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The future of the BOPA film market looks attractive with opportunities in the packaging, automotive, construction, and electrical & electronic industries. The global BOPA film market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $3.5 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers forthis market are increasing demand for flexible packaging due to the growth in food & pharmaceutical market and superior mechanical strength, higher transparency, chemical resistance, and excellent gas barrier properties as compared to biaxially oriented polypropylene (BOPP) and biaxially oriented polyethylene terephthalate (BOPET) film.
Emerging trends, which have a direct impact on the dynamics of the BOPA film industry, include growing use of linear simultaneous stretching line (LISIM) technique and growing demand for balanced film with better dimensional stability and less shrinkage.
A total of 128 figures / charts and 122 tables are provided in this 194-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this BOPA film market report, download the report brochure.
In this market, food packaging is the largest end use industry of BOPA film, whereas barrier is largest in function type. Growth in various segments of the BOPA film market are given below:
BOPA Film Market by Segments
