Los Angeles, CA -- (SBWIRE) -- 11/01/2018 -- This report focuses on the global BOPP Films for Packaging status, future forecast, growth opportunity, key market and key players. The study objectives are to present the BOPP Films for Packaging development in United States, Europe and China.

The global packaging industry is moving towards a new trend and players are replacing cellophane, waxing paper, and aluminum foils with BOPP films. This trend is expected to gain traction in the coming years owing to the fact that BOPP films are more flexible and also facilitate faster packaging with advanced sealing properties as compared to other packaging materials. This has impelled manufacturers to come up with new techniques pertaining to the production of BOPP films in order to cater to the demand of various industries.

BOPP films have even lower density than Polypropylene. The low density leads to higher yield than films of other plastics. This permits BOPP films to be more cost effective than substitutes. Additionally, the rising demand for an enhanced shelf life of food products has resulted in a greater demand for high moisture barriers in packaging films. This is further projected to boost sales of BOPP films for packaging in the coming years.

Regions such as Western Europe and North America embody the mature markets for BOPP packaging films. Nevertheless, the global market has been perceiving outstanding growth in emerging economies such as China and India fueled by the expansion of the flexible packaging industry in these countries. Moreover, other Asian countries such as Vietnam and Myanmar have been experiencing strong growth in their flexible packaging industries. This is likely to facilitate the growth of the Asia Pacific BOPP films for packaging market over the course of the forecast period. The rising preference for flexible packaging solutions can be attributed to the growing desire for convenience packaging among several industries.

In 2017, the global BOPP Films for Packaging market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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The key players covered in this study

Toray Plastics

Profol

Uflex

Cosmo Films

Ampacet Corporation

Manucor

Dunmore Corporation

INNOVIA

Jindal Films Americas

Vibac

Treofan

SIBUR

Impex Global

FlexFilm

Gettel Group

FuRong

Kinlead Packaging

FSPG

Market segment by Type, the product can be split into

Wraps

Bags and Pouches

Tapes

Labels

Printing and Lamination

Market segment by Application, split into

Food and Beverage

Personal Care & Cosmetics

Pharmaceuticals

Tobacco Packaging

Electrical & Electronics

Industrial

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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