Demand for Processed Food during COVID-19 Outbreak to Positively Impact PET Lidding Films Suppliers Market Growth
Market Analysis The global PET lidding films market size is predicted to touch USD 995.4 million at a 6.7% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis. PET lidding films are films mostly used in a flexible packaging solution for covering cups, trays, bottles, jars, and many other containers due to its alluring properties such as stability, high tensile strength, and heat resistance. Resealable/reclosable films, breathing lidding films, high barrier lidding films, specialty lidding films, and dual-ovenable lidding films are the different PET lidding films that have wide applications in food and beverage, personal care and cosmetics, pharmaceutical, and others. Various factors are propelling the global PET lidding films market share. As per the current MRFR report, such factors include the burgeoning demand for convenience and processed food, booming food and beverage industry, increasing working population, growing demand for ...