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Thursday, October 31, 2024

Lucintel Forecasts the Global BOPP Film Market to Reach $41 Billion by 2030

According to the recent study the global BOPP Film Market is projected to reach an estimated $41 billion by 2030 from $29 billion in 2023 at a CAGR of 5.1% from 2023 to 2030. Growth in this market is primarily driven by growth in food packaging and increasing need for UV light barrier films.

Browse 135 figures/charts and 114 tables in this 190-page report to understand trends, opportunities and forecast in global BOPP film market by film type (transparent films, metalized films, and white/opaque), thickness (below 15 micron, 15 to 30 micron, 30 to 45 micron, and above 45 micron), application (food packaging, non-food packaging, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample by clicking on BOPP Film Market.

Lucintel forecasts that transparent BOPP films will remain the largest segment over the forecast period, and it is also expected to witness the highest growth due to increasing demand for transparent films in the food industry to provide high level of aesthetic appeal in product packaging.

Food packaging will remain the largest application over the forecast period due to growing demand for various packaged food products, such as confectionary, biscuits/bakery, snacks, and pasta. Non-food packaging is expected to witness the highest growth due to increasing demand for tobacco products.

Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to increasing demand for food packaging, changing consumer lifestyle, and development of mass retailing.

Jindal Poly Films, Cosmo Films Ltd., SIBUR, Uflex Limited, Treofan Group, Innovia Films, Inteplast Group, KOPAFILMS Elektrofolien GmbH, Zhejiang Kinlead Innovative Materials are the major suppliers in the BOPP film market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972 636 5056

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