Global Cast Polypropylene (CPP) Packaging Films Market Size study, By Type (General CPP Films, Retort CPP Films, Metalized CPP Films and Others), By Application (Food Packaging, Textile Packaging, Agriculture Packaging, Stationary Packaging, Medical and Pharmaceutical, Drug Packaging and Others), By Thickness (0-30 Microns, 31-50 Microns and Above 50 Microns), By End-Use (Healthcare, Food and Beverages, Floral and Textile)and Regional Forecasts 2022-2028
Global Cast Polypropylene (CPP) Packaging Films Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Cast Polypropylene (CPP) Packaging Films refers to polypropylene based plastic film obtained through a casting process. Cast Polypropylene (CPP) films offer excellent heat seal strength, good thermal stability, good puncture resistance, and clarity among others. CPP films are used for clothing, knitwear and flower packaging bags, document and photo album film, food packaging and as metallized film for barrier packaging and decoration etc. Rising consumption of food and beverages worldwide and increasing demand for flexible packaging solutions as well as recent expansion activities from leading market players are key driver for growth of Cast Polypropylene (CPP) Packaging Films Market. For instance, according to Statista - In 2021, the global functional foods and beverage market was valued at USD 281.14 billion, and the market is projected to grow at compound annual growth rate of about 9.5 percent between 2021 and 2028 to reach to USD 500 billion. Moreover, in April 2022, Cosmo Films Ltd, announced investment of USD 18.02 million for setting up a cast polypropylene (CPP) film production line in Aurangabad, Maharashtra. This new plant would have annual rated capacity of 25,000 metric tonnes and would be operational in two years. Also, growing food packaging industry in emerging markets and rising penetration of e-commerce platforms are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, stringent government regulations and volatile cost of raw materials impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Cast Polypropylene (CPP) Packaging Films Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing presence of leading market players and rising adoption of Cast Polypropylene (CPP) Packaging Films. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing food and beverages sector and rising e-commerce sector in the region, would create lucrative growth prospects for the Cast Polypropylene (CPP) Packaging Films Market across the Asia Pacific region.
Major market players included in this report are:
UFlex Limited (India)
Copol International Ltd (Canada)
Mitsui Chemicals Tohcello,Inc. (Tokyo)
M Stretch S.P.A (Italy)
ProfoGmbh (Germany)
PT Panverta Cakrakencana (Indonesia)
Polyplex (India)
Jindal Poly Films (India)
3B Films Pvt (India)
Poligal. S.A. (Peru)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
General CPP Films
Retort CPP Films
Metalized CPP Films
Others
By Application
Food Packaging
Textile Packaging
Agriculture Packaging
Stationary Packaging
Medical and Pharmaceutical
Drug Packaging
Others
By Thickness
0-30 Microns
31-50 Microns
Above 50 Microns
By End-use
Healthcare
Food and Beverages
Floral
Textile
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Cast Polypropylene (CPP) Packaging Films Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
UFlex Limited (India)
Copol International Ltd (Canada)
Mitsui Chemicals Tohcello,Inc. (Tokyo)
M Stretch S.P.A (Italy)
ProfoGmbh (Germany)
PT Panverta Cakrakencana (Indonesia)
Polyplex (India)
Jindal Poly Films (India)
3B Films Pvt (India)
Poligal. S.A. (Peru)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook