Press release
Polypropylene Packaging Films Market Research Methodologies Offers High Business Outlook growth 2022-2027
The Polypropylene Packaging Films Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Polypropylene Packaging Films market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Polypropylene Packaging Films market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Polypropylene Packaging Films market.The polypropylene packaging films market was valued at USD 2.73 billion in 2020, and it is expected to reach USD 4.33 billion by 2026, registering a CAGR of 6.78% during the forecast period (2021-2026).
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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., Polyplex Corporation Limited 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.
Asia-Pacific to Account for Highest Market Growth
- Asia-Pacific is expected to dominate the market in terms of market share and the highest growth rate because of the rising middle-class population, along with the increasing requirements and solutions for ready-to-eat and easy-to-carry food.
- The demand for packaged food and pharmaceutical products is increasing in growing economies, such as China, India, Thailand, and Indonesia. The regulations that emphasize food quality, safety, and packaging norms of the packaged food and pharmaceutical products are expected to drive the growth of the polypropylene packaging film market in Asia-Pacific at the highest rate.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Polypropylene Packaging Films Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Polypropylene Packaging Films Market (%),2016 - 2026
- Polypropylene Packaging Films Market Share, By Brand
- Polypropylene Packaging Films Market Share, By Company
- Polypropylene Packaging Films Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Polypropylene Packaging Films Market Value Analysis & Forecast
- Promising Polypropylene Packaging Films Development by Major Companies
- Detailed Polypropylene Packaging Films Portfolio of the Major Companies
- Major Deals in the Polypropylene Packaging Films Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082593087/polypropylene-packaging-films-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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