This Lid Laminates market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Lid Laminates market.
Global Lid Laminates Market: Overview
Lid laminates are coated or laminated composite material made up of plastic, paper or metal which act as a protective layer to the product. Lid laminates are ideally used for ready to eat food items that includes dairy products and also used in the chemical type of products. Lid laminates find application in Modified Atmosphere Packaging (MAP), flow pack systems and vacuum bags. In order to improve efficiency, lid laminates can be enriched with ALOX, EVOH barrier, antifog, peel & reclose system. These laminates are easy to peel laminates and suitable for all kinds of substrate ranging from glass to plastic. Also, lid laminates provide the longer shelf life to the product which helps in keeping the product fresh for a longer duration of time. Developing taste & preferences towards the convenient product packaging has a positive impact on the lid laminates market during the forecast period.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global Lid Laminates Market: Dynamics
With the changing lifestyle and developing tastes, the demand of for ready to eat food is increasing which in turn increases the demand for lid laminates in the market. The protective shield provides by lid laminates locks the freshness of the product. Also, the manufacturers are preferring the lid laminates as it serves as a protective layer and locks the moisture content of the products. Lid laminates are adopted by the key players in the food and beverage industries as it can be used for brand enhancement purposes and for the fresh appeal of the product, which is one of the major factor in the driving the market of lid laminates globally. Properties such as tear and puncture resistance & waterproof are some of the factors escalating the market. However, ready to eat food items increases obesity problems and health issues which in turn can decline the market of lid laminates in the near future.
Global Lid Laminates Market: Regional Outlook
Geographically, the global lid laminates can be segmented based on the region like North America, Latin America, Western Europe, Eastern Europe, MEA, APEJ & Japan. Europe has the major market in the lid laminates and is estimated to dominate the market in the near future. India and China are expected to witness growth in the lid laminates owing to the increasing consumption of ready to eat food items & rising expenditure pattern. North America and Europe region is expected to witness growth in the lid laminates market in the near future.
Global Lid Laminates Market: Key Players
Some of the global key players in the market of lid laminates are as follows
- Kris Flexipacks Pvt Ltd.
- Clondalkin Group Hooldings B.V.
- Wipak Oy
- Maria Soell GmbH
- Fatra Folam
- Pakmar Inc.
- Gualapack Group
Many local and unrecognized players are expected to contribute to the global lid laminates market during the forecast period.
Global Lid Laminates Market: Key Developments
Some of the global key developments in the market of lid laminates are as follows:
- Kris Flexipacks Pvt Ltd. introduced lid laminates that can be used on TFFS, high speed single or multi track filling lines. These lids incorporate tamper evidence with decoration.
- Maria Soell GmbH has introduced biodegradable lid laminates in 2017. These biodegradable lid laminates consist of combination of the natural product paper with biopolymers. Lid laminates provided by the company has biodegradable and heat sealable properties and also provide a mineral oil barrier that is essential in food packaging.
The report is a compilation of first-hand information, qualitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Lid Laminates Market: Segmentation
On the basis of material type, global lid laminates market can be segmented as:
- Polyethylene (PE)
- Polystyrene (PS)
- Polyethylene terephthalate (PET)
- Biaxially-Oriented Polypropylene (BOPP)
On the basis of product type, global lid laminates market can be segmented as:
- Easy Peel Lid laminates
- Break Seal Lid laminates
On the basis of technology used, global lid laminates can be segmented as:
- Gravure Printing
- Flexo Print
- Digital inkjet Printing Technology
On the basis of end use industry, global lid laminates can be segmented as:
- Cosmetics and Personal Care
Global Lid Laminates Market: Report Highlights
- A detailed overview of parent market.
- Changing market dynamics in the industry.
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
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What will you discover from Lid Laminates Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Lid Laminates Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Lid Laminates Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Lid Laminates Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)