BOPP Films Market Size

Biaxially Oriented Polypropylene (BOPP) Films Market size was valued at USD 15.96 billion in 2023 and is anticipated to exceed USD 27.25 billion by the end of 2036, expanding at over 4.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of BOPP films is evaluated at USD 16.5 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.