Growing need for packaging material that leads to high productivity and less stress on machines had led to an ever increasing demand for lidding foil market. Lidding foils are used to give a consummate conclusion to the container as well as assurance from external impacts. Lidding foils are also preferred due to their smooth and robust peel which is well suited for clean room environments. Lidding foils provide barrier protection which is approximately five times better than other lidding material. Not only this, they also offer many advantages to the packaging machinery operators as they run more efficiently on the packaging lines providing fewer hang ups and rejects as compared to their counterparts.
Market Analysis and Insights: Global Lidding Foil Market
Due to the COVID-19 pandemic, the global Lidding Foil market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Die Cut Lidding Foil accounting for % of the Lidding Foil global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Pharmaceutical segment is altered to an % CAGR throughout this forecast period.
China Lidding Foil market size is valued at US$ million in 2021, while the US and Europe Lidding Foil are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Lidding Foil landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Lidding Foil include Winpak, Amcor, Constantia Flexibles, Raviraj Foils Limited, Wisesorbent Technology, Tekni-Plex, Sonoco, Assan Aluminyum and Symetal, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Lidding Foil capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Lidding Foil by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Lidding Foil Scope and Segment
Lidding Foil market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Lidding Foil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Die Cut Lidding Foil
Roll Stock Lidding Foil
Segment by Application
Pharmaceutical
Food and Beverage
Others
By Company
Winpak
Amcor
Constantia Flexibles
Raviraj Foils Limited
Wisesorbent Technology
Tekni-Plex
Sonoco
Assan Aluminyum
Symetal
Fukuda Metal Foil & Powder
NGPL Paper Pack
Raviraj Foils Limited
Gravure Packaging Products
Caprihans India Limited
Carcano Antonio SpA
Ispak Ambalaj
Sergusa Solutions Pvt. Ltd
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE