Global BOPET Packaging Film Market to 2027
Global BOPET Packaging Film Market to 2027
Market Overview
BOPET is commonly called as Biaxially-Oriented Polyethylene Terephthalate. BOPET is the polyester film which is made by stretching polyethylene terephthalate (PET). These films provide various benefits like tensile strength, transparency, chemical and dimensional stability, reflectivity, electrical insulation, and gas and aroma barrier properties. Food contamination is major concern in food and beverage industry, especially in retail chain.
Market Drivers
Increase in demand for advanced packaging solutions is the key driving factor which is expected to boost the global BOPET packaging film market growth. Further, increase in awareness about advantages of BOPET films will have the positive impact on global BOPET packaging film market growth. Also, increase in demand for BOPET packaging films in cosmetic industry which is expected to propel the growth of global BOPET packaging film market during this forecast period. Moreover, rise in adoption of BOPET packaging films in various industries such as packaging, industrial, electrical and electronics, imaging, and other industries will fuel the global BOPET packaging film market growth.
Market Restraints
However, availability of other products and fluctuations in raw material cost are the restraining factor which are expected to hamper the global BOPET packaging film market growth.
Market Segmentation
Global BOPET Packaging Film Market is segmented into thickness such as Thin, and Thick, by coating type such as Coated, and Non-coated, by product type such as Sachets, Pouches, Bags, Shrink Films, Stretch Wraps, and Others. Further, Global BOPET Packaging Film Market is segmented into application such as Food & Beverages, Cosmetics, Electrical and Electronics, Industrial, Imaging, Pharmaceutical, Automotive, and Others.
Also, Global BOPET Packaging Film Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as JBF RAK LLC, Terphane LLC, Polyplex, Fatra A.S., RETAL Industries, Futamura Chemical, SRF Limited, Jindal Poly Films, Dupont Teijin Films, Toray Plastics, and Uflex Ltd.
Market Taxonomy
By Thickness
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