Market Share of Polypropylene Packaging Films Industry
The polypropylene packaging films market is competitive because of the presence of many players running their business in national and international boundaries. The market is moderately fragmented Key players in the polypropylene packaging films market are putting their efforts on new product innovations and agile business models to deal with the potential disruptions and sustain long-term growth. Some of the key developments in the market are:
- September 2021 - Cosmo Films Limited has accepted a proposal to build a new BOPP film production line in Aurangabad with a capacity of 67Kl metric tonne per year. This line would require an Rs350 crore investment, which will be funded through internal accruals and borrowing. By 2024-2025, the line is expected to be operational.
- January 2021 - For some years, DIC Corporation has been considering forming a partnership with Jindal Poly Films Limited, one of the world's leading producers of biaxially oriented polypropylene (BOPP) film, to foster a market for functional cast polypropylene (CPP) film in India. DIC announced today that the two companies have agreed to work together in this area.
Polypropylene Packaging Films Market Leaders
Amcor PLC
AEP Industries Inc.
Novolex Holding LLC
RKW Group
Dupont Teijin Films
*Disclaimer: Major Players sorted in no particular order
