The BOPP (Biaxially Oriented Polypropylene) films market is expected to experience significant growth in the coming years due to increasing demand from various industries such as packaging, labeling, and printing.
The research report will include total global revenues in the market with historical analysis, key figures including total revenues, total sales, key products, instrumental drivers, and BOPP Films market challenges.
One of the major upcoming trends in the BOPP films market is the increasing demand for sustainable packaging solutions. Consumers are becoming more aware of environmental issues and are looking for eco-friendly alternatives. BOPP films can be recycled and are considered a sustainable packaging solution, which is expected to drive demand for these films.
Another trend in the BOPP films market is the growing demand for specialty films. Specialty BOPP films offer specific properties such as barrier properties, heat resistance, and optical properties, making them ideal for specific applications such as food packaging, pharmaceutical packaging, and laminating films.
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The demand for BOPP (Biaxially Oriented Polypropylene) films has been steadily increasing over the past few years due to their versatile properties and wide range of applications. BOPP films are used in various industries such as food and beverages, personal care, pharmaceuticals, and industrial packaging, among others. Furthermore, the growing demand for flexible packaging solutions is expected to drive the BOPP films market growth. Flexible packaging is lightweight, easy to handle, and has a longer shelf life than traditional packaging, making it an ideal choice for a wide range of products.
BOPP Films Market Key Players
The BOPP films market has been dominated by large players, such as Cosmo Films (India), Taghleef Industries (UAE), CCL Industries (Canada), Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey). These players have adopted various growth strategies, such as acquisitions, investments, and expansions, to increase their market shares and enhance their product portfolios.
Jindal Poly Films has continuously expanded its global presence over the years through strategic acquisitions and expansions. The group is involved in diverse businesses, including polyester & polypropylene films, steel pipes, thermal power generation, and photographic products.
Taghleef Industries (Ti) is one of the largest global manufacturers of biaxially oriented polypropylene films (BOPP), cast polypropylene films (CPP), biaxially oriented polylactic acid, and biodegradable films (BOPLA).
In terms of value & volume, Bags & Pouches is estimated to dominate the BOPP films market in 2019.
Bags & Pouches, by type, accounted for the largest market share in the BOPP films market. BOPP film is made up of poly film that offer premium durability to the product packaging. This poly film is laminated into polyethylene fabric and converted into bags and pouches. BOPP bags & pouches primarily find applications in the packaging of cereal & pulses, pet food, grass seed, animal nutrition, fertilizers, beverages, dairy products, and cosmetics.
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“Food is estimated to be the largest segment in the BOPP films market”
Biaxially Oriented Polypropylene (BOPP) films are used in various industries, including food packaging, labeling, printing, and lamination. The demand for BOPP films in the food industry is driven by their excellent properties such as moisture resistance, high tensile strength, and optical clarity.
Food packaging is one of the major end-use industries for BOPP films, and it is likely that food is the largest segment in the BOPP films market. This is due to the fact that BOPP films are widely used for packaging of various food products such as snacks, confectionery, bakery, and fresh produce. Moreover, the increasing demand for convenience food and ready-to-eat meals is expected to drive the growth of the BOPP films market in the food industry.
“The APAC region is projected to account for the largest share in the BOPP films market”
The Asia-Pacific (APAC) region is one of the largest markets for Biaxially Oriented Polypropylene (BOPP) films, and it is expected to continue to grow in the coming years. The growth of the BOPP films market in the APAC region is driven by factors such as increasing population, rising disposable income, and the growing demand for packaged food and consumer goods.
The APAC region is home to some of the world’s fastest-growing economies, including China and India, which are major consumers of BOPP films. The increasing adoption of BOPP films in various end-use industries such as packaging, labeling, and printing is expected to drive the growth of the BOPP films market in the region.
