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.
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.
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.
Some of the global key players in the market of lid laminates are as follows
Many local and unrecognized players are expected to contribute to the global lid laminates market during the forecast period.
Some of the global key developments in the market of lid laminates are as follows:
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.
On the basis of material type, global lid laminates market can be segmented as:
On the basis of product type, global lid laminates market can be segmented as:
On the basis of technology used, global lid laminates can be segmented as:
On the basis of end use industry, global lid laminates can be segmented as:
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Lid Laminates Market
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