In-Depth Exploration of the BOPET Packaging Films Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global BOPET Packaging Films Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global BOPET Packaging Films Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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BOPET (Biaxially Oriented Polyethylene Terephthalate) refers to polyester film. BOPET films are made from polyethylene terephthalate (PET). BOPET films are used across Food, Beverages, and cosmetics sectors due to its high tensile strength, chemical and dimensional stability, transparency, gas and aroma barrier properties and electrical insulation. Growing food and beverages sector and growing demand for durable packaging solutions are key drivers for the growth of BOPET Packaging Films market. For instance, according to global database Management company Statista- as of 2020, the global market for non-alcoholic drinks was estimated at USD 1.03 trillion and as per projections by the year 2025 the market would amount to USD 1.44 trillion.
In recent events in September 2020, Cosmo Films Ltd., Indian multinational developer of specialty films for packaging, lamination & labeling applications has developed a novel BOPP based clear thermal lamination antimicrobial films. The antimicrobial technology used in this packaging prevents bacterial infections on packaged items. Furthermore, in November 2021 UFlex has started its new BOPET film manufacturing plant in Nigeria with a production capacity of 45,000 tons per annum. Also, with rapid advancement in Packaging Films and increasing demand for flexible packaging solution from end use verticals such as Cosmetics, Food and Beverages industries, the adoption & demand for BOPET Packaging Films is likely to increase the market growth during the forecast period. However, rising consciousness towards environmental concerns and disruptions in the global supply chain due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global BOPET Packaging Films Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing demand for packaged food products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing fast food product chains in the region would create lucrative growth prospects for the BOPET Packaging Films Market across Asia-Pacific region.
Major market player included in this report are:
Jindal Poly Films Limited
Uflex Ltd.
SRF Limited
Mitsubishi Polyester Film, Inc.
Futamura Chemical Co. Ltd.
RETAL Industries Ltd.
Fatra A.S
DuPont Teijin Films U.S. Limited
Polyplex Corporation Ltd.
Ester Industries Limited
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Thickness:
Below 15 Micron BOPET Packaging Films
15-30 Micron BOPET Packaging Films
30-50 Micron BOPET Packaging Films
Above 50 Micron BOPET Packaging Films
By Application:
Labels
Tapes
Wraps
Bags & Pouches
Laminates
By End Use Industries:
food
Beverages
Cosmetics & Personal Care
Electrical & Electronics
Pharmaceuticals
Other Industrial
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global BOPET Packaging Films market, including:
- What can be expected for the BOPET Packaging Films market in the next decade?
- What are the primary drivers of growth in the global BOPET Packaging Films market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the BOPET Packaging Films market vary based on the size of the end market?
- What is the breakdown of BOPET Packaging Films by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the BOPET Packaging Films market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global BOPET Packaging Films Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the BOPET Packaging Films Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the BOPET Packaging Films Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the BOPET Packaging Films Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the BOPET Packaging Films Market.
Our BOPET Packaging Films Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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