Report Details-
Global Food Lamination Films Market, Material (Polypropylene [PP], Polyvinyl Chloride [PVC], Polyester [PET], Polyamide [PA], Polyethylene [PE]. Others), Thickness: (Up to 0.1 mm, 0.1-0.5 mm, 0.5-1 mm, Above 1 mm) – Industry Trends and Forecast to 2029
Market Analysis and Size
Food lamination films are used to protect or wrap food and prevent from environmental damages. The lamination films can be made of paper, plastic, metal or other materials, in which the plastic is the more usable material. The lamination films help to expand the shelf life of the food by avoiding the influence of external environment. Food Lamination films act as a barrier from water, oxygen, and odour and maintain the quality of food. The growth of the food industries is projected to increase the growth of the global food lamination films market.
Data Bridge Market Research analyses that the food lamination films market was valued at USD 2358.40 million in 2021 and is expected to reach USD 4113.16 million by 2029, registering a CAGR of 7.20 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Laminating is the method in which two or more flexible packaging webs are joined together by using a bonding agent. These webs are mainly including films. Food Laminated films are used in an extensive range of flexible packaging applications, such as packaging of noodles, snacks, sugar, seasoning, beverages, biotic liquid packaging, and much more. General food Lamination Film is broadly used in high-speed production for flexible packaging because it delivers the benefit of increasing efficiency and quickly packaging. The fine printing capabilities make the product much more attractive and extend shelf life.
Food Lamination Films Market Dynamics
Drivers
- Increase in Online Shopping
Manufacturers of food lamination films are gradually emphasizing on the basis of product appeal and consumer. Due to the rapid increase of online shopping and more use of e-Commerce portals, expanded the demand for packaged food, fueled the requirement for food lamination film solutions in the market.
- Demand for longer self-life
Busy lifestyle of customers and increasing demand for convenient food packaging is expected to driving the demand for food lamination films. Food lamination films help to increase the shelf life of the food and prevent spoiling of food by creating an enhanced layer of barriers that prevent the food from exposure to oxygen. The food & beverage industry is shifting its traditional packaging formats too easy to transport and lightweight.
Opportunities
- Environmental concern
There is increasing pressure to reduce the environmental impact of packaging. Food & beverage Industries are taking some environmental concerns and decreasing the amount of polymer used without compromising the product's performance. To decrease the environmental effect, some companies have started the manufacture of renewable and biodegradable cellulose-based lamination films.
- Technological advancement
Antimicrobial technology must also be integrated into textiles and plastic which has used in food packaging to protect by fungal and bacterial growth, Hence packaging laminate manufacturers are growing their production capacity as a result of legislative provisions & safety measures in order to develop sustainable and innovative food lamination films for a variety of end-use industries.
COVID-19 Impact on Food Lamination Films Market
The coronavirus has impacted globally on the way that people use FMCG products. Because of the health threat that COVID-19 poses globally, several governments have imposed lockdowns which has reduced the demand of the food processing industry. Furthermore, the closure of maximum restaurants has affected the food purchasing through grocery and other outlets. COVID resulted in a reduction in demand services but augmented the demand for online commerce. A fundamental shift in business standards, e-commerce legislation, some government norms and regulations, and consumer taste has resulted in a reduction in the usage of eco-friendly solutions.
Global Food Lamination Films Market Scope
The food lamination films market is segmented on the basis of materials and thickness. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Polypropylene [PP]
- Polyvinyl Chloride [PVC]
- Polyester [PET]
- Polyamide [PA]
- Polyethylene [PE]
- Others
Thickness:
- Up to 0.1 mm
- 0.1-0.5 mm
- 0.5-1 mm
- Above 1 mm
Competitive Landscape and Food Lamination Films Market Share Analysis
The food lamination films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to food lamination films market.
Some of the major players operating in the food lamination films market are:
- Sealed Air (US)
- Amcor plc (Switzerland)
- Jindal Poly Films (US)
- Bemis Manufacturing Company (US)
- DuPont Teijin Films (Japan)
- Berry global Inc. (US)
- Britton Group (UK)
- Charter Nex Films (US)
- Reynolds Consumer Products (US)
- Uflex Limited (India)
- Mondi (UK)
- EPL limited (India)
- Cosmo Films Ltd (US)
- Drytac Corporation (US)
- Raven Industries (US)
- Toppan Inc, (Japan)
- Sumitomo Chemical Co., Ltd. (Japan)
- Transcendia (US)
- FlexFilm (Russia)
- Taghleef Industries SL (US)
- Royalsovereign, Inc.(US)
Food Lamination Films Market Regional Analysis/Insights
The food lamination films market is analysed and market size insights and trends are provided by country, materials and thickness as referenced above.
The countries covered in the food lamination films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
During the forecast period, Asia-Pacific dominates the food lamination films market in terms of revenue and market share. This is due to the increasing demand for food lamination films in this region. The Asia-Pacific region leads the food lamination films market due to increasing per capita income, growing population, and rising demand in emerging economies in this region.
During the projected period, North America is anticipated to be the fastest developing region due to presence of large number of manufacturers and high consumption of packaged food by customers in this region.
Access Full Report:- https://www.databridgemarketresearch.com/reports/global-food-lamination-films-market
Request Access for Sample Report:- https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-food-lamination-films-market
Major TOC of the Report
· INTRODUCTION
· MARKET SEGMENTATION
· MARKET OVERVIEW
· EXECUTIVE SUMMARY
Get TOC of the Report:- https://www.databridgemarketresearch.com/toc/?dbmr=global-food-lamination-films-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
Browse Related Reports@
Global Personal Care Packaging Market
Global Fresh Meat Packaging Market
Middle East and Africa Palm Fiber Packaging Market
North America Palm Fiber Packaging Market
