Global Lidding Films Market to Grow at Over 6.3% CAGR Through 2025

A new report based on lidding films titled “Lidding Films Market - Global Industry Analysis, Trend, Size, Share and Forecast 2017 – 2025” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). As per the report, a value of US$5 bn is expected to be generated by the global lidding films market by the end of 2025. The report further estimates that the global lidding films market is projected to exhibit a 6.3% CAGR during the assessment period 2017 – 2025.

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The report is valuable source of information that covers drivers, restraints, opportunities and trends that are shaping the global lidding films market. According to the report, the changing lifestyles and popularity of supermarkets and hypermarkets for every needs are some of the factors driving the growth of the global lidding films market.  

To cover 360 degree view , the global lidding films market has been divided into varioud segments and sub-segments that are product type (dual ovenable lidding films, high barrier lidding films, specialty lidding films, die-cut lidding films and breathable lidding films), material type (PE, PET (APET and CPET), PP, PVC, polyamide, EVOH, aluminum and other), application (cups, trays, cans & bottles, jars and others), end-use industry (food industry, pharmaceutical industry, personal care & cosmetics and other industries) and region. According to the report, high barrier lidding films segment is estimated to hold a market share of 53.6% in 2017. On the other hand, dual ovenable lidding films segment is expected to grow at over 7.4% CAGR during the forecast period. Among regions, Asia Pacific is projected to lead in terms of value and volume both during the assessment period. The study also forecasts market size in USD, volume in units and market attractiveness for all these segments.

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The report also examines the competition landscape in the global market and profiles some of the key players operating in the global market of lidding films. The companies are profiled in terms of company overview, company financials, recent developments and strategy. Some of the major companies profiled are Bemis Company, Inc., Constantia Flexibles Group GmbH, Berry Global Group Inc., Uflex Ltd, LINPAC Packaging Limited, Plastopil Hazorea Company Ltd, Multi-Plastics, Inc., FFP Packaging Solutions Ltd, Flexopack SA, Amcor Limited, Winpak Ltd, Flair Flexible Packaging Corporation, Golden Eagle Extrusions Inc., Schur Flexibles Holding GesmbH, Impak Films Pty. Ltd and TCL Packaging Ltd.

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