Press release
Polypropylene Packaging Films Market Report 2023-2030 | Polypropylene Packaging Films Flourish to US$ 4.2 Billion by 2030, Fueled by Sustainability and Versatility, Says RationalStat Report
The global polypropylene packaging films market is expected to reach US$ 4.2 billion by 2030, with an annual growth rate of more than 5.4%.According to RationalStat's recent industry analysis, the Global Polypropylene Packaging Films Market value is assessed US$ 2.9 billion in 2023 and is expected to rise at a strong CAGR of over 5.4% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Polypropylene packaging films are films made from polypropylene, a versatile thermoplastic polymer. Polypropylene is known for its excellent clarity, high tensile strength, moisture resistance, and chemical inertness. These characteristics make it a popular material for various packaging applications.
Polypropylene is recyclable, and the demand for environmentally friendly packaging options has increased. The recyclability of polypropylene films aligns with sustainability goals, contributing to its market growth.
According to a deep-dive market assessment by RationalStat, the global polypropylene packaging films market has been analyzed on the basis of market segments, including product type, film format, thickness, application, end use and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
• Market intelligence for the global Polypropylene Packaging Films market covers market sizes on the basis of market value (US$/EUR Million), volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
• In addition, the long-term sector and products/services 10-year outlook and its implications on the global Polypropylene Packaging Films market. It also includes the industry's current state - Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Polypropylene Packaging Films Market: Segmental and Market Share Analysis
• On the basis of end use, food and beverages segment accounted for the highest market share. The growing demand of tobacco sector across South Asia and the Middle Eastern region is offering a strong impetus to the demand for polypropylene packaging films.
Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 2.9 billion
Market Size Forecast US$ 4.2 billion
Growth Rate 5.4%
Dominant Segment Food and Beverages
Dominant Region Asia Pacific
Key Market Drivers
• Increasing usage from food & beverages industry
• Rising demand of cost-effective packaging formats
• Growth in packaged food markets
Companies Profiled
• Amcor Plc
• Berry Global Inc
• RKW Group
• Coveris Group
• SRF Limited
• Mondi Group
• Dow Chemical Company
• Dupont Teijin Films
• Stora Enso Inc
• DS Smith
• Charter NEX Films Inc
• Taghleef Industries LLC
• Jindal Polyfilms Ltd
Explore more about this report- https://store.rationalstat.com/store/global-polypropylene-packaging-films-market/#tab-ux_global_tab
Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global polypropylene packaging films market include.
• In April 2023, Copol International Ltd. introduced a new polypropylene film that extends shelf life, improves food safety, and reduces waste. The company is based in North Sydney, Nova Scotia.
Some of the prominent players and suppliers operating and contributing significantly to the global polypropylene packaging films market growth include Amcor Plc, Berry Global Inc, RKW Group, Coveris Group, SRF Limited, Mondi Group, Dow Chemical Company, Dupont Teijin Films, Stora Enso Inc, DS Smith, Charter NEX Films Inc, Taghleef Industries LLC, and Jindal Polyfilms Ltd., among others.
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RationalStat has segmented the global polypropylene packaging films market based on product type, film format, thickness, application, end use and region
• Global Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Product Type
o BOPP
o CPP
• Global Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Film Format
o Coated Films
o Clear Films
o Matte Films
o White Films
o Metallized Films
• Global Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Thickness
o Up to 18 microns
o 18 to 50 microns
o 51 to 80 microns
o Above 80 microns
• Global Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Application
o Bags & Pouches
o Lamination
o Tapes
o Labels
o Wraps
• Global Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by End Use
o Food & Beverages
o Personal Care & Cosmetics
o Electric & Electronics
o Industrial
o Pharmaceutical & Medical
o Tobacco
• Global Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Region
o North America Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
US
Canada
o Latin America Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
Brazil
Mexico
Rest of Latin America
o Western Europe Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
o Eastern Europe Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
Russia
Poland
Hungary
Other CIS Countries
Rest of Eastern Europe
o Asia Pacific Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
China
Japan
India
South Korea
Australia
ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
Rest of Asia Pacific
o Middle East & Africa Polypropylene Packaging Films Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
South Africa
Nigeria
Turkey
Rest of the Middle East & Africa
For more information about this report- https://store.rationalstat.com/store/global-polypropylene-packaging-films-market/
Key Questions Answered in the Polypropylene Packaging Films Report:
• What will be the market value of the global Polypropylene Packaging Films market by 2030?
• What is the market size of the global Polypropylene Packaging Films market?
• What are the market drivers of the global Polypropylene Packaging Films market?
• What are the key trends in the global Polypropylene Packaging Films market?
• Which is the leading region in the global Polypropylene Packaging Films market?
• What are the major companies operating in the global Polypropylene Packaging Films market?
• What are the market shares by key segments in the global Polypropylene Packaging Films market?
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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RationalStat LLC
Kimberly Shaw,
Content and Press Manager
sales@rationalstat.com
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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