Global Polypropylene Packaging Films Market Overview
Polypropylene Packaging Films Market Size was valued at USD 31.1 Billion in 2022. The Polypropylene Packaging Films industry is projected to grow from USD 33.0 Billion in 2023 to USD 52.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2023 - 2032). Increasing middle-class customer discretionary income and demand for the film are contributing to an increase in the product's shelf life, and are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Polypropylene Packaging Films Market Trends
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Growing disposable incomes is driving the market growth
To meet the changing needs of consumers, the packaging industry is always developing. One of the key drivers driving the need for polypropylene packaging films across industries, including food and beverage, consumer goods, industrial goods, and others, is the growth of middle-class populations and growing disposable budgets. The market for polypropylene packaging film is expanding due to the rising need for film to extend product shelf life. Additionally, the simple accessibility of environmentally friendly packaging options contributes to a surge in applications for polypropylene packaging film, supporting the market's expansion. Over the next year, the coronavirus outbreak is anticipated to benefit the packaging sector. It is anticipated that the market for polypropylene packaging, particularly BOPP, which lowers the danger of contamination by limiting exposure, will increase. Additionally, in the event of surface contact, the packaged goods can be easily cleaned while still wearing their packaging.
Ordinary plastic bags are given a gorgeous appearance when BOPP films are coloured and mixed with them. They also act as waterproof, moisture-resistant materials. These bags look great and are used to package more expensive goods like seeds, insecticides, wheat flour, specialty chemicals, etc. The BOPP bags are also made of crystal-clear polyethylene. They seem translucent because to their bi-axial orientation, which makes them excellent for branding by printing on their surfaces. Bags made of BOPP are frequently used for retail packaging. Because of their increased strength due to the biaxial orientation, they are preferred to carry heavier weights. Waterproof BOPP bags are available. They offer substantially longer-lasting protection against moisture for the contents inside. BOPP films have numerous acceptable and useful qualities for packing food ingredients because of the strict criteria for food packaging. With the aid of this film, the container helps to preserve the food's nutritious value until ultimate consumption. These packs ought to have high clarity, transparency, and gloss along with good optical qualities.
One of the main trends seen in the food packaging industry, where the oxygen and moisture barrier is crucial, is the deployment of barrier heat-resistant BOPP films. This film has printing and barrier capabilities, allowing even two-ply laminates to be used in its creation. Thus, driving the Polypropylene Packaging Films market revenue.September 2023:The continued growth of e-commerce led to an increased demand for flexible packaging solutions, positively impacting the polypropylene packaging films market. The need for durable and lightweight films for product protection during shipping fueled this growthOctober 2023:Leading companies in the market invested in research and development to create polypropylene films with improved functionalities. This included innovations in barrier properties, printability, and puncture resistance to enhance product performance
Polypropylene Packaging Films Market Segment Insights
Polypropylene Packaging Films Type Insights
The Polypropylene Packaging Films Market segmentation, based on Type, includes biaxially oriented polypropylene (BOPP) and cast polypropylene (CPP). Biaxially oriented polypropylene (BOPP) segment dominated the global market in 2022. The BOPP offers exceptional clarity, graphic reproduction, and shelf appeal while being moisture resistant. It provides a tonne of flexibility for incorporating printing, laminations, logos, labels, and other branding tools. These elements make it the perfect option for packaging in the food, beverage, and healthcare sectors. Furthermore, the food industry has adopted BOPP widely for the packaging of fresh fruits, vegetables, and meats. The demand for packaged foods will be driven by increased disposable income in emerging nations and technology advancements in online meal delivery. This will increase demand for BOPP even more and support market expansion.
Polypropylene Packaging Films Application Insights
The Polypropylene Packaging Films Market segmentation, based on Application, includes bags & pouches, taps & labels, and others. Bags & pouches segment dominated the global market in 2022. Demand for flexible packaging forms has been consistent over the past ten years, mostly due to significant changes in end-user preferences and factors. Numerous industry verticals continue to look for sustainable packaging solutions with enhanced functionality, which has accelerated the spread of flexible packaging across a wide range of end-use applications.
Polypropylene Packaging Films End Use Insights
The Polypropylene Packaging Films Market segmentation, based on End Use, includes food, beverage, healthcare, industrial, and others. Food segment dominated the Polypropylene Packaging Films Market in 2022. A constant expansion of the food and beverage sector, particularly due to the needs of the middle class's rapidly expanding population. Market operators must look beyond "one-size-fits-all" solutions because the use of polypropylene packaging films in food and beverage applications is opening up a wide range of options. 'Ready-to-eat' and 'easy-to-carry' are two major trends that are developing in the food and beverage industry and are expected to support the parallel market growth of polypropylene packaging films.
Figure 1: Polypropylene Packaging Films Market, by End Use, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Polypropylene Packaging Films Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Polypropylene Packaging Films Market dominated this market in 2022 (45.80%). The demand for the product has increased due to North America's rapidly expanding food and beverage sector. Further, the U.S. Polypropylene Packaging Films market held the largest market share, and the Canada Polypropylene Packaging Films market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: POLYPROPYLENE PACKAGING FILMS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Polypropylene Packaging Films market accounted for the healthy market share in 2022. The increase is the result of increased demand for polypropylene packaging films for use in bags and pouches. Further, the German Polypropylene Packaging Films market held the largest market share, and the U.K Polypropylene Packaging Films market was the fastest growing market in the European region
The Asia Pacific Polypropylene Packaging Films market is expected to register significant growth from 2023 to 2032. The increase is linked to the product's increased demand in the food and healthcare sectors. Moreover, China’s Polypropylene Packaging Films market held the largest market share, and the Indian Polypropylene Packaging Films market was the fastest growing market in the Asia-Pacific region.
Polypropylene Packaging Films Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Polypropylene Packaging Films market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Polypropylene Packaging Films Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Polypropylene Packaging Films Industry to benefit clients and increase the market sector. In recent years, the Polypropylene Packaging Films Industry has offered some of the most significant advantages to medicine. Major players in the Polypropylene Packaging Films market, including MITSUI CHEMICALS AMERICA INC., LyondellBasell Industries Holdings, Blueridge Films, Inc., Cosmo Films Ltd., Polyplex Corporation Ltd., TRINIFLEX, Jindal Poly Films, Profol Group, Manuli Stretch s.p.a, Polibak, and Panverta, are attempting to increase market demand by investing in research and development operations.
Max Speciality Films Limited (MSFL), which was established in 1990, has developed into one of the industry's top suppliers of specialty packaging, labels, coatings and thermal lamination films for the Indian and international markets. With the restructure of Max Group, a $2 billion conglomerate, on January 16, 2016, it hopes to maximise shareholder value, narrow the scope of each enterprise, and encourage partnerships that support "Make in India." As of right now, Max Ventures & Industries Limited (MVIL) is the parent company of MSFL. Modern "R&D centre", BRC "AA" certification, NABL accreditation, ongoing technological advancements, new product development, and a strong dedication to customer service & quality have kept MSFL at the top of the leader board. MSFL has launched the next phase of growth with these major goals in mind, driven by innovation, capacity and portfolio expansion, "best-in-class" customer service, and expanding equity in new markets.
An organization that offers packaging solutions and goods is called Innovia Films Ltd. The business makes plastic packaging items and biaxially oriented polypropylene (BOPP) films. The business provides linerless labels, environmentally friendly labels, packaging made of renewable and biodegradable materials, security films, and tobacco packaging items. For the market for banknotes and securities, it creates polymer substrates. Giant graphic displays, adhesive tapes and labels, as well as specialty packaging for luxury and culinary items, are all uses for these products. It sells its goods under a variety of names, including Rayoface, Rayofoil, RayoForm, and Rayoart. Operating as a division of CCL Industries Inc. is Innovia. In Europe, Asia-Pacific, and the Americas, the corporation has production facilities and sales offices. Innovia's main office is in Wigton, United Kingdom.
Key Companies in the Polypropylene Packaging Films market include
- MITSUI CHEMICALS AMERICA INC.
- LyondellBasell Industries Holdings
- Blueridge Films, Inc.
- Cosmo Films Ltd.
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Polyplex Corporation Ltd.
- TRINIFLEX
- Jindal Poly Films
- Profol Group
- Manuli Stretch s.p.a
- Polibak
- Panverta
Polypropylene Packaging Films Industry Developments
January 2020: CPP Films was introduced by Coveris. The product is made to be adaptable and may be used to package a variety of pet foods, foods, and non-food items. The company will be better able to satisfy client demands from the packaging sector thanks to this launch.
Polypropylene Packaging Films Market Segmentation
Polypropylene Packaging Films Type Outlook
- Biaxially Oriented Polypropylene (BOPP)
- Cast Polypropylene (CPP)
Polypropylene Packaging Films Application Outlook
- Bags & pouches
- Taps & labels
- Others
Polypropylene Packaging Films End Use Outlook
- Food
- Beverage
- Healthcare​
- Industrial​
- Others
Polypropylene Packaging Films Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 31.1 Billion |
Market Size 2023 |
USD 33.0 Billion |
Market Size 2032 |
USD 52.1 Billion |
Compound Annual Growth Rate (CAGR) |
5.90% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application, End Use, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
MITSUI CHEMICALS AMERICA INC., LyondellBasell Industries Holdings, Blueridge Films, Inc., Cosmo Films Ltd., Polyplex Corporation Ltd., TRINIFLEX, Jindal Poly Films, Profol Group, Manuli Stretch s.p.a, Polibak, and Panverta |
Key Market Opportunities |
Escalating environmental issues |
Key Market Dynamics |
The growing need for the film to extend the product's shelf life, as well as the rising middle class's disposable money and population. |
Polypropylene Packaging Films Market Highlights:
Frequently Asked Questions (FAQ) :
The Polypropylene Packaging Films Market size was valued at USD 31.1 Billion in 2022.
The global market is projected to grow at a CAGR of 5.90% during the forecast period, 2023-2032.
North America had the largest share in the global market
The key players in the market are MITSUI CHEMICALS AMERICA INC., LyondellBasell Industries Holdings, Blueridge Films, Inc., Cosmo Films Ltd., Polyplex Corporation Ltd., TRINIFLEX, Jindal Poly Films, Profol Group, Manuli Stretch s.p.a, Polibak, and Panverta
The Biaxially Oriented Polypropylene (BOPP) Type dominated the market in 2022.
The Bags & Pouches Application had the largest share in the global market.