Market Overview:
The global high barrier lidding film market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high barrier lidding films from the pharmaceutical, consumer goods, food and beverages, and cosmetics industries. In terms of type, the polypropylene (PP) segment is expected to lead the global high barrier lidding film market during the forecast period. This can be attributed to PP’s properties such as good gas and moisture barriers, toughness, and chemical resistance.
Product Definition:
High Barrier Lidding Film is the film used to form the lid on a container. It is important because it helps to keep the contents of the container fresh by providing a barrier between them and outside air.
Polypropylene (PP):
Polypropylene (PP) is a thermoplastic polymer, which can be recycled and used for manufacturing high barrier lidding films. PP has the ability to withstand extreme temperatures and thus finds application in food packaging. It also provides excellent clarity to the film thereby increasing its marketability. The aforementioned factors are expected to have a positive impact on growth of High Barrier Lidding Film Market over the forecast period.
Polyvinyl Chloride (PVC):
Polyvinyl chloride is a thermoplastic polymer with the formula (PVC)2. It is a solid, non-toxic, colorless and highly flammable material that can be processed by injection molding, extrusion and blow molding. PVC has good chemical resistance to solvents as well as acids but poor resistance to bases. It also has low tensile strength and flexibility which makes it less useful for structural applications.
Application Insights:
High barrier lidding films are used in a wide range of applications including pharmaceutical, food and beverages, cosmetics, consumer goods and others. The pharmaceutical segment is expected to witness the fastest growth over the forecast period owing to high demand for blister packaging in this sector. Blister packaging is widely used for tablets and capsules as it provides an airtight seal which prevents entry of moisture into drugs. High barrier lidding films provide protection against UV light, oxygen permeability as well as mechanical damage to drugs during storage or transit.
The food & beverage application segment accounted for a significant share on account of high demand from cold chain industry such as ice cream trucks, mobile vendors etc. Cold chain plays an important role in ensuring product quality across the globe due to increasing demand from various industries such as dairy products-based foods along with home delivery services becoming popular among consumers globally.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for over 30% of the global revenue share. The region is expected to dominate the global industry over the forecast period owing to stringent regulations regarding food safety and hygiene coupled with rising demand for pharmaceuticals, cosmetics, and other consumer goods.
The Asia Pacific is projected to be one of the fastest-growing regions from 2018 to 2030 due to rapid industrialization along with increasing awareness about high barrier lidding films across end-use industries such as healthcare, electronics, manufacturing & construction. Rising disposable income levels in emerging economies such as China & India are also expected favorably impact regional growth trends during the forecast period.
Growth Factors:
- Increasing demand for packaged food products: The global packaged food market is projected to grow at a CAGR of 5.4% from 2016 to 2021, reaching a value of USD 2,711.5 billion by 2021. This growth is primarily driven by the increasing urbanization and changing lifestyles in emerging markets, coupled with the rising demand for convenience foods.
- Rising consumer awareness about hygiene and health: There is an increasing consumer awareness about hygiene and health issues, which is driving the demand for high barrier lidding films that provide better protection against contamination and spoilage of food products.
- Technological advancements in packaging materials: The packaging industry is witnessing rapid technological advancements, with manufacturers focusing on developing innovative packaging solutions that can improve product shelf life and protect against contamination and spoilage. High barrier lidding films are one such innovation that has gained popularity in recent years due to their superior performance characteristics relative to traditional packaging materials like plastics or aluminum foil sheets/foils .
Scope Of The Report
Report Attributes
Report Details
Report Title
High Barrier Lidding Film Market Research Report
By Type
Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyethylene Terephthalate (PET)
By Application
Pharmaceutical, Consumer Goods, Food and Beverages, Cosmetics
By Companies
DowDuPont, Golden Eagle Extrusions, Toray Plastics (America), Multi-Pastics, Clifton Packaging Group, Amcor, TCL Packaging, Sealed Air Corporation, Schur Flexibles Holding, Mondi Group, DowDuPont
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global High Barrier Lidding Film Market Report Segments:
The global High Barrier Lidding Film market is segmented on the basis of:
Types
Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyethylene Terephthalate (PET)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Consumer Goods, Food and Beverages, Cosmetics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DowDuPont
- Golden Eagle Extrusions
- Toray Plastics (America)
- Multi-Pastics
- Clifton Packaging Group
- Amcor
- TCL Packaging
- Sealed Air Corporation
- Schur Flexibles Holding
- Mondi Group
- DowDuPont
Highlights of The High Barrier Lidding Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- By Application:
- Pharmaceutical
- Consumer Goods
- Food and Beverages
- Cosmetics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Barrier Lidding Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Barrier Lidding Film is a type of film that is used to cover food products in order to prevent contamination. The film is made up of several layers and has a very high barrier property, meaning that it will protect the food from bacteria and other contaminants.
Some of the key players operating in the high barrier lidding film market are DowDuPont, Golden Eagle Extrusions, Toray Plastics (America), Multi-Pastics, Clifton Packaging Group, Amcor, TCL Packaging, Sealed Air Corporation, Schur Flexibles Holding, Mondi Group, DowDuPont.
The high barrier lidding film market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Barrier Lidding Film Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Barrier Lidding Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Barrier Lidding Film Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Barrier Lidding Film Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Barrier Lidding Film Market Size & Forecast, 2020-2028
4.5.1 High Barrier Lidding Film Market Size and Y-o-Y Growth
4.5.2 High Barrier Lidding Film Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polypropylene (PP)
5.2.2 Polyvinyl Chloride (PVC)
5.2.3 Polyethylene (PE)
5.2.4 Polyethylene Terephthalate (PET)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Consumer Goods
6.2.3 Food and Beverages
6.2.4 Cosmetics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Barrier Lidding Film Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Barrier Lidding Film Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polypropylene (PP)
9.6.2 Polyvinyl Chloride (PVC)
9.6.3 Polyethylene (PE)
9.6.4 Polyethylene Terephthalate (PET)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Consumer Goods
9.10.3 Food and Beverages
9.10.4 Cosmetics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polypropylene (PP)
10.6.2 Polyvinyl Chloride (PVC)
10.6.3 Polyethylene (PE)
10.6.4 Polyethylene Terephthalate (PET)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Consumer Goods
10.10.3 Food and Beverages
10.10.4 Cosmetics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polypropylene (PP)
11.6.2 Polyvinyl Chloride (PVC)
11.6.3 Polyethylene (PE)
11.6.4 Polyethylene Terephthalate (PET)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Consumer Goods
11.10.3 Food and Beverages
11.10.4 Cosmetics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polypropylene (PP)
12.6.2 Polyvinyl Chloride (PVC)
12.6.3 Polyethylene (PE)
12.6.4 Polyethylene Terephthalate (PET)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Consumer Goods
12.10.3 Food and Beverages
12.10.4 Cosmetics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polypropylene (PP)
13.6.2 Polyvinyl Chloride (PVC)
13.6.3 Polyethylene (PE)
13.6.4 Polyethylene Terephthalate (PET)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Consumer Goods
13.10.3 Food and Beverages
13.10.4 Cosmetics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Barrier Lidding Film Market: Competitive Dashboard
14.2 Global High Barrier Lidding Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDuPont
14.3.2 Golden Eagle Extrusions
14.3.3 Toray Plastics (America)
14.3.4 Multi-Pastics
14.3.5 Clifton Packaging Group
14.3.6 Amcor
14.3.7 TCL Packaging
14.3.8 Sealed Air Corporation
14.3.9 Schur Flexibles Holding
14.3.10 Mondi Group
14.3.11 DowDuPont
