Polypropylene Packaging Films Market Size (2024 - 2029)

The polypropylene packaging films market is experiencing significant growth, driven by a shift from reusable to disposable packaging due to health concerns. This trend is supported by increasing disposable incomes and a rising middle-class population, which are boosting demand across various sectors such as food and beverage and consumer products. The market's expansion is further fueled by the need for packaging solutions that enhance product shelf life and the availability of sustainable options. Despite challenges in supply chain and production due to global lockdowns, the demand for polypropylene packaging, particularly BOPP, is expected to remain strong as it offers reduced contamination risks.

Market Size of Polypropylene Packaging Films Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Polypropylene Packaging
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.78 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Polypropylene Packaging Films Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Polypropylene Packaging Films Market Analysis

The polypropylene packaging films market was valued at USD 2.73 billion in 2020, and it is expected to reach USD 4.33 billion by 2026, registering a CAGR of 6.78% during the forecast period (2021-2026). The market witnessed a massive turnaround from reusable to disposable packaging globally. Most grocery stores worldwide started banning reusable bags due to high chances of virus transmission, and in contrast, their disposable products were flying off the shelves. The demand and trend are expected to continue in 2021 as the approaching winter will likely bring an upward flu spike and more waves of COVID-19.

  • The packaging sector is continuously evolving to cater to changing consumer needs. Growing disposable incomes and the increasing middle-class population are among the prominent factors driving the demand for polypropylene packaging films across industries, such as food and beverage, consumer products, industrial goods, and others.
  • The Growing demand for the film to increase the shelf life of the product is propelling the market growth of the polypropylene packaging film market. Also, the easy availability of sustainable packaging solutions helps increase the applications for polypropylene packaging film, boosting the growth of the market.
  • Coronavirus outbreak is expected to have a positive impact on the packaging industry over the coming year. The demand for polypropylene packaging, mainly BOPP, which limits the risk of contamination by reducing the exposure, is expected to be favored. Also, the packaged products can be easily cleaned with the packaging on in case of any surface contact.
  • However, the industry is currently facing a considerable impact on its supply chain system and production facilities due to the lockdown. Stringent isolation rules worldwide have resulted in a short supply of raw materials and workforce.

Polypropylene Packaging Films Industry Segmentation

Polypropylene packaging films are developed to protect the surface from permanent damage and provide superior optical clarity at a low cost, which makes them an ideal choice for flexible packaging applications products.

By Type
BOPP
CPP
By Application
Food
Beverage
Pharmaceutical and Healthcare
Industrial
Other Applications
By Geography
North America
United States
Canada
Europe
United Kindom
Germany
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Latin America
Middle East and Africa
Need A Different Region Or Segment?
Customize Now

Polypropylene Packaging Films Market Size Summary

The polypropylene packaging films market is experiencing significant growth, driven by a shift from reusable to disposable packaging due to health concerns related to virus transmission. This trend has been particularly pronounced in the grocery sector, where disposable products have seen increased demand. The market is further bolstered by rising disposable incomes and a growing middle-class population, which are fueling the demand across various industries such as food and beverage, consumer products, and industrial goods. The ease of access to sustainable packaging solutions is also expanding the applications of polypropylene films, contributing to market expansion. The COVID-19 pandemic has positively impacted the industry by increasing the preference for polypropylene packaging, particularly BOPP films, which offer reduced contamination risks and can be easily sanitized.

The market is characterized by a competitive landscape with numerous players operating both nationally and internationally. Key industry participants are focusing on product innovation and agile business strategies to navigate potential disruptions and ensure sustained growth. Developments such as the introduction of environmentally-friendly packaging products and the expansion of production capacities are indicative of the market's dynamic nature. Despite challenges like supply chain disruptions and legislative bans on plastic packaging in regions like China and India, the market continues to evolve, with companies adopting sustainable practices and exploring new applications for polypropylene films. The ongoing efforts to reduce plastic waste and enhance the functionality of packaging solutions are expected to shape the future trajectory of the polypropylene packaging films market.

Explore More

Polypropylene Packaging Films Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Consumers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

    4. 1.4 Market Drivers

      1. 1.4.1 Rising Demand of Cost-effective Packaging Formats

      2. 1.4.2 Environmental Regulation Paving Way for Flexible Packaging Requirements

      3. 1.4.3 Growth in Packaged Food Markets

    5. 1.5 Market Restraints

      1. 1.5.1 Fluctuation in Raw Material Prices

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 BOPP

      2. 2.1.2 CPP

    2. 2.2 By Application

      1. 2.2.1 Food

      2. 2.2.2 Beverage

      3. 2.2.3 Pharmaceutical and Healthcare

      4. 2.2.4 Industrial

      5. 2.2.5 Other Applications

    3. 2.3 By Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kindom

        2. 2.3.2.2 Germany

        3. 2.3.2.3 France

        4. 2.3.2.4 Rest of Europe

      3. 2.3.3 Asia Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 India

        3. 2.3.3.3 Japan

        4. 2.3.3.4 Rest of Asia Pacific

      4. 2.3.4 Latin America

      5. 2.3.5 Middle East and Africa

Polypropylene Packaging Films Market Size FAQs

The Polypropylene Packaging Films Market is projected to register a CAGR of 6.78% during the forecast period (2024-2029)

Amcor PLC​, AEP Industries Inc.​, Novolex Holding LLC​, RKW Group and Dupont Teijin Films​ are the major companies operating in the Polypropylene Packaging Films Market.

Polypropylene Packaging Films Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)