Dual Ovenable Lidding Films Market to reach USD 120.88 million by 2029,size,share,trends

Dual ovenable lidding films refer to the clear plastic films that are utilized in side dishes or packaging entrees. These allow the film to be kept on the product while the food is cooked. They go in both microwave and conventional ovens. The films are considered ideal for fresh or refrigerated foods as they assist in protecting the food during its shipping, distribution, and shelf life.

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With the increase demand from the food and beverages sector globally, there has been a significant rise in the adoption of dual ovenable lidding films. They exhibit various advantageous properties, which increases its usage across end-users resulting in increased traction for the market.

Global dual ovenable lidding films market was valued at USD 78.17 million in 2021 and is expected to reach USD 120.88 million by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Dual Ovenable Lidding Films Market Dynamics

Opportunities

Product Innovations and Other Strategies by Market Players

The various product innovations and the packaging solutions advancements further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, several manufacturers are also offering a variety of printing and embossing alternatives that will further expand the future growth of the dual ovenable lidding films market.

This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

Increased Usage of the Dual Ovenable Lidding Films

The emergence of dual-ovenable lidding films has reduced various complications of packaging processed food, and rise in demand for the packaging solution because the easy peelable lidding that protects cooked food from contamination accelerates the market growth. The high usage in the prepared meals, frozen foods, meat products, and dairy products, and use of the dual-ovenable lidding films for foodservice and household applications owing to their excellent clarity, high barrier capability, and smooth surface, further influence the market.

 Application

Prepared Meals

Frozen Food

Meat Products

Dairy Products

Others

Some of the major players operating in the dual ovenable lidding films market are

Amcor plc (Switzerland)

Mondi (U.K.)

Huhtamaki (Finland)

Sealed Air (U.S.)

Jindal Poly Films Limited (India)

Toppan Inc., (Japan)

Kureha Corporation (Japan)

HPM Global, Inc. (South Korea)

Flair Flexible Packaging Corporation (U.S.)

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