Polypropylene Packaging Films Market 2021 Value with Status and Global Analysis - Amcor PLC, AEP Industries Inc., Novolex Holding LLC, RKW Group, Dupont Teijin Films

The Polypropylene Packaging 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.

The polypropylene packaging films market is expected to register a CAGR of 5.8% during the forecast period.

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Top Leading Companies of Polypropylene Packaging Films Market are Amcor PLC, AEP Industries Inc., Novolex Holding LLC, RKW Group, Dupont Teijin Films, Jindal Poly Films Ltd, CCL Industries ( Innovia Films), ProAmpac LLC, Cosmo Films Ltd, SRF Limited, UFlex Limited, Copol International Ltd, Mitsui Chemicals Inc., Taghleef Industries LLC, Berry Global Inc. and others.

Industry News and Updates

February 2019 - Amcor Limited launched Genesis, a new in-store recyclable laminate solution. It targets a wide range of segments, including fresh fruits and vegetables, frozen food, dried fruits, nuts, confectionery, chilled goods, and pet food. The product is adaptable to a variety of packaging types and is appropriate for specific medical, home, and personal care markets.

January 2019 - Taghleef Industries completed the acquisition of Biofilm to expand its presence in Latin America. With the addition, Taghleef has secured a position as the prominent supplier of BOPP films in Latin America. The acquisition increased the production capacity of the company to over 500,000 metric ton. The company has secured a strong position in the supply chain in Latin America by spreading its production sites in Cartagena, Colombia, and Altamira, Mexico.

Key Market Trends

Increasing use of BOPP to Drive the Market Growth

- BOPP films are increasingly being adopted in packaging, labeling, and lamination. The film is a preferred substrate for food packaging globally, owing to its inherent moisture barrier properties, sealability, high clarity, graphic reproduction, and shelf appeal, with the best possibilities of the pack being a monolayer/homogeneous structure.

- The rising need to extend the shelf life of the products and maintain product quality, sustainability, aesthetics, and density are some of the significant factors that are propelling the vendors in the industry to adopt BOPP films. This is expected to fuel market growth over the forecast period.

- India and China are among the largest producers of BOPP packaging in the world and hold a prominent share of global demand. Market players such as Jindal Polyfilm, Uflex, Polyplex, Cosmo films, and others are some of the largest exporters of BOPP in the world. With the complete lockdown in India and Europe, along with trades blocked from China, the supply of BOPP is expected to be influenced significantly.

Regional Outlook of Polypropylene Packaging 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 Polypropylene Packaging 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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