Press release
BOPP Films Market Size to Hit US$ 25.9 Billion by 2027 | Industry CAGR of 5.9%
According to the latest report by IMARC Group, titled, "BOPP Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global BOPP films market reached a value of US$ 19.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.9 Billion by 2027, exhibiting a CAGR of 5.9% during 2022-2027.Biaxially oriented polypropylene (BOPP) films refer to films stretched in both transverse and machine directions, which generates a bidirectional molecular chain orientation. These films offer an excellent look and finish through optimum gloss and high transparency. BOPP films are considered ideal for food packaging on account of their homogeneous structure, shelf appeal, high clarity, moisture barrier properties, graphic reproduction and sealability. As compared to other plastic films, BOPP films are a better solution due to their lower carbon footprint.
Get a PDF Sample for more detailed market insights:Â https://www.imarcgroup.com/bopp-films-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
BOPP Films Market Trends:
The global BOPP films market is being driven by the requirement for efficient pharmaceutical packaging solutions and rapid growth in the food and beverage (F&B) industry. Apart from this, the increasing adoption of flexible packaging in packing dairy and other beverages, such as carbonated sodas, mixed beverages, coffee brews, and caffeinated drinks, is contributing to the market growth. Other factors, such as technological advancements in the packaging industry and extensive research and development (R&D) activities, are creating a positive outlook for the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global BOPP films market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type, thickness, production process and application.
Breakup by Type:
Wraps
Bags and Pouches
Tapes
Labels
Others
Breakup by Thickness:
Below 15 microns
15-30 microns
30-45 microns
More than 45 microns
Breakup by Production Process:
Tenter
Tubular
Breakup by Application:
Food
Beverage
Tobacco
Personal Care
Pharmaceutical
Electrical and Electronics
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Altopro
S.A. de C.V.
Amcor Plc
Ampacet Corporation,
Chiripal Poly Films Limited
Clondalkin Flexible Packaging
Cosmo Films Limited
Futamura Chemical Co. Ltd.
Innovia Films Limited (CCL Industries)
Jindal Poly Films Limited
Mondi Plc, Polyplex Corporation Ltd.
Printpack Holdings Inc.
Toray Industries Inc. and Uflex Ltd.
Ask Analyst for Customization and Browse full report with TOC & List of Figure:Â https://www.imarcgroup.com/bopp-films-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Other Trending Report by IMARC Group:
Beverage Carton Packaging Machinery Market:Â https://www.imarcgroup.com/beverage-carton-packaging-machinery-market
Corrugated Boxes Market: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant
Vietnam Recycled Plastics Market:Â https://www.imarcgroup.com/vietnam-recycled-plastics-market
Strapping Machine Market:Â https://www.imarcgroup.com/strapping-machine-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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