Dual-Ovenable Lidding Films Market
Dual-Ovenable Lidding Films Market Revenue, Opportunity, Segment and Key Trends 2017-2027 Introduction:
The Packaging market has grown over the years and is expected to grow in the future as well. The various trends that are shaping the packaging industry include environment and sustainability concerns, health concerns, increasing purchasing power and the changing lifestyle of people. These trends have led to an increase in demand for flexible packaging and ultimately dual-ovenable lidding films market. Dual- Ovenable lidding films is a product which fulfills such requirements. These types of films, which are heat resistant, are used for packing frozen food items or products that require heating in a microwave or an oven. In addition, the dual ovenable lidding films provide an oxygen barrier, have a low seal initiation temperature, seal integrity and maintain eco-friendly and solvent-free formulation which results in fresh food flavor experience. Other advantages associated with dual ovenable lidding films are that they are easy to peel, minimize cleanup, reduce cooking time, avoid overcooking, burning or drying of food products, enable self-venting while the food is cooking and can go directly from freezers to oven.
Dual-Ovenable Lidding Films Market Dynamics:
The modern-day consumer has an on-the-go lifestyle and thus, looks for convenience. They prefer packaged food or ready-to-eat food to traditional home-cooked meals. The global food retail industry is expected to grow at a CAGR of 5 % from 2016 to 2020. These factors have unfolded some new opportunities for the packaging companies and are fuelling growth in dual-ovenable lidding films market.
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