Market Share of Latin America BOPP Films Industry
The BOPP films market is moving toward fragmented market and its competitive rivalry is intensifying due to the presence of players, such as Biofilm (Taghleef Industries (Ti) and Opp Film (Oben Holding Group). Such companies are running their business in national and international boundaries. Some of the key developments in the market are:
Oct 2019 - Innovia Films and the German snack manufacturer, Wildcorn, partnered to produce a fully recyclable and sustainable pack for its Wildcorn organic popcorn range. The joint project to establish a new sustainable packaging standard began soon after the launch of Innovia's Propafilm Strata high barrier film, which quickly achieved the 'Made for Recycling' logo from Interseroh, an Independent German recycling and consulting company.
Jan 2019 - Taghleef Industries completed the acquisition of Biofilm, to expand its presence in the region.mWith the acquisition, Taghleef secured a position as the prominent supplier of BOPP films in Latin America. The acquisition increased the production capacity of the company to over 500,000 metric ton. The company secured a strong position in the supply chain in Latin America by expanding its production sites in Cartagena, Colombia, and Altamira, Mexico.
Latin America BOPP Film Market Leaders
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Opp Film (Oben Holding Group)
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Biofilm (Taghleef Industries (Ti))
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Altopro S.A. de C.V.
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Vitopel
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Innovia Films
*Disclaimer: Major Players sorted in no particular order
