Rise in market prospects for barrier packaging technology especially in food and beverages industries is a key factor propelling the expansion of the anti-fog lidding films market. The use of spill- proof packaging materials has risen sharply in developing economies over the past few years. A great deal of this due to the strides being made by food service industries.
Anti-fog lidding films are a combination of UV stability, heat resistance, and tensile strength. The surge in sales of frozen foods across all parts of emerging economies has spurred the utilization of anti-fog lidding films. Rise in demand for poultry and seafood, dairy products, ready-to-eat, meat, bakery and confectionary, and frozen foods has led to proliferating demand for anti-fog lidding films.
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Consumer-Friendly Packaging Key Consumer Proposition for Market Players
The drive for consumer-friendly packaging is a key trend boosting the prospects. Urban food bazars are showing an increasing preference of consumer-friendly packaging. The rise in consumptions of fresh food and dairy products is a key trend spurring sales in the anti-fog lidding films market. Consumers are increasingly becoming aware of the choices of packaging that meet the high standards of hygiene and are willing to pay for that. Rise in sales of diary items through online grocery delivery service is a key trend boosting the use of anti-fog lidding films.
Over the years, packaging manufacturer and other industry stakeholders in the ecosystem have become increasingly considerate toward consumer-centric approaches in packaging. This alone is one of the circumscribing factor propelling the expansion of the market. The entry to barrier and buyers’ bargaining power are key aspects shaping the competition in the market.
Some of the prominent companies operating in the anti-fog lidding films market are Hypac Packaging Pte Ltd., American Packaging Corporation, Mondi Group Plc, Flair Flexible Packaging Corporation, Bemis Company Inc., Flexopack SA., Uflex Ltd., and Sealed Air Corp.
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