세계의 이축연신 폴리프로필렌(BOPP) 필름 시장 예측 : 제품별, 기술별, 용도별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Biaxially Oriented Polypropylene (BOPP) Films Market is accounted for $16.75 billion in 2024 and is expected to reach $21.84 billion by 2030 growing at a CAGR of 6.2% during the forecast period. Biaxially Oriented Polypropylene (BOPP) films are thin, flexible sheets made from polypropylene polymer. They undergo a biaxial orientation process, where the polymer molecules are stretched simultaneously in two directions, lengthwise and widthwise. This stretching enhances the film's strength, clarity, and stiffness while maintaining flexibility. They are known for their high tensile strength, dimensional stability, and resistance to punctures, making them a popular choice in various industries for packaging solutions.

According to the Environmental Protection Agency (EPA), the United States produced 292.4 million tonnes of solid municipal waste, additionally, more than 18% of American landfills contained plastic waste in 2018.

Market Dynamics:

Driver:

Rapid urbanization and changing lifestyles

As urban populations increase, there's a surge in demand for packaged goods, particularly in the food and beverage sectors. BOPP films, with their excellent barrier properties, clarity, and heat-sealing capabilities, meet the evolving packaging needs of consumers and manufacturers alike. Additionally, the shift towards on-the-go consumption and ready-to-eat products further boosts the demand for flexible and lightweight packaging solutions, contributing to the expansion of the BOPP films market.

Restraint:

Stringent regulatory standards

BOPP films face stringent regulatory standards due to concerns regarding food safety, environmental impact, and recycling. Compliance with these standards requires substantial investment in research, testing, and manufacturing processes, potentially increasing production costs. Additionally, stringent regulations may limit the use of certain additives and chemicals in BOPP film production, constraining innovation and product development. These factors collectively hinder market growth by raising operational expenses and limiting product diversification.

Opportunity:

Rising popularity of sustainable packaging

BOPP films offer eco-friendly packaging alternatives due to their recyclability, lightweight nature, and energy-efficient manufacturing process. As consumers become more environmentally conscious, industries are increasingly adopting BOPP films to meet sustainability goals. Additionally, BOPP films provide excellent barrier properties, enhancing the shelf life of packaged goods and reducing food waste. This trend has driven the expansion of the BOPP films market, with manufacturers investing in innovative, sustainable packaging solutions to meet evolving consumer preferences.

Threat:

Limited heat resistance

BOPP films have limited heat resistance due to their relatively low melting point compared to other polymers. This limitation can hamper market growth as it restricts their use in applications requiring high-temperature resistance, such as packaging for hot-fill products or microwaveable packaging. Consequently, manufacturers may opt for alternative materials with higher heat resistance, potentially limiting the market share and growth potential of BOPP films in certain sectors.

Covid-19 Impact

The covid-19 pandemic initially disrupted the biaxially oriented polypropylene (BOPP) films market, causing supply chain disruptions, reduced demand from end-user industries, and logistical challenges. However, the market demonstrated resilience due to the essential nature of packaging materials, especially for food and pharmaceuticals. Increased e-commerce activities and demand for packaged goods for home consumption further supported market recovery, albeit with ongoing challenges in supply chain management and fluctuating demand.

The heat sealable segment is expected to be the largest during the forecast period

The heat sealable segment is estimated to have a lucrative growth. Heat sealable BOPP films offer versatile packaging solutions. Their high clarity, stiffness, and excellent heat-sealing properties make them ideal for food packaging, labels, and overwraps. BOPP films are produced through a biaxial orientation process, enhancing their mechanical properties and heat resistance. They provide barrier protection against moisture, gases, and odours, ensuring product freshness and shelf life. These films are widely used in various industries due to their cost-effectiveness and performance.

The packaging segment is expected to have the highest CAGR during the forecast period

The packaging segment is anticipated to witness the highest CAGR growth during the forecast period, due to their excellent properties. These films are highly transparent, have good stiffness, and offer superior moisture barrier properties, making them ideal for packaging various products such as snacks, confectionery, and personal care items. BOPP films are also printable, allowing for attractive branding and labeling. Additionally, their high tensile strength and puncture resistance ensure product protection during transportation and storage. Overall, BOPP films play a crucial role in ensuring the quality and shelf-life of packaged goods across diverse industries.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period driven by rapid industrialization, urbanization, and a burgeoning population. Growing demand for packaged foods, beverages, and consumer goods in countries like China, India, and Southeast Asian nations propels market growth. Additionally, increasing disposable incomes, changing consumer lifestyles, and expanding retail sectors fuel demand for BOPP films. Overall, the Asia Pacific BOPP films market is poised for steady expansion amidst evolving consumer preferences and market dynamics.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period. The region's market is characterized by technological advancements, stringent regulations promoting sustainable packaging solutions, and the presence of key players focusing on product innovation and expansion strategies. Factors such as growing e-commerce activities and rising consumer preference for convenient and sustainable packaging solutions are further fueling market growth. Additionally, heightened awareness regarding environmental concerns is encouraging the adoption of recyclable and eco-friendly BOPP films in the region.

Key players in the market

Some of the key players profiled in the Biaxially Oriented Polypropylene (BOPP) Films Market include Amcor Limited, Mitsui Chemicals Inc., Dunmore Corporation, SRF Limited, Toray Plastics Inc., CCL Industries Inc., TOPPAN Inc., Mondi Group, Manucor S.p.A., Cosmo Films Limited, Sibur Holdings, Uflex Limited, Exxon Mobil Corporation, Profol GmbH, The Dow Chemical Company, Borealis AG and Inteplast Group.

Key Developments:

In March 2024, TOPPAN Inc. and TOPPAN Speciality Films Private Limited (TSF) launched production and sales of GL-SP, a barrier film made from BOPP. GL-SP is part of TOPPAN's GL BARRIER series of transparent vapour-deposited barrier films, which are used for sustainable packaging.

In December 2021, Cosmo Films launched an enhanced barrier metallized BOPP film designed for packaging applications. The film has high moisture and oxygen barrier properties, and a high metal bond.

Products Covered:

• Transparent Films
• Metallized Films
• Pearlized Films
• White Opaque Films
• Solid Films
• Heat Sealable Films
• Other Products

Technologies Covered:

• Tenter Technology
• Tubular Technology

Applications Covered:

• Labelling
• Lamination
• Printing
• Packaging
• Other Applications

End Users Covered:

• Food & Beverage Industry
• Pharmaceuticals
• Cosmetics & Personal Care
• Consumer Goods
• Electrical & Electronics
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 End User Analysis
• 3.10 Emerging Markets
• 3.11 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Biaxially Oriented Polypropylene (BOPP) Films Market, By Product

• 5.1 Introduction
• 5.2 Transparent Films
• 5.3 Metallized Films
• 5.4 Pearlized Films
• 5.5 White Opaque Films
• 5.6 Solid Films
• 5.7 Heat Sealable Films
• 5.8 Other Products

6 Global Biaxially Oriented Polypropylene (BOPP) Films Market, By Technology

• 6.1 Introduction
• 6.2 Tenter Technology
  • 6.2.1 Sequential Tenter
  • 6.2.2 Simultaneous Tenter
• 6.3 Tubular Technology

7 Global Biaxially Oriented Polypropylene (BOPP) Films Market, By Application

• 7.1 Introduction
• 7.2 Labelling
• 7.3 Lamination
• 7.4 Printing
• 7.5 Packaging
• 7.6 Other Applications

8 Global Biaxially Oriented Polypropylene (BOPP) Films Market, By End User

• 8.1 Introduction
• 8.2 Food & Beverage Industry
• 8.3 Pharmaceuticals
• 8.4 Cosmetics & Personal Care
• 8.5 Consumer Goods
• 8.6 Electrical & Electronics
• 8.7 Other End Users

9 Global Biaxially Oriented Polypropylene (BOPP) Films Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Amcor Limited
• 11.2 Mitsui Chemicals Inc.
• 11.3 Dunmore Corporation
• 11.4 SRF Limited
• 11.5 Toray Plastics Inc.
• 11.6 CCL Industries Inc.
• 11.7 TOPPAN Inc.
• 11.8 Mondi Group
• 11.9 Manucor S.p.A.
• 11.10 Cosmo Films Limited
• 11.11 Sibur Holdings
• 11.12 Uflex Limited
• 11.13 Exxon Mobil Corporation
• 11.14 Profol GmbH
• 11.15 The Dow Chemical Company
• 11.16 Borealis AG
• 11.17 Inteplast Group