It is anticipated that in 2022, the global high barrier lidding film market would be worth US$2,203.7 million. Due to its excellent performance, low weight, beautiful packaging, and popularity during the forecast period (2022 to 2032), sales of high barrier lidding film are anticipated to increase at a CAGR of 5.9%, reaching a value of US$ 3,909.4 million.
The way food is packaged affects the entire production process. Contamination at the packaging stage is typically overlooked when it comes to food safety because the focus is on food preparation, even though packaging is already acknowledged as a quiet salesperson for manufacturers. Yogurt, soup, meats, cheese, and other food items are typically stored in containers that are frequently sealed with plastic bowls, cups, trays, and lids. Laminated materials such as foil, paper, polyester, PET, or a number of other metalized and non-metalized materials are widely used to provide high barrier lidding. They are designed to keep food products secure so they can remain on store shelves for longer.
For details on vendors and their offerings – Request a sample report https://www.futuremarketinsights.com/reports/sample/rep-gb-4141
Key Players
- Bemis Company, Inc.
- DuPont Teijin Films US Limited Partnership
- TCL Packaging Ltd
- Golden Eagle Extrusions, Inc.
- Sealed Air Corporation
- Toray Plastics (America), Inc.
- Schur Flexibles Holding GesmbH
- Multi-Pastics, Inc.
- Mondi Group
- Clifton Packaging Group Ltd
High Barrier Lidding Film Market: Drivers and Restraints
The market for high barrier lidding films is anticipated to be driven by growth in the consumption of packaged food and beverages products across the globe. Customer preference for ready, fresh food and beverages packed in various sized trays and cups under low-oxygen MAP is fueling the growth of the global high barrier lidding films market.
However, environment as the biggest concern over the years, Biodegradability has emerged as major challenges and has hampered the growth of high barrier lidding films market to a large extend. With various government and non-government organizations continuously promoting the development of bio-based materials, it has also emerged as a significant opportunity for market players to develop biodegradable high barrier lidding films.
The High Barrier Lidding Film Market is Attributed to the Increasing Demand for Packaged Food and Beverages.
The consumption of packaged food and beverages is expected to increase globally, which is expected to boost the market for high barrier lidding films. Fresh food and drinks packaged in various-sized trays and cups under low-oxygen MAP are becoming increasingly popular with consumers, which is positively driving the growth of the global high barrier lidding films market.
Due to their busy lifestyles, customers constantly seek for handy goods like ready-to-eat foods and microwave cooking, which may considerably fuel market expansion.
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-4141
High Barrier Lidding Film: Market Segmentation
High Barrier Lidding Film Market by Product Type:
- Cup High Barrier Lidding Films
- Tray High Barrier Lidding Films
- Top-Web High Barrier Lidding Films
High Barrier Lidding Film Market by Material Used:
- Polyethylene (PE) High Barrier Lidding Films
- Polypropylene (PP) High Barrier Lidding Films
- Polyethylene Terephthalate (PET) High Barrier Lidding Films
- Polyvinyl Chloride (PVC) High Barrier Lidding Films
High Barrier Lidding Film Market by Application:
- High Barrier Lidding Films for Food and Beverages
- High Barrier Lidding Films for Pharmaceuticals
- High Barrier Lidding Films for Cosmetics
- High Barrier Lidding Films for Consumer Goods
High Barrier Lidding Film Market by Region:
- North America High Barrier Lidding Film Market
- Latin America High Barrier Lidding Film Market
- Europe High Barrier Lidding Film Market
- Asia Pacific High Barrier Lidding Film Market
- Middle East and Africa High Barrier Lidding Film Market
Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-4141
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com