Cast Polypropylene Packaging Films - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Cast Polypropylene Packaging Films Market is accounted for $4,814.21 million in 2017 and is expected to reach $7,854.21 million by 2026 growing at a CAGR of 5.6% during the forecast period. Growing demand for packaging solutions that improve shelf life, rising preference for cost-effective films with a high vapor barrier and increasing expenditure on pre-prepared food are some key factors impacting the market growth. However, factors such as introducing new alternatives of cast polypropylene packaging films and fluctuating prices of resins are hampering the market growth.
Cast polypropylene is a low-density film with outstanding tear resistance and also impact resistance. It is also used as a sealant film for retort and non-retort purposes. Moreover, it has excellent heat sealing properties. It is used as a packaging material to increase the shelf life of products such as food, apparel, cosmetics, pharmaceutical, and others. It offers external gloss and excellent transparency. Therefore it is an extraordinary material used in packaging of various products from snacks to bread and fresh produce.
Amongst Packaging Type, Bags & pouches segment commanded significant market share during the forecast period. They are extensively employed in the packaging of beverages, snacks, and various other food products. Growth of this segment is directly linked to output of the food & beverages industry. Amongst geography, Asia Pacific region is likely to register highest market growth during the predicted period which can be attributed to development of textile sectors, changing lifestyle and growth of food & beverages industry.
Some of the key players in Cast Polypropylene Packaging Films market include Futamura Chemical Co. Ltd, Mitsui Chemicals America, Inc., Taghleef Industries LLC, Copol International Ltd, Schur Flexibles Holding Gmbh, Polinas Plastik Sanayi ve Ticaret A.S , Oben Holding Group S.A.C. , American Profol, Inc., Thai Film Industries Public Company Limited, Bhineka Tatamulya Industri Pt , Polyplex Corporation Ltd, Jindal Poly Films Limited, Uflex Ltd and LC Packaging International BV .
Packaging Types Covered:
• In-mold Labels
• Wrapping films
• Lamination films
• Bags & pouches
• Other Packaging Types
• Above 80 Micron
• 50–80 Micron
• 18–50 Micron
• Up to 18 Micron
• Metallizing Grade
• Retort Grade
• Other Product Types
End Users Covered:
• Health Care
• Food & Beverages
• Other End Users
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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