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Global Biaxially Oriented Polypropylene Films Market 2016-2020

About Biaxially Oriented Polypropylene

BOPP stands for biaxially oriented polypropylene (PP). It is a thermoplastic polymer and is widely used in packaging. PP is a derivative of petroleum and consists of carbon and hydrogen atoms only. The global demand for BOPP films is steadily growing. BOPP films have gained popularity in the global market because of their sealability, stiffness, transparency, twist retention, and barrier properties. These films are UV resistant and have smooth surfaces with good clarity and excellent chemical and abrasion resistance properties.

Technavio’s analysts forecast the global biaxially oriented polypropylene (BOPP) films market to grow at a CAGR of 6.4% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global biaxially oriented polypropylene (BOPP) films market for 2016-2020. To calculate the market size, the report contains the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market. The report also discusses the major drivers affecting market growth and the challenges faced by the vendors and the market as a whole. It also explores key emerging trends and their influence on current and future market scenarios.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Biaxially Oriented Polypropylene (BOPP) Films Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Formosa Plastics
  • Jindal Poly Films
  • Taghleef Industries
  • Treofan Group
Other prominent vendors
  • Chiripal Poly Films
  • Cosmo Films
  • Guangdong Decro Film New Materials
  • D.K. Enterprises
  • Flex Film
  • Futamura Chemical
  • GMP
  • Inteplast Group
  • Ipak
  • Irplast
  • Jiangsu Kangde Xin Composite Material
  • Jiangsu Shenda Group
  • Jiangsu Shuangliang Packaging
  • Max Speciality Films
  • Mondi
  • SRF
  • Transilwrap
  • Viam Films
  • Vibac
  • Vitopel
Market driver
  • High food safety and hygiene standards
  • For a full, detailed list, view our report
Market challenge
  • Challenges pertaining to investment and production
  • For a full, detailed list, view our report
Market trend
  • Demand for new packaging options
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Biaxially Oriented Polypropylene (BOPP) Films Market 2016-2020

Technavio recognizes the following companies as the key players in the global biaxially oriented polypropylene (BOPP) films market: Formosa Plastics, Jindal Poly Films, Taghleef Industries, and Treofan Group.

Other Prominent Vendors in the market are: Chiripal Poly Films, Cosmo Films, Guangdong Decro Film New Materials, D.K. Enterprises, Flex Film, Futamura Chemical, GMP, Inteplast Group, Ipak, Irplast, Jiangsu Kangde Xin Composite Material, Jiangsu Shenda Group, Jiangsu Shuangliang Packaging, Max Speciality Films, Mondi, SRF, Transilwrap, Viam Films, Vibac, and Vitopel.

Commenting on the report, an analyst from Technavio’s team said: “Cost reduction and convenience will be a key trend for market growth. The global BOPP films market is trending toward producing cost-effective films that have longer shelf lives. The food product and non-food product packaging industries are increasingly using BOPP films for packaging as these films provide longer shelf life and are cost-effective. BOPP films are produced using low-cost methods and are convenient for use in the packaging of food products, personal care products, and pharmaceutical products. Consumers tend to prefer products with flexible packaging, which has been possible with the use of BOPP films, particularly in the food and consumer goods segments.”

According to the report, rise in demand for packaged food will be a key driver for market growth. The global packaged food market will grow at a CAGR of 4.54% during the forecast period. This will have a positive impact on the global BOPP films market as consumers are becoming conscious about the way food products are being packaged. They are looking for cost-effective methods of food preservation, which are possible with improved packaging options. BOPP films offer high barrier properties, cost-effectiveness, and durability and are, thus, extensively used in food packaging. BOPP films can be coated to act as excellent barriers to aroma, oxygen, and moisture vapor and retain the freshness of food products such as bakery products.

Further, the report states that volatility in raw material prices will be a challenge against the market growth. The oil and gas industry is the principal supplier of raw material for the BOPP films market. Therefore, volatility in crude oil prices severely affects the price of raw materials, escalating the cost of producing BOPP films. Uncertain economic conditions in raw material markets cause volatility in raw material prices. When there is a positive sentiment in raw material markets, demand fluctuations are less. This provides ample opportunity for the growth of the raw materials markets and boosts the sales of the products offered by the end-user industries.

Companies Mentioned

Formosa Plastics, Jindal Poly Films, Taghleef Industries, Treofan Group, Chiripal Poly Films, Cosmo Films, Guangdong Decro Film New Materials, D.K. Enterprises, Flex Film, Futamura Chemical, GMP, Inteplast Group, Ipak, Irplast, Jiangsu Kangde Xin Composite Material, Jiangsu Shenda Group, Jiangsu Shuangliang Packaging, Max Speciality Films, Mondi, SRF, Transilwrap, Viam Films, Vibac, Vitopel.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global BOPP films market segmentation
      • Table Segmentation of BOPP films market by application
      • Table Segmentation of global BOPP films market by type
      • Table Segmentation of global BOPP films market by technology
      • Table Segmentation of global BOPP films market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
      • Table Four general steps for producing ready-to-ship BOPP films
    • Advantages
      • Table Advantages of BOPP films
    • Properties of BOPP films
    • Product segmentation
      • Table Segmentation of global BOPP films market by product
  • Market landscape
    • Market outlook and forecast
      • Table Global BOPP films market 2015-2020 (million metric tons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Overview
      • Table Global BOPP films market by application 2015
      • Table Global BOPP films market by application 2020
      • Table CAGR (%), market share (%), and volume (million metric tons) 2015
    • BOPP films market in food packaging
      • Table Global BOPP films market in food packaging 2015-2020 (million metric tons)
    • BOPP films market in non-food packaging
      • Table Global BOPP films market in non-food packaging 2015-2020 (million metric tons)
    • BOPP films market in others
      • Table Global BOPP films market in others 2015-2020 (million metric tons)
  • Market segmentation by type
    • Table Global BOPP films market by type 2015
  • Market segmentation by technology
    • Overview
  • Geographical segmentation
    • Overview
      • Table Global BOPP films market by geography 2015
      • Table Global BOPP films market by geography 2020
      • Table CAGR (%), market share (%), and volume (million metric tons) 2015
    • BOPP films market in APAC
      • Table BOPP films market in APAC 2015-2020 (million metric tons)
    • BOPP films market in EMEA
      • Table BOPP films market in EMEA 2015-2020 (million metric tons)
    • BOPP films market in Americas
      • Table BOPP films market in Americas 2015-2020 (million metric tons)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Rise in demand for packaged food
      • Table Global packaged food market 2015-2020 ($ trillions)
    • High food safety and hygiene standards
    • Growth in disposable incomes
      • Table Gross domestic product per capita of 10 emerging countries 2015-2020 ($)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Volatility in raw material prices
      • Table Europe brent spot price free on board 2010-2015 ($ per barrel)
    • Challenges pertaining to investment and production
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Cost reduction and convenience
    • Preference over other films
    • Demand for new packaging options
  • Vendor landscape
    • Competitive scenario
      • Table Production capacities
      • Table Global BOPP films market share 2015
    • Porter's generic strategy
      • Table Porter's generic strategy
    • Competitive advantage
      • Table Anticipated competitive advantage in forecast period
    • Value chain
      • Table Value chain of BOPP films
    • Global customer base concentration
      • Table Global BOPP films market: Concentration of customer base by geography
    • Key market vendors
      • Table Key market vendors 2015
    • Other prominent vendors
    • Formosa Plastics
      • Table Formosa Plastics: Business segmentation
      • Table Formosa Plastics: Product offering
    • Jindal Poly Films
      • Table Jindal Poly Films: Product segmentation
    • Taghleef Industries
      • Table Taghleef Industries: Key product segments
    • Treofan Group
      • Table Treofan: Key market segments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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