Press release
Americas Polypropylene (PP) Films Market Shares SWOT Analysis, Key Development Strategies and Forecasts Till 2027
The Americas Polypropylene (PP) 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 Americas Polypropylene (PP) 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 Americas Polypropylene (PP) Films market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Americas Polypropylene (PP) Films market.The America PP film market was valued at USD 6685.4 billion in 2020, and it is expected to reach USD 10093.72 million by 2026, registering a CAGR of 7.2 % during the forecast period (2021 - 2026).
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Top Leading Companies of Americas Polypropylene (PP) Films Market are - Toray Plastics (America), Inc., Oben Holding Group, Taghleef Industries, Altopro S.A. de C.V., Inteplast Group, Cheever Specialty Paper & Film, Cosmo Films, Inc., Copol International Ltd., Poligal. S.A. and others.
Industry News and Updates:
- June 2020 - Innovia Films launched a new family of highly functional and recyclable BOPP films, which are being marketed under the brand name Encore.
- July 2019 - The AmTopp Division of Inteplast Group (Livingston, NJ) increased its stretch film manufacturing capacity by adding two cast film extrusion lines in its newly acquired facility in Remington, IN. This expansion will add 60 million pounds to Inteplast’s current 385-million-pound capacity throughout its other locations in Lolita and Houston, TX; Charlotte, NC; and Phoenix, AZ; bringing its total name plate capacity to 445 million pounds.
- January 2019 - Taghleef Industries completed the acquisition of Biofilm, thereby, expanding its presence in the region. With this acquisition, the company aims to provide the industry’s best label films and products unique to Ti, such as DERPROSA and EXTENDO, among other Biofilm’s range of innovative products, including high barrier metalized films and high seal integrity films.
Key Market Trends:
The Food Industry is Expected to Exhibit Maximum Adoption
- The food industry is expected to hold the maximum share, majorly the organic packaged food and beverage segment, which comprises 47.4% to 52.6% of the USD 93.2 million value of the total in Brazil, according to Organic trade association.
- Food processing and packaging industries spend approximately 15% of the total variable costs on packaging materials. Industrial processing of food reduced consumption of animal protein, importation of raw materials and ingredients to be converted in the American countries, and scarcity of time to select/prepare food from fresh ingredients have enhanced innovation in food packaging.
United States Expected to Dominate the Market
- The United States is expected to dominate the market, as several vendors of BOPP films in the United States are adjusting their product portfolios to address the increasing requirement for consumer-friendly packaging solutions in the region. BOPP films that provide transparency in product packaging help customers to quickly examine the product, which is fueling the growth of the market in the region.?
- Additionally, the rising demand for packaged food in the region is likely to drive the growth of the market, owing to the rising shelf-life of food products and the need to maintain product quality and sustainability.
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:
- Americas Polypropylene (PP) Films Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Americas Polypropylene (PP) Films Market (%),2016 - 2026
- Americas Polypropylene (PP) Films Market Share, By Brand
- Americas Polypropylene (PP) Films Market Share, By Company
- Americas Polypropylene (PP) Films Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Americas Polypropylene (PP) Films Market Value Analysis & Forecast
- Promising Americas Polypropylene (PP) Films Development by Major Companies
- Detailed Americas Polypropylene (PP) Films Portfolio of the Major Companies
- Major Deals in the Americas Polypropylene (PP) Films Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082593389/americas-polypropylene-pp-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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