Global Lidding Films Market 2024-2028
Global Lidding Films Market 2024-2028
The lidding films market is forecasted to grow by USD 1868.9 mn during 2023-2028, accelerating at a CAGR of 7.74% during the forecast period. The report on the lidding films market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising focus on improving shelf life of products, growing popularity of bioplastic packaging, and new product launches.
Technavio's lidding films market is segmented as below:
- By End-user
- Food and beverage
- Pharmaceutical
- Personal care and cosmetics
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of bioplastics as one of the prime reasons driving the lidding films market growth during the next few years. Also, increase in mergers and acquisitions and rising demand for smart medical packaging will lead to sizable demand in the market.
The report on the lidding films market covers the following areas:
- Lidding films market sizing
- Lidding films market forecast
- Lidding films market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lidding films market vendors that include Amcor Plc, Berry Global Inc., Coveris Management GmbH, Ester Industries Ltd, FFP Packaging Ltd., FLAIR Flexible Packaging Corp., Garware Hi Tech Films Ltd., Golden Eagle Extrusions, Inc, Impak Films Pty. Ltd, KM Packaging Services Ltd, Multi Plastics Inc., Plastopil Hazorea Co. Ltd., ProAmpac Holdings Inc., Sappi Rockwell Solutions Limited, Sealed Air Corp., Toray Industries Inc., Transcendia Inc., UFlex Ltd., Vishakha Polyfab Pvt. Ltd., and Wipak Group. Also, the lidding films market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.