openPR Logo
Press release

Sales of Dual-Ovenable Lidding Films Packaging to Reach US$ 133.4 Mn by 2027-End

08-23-2017 03:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Sales of Dual-Ovenable Lidding Films Packaging to Reach US$

Packing convenience, high safety and other valuable properties will continue to make dual-ovenable lidding popular amongst consumers. Dual-ovenable lidding films have emerged as a revolutionary way of packaging food that needs to be heated in an oven or microwave. Moreover, these packaging films are capable of providing a longer shelf life as well as persist the freshness and taste of the food item. These days, consumers are more inclined towards processed food products, instead of normal grocery shop products. Hence, packaging plays a significant role in the case of processed food products where they are needed to increase the shelf life of products.

The advent of dual-ovenable lidding films has substantially reduced many of the complications of packaging processed food. PET is considered one of best types of dual-ovenable lidding films and is anticipated to witness a surplus demand over the next couple of years. Factors such as increased food safety and favourable consumer preference coupled with growing fast-food culture across the globe are expected to drive the global dual-ovenable films market in the forthcoming years. Future Market Insights’ latest report on the global market for dual-ovenable films reveals that by 2027-end, more than US$ 133 Mn worth dual-ovenable films will be sold worldwide.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2640

The FMI report also estimates the market’s current value at little over US$ 73 Mn and expects it to expand at a CAGR of 6.1% during the forecast period (2017-2027). As per the report, technological advancements in dual-ovenable lidding films and mergers and acquisitions are key trends that will be governing the market in 2017 and beyond.

Key Highlights of the report titled “Dual-Ovenable Lidding Films Market: Global Industry Analysis and Opportunity Assessment, 2017–2027,” include:

PET and PP dual-ovenable lidding film types collectively are anticipated to hold dominant value share of the market over 2027.

By 2017-end, more than two-third of market revenues will be garnered by sales of PET and PP dual-ovenable lidding film types.

Amongst seal types, peelable seals will continue to be highly preferred throughout the forecast period. During the same time, demand for permanent seals is expected to drop further.

Based on application, over US$ 62 Mn worth dual-ovenable lidding film is estimated to be used for meat product packaging by end of the forecast period.

Meanwhile, application of dual-ovenable lidding film in packaging of prepared meals is set to increasing rapidly in the near future.

Send an Enquiry @ http://www.futuremarketinsights.com/askus/rep-gb-2640

Amongst regions, APEJ is anticipated to witness a significant expansion of its dual-ovenable lidding film market, reflecting a CAGR of 7.2% over the forecast period. This is primarily owing to the increasing preference for convenient cooking practices coupled with rapid industrialisation in the field of packaging. North America, being a mature market will continue to hold its top position during the assessment period, followed by Europe. The report has also profiled some of the top companies operating in the global dual-ovenable lidding films, which include, Toray Plastics (America), Inc., Bemis Company, Inc., Sealed Air Corporation, Schur Flexibles Holding GesmbH, Sonoco Products Company, Golden Eagle Extrusions, Inc., DuPont Teijin Films U.S. Limited Partnership, TCL Packaging Ltd, Clifton Packaging Group Ltd, and Multi-Plastics, Inc.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sales of Dual-Ovenable Lidding Films Packaging to Reach US$ 133.4 Mn by 2027-End here

News-ID: 682299 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Films

Inorganic Photochromic Films Market Size 2022: NDFOS, KDX, Decorative Films, Wee …
This Inorganic Photochromic Films Market research report is wide-ranging and encompasses various parameters of the market that can be listed as market definition, currency and pricing, market segmentation, market overview, premium insights, key insights, and company profile of the key market players. In addition, a study on market overview is conducted by considering market drivers, market restraints, opportunities, and challenges for a particular business. In this Inorganic Photochromic Films Market report,
Global TPU Films Market, Global TPU Films Industry, Market Revenue, TPU Films Fo …
Thermoplastic polyurethane (TPU) film may be a flexible film with sturdy elongation and features that are comparable to maximum polyolefin films. They are sturdy, tough and elastic in nature. They are generally plasticizers free owing to that they don’t get hard over time. These films in addition have good flex presentation, tear strong point and abrasion resistance. They are extensively utilized within applications like building and construction, aerospace, railway, leisure
Solar Control Window Films Market Trends | 3M, Thermolite, CPF Films, Llumar Win …
In 2015, solar control window films market from the construction application segment generated a revenue of USD 370 million and is poised to grow lucratively over the coming timeframe. The growth can be credited to the growing usage of glass to reduce the need of artificial light source and enhance appearance. >>>Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/627 Based on the absorbers, solar control window film industry is bifurcated
What's Driving the Solar Control Window Films Market Trends? Key Company Profile …
Considering the product segmentation, solar control window films market is mainly divided into vacuum coated, dyed, high performance films, and clear window films. Vacuum coated solar control window films industry will record an annual growth rate of more than 11% over the coming years of 2016 to 2024, primarily driven by its key properties such as consistent coating and high reflectivity. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/627 Positive
Global Cast Polypropylene Films (CPP Films) Market Analysis Report 2018-2025:Via …
The report on the "Cast Polypropylene Films (CPP Films) market"offers elaborated knowledge on the Cast Polypropylene Films (CPP Films) market. parts like dominating firms, classification, size, business atmosphere, SWOT analysis, and most effectual trends within the business area unit comprised during this analysis study. In this report, the global Cast Polypropylene Films (CPP Films) market is valued at USD XX million in 2018 and is expected to reach USD XX
Global Box Overwrap Films Market to 2025|CCL Industries, Jindal Films, Taghleef …
The global market status for Box Overwrap Films is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Box Overwrap Films Market” Insights, Forecast to 2025, which tends to deliver in-depth knowledge associated to the Box Overwrap Films market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on