Global Lidding Films Market by Products, Materials, Applications, End-users, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global lidding films market is expected to reach a considerable value, expanding at a CAGR of around 6.5% during the forecast period 2020–2026. The shift in lifestyle pattern of consumers in recent times, is a driving factor for the growth of the lidding films market. Other factors such as change in preference of consumer from homemade food to ready to eat foods, due to the hustling lifestyle, ensuring the nutrients of foods are intact, and to maintain the freshness of foods, are some of the reasons behind the growth of the product in the market.

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Primarily, lidding films are covers placed on the packaged foods to ensure its nutritional value, and keep it as pure as possible. There are various types of materials available in the market from which covers can be made. Some of these are polyethylene terephthalate (PET), polyvinyl chloride (PVC), and polyethylene (PE). The covers are designed in a way that it ensures, high puncture resistance of the film, and that food remains hot for a longer period of time. One should ensure that the covers, are designed in such a manner that its sealing is of high thermal resistance, which would protect it from harmful bacteria’s, and germs.

Market Trends, Drivers, Restraints, and Opportunities:

Surge in food products around the world, is a driving factor for the growth of the global lidding films market.
Rise in online retail sales, and increasing use of online products is a reason behind the growth of the product in the market.
The shift in lifestyle pattern of consumers in recent times, is a driving factor for the growth of the product in the market.
The change in preference of consumers from homemade food to ready to eat foods, is expected to have a positive impact in the growth of the product in the market.
The increasing demand from various industries such as food & beverage, pharmaceutical, and chemical is anticipated to be a reason behind the growth of the product in the market.
The features of the lidding films such as ensuring the nutrients of foods, and protection from harmful germs is a driving factor for the growth of the product in the market.
Surge in use of online payments by the consumers globally, to save their money, and time is a reason behind the growth of the product in the market.

Competitive Landscape:

The major players which operate in the global lidding films market, are quite a few in number. Some of them are

Toray Plastics
Constantia Flexibles Group GmbH
Ampac Packaging LLC
Linpac Packaging Limited
Berry Global Group Inc.
Schur Flexibles Holding GmbH
Golden Eagle Extrusions
Clifton Packaging Group Ltd
Impak Films Pty Ltd
Flair Flexible Packaging Corporation
Flexopack SA

The market leaders are looking for various strategies such as partnerships, acquisitions, mergers, and product development to continue their market dominance.

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The global lidding films market has been segmented on the basis of

Products:

High Barrier Lidding Films
Dual-Ovenable Lidding Films
Specialty Lidding Films
Others

Materials:

Ethylene Vinyl Alcohol (EVOH)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Polyethylene (PE)
Others

Applications:

Cans & Bottles
Cups
Tray
Others

End-users:

Personal Care & Cosmetics
Food & Beverage
Pharmaceutical
Chemical
Others

Regions:

Europe
North America
Middle East and Africa
Latin America
Asia Pacific

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Lidding Films Market Overview
Global Lidding Films Market Analysis and Forecast by Type
Global Lidding Films Market Analysis and Forecast by Application
Global Lidding Films Market Analysis and Forecast by Sales Channel
Global Lidding Films Market Analysis and Forecast by Region
North America Lidding Films Market Analysis and Forecast
Latin America Lidding Films Market Analysis and Forecast
Europe Lidding Films Market Analysis and Forecast
Asia Pacific Lidding Films Market Analysis and Forecast
Middle East & Africa Lidding Films Market Analysis and Forecast
Competition Landscape

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