable appeal greatly to consumers and this has created competition on the market. Because of the high demand for kitchen foils and rise of private label brands, it would be a great business move to create your own private label brand.