BOPP Films Market to Hit US$ 27.0 Billion, Globally, by 2028 at 5.7% CAGR
IMARC Group has recently released a new research study titled “BOPP Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, The global BOPP films market size reached US$ 20.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Biaxially oriented polypropylene (BOPP) films are thermoplastic polymers widely used in producing product labels, laminations, and packaging. They are manufactured by stretching and flexing polypropylene film in the machine direction (MD) and across the machine direction (AMD). They offer several advantages, including superior resistance to moisture and oil, high durability, and optical clarity. They can also resist flex cracking, low-temperature impact, and aesthetic shelf appeal. They have a monolayer or homogenous structure and sealing capabilities. As a result, BOPP films find extensive applications in packaging food products, personal care products, pharmaceuticals, and the electrical and electronics industry across the globe.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/bopp-films-market/requestsample
BOPP Films Market Trends and Drivers:
The global BOPP films market is primarily driven by increasing demand for efficient pharmaceutical packaging solutions. Moreover, the rising use of flexible packaging for ready-to-eat food products, dairy, and other beverages, such as coffee brews, carbonated sodas, caffeinated drinks, and mixed beverages, is positively influencing the market growth. Additionally, the surging use of BOPP films as co-extruded heat sealable and reverse printable film for packaging medicines and drugs to keep the nutrition, color, and flavor of the contents intact while ensuring prompt and secured transportation of products in bulk quantities has catalyzed the market growth. Furthermore, the development of single-unit and chlorine-free product variants is contributing to the market growth. Other factors, including ongoing research and development (R&D) activities, increasing consumer preference for convenient packaging, and rapid expansion in the food and beverage (F&B) industry, are also anticipated to propel the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Wraps
- Bags and Pouches
- Tapes
- Labels
- Others
Breakup by Thickness:
- Below 15 microns
- 15-30 microns
- 30-45 microns
- More than 45 microns
Breakup by Production Process:
- Tenter
- Tubular
Breakup by Application:
- Food
- Beverage
- Tobacco
- Personal Care
- Pharmaceutical
- Electrical and Electronics
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2704&flag=C
Competitive Landscape with Key Player:
- Altopro S.A. de C.V.
- Amcor Plc
- Ampacet Corporation
- Chiripal Poly Films Limited
- Clondalkin Flexible Packaging
- Cosmo Films Limited
- Futamura Chemical Co. Ltd.
- Innovia Films Limited (CCL Industries)
- Jindal Poly Films Limited
- Mondi Plc
- Polyplex Corporation Ltd.
- Printpack Holdings Inc.
- Toray Industries Inc.
- Uflex Ltd.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Trending Reports By IMARC Group
Automotive Wiring Harness Market
Business Process Management Market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
