PET Lidding Films Market Growth, Size, Trends, Demand, Revenue, Challenges and Future Outlook
PET Lidding Films Market Size- By Product Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: PACK2305 | Pages: 1 - 224 | Formats*: |
| Category : Packaging | |||
Global PET Lidding Films Market Overview
According to SPER Market Research, the Global PET Lidding Films Market is estimated to reach USD 1.15 billion by 2032 with a CAGR of 6.94%.
They typically have properties like strong tensile strength, heat resistance, and stability. They are biodegradable and environmentally friendly, which aids in environmental preservation. Films that can be used to reseal containers once they have been opened are also manufactured of PET. They are frequently applied to food and drink. By inhibiting the entry or exit of moisture, gas, and light, resealable films contribute to the preservation of products' freshness. The use of PET lidding films in the pharmaceutical industry is one of their main uses. They can be used for both either direct or indirect food contact and provide items with a high level of barrier protection.
Medicines frequently need to be transported or stored for an extended period of time, so that high barrier lidding films are frequently employed. Another important use for PET lidding films is in the personal care and cosmetics industries. They can be used for both the direct and the indirect food contact and provide items with a high level of barrier protection. Because personal care and cosmetics items frequently need to be transported or stored for an extended period of time, high barrier lidding films are frequently employed. Global PET Lidding Films Sales Market is divided among Pharmaceutical, Personal Care & Cosmetics, Food & Beverage, and Others based on Application.
Impact of COVID-19 on the Global PET Lidding Films Market
Due to a historic low in global trade, the COVID-19 pandemic had a detrimental effect on the market. Additionally, during the lockdown, the economy caused foreign currencies to fluctuate, which reduced demand for services. The elements that are causing the market value to increase include the rising popularity of food packaging, increased urbanization and industrialization, changes in the way of life in developing nations around the world, and customer trust in online food products over traditional grocery items. Also, the expansion of customer-friendly packaging as well as the eco-friendliness of biodegradable lidding films and caps, as well as the rise in demand for processed foods.
The market value is expected to increase as a result of the easy accessibility of raw materials, the affordability of labor, as well as other factors like rising consumer awareness of and adoption of advanced fully functioning films in wrapping and plastic wrapping processes, ensuring hygiene, and strict preservation regulations. To the contrary, the market growth rate would be hampered by the multiple onerous government regulations. It is also anticipated that the market will be significantly impacted by the supply chain slowdown brought on the COVID-19 regulations, which will impede the market's expansion.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product Type, By End use, By Application |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Amcor Plc, Berry Global Inc., Clifton Packaging Group Limited, Constantia Flexibles, Cosmo Films Ltd, Ffp Packaging Ltd, Flair Flexible Packaging Corporation, Golden Eagle Extrusions, Inc., Impak Films Pty. Ltd., Mondi, Multi-Plastics, Inc., Plastopil, Sealed Air And Dow., Tcl Packaging, Tilak Polypack Pvt. Ltd., Toray Plastics (America), Inc., Uflex Limited, Winpak Ltd. |
Target Audience
- Government and Research Organization
- Consulting Companies in film coating Industry
- Raw Material Suppliers
- Research Consultants
- Investors and Shareholders
- Coating industry players
Global PET Lidding Films Market Segmentation:
1. By Product Type:
- High Barrier Lidding Films
- Dual-Ovenable Lidding Films
- Resealable/Re-closable Films
- Specialty Lidding Films
- Breathable Lidding Films
2. By Application:
- Trays
- Cups
- Jars
- Bottles
3. By End Use:
- Food & Beverage
- Pharmaceutical
- Others.
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global PET Lidding Films Market (FY’2019-FY’2032)
- Overview of Global PET Lidding Films Market
- Segmentation of Global PET Lidding Films Market by Product Type (High Barrier Lidding Films, Dual-Oven able Lidding Films, Resealable/Re-closable Films, Specialty Lidding Films, Breathable Lidding Films)
- Segmentation of Global PET Lidding Films Market by application (Trays, Cups, Jars, Bottles, Others)
- Segmentation of Global PET Lidding Films Market by End use (Food & Beverage, Pharmaceutical, Others)
- Statistical Snap of Global PET Lidding Films Market
- Growth Analysis of Global PET Lidding Films Market
- Problems and Challenges in Global PET Lidding Films Market
- Competitive Landscape in the Global PET Lidding Films Market
- Impact of COVID-19 and Demonetization on Global PET Lidding Films Market
- Details on Recent Investment in Global PET Lidding Films Market
- Competitive Analysis of Global PET Lidding Films Market
- Major Players in the Global PET Lidding Films Market
- SWOT Analysis of Global PET Lidding Films Market
- Global PET Lidding Films Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Global PET Lidding Films Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Global PET Lidding Films Market, Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global PET Lidding Films Market
7. Global PET Lidding Films Market, By Product Type, 2019-2032 (USD Million)
7.1 High Barrier Lidding Films7.2 Dual-Ovenable Lidding Films7.3 Resealable/Re-closable Films7.4 Specialty Lidding Films7.5 Breathable Lidding Films
8. Global PET Lidding Films Market, By Application, 2019-2032 (USD Million)
8.1 Trays8.2 Cups8.3 Jars8.4 Bottles8.5 Others.
9. Global PET Lidding Films Market, By End Use, 2019-2032 (USD Million)
9.1 Food & Beverage9.2 Pharmaceutical9.3 Others.
10. Global PET Lidding Films Market, By Region, 2019-2032 (USD Million)
10.1 Global PET Lidding Films Market Size and Market Share by Region (2019-2025)10.2 Global PET Lidding Films Market Size and Market Share by Region (2026-2032)10.3 Asia-Pacific10.3.1 Australia10.3.2 China10.3.3 India10.3.4 Japan10.3.5 South Korea10.3.6 Rest of Asia-Pacific10.4 Europe10.4.1 France10.4.2 Germany10.4.3 Italy10.4.4 Spain10.4.5 United Kingdom10.4.6 Rest of Europe10.5 Middle East and Africa10.5.1 Kingdom of Saudi Arabia10.5.2 United Arab Emirates10.5.3 Rest of Middle East & Africa10.6 North America10.6.1 Canada10.6.2 Mexico10.6.3 United States10.7 Latin America10.7.1 Argentina10.7.2 Brazil10.7.3 Rest of Latin America
11.Company Profiles
11.1 Amcor Plc.11.1.1 Company details11.1.2 Financial outlook11.1.3 Product summary11.1.4 Recent developments11.2 Berry Global Inc.11.2.1 Company details11.2.2 Financial outlook11.2.3 Product summary11.2.4 Recent developments11.3 Clifton Packaging Group Limited11.3.1 Company details11.3.2 Financial outlook11.3.3 Product summary11.3.4 Recent developments11.4 Constantia Flexibles11.4.1 Company details11.4.2 Financial outlook11.4.3 Product summary11.4.4 Recent developments11.5 Cosmo Films Ltd.11.5.1 Company details11.5.2 Financial outlook11.5.3 Product summary11.5.4 Recent developments11.6 Ffp Packaging Ltd.11.6.1 Company details11.6.2 Financial outlook11.6.3 Product summary11.6.4 Recent developments11.7 Flair Flexible Packaging Corporation11.7.1 Company details11.7.2 Financial outlook11.7.3 Product summary11.7.4 Recent developments11.8 Golden Eagle Extrusions, Inc.11.8.1 Company details11.8.2 Financial outlook11.8.3 Product summary11.8.4 Recent developments11.9 Impak Films Pty. Ltd.11.9.1 Financial outlook11.9.2 Product summary11.9.3 Recent developments11.10 Mondi11.10.1 Company details11.10.2 Financial outlook11.10.3 Product summary11.10.4 Recent developments11.11 Multi-Plastics, Inc.11.11.1 Company details11.11.2 Financial outlook11.11.3 Product summary11.11.4 Recent developments11.12 Plastopil11.12.1 Company details11.12.2 Financial outlook11.12.3 Product summary11.12.4 Recent developments11.13 Sealed Air And Dow.11.13.1 Company details11.13.2 Financial outlook11.13.3 Product summary11.13.4 Recent developments11.14 Tilak Polypack Pvt. Ltd.11.14.1 Company details11.14.2 Financial outlook11.14.3 Product summary11.14.4 Recent developments
12.List of Abbreviations
13.Reference Links
14.Conclusion
15.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
PET Lidding Films Market is projected to reach USD 1.15 billion by 2032, growing at a CAGR of 6.94% during the forecast period.
PET Lidding Films Market grew in market size from 2021. The Market is expected to reach USD 1.15 billion by 2032, at a CAGR of 6.94% during the forecast period.
PET Lidding Films Market CAGR of 6.94% during the forecast period.
You can get the sample pages by clicking the link -Click Here
PET Lidding Films Market size is USD 1.15 billion from 2022 to 2032.
PET Lidding Films Market Segment is Covered By Product Type, By End use, By Application
The North America region is anticipated to have the highest market share in PET Lidding Films Market.
The key players in the market include Companies Covered Amcor Plc, Berry Global Inc., Clifton Packaging Group Limited, Constantia Flexibles, Cosmo Films Ltd, Ffp Packaging Ltd, Flair Flexible Packaging Corporation, Golden Eagle Extrusions, Inc., Impak Films Pty. Ltd., Mondi, Multi-Plastics, Inc., Plastopil, Sealed Air And Dow., Tcl Packaging, Tilak Polypack Pvt. Ltd., Toray Plastics (America), Inc., Uflex Limited, Winpak Ltd.
PET lidding films are a transparent, durable, and light-weight plastic that are frequently used to package meals and drinks, particularly convenience-sized juices, soft drinks, and water.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
