According to recent industry research the "BOPP Films Industry 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", BOPP Films Industry 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 industry 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.

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

Bags Pouches, by type, accounted for the largest industry share in the BOPP films industry. 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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=249521924

In terms of value and volume, 15-30 microns is estimated to lead the BOPP films industry in 2019.

15-30 microns, by thickness, led the BOPP films industry in 2019, in terms of value and volume. Their superior machinability makes BOPP films suitable for horizontal form fill seal (HFFS) as well as vertical form fill seal (VFFS) packaging applications. They have high clarity and good strength in single web packaging applications. BOPP films of above 15-micron thickness are approved for direct food contact applications.

Food is estimated to be the largest segment in the BOPP films industry in 2019.

Food, by application, accounted for the most significant demand for bopp films in 2019, in terms of value and volume. The key driver for the BOPP films industry in food packaging is the growing demand for compact and lightweight packaging in baby food and pet food. BOPP films are also available for single-time use. In the food industry, BOPP films wraps and pouches are widely used in the packaging of sauces, pet food, ready-to-eat/frozen meal, candies, chocolates, snacks, dried fruits nuts, and confectionery products.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=249521924

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

The APAC region is projected to lead the BOPP films industry, 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 industry due to the increasing developmental activities and rapid economic expansion.

According to the World Bank, the two economic giants of the APAC region, China and Japan, are the world's second- and third-largest economies in 2019. In addition to this, the growing population in these countries presents a huge customer base for FMCG products and food beverages, which in turn, is expected to lead to the growth of the BOPP films industry. Changes in packaging styles, innovations in flexible packaging designs, and increase in demand for personal care products due to the rise in the young population are expected to drive the industry for BOPP films in this region.

BOPP Films Industry Key Players

C Cosmo Films (India), Taghleef Industries (UAE), CCL Industries (Canada), Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey) are the key players operating in the BOPP films industry. Expansions investments, and acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the BOPP films industry.

Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=249521924

Jindal Poly Films has continuously expanded its global presence over the years through strategic acquisitions and expansions. The group is involved in diverse businesses, including polyester polypropylene films, steel pipes, thermal power generation, and photographic products. JPFL is one of the largest manufacturers of BOPET and BOPP films in India. The company has one of the largest BOPP film manufacturing capacities in the world. It also has high RD capabilities, with several RD centers in different regions. Its product portfolio for BOPP films is also vast and can cater to the different needs of their customers.

Taghleef Industries (Ti) is one of the largest global manufacturers of biaxially oriented polypropylene films (BOPP), cast polypropylene films (CPP), biaxially oriented polylactic acid, and biodegradable films (BOPLA). Taghleef industries was formed in 2006 by the merger of 3 companies- Technopack (Egypt), AKPP (Oman), and Dubai Poly Films (UAE).

Ti offers a wide range of standard and specialty BOPP films that are suitable for food packaging, label films, and technical applications, such as overwrap, gift paper, flower wrap, and adhesive tapes.

Ti's brand portfolio includes Derprosa (Premium Luxury Film Line), EXTENDO (a range of thin barrier films), NATIVIA (biodegradable BOPLA), SynDECOR (technical films for decorative overlay), Titanium (metallic film designed for In Mould Labels), and SHAPE360 (shrink label films).