BOPP For Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

BOPP For Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

A recent study by Fairfield Market Research has reported that the global BOPP (Biaxially Oriented Polypropylene) for labels market achieved an impressive revenue of approximately US$ 20 billion in the year 2024. The market is expected to witness robust growth reaching an estimated market valuation of around US$ 30 billion by the year 2031.

Growing Use of BOPP in Food Packaging

BOPP films have gained prominence in various sectors, including laminating, labeling, and packaging, owing to their natural salability, exceptional clarity, moisture barrier properties, image reproduction capabilities, and extended shelf life. These attributes make BOPP the preferred substrate for food packaging globally. BOPP bags and pouches, known for their cost-effectiveness, recyclability, and environmental friendliness, are becoming increasingly popular. Their high aesthetic appeal also adds an advertising dimension to packaged goods.

Rising Adoption Across Industries

The rapid growth of the BOPP for labels market can be attributed to the high adoption of BOPP by manufacturers across various industries. Label printing businesses are expanding their offerings to meet evolving customer needs and grow their operations. Recent advancements in analog and digital print technology have facilitated this expansion.

Impact of BOPP in Food Packaging

The demand for food packaging is on the rise, especially in Europe, where key food items such as meat, fresh fruit, confectionery, tea, and coffee drive substantial market share. BOPP is the material of choice for many food-packaging companies due to its superior endurance, printability, clarity, and display capabilities. Additionally, BOPP usage in packaging tobacco products has seen significant growth, and this trend is expected to continue in the coming years.

Mergers & Acquisitions Reshaping the Market

The global packaging industry is witnessing a high level of consolidation activities, driven by the need to tap into untapped markets and formulate long-term strategies for survival in a competitive landscape. For example, Jindal Poly Films Ltd., an India-based manufacturer, acquired the global BOPP business of Exxon Mobil Chemical. This strategic move expanded production capacity and positioned Jindal Poly Films Ltd. as a leading BOPP film producer globally.

Competition from Alternative Plastic Materials

The demand for high barrier flexible packaging solutions has led to increased competition, with materials such as EVOH, PVdC, PA, PEN, and MFC being used as barrier materials. High-barrier coatings are also gaining popularity, and a combination of high barrier films and coatings is employed for ultra-high barrier protection. Barrier properties have become essential for product differentiation and brand identity in a competitive market.

Moisture-Resistant and Cost-Effective Films in Demand

BOPP's low density results in increased yield compared to films made from other polymers, making it a cost-effective choice. The demand for high moisture barrier packaging films is growing, particularly for food products with extended shelf lives. BOPP's versatility and suitability for various applications, including VFFS and HFFS packaging, are contributing to rising demand in the packaging industry.

Country-wise Insights
• USA: The pharmaceutical packaging market in the USA is witnessing significant changes, with a focus on innovative packaging design and meeting quality, production protection, and security requirements.
• UK: Manufacturers in the UK are launching campaigns to attract consumers and improve their products in a way that aligns with sustainability criteria. Innovations in materials like BOPP are driving sustainable packaging solutions.

Competitive Landscape Analysis
• Key Companies Profiled:
• CCL Industries Inc.
• Avery Dennison Corporation
• Fuji Seal International, Inc.
• Huhtamaki oyj
• Walle Corporation
• Anchor Printing
• Traco Manufacturing, Inc.
• Fort Dearborn Company
• Resource Label group, LLC
• Axiom Label Group
• 3M Company
• Coveris Holdings S.A.
• Others

Segmentation of BOPP For Labels Industry Research

Product Type
• Pressure Sensitive Labels
• Shrink Labels
• Wet Glue Labels
• Others (In mold, Pre-gummed, etc.)

Printing Technology
• Flexographic Printing
• Digital Printing
• Gravure Printing
• Offset Printing

Thickness
• Up to 20 micron
• 21 to 40 micron
• 41 to 60 micron
• More than 60 micron

End Use
• Food
Confectionery & Bakery
Dairy & Desert
Baby Food
Chilled/ Frozen Food
Others
• Beverages
Alcoholic
Non- Alcoholic
• Pharmaceutical
Tablets/ Capsules
Cream/Ointment
Liquid Syrup
Others
• Cosmetics & Personal Care
• Homecare & Toiletries
• Chemicals
• Automobiles
• Others

Region
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa (MEA)

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