0

Lidding Films Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71491
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The lidding films market share is expected to increase by USD 1.36 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.50%.

This lidding films market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (food and beverage, pharmaceutical, personal care and cosmetics, and others) and geography (North America, Europe, APAC, South America, and MEA). The lidding films market report also offers information on several market vendors, including Amcor Plc, Berry Global Group Inc., FFP Packaging Ltd, FLAIR Flexible Packaging Corp., Golden Eagle Extrusions, Inc., Impak Films Pty. Ltd., Multi Plastics Inc., Plastopil Hazorea Co. Ltd, UFlex Ltd., and Wipak Group among others.

What will the Lidding Films Market Size be During the Forecast Period?

Lidding Films Market Size

Download the Free Report Sample to Unlock the Lidding Films Market Size for the Forecast Period and Other Important Statistics

 

Lidding Films Market: Key Drivers and Trends

The rising focus on improving the shelf life of products is notably driving the lidding films market growth, although factors such as stringent regulations on the manufacture of plastic packaging may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the lidding films industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Lidding Films Market Driver

One of the key factors driving growth in the lidding films market share is the rising focus on improving the shelf life of products. The increase in the shelf life of products helps manufacturers keep them for sale for a longer time, thereby reducing the wastage of the product. The increase in shelf life also aids in the transportation and export of perishable products such as food, beverages, and medicines to different places without any damage. Lidding films help prevent spoilage of food products by creating a tight seal that keeps air, moisture, and other substances from entering the packaging. In the case of lidding films, shelf-life extension is achieved using modified atmosphere packaging (MAP). The use of MAP allows the air in the package to be replaced with a different, fixed mixture of gases, while the use of lidding films prevents the gas from leaking out of the package. The rise in the availability of such products with added features is likely to increase the demand for lidding films during the forecast period.

Key Lidding Films Market Challenge

The stringent regulations on the manufacture of plastic packaging will be a major challenge for the growth of the lidding films market vendors. Regulatory organizations such as the US Environmental Protection Agency (EPA) have implemented various stipulations for the market. To be used for packaging operations, packaging companies must comply with the following regulations and standards in different countries: The US EPA has established the Organic Chemicals, Plastics, and Synthetic Fibers (OCPSF) Effluent Guidelines and Standards (40 CFR Part 414). The British Retail Consortium (BRC) and the Institute of Packaging (IoP) have collaboratively created the BRC/IoP Global Standards for Packaging and Packaging Materials. Such stringent regulations can increase the entry barrier in the market and hinder market growth.

This lidding films market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Lidding Films Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Amcor Plc
  • Berry Global Group Inc.
  • FFP Packaging Ltd
  • FLAIR Flexible Packaging Corp.
  • Golden Eagle Extrusions, Inc.
  • Impak Films Pty. Ltd.
  • Multi Plastics Inc.
  • Plastopil Hazorea Co. Ltd
  • UFlex Ltd.
  • Wipak Group

 

This statistical study of the lidding films market encompasses successful business strategies deployed by the key vendors. The lidding films market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The lidding films market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Lidding Films Market?

Lidding Films Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

45% of the market's growth will originate from North America during the forecast period. The US is the key market for lidding films in North America. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.

The changing lifestyle of customers and the increasing consumption of fast food and packaged food will facilitate the lidding films market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Lidding Films Market?

Lidding Films Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The lidding films market share growth by the food and beverages segment will be significant during the forecast period. The potential growth in the sales of packaged food is generating the demand for lidding films around the globe. Factors such as increased agricultural production, improvements in food processing technology, and changing consumer food consumption patterns have paved the way for the growth of the food and beverage industry in various countries. Food and beverage exports have also increased, mainly to countries in North America, the Middle East, and Southeast Asia. Increasing food and beverage production and their growing export are expected to increase the demand for high-quality packaging, which is necessary to ensure that food products reach their destinations in a secure and hygienic manner. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the lidding films market size and actionable market insights on post COVID-19 impact on each segment.

 

Lidding Films Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.50%

Market growth 2022-2026

$ 1.36 billion

Market structure

Fragmented

YoY growth (%)

5.82

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 45%

Key consumer countries

US, UK, China, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amcor Plc, Berry Global Group Inc., FFP Packaging Ltd, FLAIR Flexible Packaging Corp., Golden Eagle Extrusions, Inc., Impak Films Pty. Ltd., Multi Plastics Inc., Plastopil Hazorea Co. Ltd, UFlex Ltd., and Wipak Group

Market dynamics

Parent market analysis, 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 the forecast period

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.

Request for a FREE sample

What are the Key Data Covered in this Lidding Films Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive lidding films market growth during the next five years
  • Precise estimation of the lidding films market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the lidding films industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of lidding films market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Food and beverage - Market size and forecast 2021-2026
    • Pharmaceutical - Market size and forecast 2021-2026
    • Personal care and cosmetics - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • APAC - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Amcor Plc
      • Berry Global Group Inc.
      • FFP Packaging Ltd
      • FLAIR Flexible Packaging Corp.
      • Impak Films Pty. Ltd.
      • Multi Plastics Inc.
      • Plastopil Hazorea Co. Ltd
      • UFlex Ltd.
      • Wipak Group

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      Lidding Films market growth will increase by $1362.66 million during 2021-2026.
      The lidding films market is expected to grow at a CAGR of 6.50% during 2021-2026.
      Technavio has segmented the lidding films market by end user (Food and beverage, Pharmaceutical, Personal care and cosmetics, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
      Amcor Plc, Berry Global Group Inc., FFP Packaging Ltd, FLAIR Flexible Packaging Corp., Golden Eagle Extrusions, Inc., Impak Films Pty. Ltd., Multi Plastics Inc., Plastopil Hazorea Co. Ltd, UFlex Ltd., Wipak Group are a few of the key vendors in the lidding films market.
      North America will register the highest growth rate of 44.95% among the other regions. Therefore, the lidding films market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the lidding films market growth are:
      • Rising focus on improving the shelf life of products
      The lidding films market vendors should focus on grabbing business opportunities from the food and beverage segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
      • Off-the-shelf research reports
      • Reports can be tailored to meet the customer's needs
      • Trusted by more than 100 fortune 500 organizations
      • Information about the market's key drivers, trends, and challenges
      • Parent market analysis
      • Every week, 50,000 people visit our subscription platform
      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

      Certified ISO 9001 : 2015

      We are ISO recognized

      We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

      We are GDPR and CCPA compliant

      We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

      Safe and Secure SSL Encrypted
      Technavio

      info
      close
      • Single:

        One user only.
        Quick & easy download option

      • Enterprise:

        Unlimited user access (Within your organization)
        Complimentary Customization Included

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Customized Report as per your Business Needs

      • Our analysts will work directly with you and understand your needs
      • Get data on specified regions or segments, competitor and Vendors
      • Data will be formatted and presented as per your requirements
      • We offer $1000 worth of FREE customization at the time of purchase

      Let us help you make report more suited to your requirements.

      • Get a competitive breakdown as per your niche industry
      • Customize the data with various metrics that meet your business prerequisite
      • Understand Revenue Sources, Customers and many more
      • Details on Market Share
      • These customizations are done in a short amount of time by our analysts and industry experts
      Technavio
      Enquire Before Buying
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>