Market Reports | Product Report

BOPP Films Market worth $31.4 billion by 2025 – At a CAGR of 5.3%

Published: June 19, 2023

Author: TEXTILE VALUE CHAIN

According to a new market research report, the “BOPP Films Market by Type (Wraps, Bags & Pouches, Tapes, Labels), Thickness (Below 15 Microns, 15-30 Microns, 30-45 Microns, More Tham 45 Microns), Production Process (Tenter, Tubular), Application, and Region – Global Forecast to 2025″, size is projected to grow from USD 24.2 billion in 2020 to USD 31.4 billion by 2025, at a CAGR of 5.3% from 2020 to 2025. The market is projected to grow in accordance with the growth of the packaging industry across the globe. BOPP film products are known for their properties, such as increased toughness, improved oil and grease resistance, enhanced clarity, increased stiffness, and enhanced barrier properties to water vapor and oxygen. These properties of BOPP film products increase their preference in a wide range of applications.

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194 Market data Tables
46 Figures
191 Pages and in-depth TOC on “BOPP Films Market – Global Forecast to 2025″

This report also provides a comprehensive analysis of the companies listed below:

C Cosmo Films (India)
Taghleef Industries (UAE)
CCL Industries (Canada)
Jindal Poly Films (India)
Inteplast Group (US)
Polibak (Turkey)

The BOPP films market has been growing in tandem with the growth in the packaging industry, replacing traditional packaging types, such as metal cans and cartons. Factors, such as growing consumer preferences for convenient packaging, growing demand from the food & beverage sector, ease of use, and lightweight nature, are driving the demand for BOPP films packaging.

In terms of value & volume, Bags & Pouches is estimated to dominate the BOPP films market in 2019.

Bags & Pouches, by type, accounted for the largest market share in the BOPP films market. BOPP film is made up of poly film that offer premium durability to the product packaging. This poly film is laminated into polyethylene fabric and converted into bags and pouches. BOPP bags & pouches primarily find applications in the packaging of cereal & pulses, pet food, grass seed, animal nutrition, fertilizers, beverages, dairy products, and cosmetics.

The APAC region is projected to account for the largest share in the BOPP films market during the forecast period.

The APAC region is projected to lead the BOPP films market, in terms of both value and volume from 2020 to 2025. According to the World Bank, APAC was the fastest-growing region, in terms of both population and economy. Countries such as India and China are expected to post high growth in the BOPP films market due to the increasing developmental activities and rapid economic expansion.

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