Biaxially Oriented Polypropylene (BOPP) Films Market size was valued at USD 16.63 billion in 2024 and is set to exceed USD 28.39 billion by 2037, expanding at over 4.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of BOPP films is evaluated at USD 17.22 billion.
The biaxially oriented polypropylene (BOPP) films Market is owing to its wide application in food packaging backed by its inherent moisture barrier properties, sealing ability, and durability. These films also increases the shelf life and enhances the on-shelf appeal of the packaged product, which tends to be a limitation with the cling films. The rising trend of flexible plastic packaging combined with the need for contamination resistant food packaging, especially due to the growing concern for the COVID 19 pandemic, is estimated to drive the market growth. Moreover, BOPP films can be recycled multiple times, are biodegradable and non-toxic. Increasing use of BOPP is estimated to reduce plastic waste, which in turn, is anticipated to boost the market growth throughout the forecast period. It is estimated that over 100 million tons of plastic is consumed worldwide each year.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
4.2% |
Base Year Market Size (2024) |
USD 16.63 billion |
Forecast Year Market Size (2037) |
USD 28.39 billion |
Regional Scope |
|
The global biaxially oriented polypropylene (BOPP) films market is segmented by material type into silica-based, aluminum-based, polymer-based, and others, out of which, the polymer based segment is estimated to hold the largest share during the forecast period owing to its highly inert chemical properties, moisture barrier properties and sealing ability. Ethylene vinyl alcohol (EVOH) is a copolymer, commonly used as an oxygen barrier in food packaging. Owing to its moldable, flexible, printable and protective properties, EVOH is the most prominently used polymer for manufacturing BOPP films.
On the basis of end-users, the fast-moving consumer goods segment is estimated to garner the largest share by the end of 2029 on account of increasing demand for packaged consumer goods. The modern fast paced lifestyle has resulted in an elevated consumption of ready-to-eat food and pre-packaged drinks over freshly cooked food. This, as a result, is raising the need amongst the food manufacturers to increasingly use BOPP films for the packaging of such food products, which is anticipated to contribute to the growth of the segment.
Our in-depth analysis of the global market includes the following segments
By Material Type |
|
By Product Type |
|
By Application
|
|
By End-User Industry |
|
On the basis of regional analysis, the global BOPP films market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region.
APAC Market Statistics
Asia Pacific industry is set to dominate majority revenue share by 2037, on account of growing demand for BOPP films amongst various end-user industries such as food & beverages, medicine, and personal care goods, among others. Moreover, presence of leading market players in countries, such as India and China, owing to the low manufacturing costs of the product and availability of cheap labor in the region is estimated to drive the growth of the market.
North America Market Analysis
North America is anticipated to hold a significant market share by the end of 2037, on the back of growing demand for packaging materials in the pharmaceutical industry. Furthermore, the increasing government initiatives to curb the issues of solid wastes generated from single-use plastics, is estimated to encourage the demand for BOPP films among the end-users in the region.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?