Lidding Film Market Report: Trends, Forecast and Competitive Analysis to 2030

Lidding Film Trends and Forecast

The future of the global lidding film market looks promising with opportunities in the food, beverages, pharmaceutical, personal care & cosmetics markets. The global lidding film market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are rising demand for processed food products and growing consumer confidence in online food purchases compared to traditional grocery shopping.

A more than 150-page report is developed to help in your business decisions.

Lidding Film by Segment

The study includes a forecast for the global lidding film by product, material, application, end use, and region.

Lidding Film Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Dual-Ovenable Lidding Films
• Specialty Lidding Films
• High Barrier Lidding Films
• Breathable Lidding Films

Lidding Film Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• Ethylene Vinyl Alcohol (EVOH)

Lidding Film Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Cups
• Trays
• Cans & Bottles
• Others

Lidding Film Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food
• Beverages
• Pharmaceutical
• Personal Care & Cosmetics
• Others

Lidding Film Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Lidding Film Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies lidding film companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lidding film companies profiled in this report include-

• Amcor
• Flair Flexible Packaging
• Mondi
• Sealed Air Corporation
• Berry

Lidding Film Market Insights

Lucintel forecasts that polyethylene terephthalate (PET) will remain the largest segment over the forecast period due to its heat resistance, enhanced tensile strength, and stability capabilities.

Within this market, food will remain the largest segment due to growing application of lidding film in the packaging food items like dairy products.

North America will remain the largest region over the forecast period due to increasing inclination towards ready-to-eat foods and dairy foods in the region.

Features of the Global Lidding Film Market

Market Size Estimates: Lidding film market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Lidding film market size by various segments, such as by product, material, application, end use, and region in terms of value ($B).

Regional Analysis: Lidding film market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, materials, applications, end uses, and regions for the lidding film market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the lidding film market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the lidding film market size?

Answer: The global lidding film market is expected to reach an estimated $5.4 billion by 2030.

Q2. What is the growth forecast for lidding film market?

Answer: The global lidding film market is expected to grow with a CAGR of 5.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the lidding film market?

Answer: The major drivers for this market are rising demand for processed food products and growing consumer confidence in online food purchases compared to traditional grocery shopping.

Q4. What are the major segments for lidding film market?

Answer: The future of the lidding film market looks promising with opportunities in the food, beverages, pharmaceutical, personal care & cosmetics markets.

Q5. Who are the key lidding film market companies?

Answer: Some of the key lidding film companies are as follows.

• Amcor
• Flair Flexible Packaging
• Mondi
• Sealed Air Corporation
• Berry

Q6. Which lidding film market segment will be the largest in future?

Answer: Lucintel forecasts that polyethylene terephthalate (PET) will remain the largest segment over the forecast period due to its heat resistance, enhanced tensile strength, and stability capabilities.

Q7. In lidding film market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing inclination towards ready-to-eat foods and dairy foods in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the lidding film market by product (dual-ovenable lidding films, specialty lidding films, high barrier lidding films, and breathable lidding films), material (polypropylene (PP), polyvinyl chloride (PVC), polyethylene (PE), polyethylene terephthalate (PET), and ethylene vinyl alcohol (EVOH)), application (cups, trays, cans & bottles, and others), end use (food, beverages, pharmaceutical, personal care & cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?