Market Share of BOPP Films Industry
The BOPP film market is moving toward a fragmented market. Players such as Taghleef Industries, Uflex Limited, SRF Limited, Oben Holding Group., Toray Industries Inc., and more are operating in the market. Packaging comprises several global and regional players vying for attention in a contested market.
In July 2023, Innovia Films, a major producer of BOPP films, invested in a new coating line to develop a new range of PVC-free films for the graphics sector at their site in Wigton, Great Britain. The new line has been specified with enhanced capabilities to allow the application of highly specialized coatings onto Innovia's BOPP (Polypropylene) substrates.
In June 2023, Toray Industries planned to increase production capacity for its Torayfan biaxially oriented polypropylene (BOPP) film at Tsuchiura in Japan's Ibaraki prefecture by 40%, given the rising demand for automotive capacitor film from the electric vehicle (EV) sector. The new growth is expected to be completed in 2025.
BOPP Films Market Leaders
Taghleef Industries LLC
SRF Limited
Toray Industries Inc.
Oben Holding Group
Uflex Limited
*Disclaimer: Major Players sorted in no particular order
