Biodegradable Lidding Films Market Size, Share, Trends, Analysis To 2032

Biodegradable Lidding Films Market Insights

The market for biodegradable lidding film was worth USD 789.2 million in 2023, and according to Zion Market Research's report, it will be worth USD 1597.77 million by the end of 2032. The market is expected to grow with a CAGR of 7.30% during the forecast period. This study provides an analysis of the growth drivers, growth restrictions, and influence on demand that are associated with the Global Biodegradable Lidding Films Market over the time of forecasting. Additionally, it will assist in navigating and investigating the possibilities that are becoming available in the Biodegradable Lidding Films Market.

Biodegradable Lidding Films Market: Overview

Materials that are biodegradable are used in the making of plastic films; these materials include sugarcane, corn starch, or tapioca products. The thermoplastic aliphatic materials are obtained from renewable resources, which include poly lactic acid, also known as polylactide. The biodegradable lidding films are used in the packaging of tablets, foods, and syrup bottles.

Biodegradable Lidding Films Market: Facts

In the European market, a new biodegradable peelable lidding film has been introduced that is made from corn starch. The Rockwell Solutions organization in Scotland has proposed that the new BioPeel biodegradable peelable lidding films can be used for the trays and pots. BioPeel is a clear, peelable PLA lidding or flow wrap film.

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Biodegradable Lidding Films Market: Segmentation

The global market for biodegradable lidding films is fragmented into its application, seal type, and the materials used.

Based on the application, the global market is segregated into fish, sausages and cured meat, cheese, ready meals, non-food products, fresh meat, poultry, cooked meat, sauces and soups, and processed produce.

Based on the seal type, the market is categorized into RePeel, a multi-use seal, TruSeal – permanent (weld) seal, and TruPeel, – peelable seal.

Based on the materials used, the market is divided into CAPFILM PE, CAPFILM PP, and CAPFILM PET.

Biodegradable Lidding Films Market: Growth Factors

The key factor that is driving the biodegradable lidding film market is the increasing focus of the manufacturers of the film packaging industry on producing biodegradable lidding films. The users worldwide that are involved in the business of frozen meat and food products are taking initiatives to reduce their carbon footprints. Consumers are now becoming more aware of using clean and eco-friendly materials, thus increasing the demand for biodegradable lidding films. Another factor that is supporting the growth of the market is the governments of different countries are encouraging the use of the biodegradable products in various industrial verticals. Certain factors will restrain the growth of biodegradable lidding films, which include the volatile prices of the raw materials and price fluctuations in the seal types, film materials, and printing inks.

Biodegradable Lidding Films Market: Report Scope

Biodegradable Lidding Films Market: Regional Analysis

The region that is leading the biodegradable lidding films market is Europe. Biodegradable lidding films are mostly used in the frozen food sector, in order to provide hygienic and safe coverage to the food package. The regions that have the highest consumption of frozen food products are Europe and North America, thus, they have a good demand for biodegradable lidding films. The market will witness significant growth in the coming years in these regions. The market is also developing in the regions of Asia Pacific region owing to the increasing population and the changing lifestyle of the people.

Biodegradable Lidding Films Market: Competitive Players

The key market players that are involved in the biodegradable lidding films market include

• Quantum Packaging
• Source One Packaging
• Clondalkin Flexible Packaging
• American Profol Inc.
• American Profol Inc.
• Huhtamaki
• NJB Packaging
• Rockwell Solutions
• SealMAX
• Xpert Packaging Inc.
• Innovia Films Inc.
• International Paper and Plastic
• National Flexible
• others.

The Global Biodegradable Lidding Films Market segments are as follows:

By Application

• fish
• sausages and cured meat
• cheese
• ready meals
• non-food products
• fresh meat
• poultry
• cooked meat
• sauces and soups
• processed produce.

By Seal Type

• RePeel
• a multi-use seal
• TruSeal – permanent (weld) seal
• TruPeel
• peelable seal.

By Materials Used

• CAPFILM PE
• CAPFILM PP
• CAPFILM PET.

Biodegradable Lidding Films Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Reports Provide

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonies to companies in order to fortify their foothold in the market.