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BOPP Film Prices: Latest News, Price Trend, Chart, Demand and Forecast

09-20-2024 10:03 AM CET | Chemicals & Materials

Press release from: IMARC Group

BOPP Film Prices

BOPP Film Prices

๐—•๐—ข๐—ฃ๐—ฃ ๐—™๐—ถ๐—น๐—บ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ถ๐—ป ๐—ฆ๐—ฎ๐˜‚๐—ฑ๐—ถ ๐—”๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—ฎ
โ€ข ๐—ฆ๐—ฎ๐˜‚๐—ฑ๐—ถ ๐—”๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—ฎ: 1548 USD/MT

By the end of the year, the price of BOPP film in Saudi Arabia was set at 1548 USD/MT.

The latest report by IMARC Group, titled "๐—•๐—ข๐—ฃ๐—ฃ ๐—™๐—ถ๐—น๐—บ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ถ๐—ป๐—ด ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ: ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ, ๐—–๐—ต๐—ฎ๐—ฟ๐˜, ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—ก๐—ฒ๐˜„๐˜€, ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ, ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐——๐—ฎ๐˜๐—ฎ," provides a thorough examination of BOPP Film Prices. This report delves in globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ข๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ถ๐—ป๐—ด:

โ€ข ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—•๐—ถ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription

The study delves into the factors affecting BOPP Film price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/bopp-film-pricing-report/requestsample

๐—•๐—ข๐—ฃ๐—ฃ ๐—™๐—ถ๐—น๐—บ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ- ๐—Ÿ๐—ฎ๐˜€๐˜ ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ

The global biaxially oriented polypropylene (BOPP) film market is primarily driven by its widespread use in packaging, labeling, and lamination across various industries. Additionally, the increased demand for flexible packaging solutions, particularly in the food and beverage (F&B) sector, where BOPP films offer excellent moisture resistance and durability are contributing to the market growth.

As consumer preferences shift toward packaged and convenience foods, the need for reliable packaging materials increases, contributing to the market growth. Besides, BOPP films are favored for their recyclability, aligning with growing environmental concerns and sustainability trends. Many industries are transitioning toward eco-friendly packaging solutions, and BOPP films, being lightweight and recyclable, fit well into these sustainability goals.ย 

Furthermore, technological advancements in BOPP film production, such as enhanced printing and barrier properties, are further fueling market growth.

๐—•๐—ข๐—ฃ๐—ฃ ๐—™๐—ถ๐—น๐—บ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€

The BOPP film price increased in the Q2 2024 in the North American market mainly as a result of increased feedstock polypropylene prices and logistical difficulties, including increased freight costs and delays in transit. Moreover, crude oil costs fluctuate, and limited vessel space accessibility compounded the cost pressures, resulting in more tightly wound supply chains and increased market pricing. Seasonal demand for plastic items contributed to the increased price trend in the USA, which is known for the largest price changes.

Besides, the rising cost of essential raw ingredients like propylene and propane caused a surge in BOPP film pricing in the Asia Pacific area during the same period. The volatility of crude oil prices and robust purchasing patterns exacerbated this. Moreover, film prices were raised by manufacturers as a result of high feedstock costs. Besides, reduced shipping availability also increased freight prices, which had an effect on the market as a whole.

Particularly South Korea had a consistent increase in prices, which was indicative of strong demand in the packaging and manufacturing industries.

Moreover, the market in Europe witnessed a decline due to a decrease in requirements from the packaging sector and available materials surplus. Additionally, prices fell due to lower manufacturing costs owing to lower propylene and crude oil prices as well as a decline in consumer demand. Significant price adjustments occurred in Germany owing to the declining consumer spending and a weak economy, which raised stock levels and lowered prices.

Furthermore, the Middle East and Africa (MEA) region maintained a stable BOPP Film pricing landscape in Q2 2024, with sufficient product availability balancing the equation of demand and supply. Moreover, lower requirements from downstream productions helped stabilize prices, while cautious purchasing and inventory management supported market equilibrium.

In Saudi Arabia, the price stability underscored a consistent market with a slight increase noted compared to the former quarters, reflecting a balanced and slow-growing demand pattern.

๐—•๐—ฟ๐—ผ๐˜„๐˜€๐—ฒ ๐—™๐˜‚๐—น๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—›๐—ฒ๐—ฟ๐—ฒ: https://www.imarcgroup.com/bopp-film-pricing-report

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€:

โ€ข ๐—”๐˜€๐—ถ๐—ฎ ๐—ฃ๐—ฎ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โ€ข ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
โ€ข ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: United States and Canada
โ€ข ๐—Ÿ๐—ฎ๐˜๐—ถ๐—ป ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โ€ข ๐— ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ ๐—˜๐—ฎ๐˜€๐˜ & ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

๐—ก๐—ผ๐˜๐—ฒ: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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