The primary purpose of packaging is to protect the product and has also become a medium for attracting customers. Die-cut lids are packaging solutions that are attractive and are embossed for products such as milk, curd, yogurt, juices, etc. as they are packed in cups and thus, require a lid. These lids can be applied on PP, PET, glass, ceramic cups, and bottles in order to preserve the product. The die-cut lids are made up of materials such as aluminum, paper, and plastic.
MARKET DYNAMICS
The user-friendly attribute of the die-cut lids is increasing its demand in the food and beverage industry. Die-cut lids are designed and produced in such a manner that they can be easily pulled off as well as can provide protection to the food material. These features make the lids easier to handle as well as desired by the consumers which are driving the growth of the die-cut lids market. The die-cut lids are applicable on various packages which are made up of polypropylene, polyethylene terephthalate, glass, ceramic, among others which are going to drive the die-cut lids market.
MARKET SCOPE
The "Global Die-cut Lids Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the die-cut lids market with detailed market segmentation by product type, material, application, and geography. The global die-cut lids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading die-cut lids market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Die-cut Lids Market is segmented based on product type, material, and application. Based on product type, the market is segmented into embossed, unembossed, printed, and non-printed. Based on material, the market is segmented into PET, aluminum, and paper. Based in application, the market is segmented into food and beverage, pharmaceutical, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global die-cut lids market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The die-cut lids market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the die-cut lids market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the die-cut lids market in these regions.
MARKET PLAYERS
The report covers key developments in the die-cut lids market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from die-cut lids market are anticipated to witness lucrative growth opportunities in the future with the rising demand for die-cut lids in the global market. Below mentioned is the list of few companies engaged in the die-cut lids market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the die-cut lids market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amcor PLC
- CLONDALKIN GROUP
- Constantia Flexibles
- DERSCHLAG GmbH & Co. KG
- ETIMARK AG
- FORMIKA
- Quantum Packaging
- SWAN
- Watershed Packaging Ltd
- WINPAK LTD