Biaxially Oriented Polypropylene (BOPP) Films Market Size, Trends and Insights By Type (Wraps, Bags & Pouches, Tapes and Labels), By Thickness (Below 15 Microns, 15-30 Microns, 31-45 Microns, More Than 45 Microns), By Application (Food, Beverages, Tabaco, Personal Care, Pharmaceutical, Others), By Vertical (Tenter, Tabular), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Jindal Poly Films Ltd. (India)
- Taghleef Industries Group (UAE)
- Cosmo Films Ltd. (India)
- Uflex Ltd. (India)
- Innovia Films Ltd. (UK)
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Biaxially Oriented Polypropylene (BOPP) Films Market is expected to record a CAGR of 5.7% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 32.1 billion. By 2032, the valuation is anticipated to reach USD 47.6 billion.
The Biaxially Oriented Polypropylene (BOPP) Films Market encompasses the production, distribution, and utilization of thin polypropylene films stretched in both machine and transverse directions, enhancing their mechanical properties.
BOPP films are favoured for their versatility, exceptional clarity, moisture resistance, and printability. Current trends include a shift towards sustainable packaging solutions, innovations in barrier properties for extended shelf life, adaptation to e-commerce packaging needs, and the exploration of bio-based materials, reflecting evolving consumer demands and environmental concerns.
Biaxially Oriented Polypropylene (BOPP) Films Market – Significant Growth Factors
The Biaxially Oriented Polypropylene (BOPP) Films Market presents significant growth opportunities due to several factors:
- Growing Packaging Industry: The expanding global packaging industry is a significant driver for the BOPP Films Market. BOPP films are preferred for their versatile applications in flexible packaging, labels, and lamination due to their printability, durability, and barrier properties.
- Sustainable Packaging Demand: Increasing consumer awareness and regulatory emphasis on sustainable packaging solutions propel the market. BOPP films, being recyclable and lightweight, align with the eco-friendly packaging trend, attracting environmentally conscious consumers and brands.
- E-commerce Boom: The rise in e-commerce activities fuels the demand for protective and visually appealing packaging materials. BOPP films cater to this need, offering solutions for secure packaging, graphics, and tamper-evident seals, driving their adoption in online retail packaging.
- Technical Advancements: Continuous advancements in film extrusion, coating, and metallization technologies enhance BOPP films’ functionalities. These developments lead to innovations such as improved barrier properties, heat sealability, and enhanced film clarity, expanding their applications across industries.
- Bio-based BOPP Films: The opportunity lies in the development of bio-based or biodegradable BOPP films. Consumer demand for sustainable materials opens avenues for bio-based alternatives that reduce environmental impact, offering a competitive edge and capturing the growing market for eco-friendly packaging.
- Specialized Functional Films: There’s an opportunity to cater to specific industry needs by developing specialized functional BOPP films. These could include films with enhanced barrier properties, UV resistance, or antimicrobial coatings, addressing diverse packaging requirements across sectors like food, pharmaceuticals, and electronics.
Biaxially Oriented Polypropylene (BOPP) Films Market – Mergers and Acquisitions
The Biaxially Oriented Polypropylene (BOPP) Films Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Biaxially Oriented Polypropylene (BOPP) Films Market include:
- Taghleef Industries and CEFLEX: In 2021, Taghleef Industries is part of the working team operating under CEFLEX leadership and their QRP Process. As part of its active commitment to CEFLEX initiatives, Taghleef Industries helped develop a PP duplex laminated barrier pouch for non-food applications which contains recycled PP, in collaboration with BOBST, Borealis, COIM Group, ELBA S.p.A., Flint Group, Henkel and Sun Chemical.
- Toray Advanced Materials acquired SK Chemicals: In 2021, Toray Advanced Materials acquired the prepreg business from SK Chemicals, an intermediate material for carbon fiber composite materials. Toray Advanced Materials is expected to enter the carbon fiber composite material market in earnest by securing the prepreg business.
- C. Jindal Group Acquires Treofan Europe: In 2018, Jindal Poly Films acquired Treofan Group to expand its market presence in Europe and reinforce its BOPP films portfolio, solidifying its global competitive position. Treofan Europe is a major manufacturer of biaxially oriented propylene films (BOPP films) for packaging, labelling, tobacco and technical applications in Europe.
- Polyplex Corporation and AGP Holdco Limited: In 2023, according to the shareholding pattern of Polyplex, the promoters hold a 50.97 per cent stake. The firm’s overseas investments have been made via a listed subsidiary it owns in Thailand, namely Polyplex Thailand. It also has a subsidiary in Singapore.
- Jindal Takes Apeldoorn Flexible Packaging: In 2017, This acquisition will provide access to load security films, a new product line and will also strengthen with brand owners in the food, beverage and FMCG (fast-moving consumer goods) segments.
- CCL Industries’ Acquisition of Polish BOPP Films Manufacturer: In 2020, CCL Industries acquired a Polish BOPP films manufacturer to expand its presence in Europe and strengthen its position in the European packaging industry. Flexpol is engaged in producing transparent BOPP film, which includes heat sealable properties with an antifog effect on both sides.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Biaxially Oriented Polypropylene (BOPP) Films Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Biaxially Oriented Polypropylene (BOPP) Films Market | Biaxially Oriented (BO) Films Market | Ceramic & Porcelain Tiles Market |
| CAGR 5.7% (Approx) | CAGR 4.6% (Approx) | CAGR 7.2% (Approx) |
| USD 47.6 Billion by 2032 | USD 26.28 Million by 2032 | USD 332.6 Billion by 2032 |
Biaxially Oriented Polypropylene (BOPP) Films Market – Significant Threats
The Biaxially Oriented Polypropylene (BOPP) Films Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Substitute Materials: The availability and adoption of alternative packaging materials, such as bio-based plastics, compostable materials, and other flexible films, pose a threat to BOPP films. If these alternatives offer comparable or superior properties while being more environmentally friendly, they could compete for market share.
- Regulatory Changes: Evolving regulations related to single-use plastics, recyclability, and environmental impact could impact the demand for BOPP films. Stricter regulations might require manufacturers to invest in additional processes or materials to meet new standards, affecting costs and market viability.
- Rising Raw Material Costs: Fluctuations in the prices of polypropylene resins, a key raw material for BOPP films, can impact production costs. Sudden spikes in raw material costs could lead to increased prices for BOPP films, potentially reducing their competitiveness in the market.
- Shifting Consumer Preferences: Changing consumer preferences and behaviours can influence packaging trends. If consumers demand alternative packaging formats or materials due to health concerns, convenience, or sustainability, the market for BOPP films might be affected.
- Technological Disruptions: Rapid technological advancements, such as the development of new packaging solutions or printing techniques, can pose a threat. If new technologies offer superior performance, aesthetics, or efficiency, they could divert demand away from traditional BOPP films.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 33.6 Billion |
| Projected Market Size in 2032 | USD 47.6 Billion |
| Market Size in 2022 | USD 32.1 Billion |
| CAGR Growth Rate | 5.7% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Thickness, Application, Vertical and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Type:
- Wraps: Wraps in the packaging industry refer to BOPP films used to encase products securely. They provide protection, visibility, and branding opportunities. Trending in wraps is the demand for tamper-evident seals, particularly in e-commerce, ensuring product integrity during transit while enhancing consumer trust.
- Bags & Pouches: BOPP films find extensive use in manufacturing bags and pouches for various products. Trends include the rise of resealable and stand-up pouches, catering to convenience and on-the-go consumption. Eco-friendly bag options also gain traction, aligning with sustainable packaging preferences.
- Tapes and Labels: BOPP films play a vital role in producing adhesive tapes and labels. The trends in this segment include increased demand for printable and durable labels, as well as the growth of labelling solutions for pharmaceuticals and healthcare products, requiring high-quality, tamper-resistant labels to ensure safety and compliance.
By Thickness
- Below 15 Microns: Films below 15 microns are ultra-thin and often used for lightweight packaging solutions. They provide minimal material usage, offering cost-effective and environmentally friendly options. Trends include their use in single-use plastics reduction initiatives, such as thinner plastic wraps for produce in grocery stores.
- 15-30 Microns: Films in this range strike a balance between durability and cost-efficiency. They are commonly used for bags and pouches, offering protection for a variety of products. Trends include their application in sustainable packaging efforts and the use of innovative printing techniques for attractive designs.
- 31-45 Microns: These thicker films provide enhanced strength and barrier properties. They are preferred for heavy-duty applications like industrial bags and bulk packaging. Trends involve the adoption of 31–45-micron films for e-commerce packaging due to their ability to withstand transportation stresses.
- More Than 45 Microns: Films exceeding 45 microns are heavyweight and designed for robust applications. They are used in specialized packaging scenarios requiring exceptional strength and protection. Trends include their use in the production of heavy-duty industrial tapes and labels for machinery and equipment identification, ensuring longevity and durability.
By Application
- Food: BOPP films find extensive use in food packaging due to their moisture resistance, barrier properties, and printability. The trend leans towards sustainable and visually appealing packaging, with BOPP films enabling brand differentiation and meeting hygiene standards.
- Beverages: BOPP films are preferred for labelling and packaging beverages. The trend focuses on label durability, vibrant graphics, and tamper-evident solutions, catering to diverse bottle shapes and sizes.
- Tobacco: In tobacco packaging, BOPP films offer protection and branding opportunities. The trend emphasizes anti-counterfeiting measures, brand visibility, and compliance with packaging regulations.
- Personal Care: BOPP films are utilized in packaging personal care products like cosmetics and toiletries. The trend centres on premium aesthetics, convenient packaging formats, and product protection, enhancing the overall consumer experience.
- Pharmaceutical: BOPP films play a role in pharmaceutical packaging, ensuring product integrity and patient safety. The trend emphasizes blister packaging, child-resistant features, and barrier properties to maintain medication efficacy.
- Others: BOPP films also have applications in textiles, electronics, and industrial packaging. The trend is driven by protective packaging, insulation solutions, and product branding, expanding the market’s versatility and reach.
By Vertical
- Tenter Vertical: In the tenter vertical of the BOPP Films Market, films are stretched biaxially in a tenter frame, aligning polymer molecules for enhanced mechanical properties. This method yields films with excellent tensile strength and dimensional stability. Trends include process refinements for optimal stretching, improved gauge control, and specialized tentering techniques for diverse applications.
- Tabular Vertical: The tabular vertical involves the use of specialized tabular processes to manufacture BOPP films. This approach offers unique advantages in terms of film characteristics and applications. Trends include advancements in tabular extrusion technologies, enabling the production of high-clarity films, barrier coatings, and films with specific surface properties to meet evolving market demands.
Biaxially Oriented Polypropylene (BOPP) Films Market – Regional Analysis
The Biaxially Oriented Polypropylene (BOPP) Films Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, the Biaxially Oriented Polypropylene (BOPP) Films Market trend is characterized by a strong emphasis on sustainable packaging solutions. With increasing consumer awareness and regulatory pressure, there’s a shift towards recyclable and eco-friendly BOPP films. Brands focus on transparent labelling to convey product information, catering to the region’s environmentally conscious consumers.
- Europe: In Europe, the trend centers around innovation in barrier properties. BOPP films with enhanced barriers, offering extended product shelf life, are in demand. Additionally, the circular economy approach drives the use of BOPP films made from recycled materials, aligning with the European Union’s sustainability goals.
- Asia-Pacific: Asia-Pacific showcases a surge in e-commerce packaging demand. The region’s booming online retail industry drives the need for protective and visually appealing packaging solutions. BOPP films are preferred for their printability and tamper-evident features, catering to the growing e-commerce market and its packaging requirements.
- Latin America, Middle East, and Africa (LAMEA): LAMEA experiences a trend towards cost-effective solutions. BOPP films are adopted for their affordability and versatility in diverse applications. In this region, industries seek practical packaging options that balance protection and cost efficiency, making BOPP films a preferred choice for a wide range of products across sectors.
Competitive Landscape – Biaxially Oriented Polypropylene (BOPP) Films Market
The Biaxially Oriented Polypropylene (BOPP) Films Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- Jindal Poly Films Ltd. (India)
- Taghleef Industries Group (UAE)
- Cosmo Films Ltd. (India)
- Uflex Ltd. (India)
- Innovia Films Ltd. (UK)
- Toray Industries Inc. (Japan)
- Treofan Group (Germany)
- Mitsui Chemicals Tohcello Inc. (Japan)
- Biofilm S.A. (Spain)
- Sibur Holding PJSC (Russia)
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
Emerging players such as Polyplex Corporation and Innovia Films have entered the Biaxially Oriented Polypropylene (BOPP) Films Market with innovative approaches. Polyplex focuses on sustainable solutions with bio-based materials and advanced coatings.
Innovia Films introduces high-barrier BOPP films for extended product shelf life, addressing evolving packaging demands. Key players like Jindal Poly Films Ltd. and Taghleef Industries Group dominate the BOPP Films Market. Jindal Poly Films is known for its comprehensive product portfolio and global reach, catering to diverse industries.
Taghleef Industries Group leverages technological advancements for high-performance films, positioning itself as a leader in quality and innovation. These dominant players shape market trends, influence industry standards, and drive overall market growth.
The Biaxially Oriented Polypropylene (BOPP) Films Market is segmented as follows:
By Type
- Wraps
- Bags & Pouches
- Tapes and Labels
By Thickness
- Below 15 Microns
- 15-30 Microns
- 31-45 Microns
- More Than 45 Microns
By Application
- Food
- Beverages
- Tabaco
- Personal Care
- Pharmaceutical
- Others
By Vertical
- Tenter
- Tabular
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market, (2024 – 2033) (USD Billion)
- 2.2 Global Biaxially Oriented Polypropylene (BOPP) Films Market : snapshot
- Chapter 3. Global Biaxially Oriented Polypropylene (BOPP) Films Market – Industry Analysis
- 3.1 Biaxially Oriented Polypropylene (BOPP) Films Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Packaging Industry
- 3.2.2 Sustainable Packaging Demand
- 3.2.3 E-commerce Boom
- 3.2.4 Technical Advancements
- 3.2.5 Bio-based BOPP Films
- 3.2.6 Specialized Functional Films.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Thickness
- 3.7.3 Market attractiveness analysis By Application
- 3.7.4 Market attractiveness analysis By Vertical
- Chapter 4. Global Biaxially Oriented Polypropylene (BOPP) Films Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Biaxially Oriented Polypropylene (BOPP) Films Market – Type Analysis
- 5.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Type
- 5.1.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market share, By Type, 2022 and – 2033
- 5.2 Wraps
- 5.2.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Wraps, 2024 – 2033 (USD Billion)
- 5.3 Bags & Pouches
- 5.3.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Bags & Pouches, 2024 – 2033 (USD Billion)
- 5.4 Tapes and Labels
- 5.4.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Tapes and Labels, 2024 – 2033 (USD Billion)
- 5.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Type
- Chapter 6. Global Biaxially Oriented Polypropylene (BOPP) Films Market – Thickness Analysis
- 6.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Thickness
- 6.1.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market share, By Thickness , 2022 and – 2033
- 6.2 Below 15 Microns
- 6.2.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Below 15 Microns, 2024 – 2033 (USD Billion)
- 6.3 15-30 Microns
- 6.3.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by 15-30 Microns, 2024 – 2033 (USD Billion)
- 6.4 31-45 Microns
- 6.4.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by 31-45 Microns, 2024 – 2033 (USD Billion)
- 6.5 More Than 45 Microns
- 6.5.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by More Than 45 Microns, 2024 – 2033 (USD Billion)
- 6.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Thickness
- Chapter 7. Global Biaxially Oriented Polypropylene (BOPP) Films Market – Application Analysis
- 7.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Application
- 7.1.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market share, By Application , 2022 and – 2033
- 7.2 Food
- 7.2.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Food, 2024 – 2033 (USD Billion)
- 7.3 Beverages
- 7.3.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Beverages, 2024 – 2033 (USD Billion)
- 7.4 Tabaco
- 7.4.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Tabaco, 2024 – 2033 (USD Billion)
- 7.5 Personal Care
- 7.5.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Personal Care, 2024 – 2033 (USD Billion)
- 7.6 Pharmaceutical
- 7.6.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Pharmaceutical, 2024 – 2033 (USD Billion)
- 7.7 Others
- 7.7.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Application
- Chapter 8. Global Biaxially Oriented Polypropylene (BOPP) Films Market – Vertical Analysis
- 8.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Vertical
- 8.1.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market share, By Vertical , 2022 and – 2033
- 8.2 Tenter
- 8.2.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Tenter, 2024 – 2033 (USD Billion)
- 8.3 Tabular
- 8.3.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market by Tabular, 2024 – 2033 (USD Billion)
- 8.1 Global Biaxially Oriented Polypropylene (BOPP) Films Market overview: By Vertical
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- Chapter 9. Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s – Regional Analysis
- 9.1 Global Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s Regional Overview
- 9.2 Global Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s Share, by Region, 2022 & – 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.4 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033
- 9.4.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033 (USD Billion)
- 9.5 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033
- 9.5.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033 (USD Billion)
- 9.6 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033
- 9.6.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033 (USD Billion)
- 9.7 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033
- 9.7.1 North America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.9 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033
- 9.9.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033 (USD Billion)
- 9.10 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033
- 9.10.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033 (USD Billion)
- 9.11 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033
- 9.11.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033 (USD Billion)
- 9.12 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033
- 9.12.1 Europe Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033
- 9.14.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033
- 9.15.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033
- 9.16.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033
- 9.17.1 Asia Pacific Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.19 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033
- 9.19.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033 (USD Billion)
- 9.20 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033
- 9.20.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033 (USD Billion)
- 9.21 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033
- 9.21.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033 (USD Billion)
- 9.22 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033
- 9.22.1 Latin America Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033
- 9.24.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Type, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033
- 9.25.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Thickness , 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033
- 9.26.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Application , 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033
- 9.27.1 The Middle-East and Africa Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s, by Vertical , 2024 – 2033 (USD Billion)
- Chapter 9. Biaxially’s Oriented’s Polypropylene’s (BOPP) Film’s Market’s – Regional Analysis
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- Chapter 10. Company Profiles
- 10.1 Jindal Poly Films Ltd. (India)
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Taghleef Industries Group (UAE)
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Cosmo Films Ltd. (India)
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Uflex Ltd. (India)
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Innovia Films Ltd. (UK)
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Toray Industries Inc. (Japan)
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Treofan Group (Germany)
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Mitsui Chemicals Tohcello Inc. (Japan)
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Biofilm S.A. (Spain)
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Sibur Holding PJSC (Russia)
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Others.
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.1 Jindal Poly Films Ltd. (India)
List Of Figures
Figures No 1 to 33
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Jindal Poly Films Ltd. (India)
- Taghleef Industries Group (UAE)
- Cosmo Films Ltd. (India)
- Uflex Ltd. (India)
- Innovia Films Ltd. (UK)
- Toray Industries Inc. (Japan)
- Treofan Group (Germany)
- Mitsui Chemicals Tohcello Inc. (Japan)
- Biofilm S.A. (Spain)
- Sibur Holding PJSC (Russia)
- Others
FAQs
The key factors driving the Market are Growing Packaging Industry, Sustainable Packaging Demand, E-commerce Boom, Technical Advancements, Bio-based BOPP Films And Specialized Functional Films.
The “Application” category dominated the market in 2022.
The key players in the market are Jindal Poly Films Ltd. (India), Taghleef Industries Group (UAE), Cosmo Films Ltd. (India), Uflex Ltd. (India), Innovia Films Ltd. (UK), Toray Industries Inc. (Japan), Treofan Group (Germany), Mitsui Chemicals Tohcello Inc. (Japan), Biofilm S.A. (Spain), Sibur Holding PJSC (Russia), Others.
“North America” had the largest share in the Biaxially Oriented Polypropylene (BOPP) Films Market.
The global market is projected to grow at a CAGR of 5.7% during the forecast period, 2023-2032.
The Biaxially Oriented Polypropylene (BOPP) Films Market size was valued at USD 32.1 Billion in 2022.