Lidding Films Market Overview
Recent years have seen a dynamic shift in the manufacturing of the product and its packaging. Lidding Films manufacturers are mainly focusing on upgrading new technology and implementing it in packaging materials.
Lidding Films are usually used for covering trays, tubs, bowls, cups, etc. due to the strength it possesses such as high tensile, heat resistance and stability. Lidding Films are also eco-friendly and are available in the biodegradable form which is helpful for protecting environmental.
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Global Lidding Films – Market Dynamics:
Lidding Films hold escalation due to upsurge demand for food packaging and this resulted in the expansion of the sales for lidding films so that it can provide extended shelf life to the products and this trend is expected to grow over the forecast period 2017-2025.
Lidding Films market have seen an increase in the penetration of retail outlets in Asia Pacific region which are driving the demand for lidding films market. In addition, lidding films market is positively influenced by the change in lifestyle of developing countries across the globe and are fueling in demand.
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With the increasing population, the need for packaging of fresh food is increasing which has created a significant opportunity for lidding films. However, lidding films are not able to protect the food products from physical and chemical damage externally which can create a restraint for its market. Furthermore, lidding films have concerns regarding the environmental effects of the use of plastic disposal from the government.
Global Lidding films – Regional Overview:
The global lidding films market can be divided into seven major regions which are as follows:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia-Pacific excluding Japan
- Japan
- Middle East & Africa
North America region is estimated to dominate the lidding film’s market over the forecast period due to demand for packaged food. Europe region is also expected to witness a steady growth for lidding films market throughout the forecast period. In Asia Pacific region, lidding films market is expected to have the highest growth over the forecast period.
Furthermore, the market for lidding films in Asia Pacific region is mainly dominated by China and India due to its vast scope for rapid industrialization. Latin America and the Middle East & Africa region are expected to have a steady growth for lidding films market.
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Global Lidding Films – Key players:
Few of the key players in lidding films are Sealed Air Corp, Amcor Limited, E.I. du Pont de Nemours & Co, Bemis Company, Inc., Berry Global, Inc., Winpak Ltd., Plastopil Hazorea Company Ltd, Danafilms Corp., Cosmo Films Ltd, Flexopack SA, Chaozhou Chaoan Keneng Print Co., Ltd., Jiangmen Pengjiang Hualong Packing Materials Co., Ltd, Shantou Weiyi Packaging Co., Ltd., Zhongsu New Materials Technology (Hangzhou) Co., Ltd., Dongying Jiachuan Commerce And Trade Co., Ltd., etc.
Amcor Limited launched a new innovative range of lidding films which are fully recyclable. Cosmo films launched a new range of universal lidding films which can be used for all types of thermoformed plastic containers.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Lidding Films- Market Segmentation:
The lidding films can be segmented by the product type, substrate, by application, and by end use industry.
On the basis of product type, the global Lidding Films is segmented into:
- Dual-Ovenable Lidding Films
- Specialty Lidding Films
- High Barrier Lidding Films
- Breathable Lidding Films
On the basis of substrate, the global Lidding Films is segmented into:
- PE
- PET
- CPET
- APET
- RPET
- PP
- PVC
- HIPS
- Paperboard
- Others
On the basis of application, the global Lidding Films is segmented into:
- Fresh Food
- Frozen Meals
- Meat, seafood & poultry
- Dairy products
- Pet food
- Industrial
- Others
On the basis of end use industry, the global Lidding Films is segmented into:
- Packaging
- Cosmetics & Personal Care
- Pharmaceutical
- Automobiles
- Electrical & Electronics
- Chemical
- Others