Global Anti-Fog Lidding Films Market

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 Insights

Anti-Fog Lidding Films Market size was valued to be USD 383.20 million in 2019, and it is expected to grow from USD 405.4 in 2019 and reach USD 712.43 billion by 2031, at a CAGR of 5.80% over the forecast period (2024-2031).

Anti-fog lidding films are primarily used to prevent the production of fog. As a result of their typical high strength and heat resistance, they are frequently used for mugs, tubs, covering trays, and other items. Typically, materials like polyethylene terephthalate, polypropylene, polyvinyl chloride, and others are used to create them. It is frequently utilized in sectors including dairy goods, frozen meals, bakery and confectionery, seafood, and others and extends the product's shelf life as well.]

The market is expanding primarily due to the increased use of anti-fog lidding films, which prevent contamination, as well as improvements in packaging technologies in terms of design, properties, features, and customization in response to shifting requirements. Other factors driving market growth include rising consumer convenience expectations, rising hygiene concerns among the populace, and a rapidly expanding food and beverage industry. Additionally, the market for anti-fog lidding films will see new chances grow as research and development efforts increase and packaging techniques become more modernized during the projected period.

Anti-fog lidding films help ensure spill-proof transport and are user-friendly because they can be opened by simply lifting a tab on the pocket; the product does not need to be re-packed into cling film or a separate freezer bag. Manufacturers improve product visibility, which appeals to customers and boosts sales of the product, by including anti-fog features on lidding films. During the forecast period, this is anticipated to support the demand for anti-fog lidding films.

US Anti-Fog Lidding Films Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

The anti fog lidding films market will grow at a CAGR of 5.80% over the forecast period (2022-2028).

The polythene anti-fog kidding films segment holds the largest market share on the basis of material type.

Anti-Fog Lidding Films Market size was valued to be USD 383.20 million in 2019, and it is expected to grow from USD 405.4 in 2019 and reach USD 712.43 billion by 2031, at a CAGR of 5.80% over the forecast period (2024-2031).

The anti-fog lidding film market is moderately fragmented globally. This study analyses the competitive environment of the market and contains details on the products provided by major firms in order to aid customers in strengthening their market positions. This market research study on anti-fog lidding films also provides details on forthcoming trends and obstacles to market expansion. This will assist businesses in developing plans to take full advantage of up and coming growth prospects. 'Amcor Plc (Australia)', 'Uflex Ltd. (India)', 'Toray Plastics (America), Inc. (US)', 'Plastopil Hazorea Company Ltd (Israel)', 'Effegidi International S.p.A. (Italy)', 'Sealed Air Corp. (US)', 'Berry Global Inc. (US)', 'Flexopack SA. (Greece)', 'Winpak Ltd. (Canada)', 'Coveris Holdings SA (Austria)', 'Flair Flexible Packaging Corporation (US)', 'Rockwell Solutions Limited (UK)', 'RPC bpi group (UK)', 'Cosmo Films Ltd. (India)', 'Bemis Company Inc. (US)'

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.

Increasing number of strategic partnerships: Market players are searching for strategies to offer distinctive products. As a result, they are creating alliances with the intention of growing their businesses. For instance, Constantia Flexibles Corp. purchased Propak, one of the packaging film producers in Turkey. Similarly, American Packaging Corporation was bought by Central National Gottesman Inc. (CNG). The acquisition was made with the intention of supplying packaging materials to retail and industrial customers, including those in the pharmaceutical, medical device, and food processing industries.

Based on the region, Asia Pacific held the largest global anti-fog lidding films market share. This is due to the region's fast urbanization, industrialization, rise in disposable income, rise in population's cleanliness concerns, and increased emphasis on consumer convenience.  The high consumption of meat, poultry, and fish in the area fuels the expansion of the regional market. The market for anti-fog lidding films has increased in India because of factors such as significant expenditure on ready-to-eat food outside the home, the number of working women, and job possibilities. One of the main drivers of market expansion is an increase in population awareness of the media, literacy rates, and living conditions favorable to food goods that adhere to health and sanitation requirements. Consumers of meat are more focused on the region's meat's nutritional value. The growing health risks from diseases is driving up demand for meat and poultry products that are produced in a clean and hygienic environment.

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Global Anti-Fog Lidding Films Market

Product ID: SQSG15A2029

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