Press release
Lidding Films Market to Witness Steady Growth During the Forecast Period 2017-2027
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. 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.
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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
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.
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