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Research Nester released a report titled “Biaxially Oriented Polypropylene (BOPP) Films Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global BOPP films market in terms of market segmentation by material type, product type, application, end-user, and by region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The global biaxially oriented polypropylene (BOPP) films market is anticipated to record a significant CAGR over the forecast period, i.e., 2021-2029, owing to the application of BOPP films in various end-user industries along with properties such as increased moisture barrier, sealing ability and extensive shelf life.
Moreover, BOPP films are recyclable and environmentally friendly, which is projected to increase its demand manifold.
BOPP films are durable, protective and resistant to contamination which makes them ideal for food packaging.
Additionally, the rapid increase in utilization of BOPP films in various end-user industries and the need for sustainable packaging solutions to control environmental pollution in the region is also expected to positively influence the market growth.Download Sample of This Strategic Report https://www.researchnester.com/sample-request-2895The market in North America is also foreseen to hold a significant market share by the end of 2029, owing to the rising use of BOPP films in pharmaceutical industries for the packaging of medicines combined with the growing demand for eco-friendly packaging plastics.
This, as a result, is anticipated to immensely boost the growth of the global biaxially oriented polypropylene films market throughout the forecast period.Moreover, the increasing need for safer packaging of food and medical supplies, especially during the COVID-19 pandemic as a means to curb the spread of the virus, is anticipated to act as a major growth driver for the market.However, the concern for the circulation of poor quality BOPP films is estimated to hamper the market growth.This report also provides the existing competitive scenario of some of the key players of the global biaxially oriented polypropylene (BOPP) Films market which includes company profiling of Vitopel do Brasil, Innovia Films, Taghleef Industries Group, Cosmo Films Ltd. (NSE: COSMOFILMS), B.C.
Jindal Group, SRF LIMITED (NSE: SRF), POLINAS (Yildiz Holding A.S.), LC Packaging International BV, Polyplex Corporation Limited (NSE: POLYPLEX), and Yem Chio Co., Ltd (TPE: 4306).
