Global PET Lidding Films Market 2024-2028
Pet Lidding Films Market 2024-2028
The pet lidding films market is forecasted to grow by USD 699.4 mn during 2023-2028, accelerating at a CAGR of 6.4% during the forecast period. The report on the pet 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 emphasis on convenience and packaging, growth in online food delivery, and increasing demand for product protection in packaging.
Technavio's pet lidding films market is segmented as below:
By Application
- Food and beverages
- Pharmaceuticals
- Cosmetics
- Others
By Type
- Sealable films
- Barrier films
- Microwaveable films
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growth in E-commerce sales as one of the prime reasons driving the pet lidding films market growth during the next few years. Also, new product launches and strategic collaborations will lead to sizable demand in the market.
The report on the pet lidding films market covers the following areas:
- PET Lidding Films Market sizing
- PET Lidding Films Market forecast
- PET 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 pet lidding films market vendors that include Amcor PLC, Berry Global Inc., Constantia Flexibles Group GmbH, Cosmo First Ltd., Coveris Management GmbH, FFP Packaging Ltd., FLAIR Flexible Packaging Corp., FLEXOPACK SA, Golden Eagle Extrusions, Inc, Impak Films Pty. Ltd, KP Holding GmbH and Co. KG, Multi Plastics Inc., Plastopil Hazorea Co. Ltd., Sealed Air Corp., TCL Packaging Ltd., Tilak Polypack Pvt. Ltd., and Winpak Ltd.. Also, the pet 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 primary and secondary research. 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 accurate market growth.