Lidding Films Market Research Report Information by Product Type (Dual-ovenable lidding films, Specialty lidding films, High barrier lidding films, Breathable lidding films.), By Material Type (Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyethylene Terephthalate (PET), Ethylene Vinyl Alcohol (EVOH)), By End-User (Food, Beverages, Pharmaceutical, Personal care & cosmetics), By Application (Cups, Trays, Cans & Bottles), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) - Forecast Till 2032

Global Lidding Films Market Overview

Lidding Films Market Size was valued at USD 3817.53 Million in 2023. The lidding films industry is projected to grow from USD 3913.12 Million in 2024 to USD 5107.21 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 3.4% during the forecast period (2024 - 2032). The market for high barrier lidding film is being stimulated by consumers' increasing preference for fresh and ready-to-eat food goods that are packaged in attractive cups and trays under low oxygen modified atmosphere packaging.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Lidding Films Market Trends

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  INCREASING DEMAND FOR PACKAGED FOODS

  
  

During the forecast period of 2024 to 2032, an increase in the demand for food packaging is anticipated to accelerate market expansion. Increased demand for processed foods, changes in global developing nations' lifestyles, consumer trust in online food purchases over traditional grocery items, and the environmentally friendly properties of biodegradable lidding films and caps are all anticipated to play major roles in the market's expansion for lidding films. The simple accessibility of raw resources and the affordability of labor are the main drivers of market expansion.  

Customers frequently look for convenient products like ready-to-eat food and microwave cooking due to their busy lifestyles, which may significantly fuel market expansion.

The world market for high barrier lidding film is also gaining from consumer disposable income growth, rapid urbanization, and population growth. Beyond the food and beverage industry, the pharmaceutical and cosmetic industries are predicted to have enormous growth in the worldwide high barrier lidding films market during the forecast period because of the expansion of these industries in developing countries like China and India. This factor has ultimately enhanced driving the growth of the Lidding Films Market revenue.

Lidding Films Market Segment Insights

Lidding Films Product Type Insights

The Lidding Films Market segmentation, based on Product Type, includes Dual-ovenable lidding films, Specialty lidding films, High barrier lidding films, and Breathable lidding films. The High barrier lidding films product type segment held the majority share in 2021 contribution to around ~40.10% in respect to the Lidding Films Market revenue. The purpose of the high barrier lidding film is to keep the products secure and increase their shelf life. To safeguard product integrity and maintain quality in the case of permeation by water, taste, oxygen, gas, aroma, and light, high barrier lidding films are employed in the packaging business. High barrier lidding films have become more popular due to their benefits, including their light weight, excellent performance, and attractive packaging.

Manufacturers are constantly working to create premium lidding films that adhere to FDA rules. Lidding film companies are offering new substitutes including flexible nature, peelable, re-sealable, anti-fog, and custom-printed films.

The market has expanded positively because of rising awareness of and use of improved functional films in sealing and packing procedures that provide hygiene and strict preservation measures.

August 2021: Amcor has announced the release of a proprietary healthcare lidding technology that will be used for combination products that contain two or more regulated components.

Global Lidding Films Material Type Insights

The Lidding Films Market segmentation, based on material type, includes Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyethylene Terephthalate (PET), Ethylene Vinyl Alcohol (EVOH), Others. Polyethylene Terephthalate (PET) material type segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. When compared to other conventional products and packaging, PET lidding is thought to be dependable and adaptable. Due to their excellent barrier resistance property and the long shelf life of the product, PET lids have features like heat resistance, high tensile strength, and stability. Due to rising consumer demand for processed and convenience meals, it is anticipated that the food and beverage sector will drive the worldwide PET lidding films market to its highest level of growth. PET lidding films improved consumer convenience, flavor and aroma preservation, shelf-life extension, and food safety. The rising desire for convenience and processed meals, the flourishing food and beverage industry, the expanding working population, the rising need for dairy products, and the higher usage of conveniently packaged food goods are significant factors. Market expansion is aided by the strong growth of franchise food companies, a growing retail industry, and the growing adoption of processed foods.

February 2020: Plastopil introduced a ready-to-recycle flexible packaging line to meet stringent recycling regulations. The Plastopil range provides complete solutions for high barrier applications based on the concept of mono-material construction of various materials such as PP, PET, and PE.

Global Lidding Films End-users Insights

The Lidding Films Market data has been bifurcated by end-user into Food, Beverages, Pharmaceutical, Personal care & cosmetics, and Others. Food segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. The most typical applications for lidding films include sealing food items such dairy goods like sour cream and cottage cheese in plastic containers, paperboard pints, or trays. Canned soups, meats, microwaveable meals, and other foods packaged in rigid containers are examples of other products that may be wrapped in lidding films.

The industries that use lidding films most frequently are those that produce food, such as supermarkets and food producers. These companies employ lidding films to extend shelf life and stop product contamination while packaging.

Figure 2: Lidding Films Market, by end-users, 2021 & 2030Source: Secondary Research, Primary Research, MRFR Database and Analyst Reviews

Global Lidding Films Application Insights

The Lidding Films Market data has been bifurcated by application into Cups, Trays, Cans & Bottles, and Others. Cup segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Lidding is frequently used as a closure on plastic bowls, cups, or trays that carry goods like yogurt, soup, meats, cheese, and several other food items. Foil, paper, polyester, PET, and a variety of other metalized and non-metalized materials that make up the film are frequently laminated to create lidding.

The material is designed specifically to peel without tearing. For a longer period, it keeps a tight seal and strong adhesion.

Lidding Films Market Regional Insights

By Region, the study segments the market into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America accounted for the largest market share of 38.57% in 2021, with a market value of USD 1,404.21 million; the region is expected to register a CAGR of 5.90% during the forecast period. Europe was the second-largest market in 2021, valued at USD 1,071.32 million; the market is projected to exhibit the CAGR of 5.45%.

Further, the major countries studied are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, New Zealand, South America, Africa, and Middle East.

Figure 3: LIDDING FILMS MARKET SHARE BY REGION, 2021 & 2030Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America lidding films market accounts for the largest market share and is expected to grow by a CAGR of 5.90%. One of the biggest marketplaces for lidding films worldwide is North America, which is followed by Europe. Significant product advances, the industrialization of packaging in the region, and the active involvement of the U.S. and Canadian markets all contribute to the region's success. To sustain customer applications, suppliers are utilizing various material combinations. Further, the US lidding films market dominated the regional lidding films market and will expect to grow by a CAGR of 6.10%, and the Canada lidding films market is expected to grow by a CAGR of 5.29% in North America region. For instance, US lidding films market is a major contributor in the regional Lidding Films market, Leading manufacturers and large companies driving the lidding films market in North America. The lidding films market is currently being driven by several factors.

The Europe Lidding Films Market is expected to grow at a CAGR of 5.45% from 2022 to 2030, due to the lidding films market is currently being driven by several factors. Additionally, companies in this region are now adopting advanced machinery, which is coupled with the rise in the need for supply chain integration. This is driving the manufacturers towards automation solutions because of their ability to interact with the stakeholders and the optimization of complicated logistics schedules. Moreover, Germany lidding films market held the largest market share, and the UK lidding films market was the fastest growing market in the Europe region.

Global Lidding Films Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the lidding films market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the lidding films industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the global Lidding Films industry to benefit clients and expand the Lidding Films market sector is to manufacture locally to reduce operating costs. The leading players, as mentioned above, are dominating the market due to their advanced product offerings, high industry experience, and geographic reach. These players may establish their presence worldwide through strategic partnerships and acquisitions during the forecast period. Players with access to better technologies can develop unique and innovative products and solutions, which could render the competitors’ offerings obsolete. The competitive environment in the market is likely to intensify further due to the technological advancements.

Amcor Plc (Amcor) is a provider of packaging solutions. It sells pet bottles, plastic bottles and jars, capsules and closures, specialty folding cartons, free films, bags and pouches, wrappers, rigid containers, laminates, and flow packs made of plastic, fibre, metal, and glass. Products from the company are used in a variety of industries, including beverages, food, pharmaceutical, medical device, homecare personal care, pet care, specialty cartons, and other technical applications. It also serves the markets for medical devices, healthcare, pharmaceuticals, personal care, and home products. Western Europe, Asia-Pacific, North America, and Oceania are all regions where the company has a presence.

Flair Flexible Packaging Corporation is a fully integrated supplier of food and non-food flexible film materials, technology, and design solutions. It also provides custom and stock bags, pouches, and roll stock films to customers based on their specific product needs. Flair offers services that benefit our customers in all aspects of flexible packaging in addition to high-quality products. Flair has a global customer base.

Key Companies in the Lidding Films Market includes.

• AMCOR PLC


• FLAIR FLEXIBLE PACKAGING CORPORATION


• MONDI PLC


• SEALED AIR CORPORATION


• BERRY GLOBAL INC.


• PLASTOPIL HAZOREA COMPANY LTD


• CLIFTON PACKAGING GROUP LIMITED


• WIPAK WALSRODE GMBH & CO. KG


• IMPAK FILMS US LLC


• UFLEX LTD.

Global Lidding Films Industry Developments

May 2020 Flair Flexible Packaging has introduced enhanced PLATINUM+ thermoforming films to improve efficiency and cost savings. This will provide growth opportunity for the lidding films industry.

Lidding Films Market Segmentation

Lidding Films Market Product Outlook (USD Million, 2018-2030)

• Dual-ovenable lidding films


• Specialty lidding films


• High barrier lidding films.


• Breathable lidding films.

Lidding Films Market Material Outlook (USD Million, 2018-2030)

• Polypropylene (PP)


• Polyvinyl Chloride (PVC)


• Polyethylene (PE)


• Polyethylene Terephthalate (PET)


• Ethylene Vinyl Alcohol (EVOH)


• Others

Lidding Films Market End-User Outlook (USD Million, 2018-2030)

• Food


• Beverages


• Pharmaceutical


• Personal care & cosmetics


• Others

Lidding Films Market Application Outlook (USD Million, 2018-2030)

• Cups


• Trays


• Cans & Bottles


• Others

Lidding Films Market Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Belgium
  
  
  • Sweden
  
  
  • Netherlands
  
  
  • Switzerland
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Rest of Asia -Pacific
  
  
  
  


• Middle East & Africa
  
  
  
  • Saudi Arabia
  
  
  • UAE
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa
  
  
  
  


• South America
  
  
  
  • Argentina
  
  
  • Brazil
  
  
  • Rest of South America
  
  
  
  

Attribute/Metric	Details
Market Size 2023	USD 3817.53 Million
Market Size 2024	USD 3913.11 Million
Market Size 2032	USD 5107.20 Million
Compound Annual Growth Rate (CAGR)	3.4% (2024-2032)
Base Year	2023
Forecast Period	2024-2032
Historical Data	2018 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Material, End-User, Application, and Region
Geographies Covered	North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Countries Covered	The U.S, Canada, Mexico, Germany, France, UK, Italy, Spain, Belgium, Netherlands, Sweden, Switzerland, China, Japan, India, South Korea, South Africa, UAE, Saudi Arabia, Argentina, and Brazil.
Key Companies Profiled	AMCOR PLC, FLAIR FLEXIBLE PACKAGING CORPORATION, MONDI PLC, SEALED AIR CORPORATION, BERRY GLOBAL INC., PLASTOPIL HAZOREA COMPANY LTD, CLIFTON PACKAGING GROUP LIMITED, WIPAK WALSRODE GMBH & CO. KG, IMPAK FILMS US LLC, UFLEX LTD.
Key Market Opportunities	New product invention
Key Market Dynamics	Increasing demand for packaged food Drivers impact analysis