BOPP Market size is estimated to be USD 20.5 Billion in 2024 and is expected to reach USD 30.8 Billion by 2033 at a CAGR of 5.8% from 2026 to 2033.
The BOPP (Biaxially Oriented Polypropylene) market size was valued at USD 22.9 billion in 2022 and is projected to grow at a CAGR of 4.2% from 2023 to 2030. The markets expansion is driven by the increasing demand for flexible packaging solutions across various industries, including food, healthcare, and personal care. Asia Pacific holds the largest share of the market, accounting for approximately 41% of the global market share in 2022, driven by the presence of a large number of manufacturers, growing demand in packaging, and expanding end use industries in countries like China and India. North America and Europe also contribute significantly, with North America estimated to hold a market share of 22% in 2022, driven by the increasing use of BOPP films in consumer goods packaging and the growing trend toward sustainable packaging alternatives. The market in Europe, on the other hand, is witnessing steady growth, particularly in the food and beverage packaging sector, with a market share of around 20% in 2022.
Geographically, Latin America and the Middle East & Africa (MEA) are expected to experience moderate growth over the forecast period. The Latin American BOPP market was valued at USD 2.3 billion in 2022 and is anticipated to expand at a CAGR of 3.5% from 2023 to 2030. Similarly, the MEA region, with a market value of USD 1.8 billion in 2022, is projected to grow at a CAGR of 3.8% over the same period, driven by the rising demand for packaging solutions and the development of the food & beverage industry. These regions present significant opportunities for market growth, particularly due to the increasing demand for packaged food products and growing industrialization in emerging economies.
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Kopafilm Elektrofolien GmbH
SRF Limited
Chemosvit A.S.
Tempo Group
Taghleef Industries
Vibac Group S.p.A.
Treofan Group
Rowad Global Packaging Co. Ltd.
Zubairi Plastic Bags Industry LLC
Poligal S.A.
Futamura Chemical Co. Ltd.
Manucor S.p.A.
Oben Holding Group
Innovia Films
Xpro India Limited
Uflex Ltd.
Jindal Poly Films Ltd.
BIOFILM
Cosmos Films Ltd.
Dunmore Corporation
Polyplex Corporation Limited
Vitopel S.A.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global BOPP Market
PP Homopolymer
PP Copolymer
Others
Films
Sheets
Others
Packaging
Textiles
Consumer Goods
Healthcare
Automotive
Others
Food Packaging
Non-Food Packaging
Industrial Packaging
Medical & Pharmaceutical
Cosmetic Packaging
Others
Blown Film Extrusion
Cast Film Extrusion
Stretch Film Extrusion
Others
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global BOPP Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global BOPP Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global BOPP Market, By Type
6. Global BOPP Market, By Application
7. Global BOPP Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global BOPP Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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