BOPP Film Market: Trends, Opportunities and Competitive Analysis [2023-2028]

BOPP Film Market Trends and Forecast

The future of the global BOPP film market looks promising with opportunities in food packaging, non-food packaging, and industrial applications. The global BOPP film market is forecast to reach $38.8 billion by 2028 with a CAGR of 4.7% from 2023 to 2028. The major drivers for this market are growth in food packaging and increasing need for UV light barrier films.

Emerging Trends in the BOPP Film Market

Emerging trends, which have a direct impact on the dynamics of the industry, include development of PVdC-free high barrier BOPP films and increasing demand for oxi-biodegradable BOPP films.

A total of 135 figures / charts and 114 tables are provided in this 190-page report to help in your business decisions. Sample figures with insights are shown below.

BOPP Film Market by Segment

The study includes trends and forecast for the global BOPP film market by film type, thickness, application, and region as follows:

By Application [Volume (Kilotons) and $M Shipment Analysis from 2017 to 2028]:

• Food Packaging

Confectionary

Biscuits/Bakery

Snacks

Pasta

Other food

• Non-Food Packaging
• Industrial

By Film Type [Volume (Kilotons) and $M Shipment Analysis from 2017 to 2028]:

• Transparent Films
• Metalized Films
• White/Opaque

By Thickness [Volume (Kilotons) and $M Shipment Analysis from 2017 to 2028]:

• Below 15 micron
• 15 to 30 micron
• 30 to 45 micron
• Above 45 micron

By Region [Volume (Kilotons) and $M Shipment Analysis from 2017 to 2028]:

• North America

United States

Canada

Mexico

• Europe

Germany

France

United Kingdom

• Asia Pacific

China

Japan

India

• The Rest of the World

List of BOPP Film Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies BOPP companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the BOPP companies profiled in this report includes.

• Jindal Poly Films
• Cosmo Films Ltd.
• SIBUR
• Uflex Limited
• Innovia Films
• Inteplast Group
• KOPAFILMS Elektrofolien GmbH
• Zhejiang Kinlead Innovative Materials

BOPP Film Market Insight

• Lucintel forecasts that transparent BOPP films will remain the largest segment over the forecast period, and it is also expected to witness the highest growth due to increasing demand for transparent films in the food industry to provide high level of aesthetic appeal in product packaging.
• Food packaging will remain the largest application over the forecast period due to growing demand for various packaged food products, such as confectionary, biscuits/bakery, snacks, and pasta. Non-food packaging is expected to witness the highest growth due to increasing demand for tobacco products.
• Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to increasing demand for food packaging, changing consumer lifestyle, and development of mass retailing.

Features of BOPP Film Market

• Market Size Estimates: BOPP film market size estimation in terms of value ($M) and volume (kilotons)
• Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: BOPP film market size by various segments, such as application, thickness, and film type, in terms of value and volume.
• Regional Analysis: BOPP film market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different application, film type, thickness, and regions for the BOPP film market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the BOPP film market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the BOPP Film market size?

Answer: The global BOPP film market is expected to reach an estimated $38.8 billion by 2028

Q2. What is the growth forecast for BOPP film market?

Answer: The BOPP film market is expected to grow at a CAGR of 4.7% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the BOPP film market?

Answer: The major drivers for this market are growth in food packaging and increasing need for UV light barrier films.

Q4. What are the major applications or end use industries for BOPP film?

Answer: Food packaging and industrial are the major end use industries for BOPP film market.

Q5. What are the emerging trends in BOPP film market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of PVdC-free high barrier BOPP films and increasing demand for oxi-biodegradable BOPP films.

Q6. Who are the key BOPP film companies?

Answer: Some of the key BOPP film companies are as follows:

• Jindal Poly Films
• Cosmo Films Ltd.
• SIBUR
• Uflex Limited
• Innovia Films
• Inteplast Group
• KOPAFILMS Elektrofolien GmbH
• Zhejiang Kinlead Innovative Matefrials Co., Ltd.

Q7.Which BOPP film product segment will be the largest in future?

Answer: Lucintel forecasts that transparent BOPP films will remain the largest segment over the forecast period, and it is also expected to witness the highest growth due to increasing demand for transparent films in the food industry to provide high level of aesthetic appeal in product packaging.

Q8. In BOPP film market, which region is expected to be the largest in next 5 years?

Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1 What are some of the most promising, high-growth opportunities for the global BOPP film market by film type (transparent films, metalized films, and white/opaque), thickness (below 15 micron, 15 to 30 micron, 30 to 45 micron, and above 45 micron), application (food packaging, non-food packaging, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2 Which segments will grow at a faster pace and why?
• Q.3 Which regions will grow at a faster pace and why?
• Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
• Q.5 What are the business risks and threats to the market?
• Q.6 What are the emerging trends in this market and reasons behind them?
• Q.7 What are some changing demands of customers in the market?
• Q.8 What are the new developments in the market? Which companies are leading these developments?
• Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
• Q.10 What are some of the competitive products and processes in this market, and how big of a threat do they pose for loss of market share via product substitution?
• Q.11 What M&A activity did occur in the last five years?