Lidding Films Market trends Key Current and Future Trends, Regional Forecast 2028
Market Analysis The global lidding films market is likely to grow at a 6.1% CAGR in the forecast period 2021- 2028, according to the latest Market Research Future (MRFR) analysis. Lidding films are used to cover trays, cups, bowls, and tubs owing to their stability, heat resistance, and high tensile strength for which they are also useful in cargo packaging. These films boost the life of the product owing to its high barrier resistance. They are process optimized that makes them cost effective. Various factors are fuelling the global lidding films market share. As per the recent MRFR market estimates, such factors include increasing demand for food packaging, change in lifestyle of developing countries, growing population, the need for packaging of fresh food, increasing preference towards ready to eat food, rise in online retail sites, growing use of online products, increasing use during COVID-19 pandemic, and eco-friendly nature of biodegradable caps and lidding films. On the