Cast Polypropylene Film Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027
The global cast Polypropylene film market is projected to register a significant CAGR of over 6% during the forecast period, 2023-2027. The market growth can be attributed to the rising demands for flexible and safe packaging of foods & beverages. Growing advancement in the packaging and storage of eatables to ensure the quality of food and longevity of the items is expected to propel the demand for cast polypropylene film. The high transparency of the cast Polypropylene film against mLLDPE and LDPE and its excellent heat-sealing properties are anticipated to boost the demand for cast Polypropylene film in the upcoming five years.
Cast Polypropylene films are low-cost thermoplastic packaging materials produced into thin films and have excellent tensile strength, clarity, and gloss. The films are more resistant to impact and high temperatures because of their high melting point. High moisture barrier, dimensional stability, and printability are other benefits of the material that extend the shelf life of goods, including food, clothing, cosmetics, and pharmaceuticals. The cast Polypropylene films meet consumer needs and the safety regulations for packing and storage in response to the growing demand for environmentally friendly, safe use, recyclable packaging materials. Environment-friendly benefits of the cast Polypropylene material are further aiding the growth of the market during the forecast period. Ongoing research and development activities to advance CPP films, which are 100% recycled, is expected to support the growth of the global cast Polypropylene market in the coming years.
The global cast Polypropylene film market segmentation is based on thickness, type, packaging type, end-use industry, regional distribution, and competitive landscape. Based on thickness, the market is further segmented into 18-micron, 18-50 micron, 50-80 micron, and above 80 micron. The 20-30 micron segment is anticipated to register the highest growth in the global cast Polypropylene film market as they are widely used across the food & beverage industry due to their high flexibility. By end-use industry, the market is bifurcated into food and beverages, floral, textile, and healthcare. The textile industry is expected to showcase considerable growth owing to increasing population, rapid urbanization, and rising personal disposable income in emerging economies such as China, India, and Brazil.
Key players operating in the global cast Polypropylene market are Polyplex Corporation Ltd., American Profol Inc., Uflex Ltd., Polinas, Jindal Poly films Limited, Cool International Ltd., PT. Bhineka Tatamulya Industri, Mitsui Chemicals, LC Packaging International PV, Futamore Chemical Co Ltd., Thai Film Industries Public Company Ltd., Oben Holding Group S.A.C, Taghleef Industries LLC, Schur Flexible Group, Cosmo Films Ltd, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027
Objective of the Study:
- To analyze the historical growth in the market size of the global cast polypropylene film from 2017 to 2021.
- To estimate and forecast the market size of global cast polypropylene film market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the global cast polypropylene film market based on thickness, type, packaging type, end use industries, region, and company.
- To identify the dominant region or segment in the global cast polypropylene film market.
- To identify drivers and challenges for the global cast polypropylene film market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global cast polypropylene film market.
- To identify and analyze the profiles of leading players operating in the global cast polypropylene film market.
- To identify key sustainable strategies adopted by market players in global cast polypropylene film market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the Global cast polypropylene film market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global cast Polypropylene film market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Cast Polypropylene Film Market, By Thickness:
- Up to 18 Micron
- 18-50 Micron
- 50-80 Micron
- Above 80 Micron
- Cast Polypropylene Film Market, By Type:
- Transparent
- White Heat Sealable
- Metallized Heat Sealable
- Others
- Cast Polypropylene Film Market, By Packaging Type:
- Bags and Pouches
- Wraps
- Lamination
- Labels
- Others
- Cast Polypropylene Film Market, By End Use Industry:
- Food and Beverages
- Floral
- Textile
- Healthcare
- Cast Polypropylene Film Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global cast Polypropylene film market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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