Lidding Films Market Forecasts to 2028 – Global Analysis By Product (High Barrier Lidding Films, Dual-Ovenable Lidding Films, Specialty Lidding Films, Breathable Lidding Films, Die-Cut Lidding Films) and By Geography
According to Stratistics MRC, the Global Lidding Films Market is accounted for $2,683.26 million in 2020 and is expected to reach $4,610.34 million by 2028 growing at a CAGR of 7.0% during the forecast period. Factors such as increase in the penetration of retail outlets, growing e-commerce industry, and rising demand for packaged foods are driving the growth of the market. However, concerns regarding the environmental effects are hampering the growth of the market.
Lidding films are usually used for covering trays, tubs, etc. due to its high tensile strength, heat resistance, and stability. It also increases the shelf life of the product due to its high barrier resistance. Lidding films are also process optimized which helps in giving a cost effective product due to the cheaper raw material.
Based on the end user, the food & beverages segment is anticipated to expand at a rapid pace during the forecast period due to the increasing demand for ready-to-consume products. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the availability of raw materials coupled with the low labor cost.
Some of the key players profiled in the Lidding Films Market include Berry Plastics Corporation, Amcor Limited, Sealed Air Corporation, Bemis Company, Inc., The Mondi Group, Constantia Flexibles Group GmbH, Ampac Packaging LLC, Wipak Walsrode GmbH & Co. KG, Uflex Ltd, Schur Flexibles Holding GembH, Clifton Packaging Group Ltd, Linpac Packaging Limited, Plastopil Hazorea Company Ltd, Toray Plastics (America), Inc, and Impak Films Pty Ltd.
• Polyvinyl Chloride
• Polyethylene Terephthalate (PET)
• Ethylene Vinyl Alcohol (EVOH)
• High Impact Polystyrene Sheet (HIPS)
• High Barrier Lidding Films
• Dual-Ovenable Lidding Films
• Specialty Lidding Films
• Breathable Lidding Films
• Die-Cut Lidding Films
• Cans & Bottles
End Users Covered:
• Food & Beverages
• Electrical & Electronics
• Personal Care & Cosmetics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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