According to ChemAnalyst report, “Europe BOPP Film Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, The Europe BOPP Film market is expected to grow at a CAGR of 4.19% reach 2200 thousand tonnes during the forecast period and by 2032. The continuous rising demand from Food Packaging, Tobacco Packaging, Non-Food Packaging, and Industrial end-use industries, is expected to swell up the demand for the BOPP Film market in the forecast period.
BOPP film is biaxially orientated and has good mechanical and physical qualities. It is made of PP polymer, a linear, thermoplastic polypropylene resin, and is clear, flexible, transparent, or translucent. Depending on the needs of the final usage, BOPP film is commercially available in a range of widths, thicknesses, and characteristics. The BOPP film possesses traits such as excellent surface gloss, good grip and anti-static, and excellent moisture barrier. Due to the rising demand for various packaged food products, including pasta, confectionery, biscuits/bakery, snacks, and pasta, food packaging will continue to be the most common application over the projection period. Flexible packaging is crucial for reducing beverage and product waste and allows online retailers to strengthen their packaging to enhance the e-commerce experience. BOPP film, which is widely used in this industry, ensures seal integrity due to its minimal gauge spread. Milk and dairy products need to be carefully stored and protected from light and air. Dairy production is also increasing, which is fuelling the BOPP film market’s steady growth.
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With the increased need for packaging for foods and beverages, the packaging industry is mostly accountable for the rising demand. The rise of BOPP films is being positively impacted by the expansion of e-commerce operations in the region, which seek for high-quality packaging materials. The demand for BOPP films in the continent is also influenced by the rising need for flexible films in the electrical and electronic industries. The rise of films is being further boosted during the anticipated period by expanding personal care spending and rising per capita income across different regions of Europe.
The Europe BOPP Film market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the Europe BOPP Film market is segmented into Food Packaging, Tobacco Packaging, Non-Food Packaging, Industrial, and Others. Among these, the Food Packaging is consuming the majority of BOPP Film and consumed approximately 60% of the market in 2022 and is likely to maintain its dominance in the forecast period. Markets including the increased popularity of snacks, cakes, bread, ready-to-eat packaged food sources, frozen food, and sweets are driving up demand for BOPP in packaging.
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“Europe BOPP Film Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032” Significant players in the Europe BOPP Film market are Treofan Germany GmbH & Co. KG (Treofan Holdings GmbH), Innovia Films Ltd, Treofan Italy S.p.A, Flexpol Sp. z o.o., JPF Netherlands B.V, Jindal Films Europe Virton srl, Taghleef Industries S.L, Taghleef Industries Spa, VIBAC S.p.A., Plastchim-TM, Biaxplen Ltd., Manucor S.p.A., Polibak Plastik Film A.S, Polinas Plastik San ve Tic, and Others.
“Constantly increasing demand for BOPP Film for packaging for Food, Tobacco, Non-Food, and Industrial, is anticipated to fuel the market growth rate of BOPP films in Europe in the forecast period till 2032. Fast-paced modernization and urbanization demands for ready-to-eat products and snacks, which is likely to create a higher demand for BOPP in the upcoming years. Currently, Italy has the highest production capacity of BOPP films. At this point, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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