Global Bopp Films For Packaging Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 15.20 Billion |
Market Size (Forecast Year) |
USD 22.80 Billion |
CAGR |
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Major Markets Players |
Global Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market, By Material Type (Silica-based, Aluminum-based, Polymer-based, Others), Production Process (Tenter, Tubular), Application (Wraps, Bags, Labels, Others), End-User Industry (Fast Moving Consumer Goods (FMCG), Medical and Pharmaceutical, Industrial) – Industry Trends and Forecast to 2030.
Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market Analysis and Size
Biaxially oriented polypropylene (BOPP) films for packaging market refers to the global industry focused on manufacturing and distributing films made from polypropylene that have been stretched in both the machine and transverse directions. These films are widely used in various packaging applications due to their excellent properties such as transparency, moisture resistance, and printability.
Data Bridge Market Research analyses that the global biaxially oriented polypropylene (BOPP) films for packaging market which was USD 15.2 Billion in 2022, would rocket up to USD 22.8 Billion by 2030, and is expected to undergo a CAGR of 5.3% during the forecast period of 2023 to 2030. “Silica-based” dominates the type segment of the global biaxially oriented polypropylene (BOPP) films for packaging market due to its superior moisture absorption and stability. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Thousand, Pricing in USD |
Segments Covered |
Material Type (Silica-based, Aluminum-based, Polymer-based, Others), Production Process (Tenter, Tubular), Application (Wraps, Bags, Labels, Others), End-User Industry (Fast Moving Consumer Goods (FMCG), Medical and Pharmaceutical, Industrial) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific , Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America. |
Market Players Covered |
Jindal Poly Films Ltd. (India), Treofan Group (Germany), Taghleef Industries Group (U.A.E.), Uflex Ltd. (India), Cosmo Films Ltd. (India), Polibak Plastik Film Sanayi Ve Ticaret A.S. (Turkey), Innovia Films Ltd. (U.K.), Kopafilm Elektrofolien GmbH (Germany), SRF Limited (India), Oben Holding Group (Peru), Rowad Global Packaging Co. Ltd. (Saudi Arabia), Zubairi Plastic Bags Industry LLC (U.A.E.), Chiripal Poly Films Ltd. (India) ,Manucor S.p.A. (Italy) |
Market Opportunities |
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Market Definition
The global biaxially oriented polypropylene (BOPP) films for packaging market refers to the industry involving the manufacturing, distribution, and utilization of BOPP films specifically designed for packaging purposes. These films are renowned for their exceptional clarity, strength, and barrier properties, rendering them indispensable for diverse packaging applications across various sectors.
Global Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market Dynamics
Drivers
- Growing Demand for Sustainable Packaging
As consumers and regulatory bodies increasingly emphasize sustainable packaging materials, BOPP films, being recyclable and eco-friendly, are poised to benefit from this trend. Manufacturers can capitalize on this opportunity by developing innovative, sustainable BOPP film solutions to meet market demands
- Expanding Food and Beverage Industry
The global food and beverage industry's continual growth fuels the demand for flexible and durable packaging materials. BOPP films offer excellent barrier properties, making them suitable for various food packaging applications. Manufacturers can explore partnerships with food and beverage companies to cater to this expanding market
Opportunities
- Innovation in Film Technology
Continuous research and development initiatives are opening up avenues for enhanced film attributes, particularly in terms of elevated barrier capabilities and increased recyclability. These innovations are pivotal in meeting the rising demand for sustainable and high-performance packaging solutions, driving the evolution of biaxially oriented polypropylene (BOPP) films in the packaging industry.
- Expansion of the Packaging Industry
Biaxially oriented polypropylene (BOPP) film manufacturers stand to benefit from the burgeoning packaging sector in emerging markets. As these markets experience rapid growth, the demand for advanced packaging materials such as BOPP films is on the rise. This expansion offers a promising opportunity for manufacturers to tap into these regions, cater to evolving consumer needs, and contribute to the dynamic landscape of the global packaging industry
Restraints/Challenges
- Competition from Alternative Materials
Biaxially oriented polypropylene (BOPP) films encounter competition from alternative packaging materials, including flexible packaging and biodegradable films. As sustainability and versatility become more significant factors in packaging choices, BOPP films need to adapt and innovate to maintain their market share in the face of these evolving preferences
- Environmental Regulations
Biaxially oriented polypropylene (BOPP) film manufacturers might encounter challenges due to increasingly stringent environmental regulations related to plastics and packaging materials. Compliance with these regulations will require investment in eco-friendly production processes and materials, impacting the industry's operations and strategies
Recent Developments
- In August 2023, Toppan, Mitsui Chemicals Tohcello, and Mitsui Chemicals are starting pilot tests to horizontally recycle printed BOPP film into new flexible packaging. This collaborative effort seeks to establish recycling technologies and infrastructure
- In March 2023, Innovia Films, a leading producer of specialty BOPP and CPP films, is expanding its Leipzig, Germany unit with an 8.8-meter-wide co-extrusion line to meet sustainability-driven demand for thin gauge label films. This unique technology, boasting 36,000 tons of annual capacity, prioritizes energy efficiency and begins production in H2 2024
Global Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market Scope
The global biaxially oriented polypropylene (BOPP) films for packaging market is segmented on the basis of material type, production process, application and end-user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
- Silica-Based
- Aluminum-Based
- Polymer-based (ethyl vinyl alcohol (EVOH)}
- Others
Production Process
- Tenter
- Tubular
Application
- Wraps
- Bags
- Labels
- Others
End-user Industry
- Fast moving consumer goods (FMCG)
- Medical and pharmaceutical
- Industrial
Global Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market Regional Analysis/Insights
The global biaxially oriented polypropylene (BOPP) films for packaging market is analysed and market size insights and trends are provided by country, material type, production process, application and end user industry referenced above.
The countries covered in the global biaxially oriented polypropylene (BOPP) films for packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific , Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
Asia Pacific dominates the global biaxially oriented polypropylene (BOPP) films for packaging market due to its robust packaging industries, growing consumer demands, industrialization, and strong manufacturing capabilities, with China and India playing pivotal roles in production and consumption.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Biaxially Oriented Polypropylene (BOPP) Films for Packaging Industry Growth and New Technology Penetration
The global biaxially oriented polypropylene (BOPP) films for packaging market also provides you with detailed market analysis for every country growth in global biaxially oriented polypropylene (BOPP) films for packaging industry, installed new production plant, impact of technology using life line curves and changes in biaxially oriented polypropylene (BOPP) films for packaging industry regulatory scenarios and their impact on the global biaxially oriented polypropylene (BOPP) films for packaging market. The data is available for historic period 2015 to 2020.
Competitive Landscape and Global Biaxially Oriented Polypropylene (BOPP) Films for Packaging Market Share Analysis
The global biaxially oriented polypropylene (BOPP) films for packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global biaxially oriented polypropylene (BOPP) films for packaging market.
Some of the major players operating in the global biaxially oriented polypropylene (BOPP) films for packaging market are:
- Jindal Poly Films Ltd. (India)
- Treofan Group (Germany)
- Taghleef Industries Group (U.A.E.)
- Uflex Ltd. (India)
- Cosmo Films Ltd. (India)
- Polibak Plastik Film Sanayi Ve Ticaret A.S. (Turkey)
- Innovia Films Ltd. (U.K.)
- Kopafilm Elektrofolien GmbH (Germany)
- SRF Limited (India)
- Oben Holding Group (Peru)
- Rowad Global Packaging Co. Ltd. (Saudi Arabia)
- Zubairi Plastic Bags Industry LLC (U.A.E.)
- Chiripal Poly Films Ltd. (India)
- Manucor S.p.A. (Italy)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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