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Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Report Scope & Overview:

The Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Size was valued at USD 16.35 billion in 2022, and expected to reach USD 27.78 billion by 2030, and grow at a CAGR of 6.7 % over the forecast period 2023-2030.

One of the crucial polyester films is the biaxially oriented polyethylene terephthalate (BOPET) film. The cross dimension of this thin plastic sheet has been mechanically and manually extended. Additionally, BOPET film can shield items from rain and damage while in transit. In several end-use industries, biaxially oriented polyethylene terephthalate (BOPET) films are in high demand. Additionally, the expanding demand for BOPET films in the global food and beverage industry is anticipated to fuel the market's expansion over the ensuing years.

Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Revenue Analysis

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Market Dynamics:

Drivers:

  • Demand for biaxially oriented films is increasing.

  • Increasing end-user industry penetration.

Restraints:

  • Certain nations have strict regulations.

  • Varying costs for basic materials.

Opportunity:

  • BOPET films are in greater demand in the pharmaceutical business.

Challenge:

  • Fluctuation in raw material costs.

Impact of COVID-19:

The global COVID-19 pandemic has caused a shortage of products, mostly as a result of the production facilities' reduced working capacity throughout Asia-Pacific, Europe, and North America. Additionally, the disruption in the raw material supply and the fluctuation in prices are posing a severe challenge to the manufacturers. The global BOPET films market has been impacted by producers closing or stopping their manufacturing operations. Additionally, the businesses are making a concerted effort to protect the health and wellbeing of their workers while also aiding in government efforts to sustain vital industries like healthcare, food manufacturing, and electricity generation. Another issue is reduced cash flow, since many consumers postpone orders or fall behind on payments and inventory is held up by interrupted supply networks.

BOPET films are frequently used in the packaging of online orders, which are quite popular because of increased security measures everywhere.

Market Segment:

By End Use Industry

  • Packaging

  • Industrial

  • Electrical and Electronics

  • Magnetic Media

  • Imaging

By Function

  • Barrier

  • Safety

  • Decorative

  • Microporous

  • Others

By Thickness

  • Thin

  • Thick

Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Segmentation Analysis

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Regional Analysis:

The market for biaxially oriented polyethylene terephthalate was dominated by APAC. Because of its growing urbanisation, the economies of China and India have a significant impact on the APAC region. People's lifestyles have been changing continuously as a result of rapid urbanization. Urban residents' adoption of a contemporary lifestyle has increased the usage of BoPET film as a luxury product for a variety of home uses, including packaging. The market for biaxially oriented polyethylene terephthalate is expanding in this region as a result of factors including rising plastic packaging demand, accelerating electronic product manufacturing, growth in digital printing, rising retail food and grocery sales, and the expansion of the pharmaceutical industry.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Jiangsu Xingye Polytech Co., Ltd., Fuwei Films (Holdings) Co., Ltd., Polyplex, Jindal Poly Films Ltd., Mitsubishi Polyester Film, Inc., Garware Polyester Ltd., Terphane, POLİNAS, Fatra, A.S., Sumilon Industries Ltd., and other players.

Polyplex-Company Financial Analysis

Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 16.35 Billion
Market Size by 2030 US$ 27.78 Billion
CAGR CAGR of 6.7% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By End Use Industry (Packaging, Industrial, Electrical and Electronics, Magnetic Media, Imaging)
• By Function (Barrier, Safety, Decorative, Microporous, Others)
• By Thickness (Thin, Thick)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Jiangsu Xingye Polytech Co., Ltd., Fuwei Films (Holdings) Co., Ltd., Polyplex, Jindal Poly Films Ltd., Mitsubishi Polyester Film, Inc., Garware Polyester Ltd., Terphane, POLİNAS, Fatra, A.S., Sumilon Industries Ltd., and other players.
DRIVERS • Demand for biaxially oriented films is increasing.
• Increasing end-user industry penetration.
Restraints • Certain nations have strict regulations.
• Varying costs for basic materials.

Frequently Asked Questions

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: BOPET films are in greater demand in the pharmaceutical business are the opportunity for Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market.

 

Ans: Demand for biaxially oriented films is increasing and Increasing end-user industry penetration are the drivers for  Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market.

 

Ans: Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market  Size was valued at USD 15.5 billion in 2021, and expected to reach USD 24.5 billion by 2028, and grow at a CAGR of 6.7 % over the forecast period 2022-2028.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

 

6. Porter’s 5 forces model

7.  PEST Analysis

8.Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Segment, By End Use Industry

8.1 Packaging

8.2 Industrial

8.3 Electrical and Electronics

8.4 Magnetic Media

8.5 Imaging

9.Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Segment, By Function

9.1 Barrier

9.2 Safety

9.3 Decorative

9.4 Microporous

9.5 Others

10.Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market Segment, By Thickness

10.1 Thin

10.2 Thick

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profile

12.1 Jiangsu Xingye Polytech Co., Ltd.

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Fuwei Films (Holdings) Co., Ltd.,

12.3 Polyplex,

12.4 Jindal Poly Films Ltd.,

12.5 Mitsubishi Polyester Film, Inc.,

12.6 Garware Polyester Ltd.,

12.7 Terphane,

12.8 POLİNAS

12.9 Fatra, A.S.,

12.10 Sumilon Industries Ltd.,

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

14. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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