The global packaging industry is moving towards a new trend and players are replacing cellophane, waxing paper, and aluminum foils with BOPP films. This trend is expected to gain traction in the coming years owing to the fact that BOPP films are more flexible and also facilitate faster packaging with advanced sealing properties as compared to other packaging materials. This has impelled manufacturers to come up with new techniques pertaining to the production of BOPP films in order to cater to the demand of various industries.
Scope of the Report:This report studies the BOPP Films for Packaging market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the BOPP Films for Packaging market by product type and applications/end industries.
BOPP films have even lower density than Polypropylene. The low density leads to higher yield than films of other plastics. This permits BOPP films to be more cost effective than substitutes. Additionally, the rising demand for an enhanced shelf life of food products has resulted in a greater demand for high moisture barriers in packaging films. This is further projected to boost sales of BOPP films for packaging in the coming years.
Regions such asÊWestern EuropeÊandÊNorth AmericaÊembody the mature markets for BOPP packaging films. Nevertheless, the global market has been perceiving outstanding growth in emerging economies such asÊChinaÊandÊIndiaÊfueled by the expansion of the flexible packaging industry in these countries. Moreover, other Asian countries such asÊVietnamÊandÊMyanmarÊhave been experiencing strong growth in their flexible packaging industries. This is likely to facilitate the growth of the Asia Pacific BOPP films for packaging market over the course of the forecast period. The rising preference for flexible packaging solutions can be attributed to the growing desire for convenience packaging among several industries.
The global BOPP Films for Packaging market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of BOPP Films for Packaging.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Toray Plastics
Profol
Uflex
Cosmo Films
Ampacet Corporation
Manucor
Dunmore Corporation
INNOVIA
Jindal Films Americas
Vibac
Treofan
SIBUR
Impex Global
FlexFilm
Gettel Group
FuRong
Kinlead Packaging
FSPG
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Wraps
Bags and Pouches
Tapes
Labels
Printing and Lamination
Market Segment by Applications, can be divided into Food and Beverage
Personal Care & Cosmetics
Pharmaceuticals
Tobacco Packaging
Electrical & Electronics
Industrial
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
