Bi-axially Oriented Polypropylene (BOPP) Market : Size, Share and Industry Growth 2017 – 2025

Global BOPP Market: Overview

Bi-axially oriented polypropylene (BOPP) films have been available in the global market for nearly four decades and are now extensively used in place of aluminum foil, cellophane, and waxed paper across a number of applications. Owing to their superior strength, excellent printability, clarity, flatness, and light weight, BOPP films have become indispensable in the packaging industry and are used for packaging a variety of consumer products such as foods and beverages, textiles, garments, stationary, and textiles. The production of BOPP films is safe and energy efficient. BOPP films can be recycled and reprocessed into products for a number of new applications.

Global BOPP Market: Key Trends

The increasing use of BOPP in flexible packaging is the key driver of the global BOPP market. In the past few years, the global demand for flexible packaging has increased at a significant pace owing to demand from industries such as food and beverages, pharmaceuticals, and personal care, consequently boosting the consumption of BOPP on a global front. In the next few years as well, the thriving market for flexible packaging will boost the global uptake of BOPP.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1580

However, the fluctuating costs of crude oil, which is one of the primary raw materials for polypropylene, are expected to impact the costs of BOPP and thus the profitability of players operating in the highly competitive market.

Global BOPP Market: Regional Analysis

The Asia Pacific market for bi-axially oriented polypropylene presently holds the dominant share in the global market, leading other regional markets by a sizeable margin. The Asia Pacific BOPP market is also expected to achieve growth at a considerable pace over the next few years owing to the high demand for BOPP in the packaging and labelling industries.

China is the leading consumer of BOPP products and is expected to account for a considerable share in the revenue of the global market throughout the report’s forecast period. In regions such as Middle East and Africa and Latin America, the demand for BOPP products is expected to rise owing to the expansion of the food and beverages industry and increased consumption of packed products.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1580

Global BOPP Market: Market Potential

Asia Pacific being the most promising investment grounds for the BOPP industry, BOPP manufacturers are increasingly focusing on strengthening their grip on the regional market, through extension of production capacities of already present facilities or installing new ones in countries such as India and China. Cosmo Films, one of the leading companies in the global BOPP market, followed suit with its recent announcement of production capacity expansion by 40% at one of its plants in India. With this expansion, the company aims at catering to both domestic and export markets.

Global BOPP Market: Competitive Analysis

The global BOPP market features an exceedingly fragmented vendor landscape, with none of the top vendors accounting for a significant share in the overall market. The presence of a large number of small and large manufacturers has led to extreme cost competitiveness in the market, which is expected to further intensify owing to the entry of a large number of local players in the near future. Large vendors will also catalyze price wars in the market through economies of scale.

Read Comprehensive Overview of Report@ https://www.tmrresearch.com/bi-axially-oriented-polypropylene-market.html

Some of the leading players operating in the global BOPP market are Taghleef Indsutries, Jindal Poly Films, Vibac Group S.p.A., Vibac Group, Poligal S.A., Cosmo Films, Oben Group, Vitopel, Zubairi Plastic Bags Industry LLC, Futamura Chemical Co., Ltd., Treofan Group, Innovia Films, Manucor S.p.A., Kopafilm Elektrofolien GmbH, Rowad Global Packaging Co. Ltd., Chemosvit A.S., Dunmore Corporation, Oben Holding Group, Xpro India Limited, Cosmos Films Ltd., Uflex Ltd., Polyplex Corporation Limited, Tempo Group, SRF Limited, and Biaxplen Ltd.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments

  • Market trends and dynamics

  • Supply and demand chain of the market

  • Market valuation (revenue and/or volume)

  • Key trends/opportunities/challenges

  • Forces defining present and estimated future state of the competitive landscape

  • Technological developments

  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments

  • Market trends and dynamics

  • Supply and demand chain of the market

  • Market valuation (revenue and/or volume)

  • Key trends/opportunities/challenges

  • Forces defining present and estimated future state of the competitive landscape

  • Technological developments

  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market

  • Recent developments in the market’s competitive landscape

  • Detailed analysis of market segments up to second or third level of segmentation

  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume

  • Key business strategies adopted by influential market vendors

  • Outline of the regulatory framework surrounding and governing numerous aspects of the market

  • Growth opportunities in emerging and established markets

  • Recommendations to market players to stay ahead of the competition

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

Rohit Bhisey

Head – Internet Marketing

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

Leave a Reply