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Statistics reveal a strong propagation for the BOPE Packaging Film market during (2019-2029).

12-15-2021 11:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Statistics reveal a strong propagation for the BOPE Packaging

The global BOPE Packaging Films market has been segmented on the basis of thickness, application, and end-use industry. The global BOPE packaging film market is expected to grow 1.8 times in terms of market size by the end of 2029.

'BOPET Packaging Film Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029'. In terms of revenue, the global BOPE Packaging Films market is expected to expand at a CAGR of over 5% during the forecast period owing to numerous factors for which FMI provides exhaustive insights and forecasts in this report.

Download report sample: https://www.futuremarketinsights.com/reports/sample/rep-gb- 9609

Key market players profiled in the BOPE Packaging Film market report include Jindal Poly Films Limited, Uflex Ltd., and Toray Plastics (USA). Inc., SRF Limited, Mitsubishi Polyester Film, Inc., Futamura Chemical Co. Ltd., RETAL Industries Ltd., Fatra AS, DuPont Teijin Films US Limited, Polyplex Corporation Ltd., Ester Industries Limited, Garware Polyester Limited, Chiripal Poly Films Ltd., Oben Holding Group SAC, Polinas Plastik Sanayi ve Ticaret AS, Terphane LLC , Sumilon Polyester Ltd., JBF RAK LLC, FILMtech, Inc., Fuwei Films(shan dong) Co., Ltd. Several unorganized regional market players are expected to contribute to the global BOPE Packaging Films market during 2019-2029.

BOPET film gaining ground in high-quality graphic packaging applications

BOPET packaging film is an oriented film primarily used for product packaging in various end-use industries such as food and beverage, electrical and electronic, pharmaceutical, cosmetic and personal care products. BOPE packaging film is suitable for a wide range of applications. This film can be used to make bags and pouches, wraps, laminates, labels and tapes. Food remains the most prominent end-use industry for BOPE packaging films. Packaging of fresh produce, meat, confectionery and dairy products all use BOPE packaging film. BOPE packaging film remains stable through the printing and laminating process. Therefore, it is suitable for high-quality graphics packaging applications.

The Global BOPE Packaging Films Market is segmented in detail to cover all aspects of the market and to provide readers with complete market information.

by thickness
15 microns or less
15-30 microns
30-50 microns
50 microns or more

by application
label
tape
lab
Bags and Pouches
laminate

Ask our analyst: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-9609

Asia BOPE Film Market Competition

Geographically, East Asia accounts for more than a quarter of the global BOPE packaging film market and is expected to maintain its position in the global market. China is one of the major producers and consumers of BOPE packaging film, accounting for more than a fifth of the global market. Among South Asian countries, India has emerged as one of the major markets for BOPE packaging films. Jindal Poly Films, Uflex Ltd., Polyplex Corporation Ltd. Major players in the Asian market, such as others, are expanding their production capacity to keep pace with global demand.

Despite being a mature market, Europe represents a significant incremental opportunity for the BOPE packaging film market. This can be attributed to the growing demand for packaged and processed foods in the region. Due to its excellent sealing properties and heat resistance, BOPE packaging film is the preferred choice for label and tape manufacturing. Packaging converters also incorporate features such as metallization, coating, etc. to improve the barrier properties of these films. Spain is expected to witness relatively higher growth in BOPE packaging film market demand, while Germany is expected to maintain the lead in terms of increasing market share and opportunities in the European market. BOET packaging films are expected to benefit the most from demand arising from the food, tobacco and label industries.

Regional data for the question: https://www.futuremarketinsights.com/ask-regional/rep-gb- 9609

In 2019, the US is expected to account for more than 90% of the North American BOPE packaging film market. However, Canada is expected to expand to 1.4 times its present value by the end of 2023. The demand for BOPE packaging film has witnessed significant growth worldwide, including North America. Also, among all kinds of biaxially oriented films, BOPE packaging films promise to provide excellent performance in thin thickness, combined with a reasonable balance of high rigidity, good heat resistance and oxygen and moisture barrier. The aforementioned properties have helped BOPE packaging films gain a foothold in the North American market.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services serving clients in more than 150 countries. FMI is headquartered in Dubai, the global financial capital, with shipping centers in the United States and India. FMI's latest market research reports and industry analysis help companies navigate the challenges and make important decisions with confidence and clarity amid fierce competition. Customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI's team of expert-led analysts constantly track new trends and events across a wide range of industries to prepare customers for the evolving needs of consumers.

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