The global Dual Ovenable Lidding Films Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Dual Ovenable Lidding Films market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Global dual ovenable lidding films market was valued at USD 78.17 million in 2021 and is expected to reach USD 120.88 million by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029.
Top Companies in the Global Dual Ovenable Lidding Films Market:
Amcor plc (Switzerland), Mondi (U.K.), Huhtamaki (Finland), Sealed Air (U.S.), Jindal Poly Films Limited (India), Toppan Inc., (Japan), Kureha Corporation (Japan), HPM Global, Inc. (South Korea), Flair Flexible Packaging Corporation (U.S.), Constantia Flexibles (Austria), MULTIVAC (Germany), DuPont (U.S.), Wihuri Group (Finland), BERNHARDT Packaging & Process (France), Borealis AG (Austria), among others.
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Market Segmentation:
The dual ovenable lidding films market is segmented on the basis of material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Ethylene Vinyl Alcohol (EVOH)
- Others
Application
- Prepared Meals
- Frozen Food
- Meat Products
- Dairy Products
- Others
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
North America dominates the dual ovenable lidding films market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth in this region is attributed to the high demand for consumer goods and packaged food within the region.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the growing industrialization and urbanization in developing countries such as China and India in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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https://www.databridgemarketresearch.com/reports/global-dual-ovenable-lidding-film-market
Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Usage of the Dual Ovenable Lidding Films
The emergence of dual-ovenable lidding films has reduced various complications of packaging processed food, and rise in demand for the packaging solution because the easy peelable lidding that protects cooked food from contamination accelerates the market growth. The high usage in the prepared meals, frozen foods, meat products, and dairy products, and use of the dual-ovenable lidding films for foodservice and household applications owing to their excellent clarity, high barrier capability, and smooth surface, further influence the market.
Additionally, change in lifestyle, rapid urbanization, surge in disposable income, excellent sealability, and printable texture positively affect the dual ovenable lidding films market. Dual ovenable lidding films are frequently suggested for packing meat and other perishables due to their high barriers against air, moisture, and bacteria, which further accelerates the market growth.
Opportunities
- Product Innovations and Other Strategies by Market Players
The various product innovations and the packaging solutions advancements further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, several manufacturers are also offering a variety of printing and embossing alternatives that will further expand the future growth of the dual ovenable lidding films market.
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