Market Size of China BOPP Film Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China BOPP Film Market Analysis
China BOPP film market is anticipated to register a CAGR of 5.2% over the forecast period. BOPP films find their application in food packaging, especially in snacks and cookies, as they help increase items' shelf life, decreasing food waste. Aside from the barrier qualities, the low gauge spread of BOPP films ensures consistent seal integrity. For food packaging, the availability of food-grade film that offers flexibility and durability makes it an affordable choice. Its strength, versatility, and outstanding mechanical properties make it the best among other substitutes.
- China is one of the biggest economies in Asia-Pacific, and owing to its sizeable mid-income population, increasing disposable incomes, and high demand for packaged food and pharmaceutical products, the market as well is among similar dimensions. The increasing number of pharmaceutical products in China is significantly fueling the growth of barrier films in the country.
- BOPP films are being utilized increasingly for packaging, labeling, and laminating purposes. These films are the world's favorite substrates for food packaging due to their innate moisture barrier qualities, sealability, excellent clarity, graphic replication, and shelf appeal. A monolayer or homogenous structure is the best possible type of pack. Globally, BOPP films are in great demand because of the expanding flexible packaging sector. It is also popular in the food and labeling sectors as a reverse-printed, coextruded heat-sealable film.
- The expansion of food and beverage e-commerce, improving economy, and increased disposable income contributed to the increased consumption of packaged goods, which requires packaging to protect the commodities from contamination and damage. This tendency is likely to boost the vendor's manufacturing capacity and growth throughout the anticipated year.
- However, environmental rules are driving the industry and paving the way for the requirement for flexible packaging since using flexible packaging, as opposed to rigid packaging, has significant environmental advantages. The Flexible Packaging Association examined the ecological benefits of employing a flexible pouch. For instance, according to Sealed Air, pouches yield 20% more products than rigid containers.
- Additionally, the COVID-19 pandemic scenario had a positive impact on the expansion of chemicals due to a growing need for high-quality films in the pharmaceutical business. The growth of the Chinese BOPP films market is aided by using BOPP films over the anticipated period. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem owing to inceased raw material and energy price.
