FMI Dual-Ovenable Lidding Films Market Volume Analysis | Page 4

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 .
© 2015 Future Market Insights , All Rights Reserved 4