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The lidding films market size is forecast to increase by USD 1.87 billion at a CAGR of 7.74% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. One primary factor is the rising focus on improving the shelf life of food and beverage products, leading to increased demand for advanced packaging solutions such as lidding films. Another trend influencing the market is the increasing adoption of bioplastics, which offer sustainable alternatives to traditional plastic packaging. However, the market also faces challenges, including stringent regulations on the manufacture and disposal of plastic packaging, which may hinder growth. Additionally, the high cost of bioplastics compared to conventional plastic lidding films may limit their widespread adoption. Despite these challenges, the market is expected to continue growing due to the increasing demand for longer shelf life and more sustainable packaging solutions.
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The market is a significant segment of the global food packaging industry, primarily used for packaging ready-to-eat food goods. These films are essential for processed foods, particularly those requiring microwave cooking or extended shelf life. Lidding films come in various types, including biodegradable, made from raw resources like Polyethylene Terephthalate (PET), aluminum, and plastic polymers such as polyethylene. Biodegradable lidding films are gaining popularity due to their eco-friendliness. The global packaging industry is propelled by the rise of eCommerce, mobile shopping apps, HoReCa industry, and the food services sector. Online grocery shopping is a major driver for the Market, as it necessitates convenient and protective packaging solutions. Peelable, resealable, breathable, high-barrier, and anti-fog qualities are essential features of lidding films. PET lidding films are widely used due to their high-barrier properties, while aluminum lidding solutions offer excellent heat sealability and barrier properties. The Market is expected to grow significantly in the forecast period, driven by the increasing demand for convenient and sustainable food packaging solutions. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising focus on improving shelf life of products is notably driving market growth. Lidding films are essential components in the packaging industry, particularly for food products. Peelable and resealable high-barrier lidding films have gained popularity due to their ability to maintain product freshness and extend shelf life. These films offer breathable and anti-fog qualities, ensuring optimal product presentation during long-distance food distribution.
Moreover, compliance with food safety laws is crucial, making these films a preferred choice for international trade and e-commerce. Material science advancements have led to the development of recyclable and compostable high-barrier lidding films, aligning with sustainability initiatives. Thus, such factors are driving the growth of the market during the forecast period.
Increasing adoption of bioplastics is the key trend in the market. Lidding films are essential components in the food packaging industry, offering peelable and resealable solutions for various food products. These films exhibit high-barrier properties, ensuring product freshness during long-distance distribution. Material science advances have led to the development of breathable, anti-fog qualities, enhancing product presentation and consumer experience.
Moreover, with increasing food safety laws and international trade, the demand for lidding films with superior protective features has surged. E-commerce growth and the need for recyclable and compostable materials have further fueled market expansion. Thus, such trends will shape the growth of the market during the forecast period.
Stringent regulations on the manufacture of plastic packaging is the major challenge that affects the growth of the market. Lidding films are essential components in the packaging industry, particularly for food products. These films offer several advantages, including peelability and resealability, which enhance the consumer experience. High-barrier lidding films are increasingly popular due to their breathable and anti-fog qualities, ensuring product freshness during long-distance food distribution.
Moreover, in light of stringent food safety laws, these films play a crucial role in maintaining product safety and integrity. With the rise of international trade and e-commerce, the demand for lidding films has surged. Material science advancements have led to the development of recyclable and compostable films, aligning with sustainability initiatives. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amcor Plc: The company offers lidding films that help to protect the quality and shelf life of condiments, pudding, soups and others.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The food and beverage segment is estimated to witness significant growth during the forecast period. The market is witnessing significant growth due to the increasing demand for ready-to-eat food goods and processed foods. The food packaging industry's expansion is driving the market for lidding films as these films provide moisture, light, and oxygen protection for various food items, including dairy products, snacks, and beverages.
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The food and beverage segment was the largest segment and valued at USD 1.65 billion in 2018. The food and beverage segment is expected to dominate the market, with the potential rise in sales of packaged food products worldwide. Factors such as increased agricultural production, advancements in food processing technology, and changing consumer food consumption patterns are contributing to the growth of the food and beverage industry in numerous countries. Hence, such factors are fuelling the growth of this segment during the forecast period.
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North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market is well-established in North America and is expected to grow linearly during the forecast period. The major revenue contributors to the growth of the market in North America are the US and Canada. The changing lifestyle of customers and the increasing consumption of fast food and packaged food are likely to fuel the market's growth of lidding films across North America. Furthermore, the healthcare sector witnesses significant growth in North America. The increasing expenditure on healthcare and the presence of well-equipped hospitals and healthcare centers are the factors expected to positively impact the demand for pharmaceutical packaging solutions during the forecast period.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
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The market is witnessing significant growth due to the increasing demand for ready-to-eat food goods and processed foods. Food packaging is a crucial aspect of the global packaging industry, and lidding films play a vital role in ensuring the safety and shelf life of various products, including Food, Beverages, Pharmaceutical, Personal care & cosmetics, and more. Polyethylene Terephthalate (PET), Polypropylene (PP), High barrier lidding film, Personal care and cosmetic products, Packaging materials , and Polyvinyl Chloride (PVC) are the primary raw resources used in the production of lidding films. The market is driven by the growing demand for microwave cooking, eCommerce, and mobile shopping apps. The HoReCa industry and food services sector also contribute significantly to the market's growth. Online grocery shopping and on-the-go foods, such as snacks and dairy products, are major applications of lidding films. Aluminum lidding solutions and recyclable packaging solutions are gaining popularity due to their environmental benefits. The market is expected to grow further due to the increasing demand for customized food packaging and the need for moisture, light, and oxygen protection in various industries, including the dairy industry. The Trays segment is the largest consumer of lidding films due to their use in cups, trays, cans & bottles, and other food packaging applications. Plastic polymers, particularly polypropylene, are widely used in the production of lidding films due to their excellent properties, such as flexibility, strength, and resistance to moisture and oxygen. In conclusion, the market is expected to continue its growth trajectory due to the increasing demand for convenient and safe food packaging solutions. The use of biodegradable films and recyclable packaging solutions is also expected to gain momentum due to growing environmental concerns.
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Market Scope |
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Report Coverage |
Details |
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Page number |
146 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.74% |
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Market growth 2024-2028 |
USD 1.87 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.62 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 45% |
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Key countries |
US, UK, China, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Amcor Plc, Berry Global Inc., Coveris Management GmbH, Ester Industries Ltd, FFP Packaging Ltd., FLAIR Flexible Packaging Corp., Garware Hi Tech Films Ltd., Golden Eagle Extrusions, Inc, Impak Films Pty. Ltd, KM Packaging Services Ltd, Multi Plastics Inc., Plastopil Hazorea Co. Ltd., ProAmpac Holdings Inc., Sappi Rockwell Solutions Limited, Sealed Air Corp., Toray Industries Inc., Transcendia Inc., UFlex Ltd., Vishakha Polyfab Pvt. Ltd., and Wipak Group |
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Market dynamics |
Parent market analysis, market report , market forecast , Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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