Polypropylene Packaging Films Market Size, Share & Industry Analysis, By Type (Biaxially Oriented Polypropylene (BOPP), Cast Polypropylene (CPP)), By Application (Bags & pouches, Taps & labels, Others), By End-Use (Food, Beverage, Healthcare?, Industrial?, Others) And Regional Forecast 2023-2030

The polypropylene packaging films are produced through the casting or tubular process. It is ideal for perforation and lamination, owing to its high degree of softness and heat-sealing properties. Moreover, from an industrial perspective, the product offers fine texture, high strength, cost-effectiveness, transparency, dimensional stability, and printability. As a packaging material, it helps to maintain the shelf life of the products and provide food safety. The polypropylene packaging films find their use in bags & pouches and taps & labels, which is majorly utilized in the food, beverage, and healthcare industries.

The BOPP is resistant to moisture and provides graphic reproduction, high clarity, and shelf appeal. It offers immense scope for accommodating prints, laminations, logos, labels, and other tools of branding. These factors make it an ideal packaging choice in the food, beverage, and healthcare industries. Moreover, the high adoption of BOPP can be seen in the food industry for the packaging of fresh vegetables, fruits, and meats. The rising disposable income in emerging economies coupled with technological advancement in the online food delivery will drive the packed food demand. This will further surge the need for BOPP and aid to propel market growth.

However, the growing preference for alternative packaging solutions including polyethylene and aluminum reduces the adoption of polypropylene packaging films in various applications. Hence, this is anticipated to hamper the market growth.

Key Market Driver -

Rising use of BOPP has led to the growth of polypropylene packaging films market

Key Market Restraint -

Availability of alternatives of the product to restrict the market growth

Market Segmentation:

Based on type, the polypropylene packaging films market is segmented into biaxially oriented polypropylene (BOPP) and cast polypropylene (CPP). Based on application, the market is segmented into bags & pouches, taps & labels, and others. Based on end-use, the market is segmented into food, beverage, healthcare, industrial, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the polypropylene packaging films market includes MITSUI CHEMICALS AMERICA INC., LyondellBasell Industries Holdings, Blueridge Films, Inc., Cosmo Films Ltd., Polyplex Corporation Ltd., TRINIFLEX, Jindal Poly Films, Profol Group, Manuli Stretch s.p.a, Polibak, and Panverta.

Key Insights

• Key Emerging Trends – For Major Countries


• Key Developments: Mergers, Acquisition, Partnership, etc.


• Latest Technological Advancement


• Insights on Regulatory Scenarios


• Porters Five Forces Analysis

Regional Analysis:

Asia Pacific is anticipated to witness fastest growth in the polypropylene packaging films market during the forecast period. The growth is attributed to the rising demand for the product in the food and healthcare industries. The rapidly growing food and beverage industry in North America has surged the demand for the product. In Europe, the growth is due to the rising demand for polypropylene packaging films in bags & pouches application. In this region, UK and Germany are the leading countries. The Middle East & Africa is anticipated to witness significant growth, owing to the rising adoption of the product in the taps & label application. 

To gain extensive insights into the market, Request for Customization

Segmentation

Polypropylene Packaging Films Market Developments

• In June 2020, Innovia introduced a recyclable line of BOPP films named Encore. This product will help the company to reduce carbon footprints.


• In January 2020, Coveris launched new CPP Films. The product is designed for flexible packaging of a wide range of pet food, food, and non-food products. This launch will help the company to meet the customer requirements from the packaging industry.


• In June 2018, Max Speciality Films Limited (MSFL) launched its fifth BOPP film manufacturing line (Line 5), significantly raising its capacity from 46.35 KTPA to 80.85 KTPA. The products are designed to meet trends for ultra-high barriers, recyclability, and print receptivity. This will help the company to expand its product line.