August 13, 2020 16:00 ET | Source: Reports and Data Reports and Data
New York, New York, UNITED STATES
New York, Aug. 13, 2020 (GLOBE NEWSWIRE) -- The Global BOPP Films Market is forecast to reach USD 33.07 Billion by 2027, according to a new report by Reports and Data. The growth of BOPP films can be mainly associated with the increasing demand from the food and beverage and personal care industry in developed and emerging countries, which is anticipated to drive the market. These films provide benefits comprising strength and robustness, an excellent blend of stiffness, and heat resistance.
The growth of the packaging industry drives the market for BOPP films. Increasing the use of food packaging, such as pouches, lidding films, wraps, and laminates, is expected to propel the demand from the market. The rise in the packaging of poultry, meat, and seafood is driving the market, especially in MEA countries. Manufacturers are innovating chlorine-free alternatives for packaging to reduce the impact on the environment. The research activities to develop sustainable alternatives for the market product will increase awareness and stringent government policies regarding the disposal of discarded films.
Changing lifestyle has increased the demand for ready-to-eat packaged meals with an extended shelf life. Manufacturers are focusing on producing single-unit packages that can support repeated heating and freezing. Durability, heat stability, transparency, and single and double-layer coating will be an important product feature in the food and pharmaceutical packaging industry.
Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/3414
The COVID-19 pandemic is having a significant impact on the biaxially oriented polypropylene industry. Demand for the product is suffering severely across various end-use markets, worldwide supply chains are disrupted, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.
Further key findings from the report suggest
BUY NOW (Customized Report Delivered as per Your Specific Requirement)@ https://www.reportsanddata.com/checkout-form/3414
For the purpose of this report, Reports and Data has segmented the Global BOPP Films Market on the basis of type, production process, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Production Process Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/bopp-films-market
Regional Outlook (Revenue, USD Billion; 2017-2027)
Take a Look at our Related Reports:
Bio-Based Resins Market: https://www.reportsanddata.com/report-detail/bio-based-resins-market
Acrylonitrile Butadine Styrene Market: https://www.reportsanddata.com/report-detail/acrylonitrile-butadiene-styrene-abs-market
Bio-Based Polyurethane Market: https://www.reportsanddata.com/report-detail/bio-based-polyurethane-market
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.