The global pearlized film market has witnessed significant growth during the forecast period. This is mainly due to the unique properties of pearlized film. Flexible packaging companies are eager to use pearlized film due to its excellent performance and good decoration. BOPP Pearl film/PE and BOPP pearl film/CPP of composite structures are widely used in various packaging such as sweet food, biscuits, ice cream, local flavor snack and cold drink heat seal mark packaging due to their pearl effect. As a result, the demand for the pearlized film increases and enhances the market growth.
According to Data Bridge Market Research the Pearlized Film Market is expected to grow with a CAGR of 4.80% in the forecast period of 2022 to 2029.
“Growing Demand for Biaxially Oriented Polypropylene (BOPP) Pearlized Film Based Packaging”
Biaxially oriented polypropylene (BOPP) pearlized film based packaging are the most preferred type of packaging which is used in printing applications and food industries due to their excellent properties such as low moisture resistance, high stiffness and high-temperature resistance. Also, pearlized biaxially oriented polypropylene (BOPP) film provides better visual appeal when printed with translucent inks. As a result, the food packaging industry is the largest user of pearlized films because these films are used for ice cream packaging, printing labels for cold beverages and many more. Pearlized BOPP film based packaging has various advantages as compared to other films, as a result it can be used as a monolayer for packaging or as a multilayer for overprinting. Therefore, the rapid growth in demand for flexible packaging solutions is anticipated to drive the demand for pearlized film during the forecast period.
What restraints the growth of Pearlized Film Market?
“Fluctuating prices of raw materials”
Volatility in the prices of raw materials such as high cost of polypropylene resin, biaxially oriented polypropylene (BOPP) is one of the major factor which is expected to hamper the growth of the pearlized film market. Furthermore, the uneven availability of the raw materials is demeaning the growth of the market which is also the major restraint for the growth of the market.
Segmentation: Pearlized Film Market
The pearlized film market is segmented on the basis of type and application.
- On the basis of type, the pearlized film market is segmented into 10-30 micron, 30-50 micron, 50-80 micron.
- Based on application, the pearlized film market is segmented food packaging, medical and pharmaceutical packaging, consumer products packaging, industrial, others.
Regional Insights: Asia-Pacific is expected to dominate the Pearlized Film Market
Asia-Pacific is expected to dominate the market and is expected to grow significantly owing to the increasing consumption of pearlized film in various countries such as India, Thailand, China and South Korea. Furthermore, growing consumption of packaged food products will further increase the growth of the market in this region.
- In addition, the North America region is likely to register highest growth rate during the forecast period of 2022 to 2029 because of strong presence of large number of major market players in this region. Moreover, increasing awareness regarding new food products, rising investment in research and development activities over-processed food packaging are some of the major factors which drive the market in growth in this region.
Recent Development in Pearlized Film Market
- In 2019, Brückner Maschinenbau, the world's leading manufacturer of film stretching lines, has manufactured films with the help of the highest possible recycling capabilities. The main focus is on the mono-material films with superior optical and mechanical properties that can replace previous multi-layer films.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-pearlized-film-market
The Prominent Key Players Operating in the Pearlized Film Market Include:
- Jindal Poly Films (U.S.)
- Klöckner Pentaplast (Germany)
- Coveris (U.K.)
- SATO Holdings Corporation (Japan)
- Cosmo Films Ltd. (India)
- TAGHLEEF INDUSTRIES GROUP (U.A.E)
- CCL Industries (Canada)
- Jindal Poly Films (India)
- SIBUR (Russia)
- Zhejiang Kinlead Innovative Materials (China)
- Inteplast Group (U.S.)
- Poligal S.A. (Spain)
- UFlex Limited (India)
- POLINAS (Turkey)
- Polibak (Turkey)
- TORAY INDUSTRIES, INC. (Japan)
- Ampacet Corporation (U.S.)
- Polyplex (India)
- MANUCOR SPA (Italy)
- SRF LIMITED (India)
- Mitsui Chemicals, Inc. (Japan)
- LC Packaging (Netherland)
- CHIRIPAL POLY FILM (India)
- Futamura Group (U.K.)
Above are the key players covered in the report, to know about more and exhaustive list Pearlized Film Market companies contact, https://www.databridgemarketresearch.com/reports/global-pearlized-film-market
Research Methodology: Global Pearlized Film Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
