Global Die-cut Lids Market: Snapshot
The die-cut lids market is displaying impressive growth over the past couple of years due to increased consumption of packaged food and beverages across the globe. Die-cut flexible lids are generally pre-cut lids to the size of the container such as cups, trays, jars, etc. and are primarily used for packaging food products, beverages, and healthcare products. Die-cut lids offer advantages of easy peeling, provide barrier towards light, oxygen, and moisture, and maintain aroma of food products which are expected to create significant growth opportunities for players in this market. Apart from this, cost-effectiveness, temperature sustainability, and light in weight features of die-cut lids is expected to have a positive impact on their adoption for packaging needs.
Also, brand owners are increasingly using die-cut lids as a marketing platform and capitalizing on the opportunity of using printed die-cut lids.
Brand Promotion Objectives Bode Well for Printed Die-cut Lids Segment
The global market for die-cut lids is segmented into paper, plastic, aluminum foil, and others in terms of material type. On the basis of form type, reel form lids and pre-cut form lids are the segments into which the die-cut lids market is segmented. Of the two, pre-cut form lids is estimated to display the leading CAGR of 5.9% between 2016 and 2025.
By sealing type, the market is segmented into heat seal and sealant coating. The segment of heat seal is anticipated to expand at a CAGR of 6.1% between 2017 and 2025 and is expected to account for 80% of the market by the end of 2017. On the other hand, the segment of sealant coating is expected to display a diminished market share between 2017 and 2025.
The print type segments into which the die-cut lids market is segmented are printed die cut lids and un-printed die cut lids. Of the two, printed die cut lids is estimated to garner 88.4% share of the overall market by 2017. This is because printed die cut lids are increasingly being used for brand promotion in order to increase the sales of packaged foods and are thus gaining traction over the past couple of years.
Embossed lids and unembossed lids are the segments by which the die-cut lids market is divided on the basis of embossing type in this report. The segment of embossed lids is anticipated to lead the global die cut lids market displaying the leading growth rate over the forecast period. By revenue, the segment of embossed lids is anticipated to expand at a growth rate of 6.1% between 2017 and 2025.
In terms of end-use, the die-cut lids market is divided into food products, beverages, healthcare, and others in this report. Among these, the segment of food products is anticipated to lead the global die-cut lids market displaying the leading growth rate over the forecast period between 2017 and 2025.The segment is estimated to account for 80.4% of the overall market by the end of 2017.
The segment of beverages follows food products and is estimated to hold the second-leading share of 14.5% in the market by the end of 2017.
Asia Pacific to Display Leading Growth Rate by 2025
The report studies the global die-cut lids market with respect to the regional markets of North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Asia Pacific, among these is anticipated to be the most attractive regional market rising at a CAGR of 7.0% between 2017 and 2025.
Key players in the die-cut lids market profiled in this report include Amcor Limited, Winpak Ltd., CLONDALKIN GROUP, Watershed Packaging Ltd., Uflex Ltd., Barger Packaging Inc., Bemis Inc., Sealed Air Corporation, Constantia Packaging, Berry Plastics Group Inc., and Tadbik Ltd. among others.
Global Die-cut Lids Market: Overview
This report provides forecast and analysis of the Global Die-cut lids market. It provides historical data of 2015-16 along with forecast from 2017 to 2025 in terms of revenue (US$ Mn) and volume (Mn Units). The report also includes macroeconomic indicators along with an outlook on consumption pattern in North America, Latin America, Europe, Asia Pacific (APAC) and the Middle-East and Africa (MEA). It includes drivers and restraints of the Die-cut lids market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for Die-cut lids manufacturers. It also includes detailed pricing analysis by material type, and value chain analysis.
In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with unique selling propositions. The dashboard provides detailed comparison of Die-cut lids manufacturers on parameters such as, unique selling propositions, collective market share, and geographic concentration. The study encompasses market attractiveness analysis by material type, applications, form type, sealing type, print type, embossing type, end-use industry and countries.
Global Die-cut Lids Market: Scope of Study
The report includes consumption of Die-cut lids and the revenue generated from sales of Die-cut lids in regions of North America, Latin America, Europe, Asia Pacific (APAC) and the Middle-East and Africa (MEA). By material type the market has been segmented into Paper, Aluminum foil, Plastic and others, where Plastic material is further classified into sub-segments such as Polyethylene Terephthalate (PET) Polyethylene (PE) and Polypropylene (PP). On the basis of applications, the market has been segmented into Cups, trays, bottles, jars and other containers (pots, etc.). The global Die-cut lids market can be segmented on the basis of form type such as Reel form and Pre-cut form. The global Die-cut lids market can be segmented on the basis of sealing type such as Heat seal and Sealant Coating. Based on Print type, the global Die-cut lids market can be segmented as Printed lids and unprinted lids. . Based on Embossing type, the global Die-cut lids market can be segmented as Embossed and Unembossed lids. The global Die-cut lids market can be segmented on the basis of end-use industry such as food products, beverages, Healthcare and others applications (Chemicals, etc.) where food products are further classified into sub-segments like Dairy & dairy products, Sauces dips and dressings, Meat poultry & Seafood, Ready-to-eat meals, Coffee and others food applications. Also Beverages are been sub-segmented into Juices, Flavored drinks, Water and Others Beverages (Energy drinks, etc.).
Market numbers have been estimated based on average pricing of Die-cut lids by material type and the revenue is derived through country pricing trends. Market size and forecast for each segment have been provided in the context of each regional markets. The Die-cut lids market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average country prices obtained through primary quotes from numerous regional Die-cut lids manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of Die-cut lids in different regions. Top-down approach has been used to estimate the Die-cut lids market by country. Market numbers by material type, applications and end-use industry segment have been derived using the bottom-up approach, which is cumulative of each country’s demand. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, World Bank, Packaging Digest, and Hoover’s, and company annual reports and publications.
Global Die-cut Lids Market: Competitive Outlook
The report provides detailed competitive and company profiles of key participants operating globally in Die-cut lids market. Key players in the Die-cut lids market include Amcor Limited., Bemis, Inc., Winpak Ltd., Sealed Air Corporation, CLONDALKIN GROUP, Constantia Packaging, Watershed packaging Ltd., Berry Plastics Group, Inc., Uflex Ltd., Tadbik Ltd., Barger Packaging, Inc., and others.
The market has been segmented as below:
Die-cut lids market – By Material Type
Die-cut lids market – By Applications
- Other Containers
Die-cut lids market – By Form Type
- Reel form
- Pre-cut form
Die-cut lids market – By Sealing Type
- Heat seal
- Sealant Coating
Die-cut lids market – By Print Type
- Printed lids
- Unprinted lids
Die-cut lids market – By Embossing Type
- Embossed lids
- Unembossed lids
Die-cut lids market – By End-use Industry
- Dairy & Dairy Products
- Ice Cream
- Cheese & Sour cream
- Margarine & Butter
- Sauces, Dips and Dressings
- Meat, Poultry & Seafood
- Ready to Eat Meals
- Others Food applications (dry fruits, snacks etc.)
- Dairy & Dairy Products
- Flavored drinks
- Others Beverages
- Health Care Applications
- Other Applications