Lid Laminates Market

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.