Global BOPP Films Market Overview:
BOPP films (Biaxially Oriented PolyPropylene Films) are produced by stretching polypropylene film in both machine direction and transverse direction. Increasing use of flexible packaging can be gauged from changing packaging trends are providing a lucrative opportunity in the growth of the BOPP films market globally.
Growth Drivers
- Increasing Demand from Food Packaging Industry Globally
- Adoption of Environment-Friendly Products
- Surging Global Trade
Roadblocks
- BOPP Sealing is Poor in Nature
Opportunities
- The Growth in Demand of Recyclable Products
- Increasing Usage of Standard BOPP Films for Electrical Applications, printing and lamination
Challenges
Competitive Landscape:
High competition, need for labelling of quality, quantity and price of goods according to government prescribed norms and preference for packed goods are some reason that has resulted in innovation and introduction of advanced technology in the packaging industry globally.
Some of the key players profiled in the report are Stratasys, Ltd. (Israel), Exone (United States), DSM (The Netherlands), Cosmo Films Ltd. (India), DuPont (United States), DAELIM (South Korea), Uflex Limited (India), LG Chem Ltd. (South Korea), taulman3D LLC (United States) and Orbi-Tech (Germany). Additionally, following companies can also be profiled that are part of our coverage like MATTERHACKERS (United States), Materialise NV (Belgium) and HUBS (Netherlands). Analyst at AMA Research see Global Vendors to retain maximum share of Global BOPP Films market by 2026. Considering Market by Industry Vertical, the sub-segment i.e. Food Industry will boost the BOPP Films market.
"Meets the requirements stipulated in IS 10910 on ‘Specification for Polypropylene and its Copolymers for safe use in contact with foodstuff, pharmaceuticals, and drinking water’. Additives incorporated in this grade conform to the positive list of constituents as prescribed in IS 10909. The grade and the additives incorporated in it also comply with the FDA:CFR Title 21,177.1520, Olefin polymers"
What Can be Explored with the BOPP Films Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global BOPP Films Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in BOPP Films
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global BOPP Films market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in BOPP Films market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes BOPP Films Manufacturers, Raw Material Suppliers, BOPP Films Distributors/Suppliers, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.