BOPP Films Market Share

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 expected to hold largest revenue share by 2036, 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 2036, 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.

Frequently Asked Questions (FAQ)

Worldwide adoption of packaged food is one of the major factors driving the market growth.

The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2021-2029.

Fluctuating quality standard of plastic is one of the major factors estimated to hamper the market growth.

The market in the Asia Pacific region will provide the highest growth opportunities on the back of presence of major key players in the region along with large consumer base for BOPP films.

The major players in the market are B.C. Jindal Group, SRF LIMITED, POLÄ°NAS (Yildiz Holding A.S.), LC Packaging International BV, Polyplex Corporation Limited, Yem Chio Co., Ltd., and others.

BOPP Films Market Share