According to ChemAnalyst report, “India BOPP Film Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Company Share, Sales Channel, Regional Demand, Foreign Trade, FY2015-FY2032”, The Indian India BOPP Film Market is likely to healthy CAGR of 4.59% during the forecasted period. The end-use industries such as Food Packaging, Non-Food Packaging, Industrial, are anticipated to fuel the BOPP Film demand in India in the upcoming years.
Biaxially oriented polypropylene films, often known as BOPP films, are produced by stretching polypropylene film both machine- and transverse-wise. BOPP film can be used for packaging, labelling, and lamination, among many other things. Globally, BOPP Films are the ideal substrate for food packaging due to their inherent moisture barrier properties, ability to seal, excellent clarity, graphic development, and shelf appeal. It is widely utilised for food packaging as a co-extruded, heat-sealable, reverse-printed film.
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The highest demand for BOPP film is driven by the food packaging industry. These BOPP film qualities are extremely important for food packaging since they increase product shelf life and decrease food waste. In addition to their barrier qualities, BOPP films’ limited gauge spread consistently maintains seal integrity. Their application in the food packaging sector for preserving food quality is backed by their robust heat seals, resistance to moisture, and outstanding machinability. Considerable demand for films comes from the pharmaceutical sector where these are used as a packaging material due to their oil and moisture-resistant properties, which help in maintaining the physical and chemical properties of the packed drugs.
Furthermore, rising e-commerce activities in India have generated demand for high-quality packaging materials in the past years and yet serve as the major driving factor for the growth of BOPP film in the country. The increasing demand for BOPP film from the electronics and electrical sector also contribute to the rising adoption of films in the region. Besides, the rise in consumer spending on personal care products has also escalated the demand for BOPP films in India. Given that they are cost-effective, recyclable, and eco-friendly nature of BOPP films, BOPP bags and pouches are gaining popularity. The high aesthetic appeal of BOPP bags and pouches gives the products used for packaging an additional appeal to its market. All these factors are anticipated to positively augment the BOPP Film market in the forecast period.
The India BOPP Film Market is segmented based on end-use, sales channel, and region. Based on end-use, the India BOPP Film market is segmented into Food Packaging, Non-Food Packaging, Industrial, and Others. Although, Food Packaging is consuming the majority of BOPP Film held a market share of approximately 65% in FY2023. Additionally, the market expansion is being aided by the extensive use of flexible packaging for ready-to-eat food items, dairy goods, and other beverages such as coffee beverages, carbonated soft drinks, energy drinks, and mixed drinks. For the packaging of medications and drugs, BOPP films are also employed as a co-extruded, heat-sealable, and reverse-printed film.
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Based on region, the India BOPP Film Market is segregated into North, South, East, and West. Apparently, West India has been dominating the BOPP film market and consumed approximately 35% of the market In FY2023. Western states like Gujarat and Maharashtra are the major consumers of BOPP Film with the majority of food, medication, cosmetics, and home goods manufacturers located in these states. Additionally, Maharashtra holds the highest capacity of BOPP film.
“India BOPP Film Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Company Share, Sales Channel, Regional Demand, Foreign Trade, FY2015-FY2032” Domestic players in the India BOPP Film market are Jindal Poly Films Limited (JPFL), Asia poly films Industries, Vacmet India Ltd., Cosmo Films Limited, UFlex Limited, Nahar Poly films Limited, Max Speciality Films Limited (MSFL), SRF Limited, Polyplex Corporation Ltd., Surya Global Flexifilms Private Limited, Chiripal Poly Films, GLS Polyfilms Private Limited, and Others.
“The rapidly increasing demand for BOPP Film as a packaging material which is employed by various industries such as Food Packaging, Non-Food Packaging, and Industrial end-use industries, is expected to propel the demand for BOPP Film across India in the forecast period until FY2032. Furthermore, West India is the major consumer of BOPP Film due to the leading food & beverages such as dairy product manufacturers located in this region and is anticipated to retain its position in the forecast period till FY2032. ”Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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