Bi-axially Oriented Polypropylene Market 2016 – Potential Growth, Analysis, Strategies and Forecast 2024
Packaging, especially flexible packaging, is one of the most dynamic industries today owing to its extensive application in the food and beverages, personal care, and pharmaceutical sectors. The rising demand for bi-axially oriented polypropylene (BOPP) in packaging, labeling, printing, and lamination can be primarily attributed to the booming growth in the aforementioned industries. Transparency Market Research predicts that the demand for BOPP will be in line with that of flexible packaging in the near future. It is also likely to be consistent with the growth of the food and beverages industry.
Browse Bi-axially Oriented Polypropylene Market Market Research Report: http://www.transparencymarketresearch.com/biaxially-oriented-polypropylene-market.html
By revenue, the BOPP market is poised to expand at a 5.8% CAGR from 2016 to 2024, with the value rising from US$12.7 bn in 2015 to US$20.9 bn by the end of the forecast period. The market is projected to register a 6.3% CAGR in terms of volume between 2016 and 2024.
Rising Consumption of Packaged, Ready-to-eat Foods Drives Demand for BOPP
BOPP finds application mainly in the food industry and this segment is the leading contributor to the growth of the BOPP market in terms of volume. BOPP is used for packaging and labeling in the food industry and the growing demand for snacks, cakes, breads, ready-to-eat packaged foods, frozen foods, and confectioneries has impacted the demand for BOPP in this sector.
The food sector is also anticipated to be the fastest growing application segment by the end of the forecast period. Considering the growing demand for tapes in industrial packaging, the tapes segment also holds lucrative opportunities for players in the BOPP market.
Developing Regions Hold Immense Scope for Growth
The global BOPP market is geographically segmented into North America, Central America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. In terms of volume, Asia Pacific leads the global BOPP and the region accounted for a share of more than 55% in 2015. Poised for considerable growth over the course of the forecast period, the APAC BOPP market is likely to be driven by the high demand for BOPP for the production of packages and labels in the food industry and tapes for industrial packaging purposes. China is one of the leading consumers of BOPP in the region.
Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3525
The Middle East and Africa and Latin America BOPP markets are projected to witness moderate to high growth by 2024, owing to the expansion of the food industry and the rising demand for packaged products. Countries within the GCC are expected to be key markets for BOPP in the Middle East; South Africa and Nigeria are likely to play a leading role in the BOPP market in Africa; Brazil, Argentina, Colombia, and Chile hold promising prospects for the BOPP market in Latin America.
The BOPP market is highly fragmented, marked by the presence of several major players. Some of the prominent companies in the global BOPP market include Kopafilm Elektrofolien GmbH, SRF Limited, Chemosvit A.S., Tempo Group, Taghleef Industries, Vibac Group S.p.A., Treofan Group, Rowad Global Packaging Co. Ltd., Zubairi Plastic Bags Industry LLC, Poligal S.A., Futamura Chemical Co., Ltd., Manucor S.p.A., Oben Holding Group, Innovia Films, Xpro India Limited, Uflex Ltd., Jindal Poly Films Ltd., Biaxplen Ltd., BIOFILM, Cosmos Films Ltd., Dunmore Corporation, Polyplex Corporation Limited, and Vitopel S.A.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Visit Blog : http://cmfeglobalreports.blogspot.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bi-axially Oriented Polypropylene Market 2016 – Potential Growth, Analysis, Strategies and Forecast 2024 here
News-ID: 610645 • Views: 206
More Releases from Transparency Market Research
Malt Vinegar Market - Global Industry Analysis, Size, Share, Growth, Trends, and …
Malt vinegar is an English vinegar, generally used as a condiment, manufactured by double fermentation of malted barley. Malt vinegar is commonly used in the preparation of English snacks and cuisines, especially fish and chips. Malt vinegar is available in two forms - distilled and not distilled, which lends a white or brown color to it. Malt vinegar has been used since traditional times and the market is quite saturated.
Sorbet Stabilizer Market - Global Industry Analysis, Size, Share, Growth, Trends …
Sorbet stabilizer is an ingredient added to sorbet or sherbet products to improve its texture and mouthfeel along with improving the meltdown properties of the sorbet. Stabilizers used in food products are basically added as the food additives to help the foodstuffs in preserving their structure. The stabilizers are a combination of compounds, which are general polysaccharide food gums. These food gums help in adding viscosity to the food products
Celery Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and F …
Apium graveolens is the plant from which celery oil is produced. This plant has bright white flowers and 2 mm long seeds. These seeds find applications in the production of spices. Celery seeds are very pleasant in smell and have a strong aroma. These seeds are dried and pressed in order to produce oil. Celery is a herb which is multipurpose and used for medical, healthcare, personal care, food and
Electrophoresis Market Set for Rapid Growth and Trend, by 2025
Electrophoresis technique is used to physically separate macromolecules such as RNA, nucleic acid fragments, and proteins according to their molecular size and electric charge. Both gel electrophoresis and capillary electrophoresis techniques are observed to be the first choice of researchers for efficient analytical separation of macromolecules. Gel electrophoresis is a technique that separates macromolecules using gel-like matrix and has contributed to the growth by offering a wide range of geometrics
More Releases for BOPP
Global BOPP Wrap Industry Research Analysis by 2020- 2025
This report also researches and evaluates the impact of Covid-19 outbreak on the BOPP Wrap industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on BOPP Wrap and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). Global Info Research offers a latest published report on BOPP Wrap Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a
BOPP Labels Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the BOPP Labels market analysis, which studies the BOPP Labels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "BOPP Labels Market 2020-2025" Research Report categorizes the global BOPP Labels market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth
Global BOPP Capacitor Film Market Outlook 2019-2024
Market Research Report Store offers a latest published report on BOPP Capacitor Film Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/592688/global-bopp-capacitor-film-market-outlook The analysts forecast the global BOPP
Flourishing Food Industry Fueling BOPP Market
Bi-axially Oriented Polypropylene (BOPP) Market: Snapshot Packaging, especially flexible packaging, is one of the most dynamic industries today owing to its extensive application in the food and beverages, personal care, and pharmaceutical sectors. The rising demand for bi-axially oriented polypropylene (BOPP) in packaging, labeling, printing, and lamination can be primarily attributed to the booming growth in the aforementioned industries. Transparency Market Research predicts that the demand for BOPP will be in
BOPP Industry 2018: Forecast to 2025
Download Report Sample @ https://www.deepresearchreports.com/contacts/request-sample.php?name=883774 The Global BOPP Industry: 2018 Market Report is a professional and in-depth study on the current state of the BOPP Market. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The BOPP market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Complete report on BOPP market spread across 122
Bi-axially Oriented Polypropylene (BOPP) Market - Witness substantial gains 2025
Bi-axially Oriented Polypropylene (BOPP) Market: Snapshot The global market for bi-axially oriented polypropylene (BOPP) market is growing and one of the key factors for its growth is the high demand from labeling, packaging, printing, and lamination applications. The demand for bi-axially oriented polypropylene is also increasing from pharmaceutical and cosmetic packaging sectors. The growing inclination of consumers towards spending increasingly on personal wellbeing will help the bi-axially oriented polypropylene market to