Polypropylene Packaging Films Market By Product Type (BOPP, CPP), By Film Type (Clear Films, Coated Films, Matte Films, White Films, Metallized Films, Others), By Application (Bags & Pouches, Laminations, Tapes, Labels, Wraps, Others) - Growth, Share, Opportunities & Competitive Analysis, 2019 – 2027
Key Market Insight
"Increasing inclination toward flexible packaging will spur the market revenue growth"
The global polypropylene packaging films market accounted for US$ 21.6 Bn in 2018 and is anticipated to grow to US$ 34.7 Bn growing at a CAGR of 6.1% during the forecast period from 2019 to 2027.
Growing inclination towards flexible packaging solutions coupled with the rising food and beverage sector especially in developing regions are having a positive influence on the demand for polypropylene packaging films market. Polypropylene films offer a combination of benefits including recyclability, optical clarity, ease of conformance, lightweight and low costs among others. The rising environmental concerns globally and increasing awareness among people to use sustainable and recyclable packaging solutions are also contributing to the growth of the polypropylene market. Manufacturers are shifting to produce and are investing heavily to increase the production of polypropylene packaging films in order to meet the growing demand from various end-use industries. Additionally, the flexible packaging industry is growing rapidly as it increases shelf life and food safety among others of which polypropylene packaging films are a segment.
Polypropylene packaging films are one of the key components for sustainable packaging solutions. Consumers’ penchant towards sustainable, and recyclable solutions along with the strength and durability of polypropylene packaging films is proliferating the demand of the market.
Product Type Analysis
"BOPP films segment to dominate the market throughout the forecast period"
Based on product type, the polypropylene packaging films market is further classified into BOPP and CPP. BOPP films segment leads the polypropylene films market and accounts for a market share of more than 60% globally. This is due to its moisture-resistant abilities and barrier properties along with increasing research and development activities for BOPP material. Thus bolstering the demand for the global polypropylene packaging films market.
In contrast, the CPP segment is anticipated to observe the highest growth during the forecast period. This most common application of these films are for packaging and lamination owing to its moderate elasticity, machine suitability, moisture-proof properties, and heat sealability among others.
End-use Analysis
"Food & Beverage segment expected to dominate the market during the forecast period"
Based on application, the global polypropylene packaging films market is bifurcated into food & beverages, personal care & cosmetics, electric & electronics, industrial, pharmaceutical & medical, tobacco, and others. The food & beverage segment accounted for the largest market share and held XX% of the market. This can be associated with the inertness, high chemical resistance, low manufacturing costs, and low odor properties approved by the FDA.
Additionally, the pharmaceutical & medical segment also holds a major share of the polypropylene packaging films market owing to the properties such as high heat resistance, tear resistance, moisture-proof, and high puncture & tear resistance among others.
Regional Analysis
"Asia Pacific region dominated the global polypropylene packaging films market"
Asia Pacific region dominates the global polypropylene packaging films market and represents US$ XX Bn in terms of market share and is expected to expand with a CAGR of XX% during the forecast period. This can be attributed to the profound growth of the regional industrial ecosystem such as pharmaceutical & medical, and food & beverage among others. The booming tobacco sector in South Asia region is also having a significant impact on the growth of the market. Additionally, the rising urbanization, changing lifestyle of the consumers such as on-the-go food, and preference for sustainable products in the region are further bolstering the market growth in the region.
On the contrary, the Asia Pacific region is followed by Europe. The European region accounted for a share of more than 22% of the global market. This can be associated with the increasing regulatory norms in the region to develop sustainable packaging solutions and growing consumer awareness regarding environmental health among others.
List of Companies Covered:
- Toray Plastics, Inc.
- Cosmo Films Ltd.
- Vacmet India Ltd.
- Irplast S.p.A
- Polinas Plastik Sanayi ve Ticaret AS
- Profol Kunststoffe GmbH
- Taghleef Industries L.L.C.
- Thai Film Industries Public Company Ltd
- Oben Holding Group S.A.C.
- Rowad National Plastic Co., Ltd.
Key Industry Developments
- In January 2019, Taghleef Industries completed the acquisition of Biofilm to expand its presence in Latin America. With the acquisition, Taghleef has secured a position as the prominent supplier of BOPP films in Latin America. The acquisition increased the production capacity of the company to over 500,000 tons. The company has secured a strong position in the supply chain in Latin America by spreading its production sites in Cartagena, Colombia, and Altamira, Mexico.
Historical & Forecast Period
This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.
Market Segmentation
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | US$ Billion |
| Segmentation |
Product Type Segment (2017–2027; US$ Bn): |
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Film Type Segment (2017–2027; US$ Bn): |
|
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Application Segment (2017–2027; US$ Bn): |
|
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End-use Segment (2017–2027; US$ Bn): |
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Geography Segment (2017–2027; US$ Bn) |
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall Polypropylene Packaging Films market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.
Key questions answered in this report
- What are the current market trends and dynamics in the polypropylene packaging films market and valuable opportunities for emerging players?
- Estimated forecast and market projections up to 2027
- Which segment accounts for the fastest CAGR during the forecast period?
- Which application segment holds a larger market share and why?
- Are low and middle-income economies investing in the polypropylene packaging films market?
- Which is the largest regional market for polypropylene packaging films?
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- The worldwide market value of the Polypropylene Packaging Films market in 2017 and 2018
- Which are the key trends driving the global polypropylene packaging films market growth?
- Who are the leading service providers in the polypropylene packaging films market worldwide?
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Product Type
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Polypropylene Packaging Films (PPF) Market
2.2. Global PPF Market, by Product Type, 2018 (US$ Bn)
2.3. Global PPF Market, by Film Type, 2018 (US$ Bn)
2.4. Global PPF Market, by Application, 2018 (US$ Bn)
2.5. Global PPF Market, by End-use, 2018 (US$ Bn)
2.6. Global PPF Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global PPF Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Polypropylene Packaging Films (PPF) Market, by Product Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. BOPP
4.3. CPP
5. Global Polypropylene Packaging Films (PPF) Market, by Film Type, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Clear Films
5.3. Coated Films
5.4. Matte Films
5.5. White Films
5.6. Metallized Films
5.7. Others
6. Global Polypropylene Packaging Films (PPF) Market, by Application, 2017-2027 (US$ Bn)
6.1. Overview
6.2. Bags & Pouches
6.3. Laminations
6.4. Tapes
6.5. Labels
6.6. Wraps
6.7. Others
7. Global Polypropylene Packaging Films (PPF) Market, by End-use, 2017-2027 (US$ Bn)
7.1. Overview
7.2. Food & Beverages
7.3. Personal Care & Cosmetics
7.4. Electric & Electronics
7.5. Industrial
7.6. Pharmaceuticals & Medical
7.7. Tobacco
7.8. Others
8. North America Polypropylene Packaging Films (PPF) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. North America PPF Market Value and Growth, 2017-2027, (US$ Bn)
8.2. North America PPF Market Value, By Product Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America PPF Market Value, By Film Type, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America PPF Market Value, By Application, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America PPF Market Value, By End-use, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America PPF Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America
9. Europe Polypropylene Packaging Films (PPF) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Europe PPF Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Europe PPF Market Value, By Product Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe PPF Market Value, By Film Type, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe PPF Market Value, By Application, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe PPF Market Value, By End-use, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe PPF Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe
10. Asia Pacific Polypropylene Packaging Films (PPF) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific PPF Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Asia Pacific PPF Market Value, By Product Type, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific PPF Market Value, By Film Type, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific PPF Market Value, By Application, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific PPF Market Value, By End-use, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific PPF Market Value, By Region/Country, 2017-2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific
11. Rest of the World Polypropylene Packaging Films (PPF) Market Analysis, 2017-2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World PPF Market Value and Growth, 2017-2027, (US$ Bn)
11.2. Rest of the World PPF Market Value, By Product Type, 2017-2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World PPF Market Value, By Film Type, 2017-2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World PPF Market Value, By Application, 2017-2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World PPF Market Value, By End-use, 2017-2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World PPF Market Value, By Region, 2017-2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America
12. Company Profiles
12.1. Toray Plastics, Inc.
12.2. Cosmo Films Ltd.
12.3. Vacmet India Ltd.
12.4. Irplast S.p.A
12.5. Polinas Plastik Sanayi ve Ticaret AS
12.6. Profol Kunststoffe GmbH
12.7. Taghleef Industries L.L.C.
12.8. Thai Film Industries Public Company Ltd
12.9. Oben Holding Group S.A.C.
12.10. Rowad National Plastic Co., Ltd.
*List not exhaustive
* PPF - Polypropylene Packaging Films
TABLE 1 Market Snapshot: Global Polypropylene Packaging Films (PPF) Market
TABLE 2 Global PPF Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 3 Global PPF Market, by Film Type, 2017–2027 (US$ Bn)
TABLE 4 Global PPF Market, by Geography, 2017–2027 (US$ Bn)
TABLE 5 North America PPF Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 6 North America PPF Market, by Film Type, 2017–2027 (US$ Bn)
TABLE 7 North America PPF Market, by Application, 2017–2027 (US$ Bn)
TABLE 8 North America PPF Market, by End-use, 2017–2027 (US$ Bn)
TABLE 9 North America PPF Market, by Country, 2017–2027 (US$ Bn)
TABLE 10 Europe PPF Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 11 Europe PPF Market, by Film Type, 2017–2027 (US$ Bn)
TABLE 12 Europe PPF Market, by Application, 2017–2027 (US$ Bn
TABLE 13 Europe PPF Market, by End-use, 2017–2027 (US$ Bn)
TABLE 14 Europe PPF Market, by Country, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific PPF Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 16 Asia Pacific PPF Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific PPF Market, by Film Type, 2017–2027 (US$ Bn)
TABLE 18 Asia Pacific PPF Market, by Application, 2017–2027 (US$ Bn)
TABLE 19 Asia Pacific PPF Market, by End-use, 2017–2027 (US$ Bn)
TABLE 20 Asia Pacific PPF Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 21 RoW PPF Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 22 RoW PPF Market, by Film Type, 2017–2027 (US$ Bn)
TABLE 23 RoW PPF Market, by Application, 2017–2027 (US$ Bn)
TABLE 24 RoW PPF Market, by End-use, 2017–2027 (US$ Bn)
TABLE 25 RoW PPF Market, by Country/Region, 2017–2027 (US$ Bn)
FIG. 1 Global Polypropylene Packaging Films (PPF) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global PPF Market Segmentation
FIG. 4 Global PPF Market, by Product Type, 2018 (US$ Bn)
FIG. 5 Global PPF Market, by Film Type, 2018 (US$ Bn)
FIG. 6 Global PPF Market, by Application, 2018 (US$ Bn)
FIG. 7 Global PPF Market, by End-use, 2018 (US$ Bn)
FIG. 8 Global PPF Market, by Geography, 2018 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key PPF Market Vendors, 2018
FIG. 11 Global PPF Market, by Product Type, 2017–2027 (US$ Bn)
FIG. 12 Global PPF Market, by BOPP, Value, 2017–2027 (US$ Bn)
FIG. 13 Global PPF Market, by CPP, Value, 2017–2027 (US$ Bn)
FIG. 14 Global PPF Market, by Film Type, 2017–2027 (US$ Bn)
FIG. 15 Global PPF Market, by Clear Films, Value, 2017–2027 (US$ Bn)
FIG. 16 Global PPF Market, by Coated Films, Value, 2017–2027 (US$ Bn)
FIG. 17 Global PPF Market, by Matte Films, Value, 2017–2027 (US$ Bn)
FIG. 18 Global PPF Market, by White Films, Value, 2017–2027 (US$ Bn)
FIG. 19 Global PPF Market, by Metallized Films, Value, 2017–2027 (US$ Bn)
FIG. 20 Global PPF Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 21 Global PPF Market, by Application, 2017–2027 (US$ Bn)
FIG. 22 Global PPF Market, by Bags & Pouches, Value, 2017–2027 (US$ Bn)
FIG. 23 Global PPF Market, by Laminations, Value, 2017–2027 (US$ Bn)
FIG. 24 Global PPF Market, by Tapes, Value, 2017–2027 (US$ Bn)
FIG. 25 Global PPF Market, by Labels, Value, 2017–2027 (US$ Bn)
FIG. 26 Global PPF Market, by Wraps, Value, 2017–2027 (US$ Bn)
FIG. 27 Global PPF Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 28 Global PPF Market, by End-use, 2017–2027 (US$ Bn)
FIG. 29 Global PPF Market, by Food & Beverages, Value, 2017–2027 (US$ Bn)
FIG. 30 Global PPF Market, by Personal Care & Cosmetics, Value, 2017–2027 (US$ Bn)
FIG. 31 Global PPF Market, by Electric & Electronics, Value, 2017–2027 (US$ Bn
FIG. 32 Global PPF Market, by Industrial, Value, 2017–2027 (US$ Bn)
FIG. 33 Global PPF Market, by Pharmaceutical & Medical, Value, 2017–2027 (US$ Bn)
FIG. 34 Global PPF Market, by Tobacco, Value, 2017–2027 (US$ Bn)
FIG. 35 Global PPF Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 36 U.S. PPF Market, 2017–2027 (US$ Bn)
FIG. 37 Rest of North America PPF Market, 2017–2027 (US$ Bn)
FIG. 38 U.K. PPF Market, 2017–2027 (US$ Bn)
FIG. 39 Germany PPF Market, 2017–2027 (US$ Bn)
FIG. 40 France PPF Market, 2017–2027 (US$ Bn)
FIG. 41 Italy PPF Market, 2017–2027 (US$ Bn)
FIG. 42 Rest of Europe PPF Market, 2017–2027 (US$ Bn)
FIG. 43 Japan PPF Market, 2017–2027 (US$ Bn)
FIG. 44 China PPF Market, 2017–2027 (US$ Bn)
FIG. 45 India PPF Market, 2017–2027 (US$ Bn)
FIG. 46 Rest of Asia Pacific PPF Market, 2017–2027 (US$ Bn)
FIG. 47 Middle East & Africa PPF Market, 2017–2027 (US$ Bn)
FIG. 48 Latin America PPF Market, 2017–2027 (US$ Bn)
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