Product ID: SQSG15A2029
Global Anti-Fog Lidding Films Market Size, Share, Growth Analysis, By Material Type(Polyethylene, Polyethylene Terephthalate), By Sealing Type(Peelable Films, Resealable Films), By Application(Trays, Cups & Bowls), By End-User(Meat, Poultry) - Industry Forecast 2024-2031
Report ID:
SQSG15A2029 |
Region:
Global |
Published Date: April, 2024
Pages:
260
|
Tables:
123 |
Figures:
72
Global Anti-Fog Lidding Films Market Dynamics
Anti-Fog Lidding Films Market Drivers
- Rising demand for packaged food and beverage goods: Food and Beverage product manufacturers select packaging materials that increase food shelf life. However, the creation of fog on vegetables and fruits with a high moisture content causes an estimated 50% of packed food intended for human consumption to degrade. By offering modified environment packaging that can aid in the preservation and shelf life extension of perishable commodities, anti-fog lidding films can significantly reduce such losses. These coatings also serve as aroma barriers. Additionally, because these sheets are thin, they greatly lessen the packaging's overall weight. During the projected period, these variables are anticipated to aid in the market's expansion.
- Globally, consumers are becoming more concerned about food and its packaging's hygiene. Enhancing packaging solutions by adding specialized features to them is an effective way to produce hygienic packaged food that is free of microorganisms and bacteria. Due to their ability to completely seal the product and prevent contamination, lidding films are now being used more frequently. Accordingly, it is anticipated that this will significantly increase the use of anti-fog lidding films in the packaging of fresh produce, meat, and dairy products. Independent studies have demonstrated that when consumers experience difficulties unpacking a product, they are very quick to switch to another brand. A packaging strategy that is focused on the needs of the consumer is now necessary. The main goal is still to create a product that is simple to open during consumption and that can be transported without incident. Manufacturers use anti-fogging lidding films for their lidding applications in order to accomplish this.
Anti-Fog Lidding Films Market Restraints
- The erratic nature of the prices of raw materials: The expansion of the worldwide anti-fog lidding films market is being hampered by the volatile price of petroleum-based raw materials. The price of Brent crude oil jumped from US$ 41.69 per barrel in 2020 to US$ 70.89 per barrel in 2021, according to the US Energy Information Administration. Brent crude oil's price jumped once again in 2022, rising from US$ 70.89 per barrel to US$ 103.35 per barrel. Variations in their costs can cause uncertainty in the market because petroleum derivatives are some of the raw ingredients used frequently to make anti-fog lidding films. These elements may limit market expansion throughout the anticipated time frame.
Global Anti-Fog Lidding Films Market Report Snapshots
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