According to the recent study the BOPP Film Market is projected to reach an estimated $39 billion by 2028 from $29 billion in 2023, at a CAGR of 4.7% from 2023 to 2028. 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 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).
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BOPP Film Market.
“Transparent films market is expected to remain the largest
segment during the forecast period.”
Based on film type, the
BOPP film market is segmented into transparent films, metalized films, and
white/opaque. Lucintel forecasts that the transparent films market is expected
to remain the largest segment due to increasing demand for transparent films in
the food industry to provide high level of aesthetic appeal in product
packaging.
“Within the BOPP film market, the food packaging segment is
expected to remain the largest application.”
Based on application the
food packaging segment is expected to witness the highest growth over the
forecast period due to growing demand for various packaged food products, such
as confectionary, biscuits/bakery, snacks, and pasta.
“Asia pacific will dominate the BOPP film market in near future.”
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.
Major players of BOPP
film market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Jindal Poly Films,
Cosmo Films Ltd., SIBUR, Uflex Limited, Treofan Group, Innovia Films, Inteplast
Group, KOPAFILMS Elektrofolien GmbH, Zhejiang Kinlead Innovative Materials are
among the major BOPP film providers.
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
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unmet needs analysis. We are based in
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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. 972.636.5056
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