BOPP Films Market Trends

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.

The market in Asia Pacific is anticipated to hold the largest market share throughout the forecast period on account of growing demand for BOPP films amongst various end-user industries such as food & beverages, medicine and personal care goods among others, for packaging their manufactured products. 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 is anticipated to hold a significant market share by the end of 2029, 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. According to the data by the U.S. Environment Protection Agency (EPA), 292.4 million tons of solid municipal waste was generated in 2018. Moreover, plastic wastes accounted for more than 18% of the landfills in the U.S., in 2018.

The global BOPP films market is further classified on the basis of regions as follows:

• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis.
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis.
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis.
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
• Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.