Reports
Reports
Sale
The United States lidding film market value reached USD 807.50 million in 2023. During the forecast period between 2024 and 2032, the market is expected to grow at a CAGR of 5.1% to reach around USD 1,263.47 million by 2032.
United States Lidding Film Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 807.50 |
Market Size 2032 | USD Million | 1,263.47 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.1% |
CAGR 2024-2032 - Market by Region | Far West | 5.9% |
CAGR 2024-2032 - Market by Region | Rocky Mountain | 5.5% |
CAGR 2024-2032 - Market by Material Type | Polypropylene | 5.6% |
CAGR 2024-2032 - Market by Application | Food & Beverage | 5.8% |
Market Share by Region | New England | XX% |
The fast-paced American lifestyle has led to an increasing demand for ready-to-eat or packaged food products, which has also driven the demand for eco-friendly packaging solutions like lidding films. Moreover, the rising popularity of food delivery services and online grocery shopping has also fuelled the lidding films demand in United States as these films preserve freshness and ensures hygienic delivery. Reportedly, the USDA (Department of Agriculture) recently granted USD 5 million to expand the Supplemental Nutrition Assistance Program (SNAP) online grocery shopping platform. This is creating opportunities for lidding film makers.
Also, lidding films are eco-friendly, cost-efficient, and versatile, which have encouraged their use beyond food and beverage industries, such as in pharmaceutical and personal care industries. As consumers of US seek substitutes to traditional plastic products, the United States lidding film market revenue is expected to grow. Moreover, strict regulations and quality standards prevailing in the food sector have made tamper-evident packaging mandatory, thereby positively influencing lidding film demand.
By material type, polypropylene segment is anticipated to have the highest growth rate in the market with a CAGR of 5.6% from 2024 to 2032. Polyethylene follows closely with a CAGR of 5.4%, while polyethylene terephthalate is projected to grow at a rate of 4.9%. According to United States lidding film industry analysis, other materials will see a growth rate of 4.6%. This indicates a strong preference for polypropylene and polyethylene materials in the lidding film market due to their beneficial properties and applications.
CAGR 2024-2032 - Market by | Material Type |
Polypropylene | 5.6% |
Polyethylene | 5.4% |
Polyethylene Terephthalate | 4.9% |
Others | 4.6% |
The market segmentation by application shows that the food and beverage sector will dominate the market with the highest CAGR of 5.8% over the forecast period. The pharmaceuticals sector is expected to grow at a CAGR of 5.5%, highlighting the increasing use of lidding films in medical packaging, which is also a key trend in the United States lidding film market. The personal care sector is projected to see a growth rate of 5.0%, while other applications will have a CAGR of 4.8%. This growth across various applications underscores the versatility and increasing demand for lidding films in the United States.
CAGR 2024-2032 - Market by | Application |
Food & Beverage | 5.8% |
Pharmaceuticals | 5.5% |
Personal Care | 5.0% |
Others | 4.8% |
The Far West region is expected to lead with the highest compound annual growth rate (CAGR) of 5.9%, followed by the Rocky Mountain region at 5.5%. The Southwest and Southeast regions are also set to witness substantial growth with CAGRs of 5.3% and 5.0%, respectively. Other regions, including New England (4.7%), the Mideast (4.4%), the Plains (4.1%), and the Great Lakes (3.8%), will also contribute to the overall growth of the United States lidding film market, which has a global average CAGR of 5.1%.
CAGR 2024-2032 - Market by | Region |
Far West | 5.9% |
Rocky Mountain | 5.5% |
Southwest | 5.3% |
Southeast | 5.0% |
New England | 4.7% |
Mideast | 4.4% |
Plains | 4.1% |
Great Lakes | 3.8% |
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States lidding film market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States lidding film industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States lidding film market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States lidding film market landscape.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Material Type |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States Lidding Film Market Analysis
8.1 Key Industry Highlights
8.2 United States Lidding Film Historical Market (2018-2023)
8.3 United States Lidding Film Market Forecast (2024-2032)
9 United States Lidding Film Market by Material Type
9.1 Polyethylene
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Polypropylene
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Polyethylene Terephthalate
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 United States Lidding Film Market by Application
10.1 Food & Beverage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Pharmaceuticals
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Personal Care
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 United States Lidding Film Market by Region
11.1 New England
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mideast
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Great Lakes
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Plains
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Southeast
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Southwest
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Rocky Mountain
11.7.1 Historical Trend (2018-2023)
11.7.2 Forecast Trend (2024-2032)
11.8 Far West
11.8.1 Historical Trend (2018-2023)
11.8.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Amcor plc
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Sealed Air Corporation
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Berry Global Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Coveris Holdings S.A.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Key Trends and Developments in the Market
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.