Clear Insights: BOPP Films Market Growth Analysis

• Posted by Stephen Lobo December 5, 2023 - Filed in Business - #BOPP Films Market  #BOPP Films Market Size  #BOPP Films Market Share  #BOPP Films Market Analysis  #BOPP Films Market Trends  #BOPP Films Market Report  #BOPP Films Market Research  #BOPP Films Industry  #BOPP Films Industry Report  - 313 views

  BOPP Films Market Scope

  The BOPP (biaxially oriented polypropylene) films market refers to the market for films made from polypropylene that have been stretched in both the machine and transverse directions to improve their physical properties such as strength and clarity. These films are commonly used for packaging applications in various industries, including food and beverage, consumer goods, and medical products. The market for BOPP films is expected to grow due to increasing demand for flexible packaging solutions and advancements in technology that enable the production of high-quality, cost-effective films. According to the new market research report “BOPP Films Market by Type (Wraps, Bags Pouches, Tapes, Labels), Thickness (Below 15 Microns, 15-30 Microns, 30-45 Microns, More Tham 45 Microns), Production Process (Tenter, Tubular), Application, and Region – Global Forecast to 2025″, published by MarketsandMarkets™.

  The BOPP Films Market size is projected to grow from USD 24.2 billion in 2020 to USD 31.4 billion by 2025, at a CAGR of 5.3% from 2020 to 2025. The market is projected to grow in accordance with the growth of the packaging industry across the globe. BOPP film products are known for their properties, such as increased toughness, improved oil and grease resistance, enhanced clarity, increased stiffness, and enhanced barrier properties to water vapor and oxygen. These properties of BOPP film products increase their preference in a wide range of applications.

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  BOPP Films Market Drivers and Restraints 

  BOPP (biaxially oriented polypropylene) films are a type of plastic film that are used in a variety of applications, such as packaging, labeling, and lamination.

  Drivers for the BOPP films market include:

  • Increasing demand for packaged goods, particularly in developing countries
  • Growing use of BOPP films in flexible packaging for food and non-food items
  • Advancements in technology that have improved the properties and performance of BOPP films

  Restraints for the BOPP films market include:

  • Stringent government regulations on plastic waste and environmental concerns
  • Competition from other types of packaging materials, such as paper and aluminum
  • High energy costs associated with the production of BOPP films. 

  Browse in-depth TOC on “BOPP Films Market”

  194 – Market Data Tables

  46 – Figures

  191 – Pages

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  BOPP Films Market Key Players

  • C Cosmo Films (India)
  • Taghleef Industries (UAE)
  • CCL Industries (Canada)
  • Jindal Poly Films (India)
  • Inteplast Group (US)

  and Polibak (Turkey) are the key players operating in the BOPP films market. Expansions investments, and acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the BOPP films market.

  BOPP Films Market Segmentation

  Based on type:

  • Wraps
  • Bags Pouches
  • Tapes
  • Labels

  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.

  Based on the thickness

  • Below 15 microns
  • 15-30 microns
  • 30-45 microns
  • More than 45 microns

  In terms of value and volume, 15-30 microns is estimated to lead the BOPP films market in 2019.

  15-30 microns, by thickness, led the BOPP films market in 2019, in terms of value and volume. Their superior machinability make BOPP films suitable for horizontal form fill seal (HFFS) as well as vertical form fill seal (VFFS) packaging applications. They have high clarity and good strength in single web packaging applications. BOPP films of above 15 micron thickness are approved for direct food contact applications.

  Based on the prodcution process

  • Tenter
  • Tubular

  Based on the application

  • Food
  • Beverage
  • Tobacco
  • Personal Care
  • Pharmaceutical
  • Electrical Electronics
  • Others

  Food is estimated to be the largest segment in the BOPP films market in 2019.

  Food, by application, accounted for the most significant demand for bopp films in 2019, in terms of value and volume. The key driver for the BOPP films market in food packaging is the growing demand for compact and lightweight packaging in baby food and pet food. BOPP films are also available for single-time use. In the food industry, BOPP films wraps and pouches are widely used in the packaging of sauces, pet food, ready-to-eat/frozen meal, candies, chocolates, snacks, dried fruits nuts, and confectionery products.

  Based on the region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East Africa
  • South America

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  The APAC region is projected to account for the largest share in the BOPP films market during the forecast period.

  The APAC region is projected to lead the BOPP films market, in terms of both value and volume from 2020 to 2025. According to the World Bank, APAC was the fastest-growing region, in terms of both population and economy. Countries such as India and China are expected to post high growth in the BOPP films market due to the increasing developmental activities and rapid economic expansion.

  According to the World Bank, the two economic giants of the APAC region, China and Japan, are the world’s second- and third-largest economies in 2019. In addition to this, the growing population in these countries presents a huge customer base for FMCG products and food beverages, which in turn, is expected to lead to the growth of the BOPP films market. Changes in packaging styles, innovations in flexible packaging designs, and increase in demand for personal care products due to the rise in the young population are expected to drive the market for BOPP films in this region.

  Key Highlights of BOPP Films Market Report:

  • The report offers a comprehensive and broad perspective on the global BOPP Films
  • The market statistics represented in different BOPP Films segments offer a complete industry picture.
  • Market growth drivers and challenges affecting the development of BOPP Films are analysed in detail.
  • The report will help in the analysis of major competitive market scenarios, and market dynamics of BOPP Films.
  • Major stakeholders, key companies BOPP Films, investment feasibility, and new market entrants’ study are offered.
  • The development scope of BOPP Films in each market segment is covered in this report. The macro and micro-economic factors affecting the BOPP Films market.
  • Advancement is elaborated on in this report; The upstream and downstream components of BOPP Films and a comprehensive value chain are explained.