The global BOPP films market size is projected to grow from USD 24.26 billion in 2020 to USD 31.42 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast year. 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.
The BOPP films market has been dominated by large players, such as Cosmo Films (India), Taghleef Industries (UAE), CCL Industries (Canada), Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey). These players have adopted various growth strategies, such as acquisitions, investments, and expansions, to increase their market shares and enhance their product portfolios.
To know about the assumptions considered for the study download the pdf brochure
Expansions accounted for the largest share of all the strategic developments that took place in the BOPP films market between 2017 and 2020. Key players such as Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey) adopted these strategies enhance their market presence and strengthen their manufacturing and distribution capabilities in the BOPP films industry.
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 R&D capabilities, with several R&D 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).
Request for Sample Reort: https://www.marketsandmarkets.com/requestsampleNew.asp?id=249521924
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/bopp-films-market-249521924.html