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BOPET Film Market

BOPET Film Market Size and Segment by Thickness (Thin, Thick), By Coating Type (Coated, Non-coated), By Product Type (Sachets, Pouches, Bags, Shrink Films, Stretch Wraps, Others), By Application (Food & Beverages, Cosmetics, Electrical and Electronics, Industrial, Imaging, Pharmaceutical, Automotive, Others), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1424 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

BOPET Film Market Size was valued at USD 7.1 billion in 2021 and is expected to reach USD 12.43 billion by 2028, and grow at a CAGR of 5.5% over the forecast period 2022-2028.

BOPET films are widely employed in a variety of industries, including flexible packaging and food contact, insulating materials, consumer electronics, printing media, automotive parts, green energy, and medical devices, among others. The PET film's biaxial orientation improves the crystallinity of the product, making it excellent for electrical/thermal insulation, food packaging, and printing sheets. Because of their outstanding water and moisture barrier qualities, BOPET films are commonly utilised in soft drink plastic bottles. BOPET film is commonly used in tape applications due to its great mechanical strength, such as as a carrier for magnetic tape or as a backing for pressure-sensitive adhesive tapes. BOPET film is most commonly used in flexible packaging systems, where its unique qualities have allowed it to become the backbone around which high-performance multi-layer plastic structures are formed. Rapid urbanisation and industrialization are driving up demand for plastic packaging, electronic items, and digital printing, as well as food and grocery retail sales, which will undoubtedly enhance the BOPET industry in the approaching years.

BOPET Film Market Revenue Graph

Market Dynamics:

Drivers:

  • Increase in demand for advanced packaging.

  • Increase in demand for BOPET packaging.

  • Increasing demand for Cosmetic industry.

Restraints:

  • Other product availability and raw material cost variations.

Opportunity:

  • For a collection of data using a variety of methodologies, including Porter's five forces analysis, market attractiveness analysis, and value chain analysis

Impact of Covid-19:

The worldwide plastic film market was severely impacted by the COVID-19 outbreak. Emerging-market governments imposed harsh restrictions and nationwide lockdowns to prevent the spread of the coronavirus. Many industries, including automotive, electrical, and electronics, and others, were severely impacted by disruptions in the worldwide supply chain. Due to the current COVID-19 epidemic, pouch packaging companies in numerous parts of the world are facing supply chain interruptions and reduced on-site manufacturing. Meanwhile, demand for the packaging business remained high throughout COVID-19. Increased demand from the food packaging sector and FMCG industries are expected to boost the BOPET Films market. The change from conventional to flexible packaging, for example, has enhanced the demand for these BOPET films.

Key players:

JBF RAK LLC, Polyplex, Jindal Poly Films, Toray Plastics, Uflex Ltd, Terphane LLC, Fatra A.S., Futamura Chemical, SRF Limited, Dupont Teijin Films, RETAL Industries, and other players.

Market Segmentation:

By Thickness

  • Thin

  • Thick

By Coating Type

  • Coated

  • Non-coated

By Product Type

  • Sachets

  • Pouches

  • Bags

  • Shrink Films

  • Stretch Wraps

  • Others

By Application

  • Food & Beverages

  • Cosmetics

  • Electrical and Electronics

  • Industrial

  • Imaging

  • Pharmaceutical

  • Automotive

  • Others

BOPET Film Market Segment Pie Chart

Regional Analysis:

Due to the presence of producers and consumers of biaxially oriented polyethylene terephthalate (BOPET) packaging films in Asia-Pacific, the region dominates the market. Because of the region's tightening rules, North America is predicted to experience the fastest growth from 2021 to 2028. Individual market affecting elements and changes in regulation in the domestic market that impact the existing and future trends of the market are also provided in the country part of the biaxially-oriented polyethylene terephthalate packaging films market research. Some of the primary pointers used to anticipate the market scenario include consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and down-stream and upstream value chain analysis.

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

 

BOPET Film Market:
Report Attributes Details
Market Size in 2021 US$ 7.1 Billion
Market Size by 2028 US$ 12.43 Billion
CAGR CAGR of 5.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Thickness (Thin, Thick)
• By Coating Type (Coated, Non-coated)
• By Product Type (Sachets, Pouches, Bags, Shrink Films, Stretch Wraps, Others)
• By Application (Food & Beverages, Cosmetics, Electrical and Electronics, Industrial, Imaging, Pharmaceutical, Automotive, Others)
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 JBF RAK LLC, Polyplex, Jindal Poly Films, Toray Plastics, Uflex Ltd, Terphane LLC, Fatra A.S., Futamura Chemical, SRF Limited, Dupont Teijin Films, RETAL Industries, and other players.
DRIVERS • Increase in demand for advanced packaging.
• Increase in demand for BOPET packaging.
• Increasing demand for Cosmetic industry.
RESTRAINTS • Other product availability and raw material cost variations.


Frequently Asked Questions (FAQ) :

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

 

Ans: BOPET film is most commonly used in flexible packaging systems, where its unique qualities have allowed it to become the backbone around which high-performance multi-layer plastic structures are formed.

Ans: JBF RAK LLC, Polyplex, Jindal Poly Films, Toray Plastics, Uflex Ltd, Terphane LLC, Fatra A.S., Futamura Chemical, SRF Limited, Dupont Teijin Films and  RETAL Industries are the major key players of BOPET Film Market

Ans: Increase in demand for advanced packaging, Increase in demand for BOPET packaging and Increasing demand for Cosmetic industry  are the drivers for BOPET Film Market.

 

Ans: Global BOPET Film Market Size was valued at USD 7.1 billion in 2021, and expected to reach USD 12.43 billion by 2028, and grow at a CAGR of   5.5% 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

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global BOPET Film Market Segment, By Thickness

                8.1 Thin

                8.2 Thick

 

9. Global BOPET Film Market Segment, By Coating Type

                9.1 Coated

                9.2 non-coated

 

10. Global BOPET Film Market Segment, By Product Type

                10.1 Sachets

                10.2 Pouches

                10.3 Bags

                10.4 Shrink Films

                10.5 Stretch Wraps

                10.6 Others

 

11. Global BOPET Film Market Segment, By Application

                11.1 Food & Beverages

                11.2 Cosmetics

                11.3 Electrical and Electronics

                11.4 Industrial

                11.5 Imaging

                11.6 Pharmaceutical

                11.7 Automotive

                11.8 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3 Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4 Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6 Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

 

13. Company Profiles

                13.1 JBF RAK LLC

                                13.1.1 Financial

                                13.1.2 Products/ Services Offered

                                13.1.3 SWOT Analysis

                                13.1.4 The SNS view

                13.2 Terphane LLC

                13.3 Polyplex

                13.4 Fatra A.S.

                13.5 RETAL Industries

                13.6 Futamura Chemical

                13.7 SRF Limited

                13.8 Jindal Poly Films

                13.9 Dupont Teijin Films

                13.12 Toray Plastics

                13.13 Uflex Ltd

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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