The global demand for Dual Ovenable Lidding Films Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Dual ovenable lidding films refer to the transparent plastic films utilized in side dishes or packaging entrees. They permit the film to be kept on the product while the food is cooked and can go in both conventional and microwave ovens. Dual-Ovenable lidding films are ideal for the prepared meals, frozen foods packaging or any application that is required to be heated in a microwave or oven. It gives customized peelability, excellent clarity, and superb heat resistance are some attributes of this film that lead to its high demand. The advantages of dual ovenable lidding films include high safety, convenience, particularly in providing a longer shelf life and preserve the taste and freshness of the food item in markets where consumers are more focused on the convenience of processed food products rather than traditional grocery products.
Market Dynamics
The rising demand for sustainable packaging solutions among customers and stringent recycling need is the key factors driving the Dual ovenable lidding films market. The strong barrier properties against air, moisture, and bacteria, dual ovenable lidding films, leads to high market demand for packaging meat and other perishable. The expanding fast-food channels in the country are prompting high market demand in the forecast period. Moreover, the expanding food and beverage industry globally and rising production of packaged products are likely to create growth opportunities for key players of the Dual ovenable lidding films market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of dual ovenable lidding films. The growth and trends of dual ovenable lidding films industry provide a holistic approach to this study.
Market Segmentation
This section of the dual ovenable lidding films market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Polyethylene (Pe)
- Polyethylene Terephthalate (Pet)
- Polypropylene (Pp)
- Others
By Application
- Prepared Meals
- Frozen Food
- Meat Products
- Dairy Products
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Dual Ovenable Lidding Films market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Dual Ovenable Lidding Films Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the dual ovenable lidding films market include Amcor PLC., Sealed Air Corporation,Berry Global, Inc., Schur Flexibles Holding GMBH, DuPont Teijin Films U.S. Limited Partnership, Flair Flexible Packaging Corporation, Sirane Ltd., Coveris, Inc., FFP Packaging Ltd,Sonoco Products Company,Toray Plastics (America), Inc,Terphane Inc,Alert Packaging Ltd, Clifton Packaging Group Ltd., and Multi-Plastics Extrusions, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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