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.
Increase in demand for advanced packaging.
Increase in demand for BOPET packaging.
Increasing demand for Cosmetic industry.
Other product availability and raw material cost variations.
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.
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.
By Coating Type
By Product Type
Food & Beverages
Electrical and Electronics
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|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|
|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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
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
9. Global BOPET Film Market Segment, By Coating Type
10. Global BOPET Film Market Segment, By Product Type
10.4 Shrink Films
10.5 Stretch Wraps
11. Global BOPET Film Market Segment, By Application
11.1 Food & Beverages
11.3 Electrical and Electronics
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 JBF RAK LLC
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Terphane LLC
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
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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