Press release
North America BOPP Films Market 2021 Comprehensive Insights - Toray Plastics (America), Inc, Oben Holding Group, Taghleef Industries, Dunmore Corporation
The North America BOPP Films Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.North America BOPP Films Market is expected to grow at a CAGR of 5.6% during the forecast period 2020 to 2025.
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Top Leading Companies of North America BOPP Films Market are Toray Plastics (America), Inc, Oben Holding Group, Taghleef Industries, Dunmore Corporation, Inteplast Group, Cheever Specialty Paper & Film, Cosmo Films, Inc., CopolÊInternational Ltd., Innovia Films and others.
Industry News and Updates
June 2020: Cosmo Films Ltd, reported a consolidated profit of INR 113 Crore during the financial year 2019-2020, with an increase of 85% compared to INR 61 Crore in the fiscal year 2019. Further, the company expects a more robust demand post COVID period with an increasing shift in consumers towards packaged products regarding hygiene concerns.
Key Market Trends
Pharmaceuticals & Medical_ Industry to register significant adoption
- The pharmaceutical packaging industry in the region has been undergoing significant changes over the last decade. The ends-user continually keeps updated with newer innovative technologies that are cost-effective. With the rise of flexible packaging in the pharmaceutical industry, the vendors are starting to deploy the power of distinctive packaging design that allows them to stand out from the rest of their competition. For instance, In March 2020, Innovia films announced the launch of Rayoface mBoss. This BOPP film is specifically designed to offer long-lasting embossing performance.
- The industry further demands reliable and speedy packaging solutions that deliver both production protection, tamper evidence, security needs, and quality. For instance, In 2019, U.S. Food and Drug Administration (FDA) reported that it receives over 100,000 U.S reports each year that cause a life-threatening situation in the patients owing to the medical error such as the wrong dosage of medicine.
Regional Outlook of North America BOPP Films Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The North America BOPP Films Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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