Global Cast Polypropylene (CPP) Printing Films Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global cast polypropylene (CPP) printing films market is projected to grow at a CAGR of 5.6% between 2023 and 2028. Aided by the escalating demand for flexible packaging solutions and the myriad applications of CPP printing films in diverse sectors, the market is expected to grow significantly by 2028.
Cast polypropylene (CPP) printing films, celebrated for their versatility, are extruded films that offer superior clarity, high gloss, and excellent heat-sealing capabilities. These attributes make them a favoured choice for packaging a wide array of products, ranging from food items to textiles. They also exhibit noteworthy resistance to tears and punctures, further amplifying their appeal in the packaging domain.
The cast polypropylene printing films market growth is tethered to the booming flexible packaging sector. With the global populace becoming increasingly aware of sustainable practices, there's been a palpable shift towards packaging solutions that are lightweight and reduce the overall carbon footprint. CPP printing films, with their reduced material usage and excellent sealing properties, aptly fit this bill. Their resistance to moisture also makes them an optimal choice for preserving the freshness of food products, thereby accentuating their demand in the food and beverage sector.
Further shaping the cast polypropylene printing films market size is the adaptability of the product for applications beyond the realm of packaging. Their clarity and gloss have found utility in the design of banners and promotional displays, offering businesses an effective medium for branding and advertising.
In the realm of industrial applications, cast polypropylene printing films have carved a niche. Their robust nature makes them ideal for wrapping products that require protection against external factors, such as moisture and dust. This has led to their increased adoption in sectors like textiles and pharmaceuticals, where product preservation is paramount.
Continuous research and development activities are underway to enhance the biodegradability of CPP Films, making them more environmentally friendly. In this regard, the stringent regulations of various governments aimed towards reducing greenhouse emissions are fuelling the cast polypropylene printing films market demand. Innovations are also focusing on improving the barrier properties of these films, thereby extending their application scope.
Market Segmentation
The market can be divided based on thickness, application, and region.
Market Breakup by Thickness
- 20 Micron, 25 Micron, 30 Micron
- 35 Micron, 40 Micron, 45 Micron
- 60 Micron, 80 Micron, 100 Micron
- Others
Market Breakup by Application
- Food Packaging
- Textile Packaging
- Drug Packaging
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global cast polypropylene printing films market. Some of the major players explored in the report by Expert Market Research are as follows:
- Takigawa Corporation
- Profol GmbH
- Polyplex Corporation Limited
- PT. Bhineka Tatamulya Industry
- Jindal Poly Films Limited
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.