Die Cut Lids Market Report

Die cut lids are deployed for packaging products such as curd, yoghurt, milk, and juices. They also find application in PET, ceramic cups, glass, PP, as well as bottles for the preservation of the product. Die cut lids are made from various materials including plastic, paper, as well as aluminium foils, thereby making the lids easy to dispose. The food and beverage industries make extensive usage of containers such as cups, jars, trays, and boxes for packaging, which call for die cut lids. This is opening new growth opportunities for the die cut lids market.

It has been observed that the manufacturers are producing die cut lids in varied shapes as well as sizes in order to fulfil the demand of the end users. The die cut lids market has been undergoing a wide range of product introductions. One of them is Cust’M’Boss, which is a die cut lid with specially designed embossing only at the rim, thus improving destacking. Adaptability, high process reliability, and excellent tear and puncture resistance are some of the key features of the lids. Moreover, their eye-catching and soft touch feel makes the product appealing.

Growing Demand for Die Cut Lids from the Food and Beverage Industries

Die cut lids are extensively used in the food and beverage packing, which is driving their demand among these industries. User friendly nature, lightweight, resistance to light and moisture, cost-effectiveness, adaptability, and easy peeling are also acting as key factors boosting the die cut lids market growth. Furthermore, product introductions are anticipated to have a positive impact on the global die cut lids market growth.

Players to Launch New Products in the Market

Key manufacturers operating in the global die cut lids market include Amcor, Clondalkin, Quantum Packaging, Constantia Flexibles, Watershed Packaging, Oracle Packaging, Amcor, Oliver, Platinum Package Group, HS Crocker, Winpak, American Packaging Corporation (APC), and Barger. Key players are taking up partnerships, mergers and acquisitions, and new product introductions in order to gain a greater market share and expand their business across the globe.

For instance, one of the key companies, Amcor has recently launched breathelid, which has a perforated lid that enables gas exchange from the inside to the outside of the pack and the other way round. The lid increases the shelf life of the product. No squeeze effect and cleaner visual appearance are some of the other benefits of this lid. It is well suited for the packaging of various food products such as milk products, ice cream, yoghurt, fresh cheese, and desserts.

Key Points to Remember

●  Surge in the demand from the food and beverage industries to act as a key driver in the global die cut lids market

●  Market players to launch new products to stay competitive in the market

●  Die cut lids is expected to gain popularity in the food and beverage industries

●  North America to maintain its supremacy in the global die cut lids market in the years to come

      By Product Type

●  Paper Die Cut Lids

●  Plastic (Pet) Die Cut Lid

●  Metals (Aluminium foil) Die Cut Lid

      By Application

●  Food

●  Beverage

●  Medical

●  Others (e.g. Personal care)

    The die cut lids market is segregated based on the product type as paper die cut lids, plastic (pet) die cut lid, and metals (aluminium foil) die cut lid. The report provides inclusive analysis of all the product types in the global market. According to the researchers, the food and beverage industries are expected to witness significant growth in the near future owing to growing need for packaging among these industries. The medical sector may emerge as a key application segment in the coming years as per the analysts.

By Region

Huge population and surge in the demand for packaging food and beverages among consumers in the US are playing a key role in supporting the die cut lids market growth in North America. Moreover, the sales of die cut lids have witnessed a steady growth in the US over the past few years, thereby driving the die cut lids market in North America. Asia Pacific will emerge as a promising region in the years to come, the reason being booming food and beverage industry, which is driving the demand for die cut lids.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.