PUBLISHER: Market Research Future | PRODUCT CODE: 1823747
PUBLISHER: Market Research Future | PRODUCT CODE: 1823747
Global Lidding Films Market Research Report Information by Material Type [Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyethylene Terephthalate (PET), Ethylene Vinyl Alcohol (EVOH), Aluminum Foil], by Application (Cups, Trays, Cans & Bottles, Pouches, Other Applications), by Product Type [Dual-Ovenable Lidding Films (Microwaveable Dual-Ovenable Films, Freezer-To-Oven Dual-Ovenable Films), Specialty Lidding Films (High-Heat Resistance Specialty Films, Clear And Transparent Specialty Films, UV-Resistant Specialty Films), High Barrier Lidding Films (Multi-Layer High Barrier Films, Single-Layer High Barrier Films), Breathable Lidding Films (Perforated Breathable Films, Non-Perforated Breathable Films), Aluminum Foil Lidding Films (Embossed Aluminum Foil Films, Laminated Aluminum Foil Films, Standard Aluminum Foil Films)], by End User (Food, Beverages, Pharmaceutical, Personal Care & Cosmetics, Other End User), by Region (North America, Europe, APAC, South America, MEA) Forecast till 2035
Industry Overview
The lidding films market stands at USD 3,976.6 million, with forecasts indicating a steady 4.99% CAGR from 2024 to 2035. The lidding films market encompasses the production and distribution of flexible, high-performance films designed to provide secure sealing for packaging in sectors like food, beverages, and healthcare. Their growing demand is driven by rising consumer preference for fresh, safe, and easily accessible packaged products.
One of the major reasons for the global growth of the lidding films market is consumers shifting preferences to packaged, easy-to-prepare, and ready-to-eat food. The demand for lidding films in developed countries goes for premium, eco-friendly, and regulation-compliant packaging, whereas in developing countries, the faster adoption is witnessed due to urbanization, rising middle-class populations, and changing food consumption trends. The combination of the increasing needs for fresh food storage, ensuring product safety, and aesthetic demands.
Major Company Development
The main point of Berry Global Inc.'s initiative is the introduction of new multilayer lidding films, which improve safety, prolong shelf life, and augment overall product performance. The use of recycled (PCR) materials from end-of-life products indicates the company's eco-sustainability approach, which is further supported by the consumer-friendly features like resealability and easy-peel options. Besides, Berry Global is also focusing on achieving greater operational efficiency and regional expansion, which leads to the company's products becoming available for a larger number of customers and the company's contribution to climate change being minimized due to the implementation of light, eco-conscious packaging technologies.
Major players in the global lidding films market are Amcor Plc, Berry Global Inc., Clifton Packaging Group Limited, Constantia Flexibles Holding GmbH, Flair Flexible Packaging Corporation, Impak Films US LLC., Mondi Plc, Plastopil Hazorea Company Ltd., Sealed Air Corporation, and Winpak Limited.
Report Attribute Details
Industry Segmentations
In the United States, the market for lidding films is expanding in the region of North America, most notably due to the high level of use of these films in packaging for meat, dairy, and ready meals. One of the factors that contributes to the continuous innovation that takes place in this region is the existence of the most influential companies. The North American market reached USD 1,155.1 million in 2023, largely dominated by U.S. demand, while Canada contributed a smaller but steady share.
Europe has taken the lead in the development of sustainable lidding films. In the continent, there is a high rate of usage of biodegradable, compostable, and aluminum-based films, especially in the category of premium foods. The European market for lidding films was valued at USD 380.1 million in 2023, with Germany (USD 158.6 million), France (USD 109.7 million), and the UK (USD 111.8 million) contributing.
The Asia-Pacific market is undergoing tremendous growth, which has been largely attributed to the increased consumption of convenience food and the fast modernization of the food sector. In terms of the utilization of high-barrier and resealable lidding films, China, India, and Japan are the most advanced countries, whereas Southeast Asia is a region with unexploited possibilities. Asia-Pacific's market achieved USD 752.3 million in 2023, reflecting contributions from China (USD 431.5 million), India (USD 232.6 million), and Japan (USD 88.2 million).
MEA is emerging as a growth hub for lidding films, with urbanization and rising disposable incomes fueling packaged food consumption. Countries like Saudi Arabia, UAE, and South Africa dominate demand due to their mature food processing industries. The region faces hurdles in recycling infrastructure and raw material availability, which raise production costs.
In South America, growth in the lidding films market is being propelled by the rise of packaged food consumption and export-oriented agriculture. Brazil remains the leading contributor, supported by its large food and beverage industry. Currency volatility and inflation continue to affect investment in advanced packaging technologies.