The BOPA film market is expected to expand at a CAGR of 5.30%. The market value is projected to increase from US$ 1,130.8 million in 2024 to US$ 1,899.7 million by 2034. The BOPA Film industry share was valued at US$ 1,072.3 million in 2023.
Demand for packaging material is multiplying at a consistent rate annually. To meet constant packaging demand, active manufacturers are enhancing their capabilities for better quality and increased volume.
BOPA films are one such in-demand packaging material. Due to their exceptional features, these films are expected to have a competitive edge over flexible packaging. Thus creating significant demand across diverse verticals.
BOPA films are finding vital demand from the food and pharmaceutical packaging sectors. It is expected that the BOPA film market is projected to witness an elevated position in the global market.
Key Market Attributes
Attributes | Details |
---|---|
Market Size, 2023 | US$ 1,072.3 million |
Estimated Market Value, 2024 | US$ 1,130.8 million |
BOPA Film Market Size, 2034 | US$ 1,899.7 million |
Value CAGR (2024 to 2034) | 5.30% |
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Attributes | Details |
---|---|
BOPA Film Market Value (2019) | US$ 904.9 million |
BOPA Film Market Size (2023) | US$ 1,072.3 million |
The BOPA film market inflated from US$ 904.9 million in 2019 to US$ 1,072.3 million in 2023. The market has been driven by growing demand for canned fruits and vegetables, ready-to-eat meals, processed food, etc. Processed food developers especially are anticipated to demand BOPA films as consumers’ health takes precedence in the food sector. Other factors that led to market expansion are as follows:
The market is anticipated to rise from US$ 1,130.8 million in 2024 to US$ 1,899.7 million by 2034. Meanwhile, the market is anticipated to expand at a moderate CAGR of 5.3%. Top factors that are consolidating the key players’ position in the BOPA film industry are as follows:
Country | India |
---|---|
Forecast CAGR % (2024 to 2034) | 6.2% |
The BOPA film market in India is anticipated to register a CAGR of 6.2% through 2034. The growth rate in the country is comparatively higher than its regional and international counterparts. Top factors propelling the sales of BOPA films in India are as follows:
Country | China |
---|---|
Forecast CAGR % (2024 to 2034) | 5.4% |
The China BOPA film market is forecast to record a CAGR of 5.4% through 2034. The leading factors that are propelling market growth are as follows:
Country | Thailand |
---|---|
Forecast CAGR % (2024 to 2034) | 5.4% |
The BOPA film market in Thailand is anticipated to expand at a CAGR of 5.4% through 2034. Market expansion in Thailand is assumed to be led by:
Country | Canada |
---|---|
Forecast CAGR % (2024 to 2034) | 3.5% |
In Canada, the BOPA film market is projected to rise at a CAGR of 3.5% through 2034. The industry is anticipated to escalate at a higher CAGR than the United States, suggesting higher growth avenues for manufacturers in Canada. Top factors contributing to market development are as follows:
Country | The United Kingdom |
---|---|
Forecast CAGR % (2024 to 2034) | 4.1% |
The United Kingdom BOPA film market is anticipated to expand at a CAGR of 4.1% through 2034. The country is anticipated to expand at a higher rate than other countries in Europe. Top factors resulting in market growth are as follows:
Leading End Use | Food |
---|---|
Market Share % (2024) | 71.1% |
As per recent market research, the food industry is anticipated to acquire a market share of 71.1% in 2024. BOPA films are excessively used in the food industry due to their distinct properties, which makes them ideal for protecting and preserving food products.
Additionally, BOPA films help maintain the integrity of food packages due to their outstanding heat sealability. These films are also used in multiple packaging applications like bags, lids, pouches, and shrink sleeves. Such versatility makes it suitable for different food products.
Leading Grade | Nylon 6 |
---|---|
Market Share % (2024) | 89.9% |
The nylon 6 segment is projected to account for a market share of 89.9% in 2024. Nylon is a commonly used polyamide for BOPA films owing to its high toughness and tensile strength. This makes it ideal for transportation, processing, and handling. Additionally, nylon 6 imparts a high level of gloss and transparency to BOPA films, enhancing its appeal among customers and leaving a positive impression regarding a product’s quality.
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Key players are concentrating their resources on elevating product features for enhanced consumer convenience. This way, they can beat the market competition and stay ahead of their peers. Additionally, players are expanding their product portfolio to serve many applications. Furthermore, the capacity expansion of BOPA films to meet rising consumer demand is anticipated to boost market growth.
Market players are focusing on research and development activities to bring efficiencies to the product. Competitors are dedicated to focusing on product development and expansion to enjoy a higher market share.
New Developments Shaping the BOPA Film Market
The BOPA film market is projected to be worth US$ 1,130.8 million in 2024.
The market is predicted to expand at a CAGR of 5.3% through 2034.
The market is anticipated to account for US$ 1,899.7 million by 2034.
India is predicted to provide high growth opportunities.
The food industry acquires a leading share of the market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Grade 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2024 to 2034 5.3.1. Nylon 6 5.3.2. Nylon 66 5.4. Y-o-Y Growth Trend Analysis By Grade, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Grade, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Thickness 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Thickness, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Thickness, 2024 to 2034 6.3.1. Up to 10 Micron 6.3.2. 11 to 20 Micron 6.3.3. 21 to 30 Micron 6.3.4. Above 30 Micron 6.4. Y-o-Y Growth Trend Analysis By Thickness, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Thickness, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End-use, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End-use, 2024 to 2034 7.3.1. Food 7.3.2. Pharmaceuticals and Healthcare 7.3.3. Electrical and Electronics 7.3.4. Chemicals 7.3.5. Others 7.4. Y-o-Y Growth Trend Analysis By End-use, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By End-use, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Grade 9.2.3. By Thickness 9.2.4. By End-use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Grade 9.3.3. By Thickness 9.3.4. By End-use 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Grade 10.2.3. By Thickness 10.2.4. By End-use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Grade 10.3.3. By Thickness 10.3.4. By End-use 10.4. Key Takeaways 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Grade 11.2.3. By Thickness 11.2.4. By End-use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Grade 11.3.3. By Thickness 11.3.4. By End-use 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Grade 12.2.3. By Thickness 12.2.4. By End-use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Grade 12.3.3. By Thickness 12.3.4. By End-use 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Grade 13.2.3. By Thickness 13.2.4. By End-use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Grade 13.3.3. By Thickness 13.3.4. By End-use 13.4. Key Takeaways 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Grade 14.2.3. By Thickness 14.2.4. By End-use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Grade 14.3.3. By Thickness 14.3.4. By End-use 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Grade 15.2.3. By Thickness 15.2.4. By End-use 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Grade 15.3.3. By Thickness 15.3.4. By End-use 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2023 16.1.2.1. By Grade 16.1.2.2. By Thickness 16.1.2.3. By End-use 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2023 16.2.2.1. By Grade 16.2.2.2. By Thickness 16.2.2.3. By End-use 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2023 16.3.2.1. By Grade 16.3.2.2. By Thickness 16.3.2.3. By End-use 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2023 16.4.2.1. By Grade 16.4.2.2. By Thickness 16.4.2.3. By End-use 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2023 16.5.2.1. By Grade 16.5.2.2. By Thickness 16.5.2.3. By End-use 16.6. UK 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2023 16.6.2.1. By Grade 16.6.2.2. By Thickness 16.6.2.3. By End-use 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2023 16.7.2.1. By Grade 16.7.2.2. By Thickness 16.7.2.3. By End-use 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2023 16.8.2.1. By Grade 16.8.2.2. By Thickness 16.8.2.3. By End-use 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2023 16.9.2.1. By Grade 16.9.2.2. By Thickness 16.9.2.3. By End-use 16.10. Poland 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2023 16.10.2.1. By Grade 16.10.2.2. By Thickness 16.10.2.3. By End-use 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2023 16.11.2.1. By Grade 16.11.2.2. By Thickness 16.11.2.3. By End-use 16.12. Czech Republic 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2023 16.12.2.1. By Grade 16.12.2.2. By Thickness 16.12.2.3. By End-use 16.13. Romania 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2023 16.13.2.1. By Grade 16.13.2.2. By Thickness 16.13.2.3. By End-use 16.14. India 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2023 16.14.2.1. By Grade 16.14.2.2. By Thickness 16.14.2.3. By End-use 16.15. Bangladesh 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2023 16.15.2.1. By Grade 16.15.2.2. By Thickness 16.15.2.3. By End-use 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2023 16.16.2.1. By Grade 16.16.2.2. By Thickness 16.16.2.3. By End-use 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2023 16.17.2.1. By Grade 16.17.2.2. By Thickness 16.17.2.3. By End-use 16.18. China 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2023 16.18.2.1. By Grade 16.18.2.2. By Thickness 16.18.2.3. By End-use 16.19. Japan 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2023 16.19.2.1. By Grade 16.19.2.2. By Thickness 16.19.2.3. By End-use 16.20. South Korea 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2023 16.20.2.1. By Grade 16.20.2.2. By Thickness 16.20.2.3. By End-use 16.21. GCC Countries 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2023 16.21.2.1. By Grade 16.21.2.2. By Thickness 16.21.2.3. By End-use 16.22. South Africa 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2023 16.22.2.1. By Grade 16.22.2.2. By Thickness 16.22.2.3. By End-use 16.23. Israel 16.23.1. Pricing Analysis 16.23.2. Market Share Analysis, 2023 16.23.2.1. By Grade 16.23.2.2. By Thickness 16.23.2.3. By End-use 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Grade 17.3.3. By Thickness 17.3.4. By End-use 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Unitika Ltd. 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Mitsubishi Chemical Corporation 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Toray Advanced Film Co., Ltd. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Winpak Ltd. 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Kolon Industries Inc. 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Hyosung Corporation 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Domo Chemicals 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Oben Holding Group S.A.C. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. A.J. Plast Public Company Limited 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Sojitz Plastics America Inc. 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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