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Bi-axially Oriented Polypropylene (BOPP) Market

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This review is based on the findings of a TMR report titled “Bi-axially Oriented Polypropylene (BOPP) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2024.” TMR predicts that the BOPP market will expand at a 5.8% CA
Transparency Market
Research
Bi-axially Oriented Polypropylene (BOPP) Market Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2013 - 2024
Published Date
04-Aug-2016
233 Page Report
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Press Release
Escalating Degree of Competition between Global and Local
Players to Result in Lower Cost of BOPP Films, says TMR
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Bi-axially Oriented Polypropylene
(BOPP) Market
REPORT DESCRIPTION
Bi-axially Oriented Polypropylene (BOPP) Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2013 - 2024
The global bi-axially oriented polypropylene market is undeniably fragmented; so much so, that the top seven
players accounted for less than 20% of the overall market in 2015. The low shares of these manufacturers,
namely, Jindal Poly Films, Taghleef Indsutries, Oben Group, Vibac Group, Cosmos Films, and Vitopel, have
resulted in intense competition. Transparency Market Research predicts that the rivalry among the players is
likely to be intensified by the entry of several local players.
“The degree of competition will rise from medium to high during the forecast period as an increasing number of
local manufacturers lower the cost of the final product by raising the production,” the author of the study states.
The offerings of economical BOPP films by local or new players will enable them to compete with existing
companies.
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The expansion of production capacities and geographical expansions form a key part of the growth strategy of
several companies. A case in point would be Jindal Poly Films Ltd. In November 2015, the company
announced its global expansion plan, which includes an investment of over US$15 mn and the addition of
three new BOPP production lines in various facilities across India, the U.S., and Europe.
Demand for Flexible Packaging Directly Impacting Demand for BOPP
BOPP is increasingly employed in flexible packaging owing to its inherent advantages such as ease of printing,
low cost, inertness to food packaging, and low moisture transmission.
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“The demand for BOPP will be in line with that for flexible packaging in the near future,” the author of the study
predicts. The demand for flexible packaging has been on the rise thanks to the rapid growth in the
pharmaceutical, food and beverages, electronics, and personal care industries and this growth is sure to
impact the demand for BOPP in the coming years. The BOPP market is also fueled by the low cost and
recyclability of BOPP films.
BOPP Market to be Deterred by Fluctuating Prices of Raw Materials
The prices of BOPP are primarily dependent on the prices of polypropylene, which have a strong correlation
with crude oil. As a result, any fluctuations in the prices of crude oil impact those of BOPP. This acts as a major
impediment to the global BOPP market.
On the other hand, a key opportunity for players in the BOPP market, as identified by TMR’s team of analysts,
is the growing need for unique packaging and specialty BOPP films. “Manufacturers can focus on the
development of new and innovative BOPP films that cater to specific requirements such as flavor and color
retention, transparent, colored, or opaque films, and heat sealable films,” an analyst states.
Food Leading Application Segment by Demand and Revenue
TMR predicts that the BOPP market will expand at a 5.8% CAGR from 2016 to 2024 in terms of revenue. The
value of the market was pegged at US$12.7 bn in 2015 and this is projected to increase to US$20.9 bn by
2024. By volume, the market is likely to register a 6.3% CAGR during the forecast period.
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The food segment holds the lead position in the overall BOPP market by application in terms of volume as well
as value. The segment is projected to touch US$14.4 bn in revenue the end of the forecast period.
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Geographically, Asia Pacific will continue leading the global BOPP market, accounting for a volume share of
63% by 2024.
This review is based on the findings of a TMR report titled “Bi-axially Oriented Polypropylene (BOPP) Market:
Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2024.”
BOPP Market, by Application
•
Food
•
Tapes
•
Tobacco
•
Others (medical, consumer goods, etc.)
BOPP Market, by Region
North America
•
U.S.
•
U.S. Northeastern region
•
U.S. Southern region
•
U.S. Western region
•
U.S. Midwestern region
•
Mexico
•
Canada
Central America
•
Guatemala
•
Costa Rica
•
Panama
•
El Salvador
•
Honduras
•
Nicaragua
•
Rest of Central America
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Europe
•
France
•
U.K.
•
Spain
•
Germany
•
Italy
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
India
•
ASEAN
•
Rest of Asia Pacific
Latin America
•
Brazil
•
Argentina
•
Colombia
•
Rest of Latin America
Middle East & Africa (MEA)
•
GCC
•
South Africa
•
Nigeria
•
Angola
•
Cameroon
•
Ivory Coast
•
Rest of MEA
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TABLE OF CONTENT
1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Assumptions
1.4. Market Segmentation
1.5. Research Methodology
2. Executive Summary
2.1. Global BOPP Market, 2013 - 2024, (Kilo Tons) (US$ Mn)
2.2. BOPP Market: Market Snapshot
3. BOPP Market– Industry Analysis
3.1. Introduction
3.2. Value Chain Analysis
3.3. Market Drivers
3.3.1. Increasing Demand in Flexible Packaging Projected to Boost BOPP Market
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3.3.2. Low Cost and Recyclability of BOPP Films Expected to Drive BOPP Market
3.4. Restraints
3.4.1. Fluctuation in Raw Material Prices and Saturation in Developed Regions Anticipated to Act as
Restraint for BOPP Market
3.5. Opportunity
3.5.1. Development of Specialty BOPP films and Untapped Market in Developing Regions Likely to Act
as Opportunity for the BOPP Market
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Degree of Competition
3.7. Global BOPP Market Attractiveness, by Application
3.8. Global BOPP Market Attractiveness, by Country
3.9. Global BOPP Market Share Analysis, 2015
4. Raw Material & Price Trend Analysis
4.1. BOPP Manufacturing Process
4.1.1. Double Bubble / Tubular Film Process
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4.1.2. Stenter Process
4.2. BOPP Global Price Trend (US$/Ton), 2015–2024
4.3. BOPP Regional Price Trend (US$/Ton), 2015–2024
5. BOPP Market – Application Analysis
5.1. BOPP Market: Application Overview
5.2. BOPP Market – By Application Analysis
5.2.1. Global BOPP Market for Food, Volume & Revenue, (Kilo Tons) (US$ Mn), 2013–2024
5.2.2. Global BOPP Market for Tapes, Volume & Revenue, (Kilo Tons) (US$ Mn), 2013–2024
5.2.3. Global BOPP Market for Tobacco, Volume & Revenue, (Kilo Tons) (US$ Mn), 2013–2024
5.2.4. Global BOPP Market for Others, Volume & Revenue, (Kilo Tons) (US$ Mn), 2013–2024
6. BOPP Market - Regional Analysis
6.1. Global BOPP Market: Regional Overview
6.2. North America
6.2.1. North America BOPP Market, Application Analysis, Volume, (Kilo Tons), 2013–2024
6.2.2. North America BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.2.3. U.S. BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.4. U.S. BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
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6.2.5. U.S. Northeastern Region BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.6. U.S. Northeastern Region BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.2.7. U.S. Southern Region BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.8. U.S. Southern Region BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.2.9. U.S. Western Region BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.10. U.S. Western Region BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.2.11. U.S. Midwestern BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.12. U.S. Midwestern BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.2.13. Mexico BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.14. Mexico BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.2.15. Canada BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.2.16. Canada BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.3. Central America
6.3.1. Central America BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.2. Central America BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.3.3. Guatemala BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.4. Guatemala BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.3.5. Costa Rica BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.6. Costa Rica BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
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6.3.7. Panama BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.8. Panama BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.3.9. El Salvador BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.10. El Salvador BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.3.11. Honduras BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.12. Honduras BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.3.13. Nicaragua BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.3.14. Nicaragua BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.3.15. Rest of Central America BOPP Market Volume, by Application, 2013 – 2024 (Kilo Tons)
6.3.16. Rest of Central America BOPP Market Revenue, by Application, 2013 – 2024 (US$ Mn)
6.4. Europe
6.4.1. Europe BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.2. Europe BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.4.3. France BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.4. France BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.4.5. U.K. BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.6. U.K. BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.4.7. Spain BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.8. Spain BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
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6.4.9. Germany BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.10. Germany BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.4.11. Italy BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.12. Italy BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.4.13. Rest of Europe BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.4.14. Rest of Europe BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.5. Asia Pacific
6.5.1. Asia Pacific BOPP Market, Application Analysis, Volume, 2013–2024 (Kilo Tons)
6.5.2. Asia Pacific BOPP Market, Application Analysis, Revenue, 2013–2024 (US$ Mn)
6.5.3. China BOPP Market, Application Analysis, Volume, 2013–2024 (Kilo Tons)
6.5.4. China BOPP Market, Application Analysis, Revenue, 2013–2024 (US$ Mn)
6.5.5. Japan BOPP Market, Application Analysis, Volume, 2013–2024 (Kilo Tons)
6.5.6. Japan BOPP Market, Application Analysis, Revenue, 2013–2024 (US$ Mn)
6.5.7. ASEAN BOPP Market, Application Analysis, Volume, 2013–2024 (Kilo Tons)
6.5.8. ASEAN BOPP Market, Application Analysis, Revenue, 2013–2024 (US$ Mn)
6.5.9. India BOPP Market, Application Analysis, Volume, 2013–2024 (Kilo Tons)
6.5.10. India BOPP Market, Application Analysis, Revenue, 2013–2024 (US$ Mn)
6.5.11. Rest of Asia Pacific BOPP Market, Application Analysis, Volume, 2013–2024 (Kilo Tons)
6.5.12. Rest of Asia Pacific BOPP Market, Application Analysis, Revenue, 2013–2024 (US$ Mn)
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6.6. South America
6.6.1. South America BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.6.2. South America BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.6.3. Brazil BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.6.4. Brazil BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.6.5. Argentina BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.6.6. Argentina BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.6.7. Colombia BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.6.8. Colombia BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.6.9. Rest of South America BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.6.10. Rest of South America BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.7. Middle East & Africa
6.7.1. Middle East & Africa BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.7.2. Middle East & Africa BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.7.3. GCC BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.7.4. GCC BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.7.5. South Africa BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.7.6. South Africa BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.7.7. Nigeria BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
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6.7.8. Nigeria BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–2024
6.7.9. Angola BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.7.10. Angola BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.7.11. Cameroon BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.7.12. Cameroon BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.7.13. Ivory Coast BOPP Market, Application Analysis, Volume (Tons), 2013–2024
6.7.14. Ivory Coast BOPP Market, Application Analysis, Revenue (US$ Thousand), 2013–2024
6.7.15. Rest of Middle East & Africa BOPP Market, Application Analysis, Volume (Kilo Tons), 2013–2024
6.7.16. Rest of Middle East & Africa BOPP Market, Application Analysis, Revenue (US$ Mn), 2013–
2024
7. Company Profiles
7.1. Jindal Poly Films Ltd.
7.1.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.1.2. Business Overview
7.1.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.1.4. Business Strategy
7.1.5. Recent Developments
7.2. Dunmore
7.2.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
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7.2.2. Business Overview
7.2.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.2.4. Business Strategy
7.2.5. Recent Developments
7.3. Innovia Films
7.3.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.3.2. Business Overview
7.3.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.3.4. Business Strategy
7.3.5. Recent Developments
7.4. BIOFILM
7.4.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.4.2. Business Overview
7.4.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.4.4. Business Strategy
7.4.5. Recent Developments
7.5. Taghleef Industries
7.5.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.5.2. Business Overview
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7.5.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.5.4. Business Strategy
7.5.5. Recent Developments
7.6. Treofan Group
7.6.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.6.2. Business Overview
7.6.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.6.4. Business Strategy
7.6.5. Recent Developments
7.7. Vibac Group S.p.a.
7.7.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.7.2. Business Overview
7.7.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.7.4. Business Strategy
7.7.5. Recent Developments
7.8. Futamura Chemical Co., Ltd.
7.8.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.8.2. Business Overview
7.8.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
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7.8.4. Business Strategy
7.8.5. Recent Developments
7.9. Poligal S.A.
7.9.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.9.2. Business Overview
7.9.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.9.4. Business Strategy
7.9.5. Recent Developments
7.10. Manucor S.p.A.
7.10.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.10.2. Business Overview
7.10.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.10.4. Business Strategy
7.10.5. Recent Developments
7.11. Uflex Ltd.
7.11.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.11.2. Business Overview
7.11.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.11.4. Business Strategy
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7.11.5. Recent Developments
7.11.6. Financial Details
7.12. Cosmos Films Ltd.
7.12.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.12.2. Business Overview
7.12.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.12.4. Business Strategy
7.12.5. Recent Developments
7.13. Tempo Group
7.13.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.13.2. Business Overview
7.13.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.13.4. Business Strategy
7.13.5. Recent Developments
7.14. Polyplex Corporation Limited
7.14.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.14.2. Business Overview
7.14.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.14.4. Business Strategy
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7.14.5. Recent Developments
7.14.6. Financial Details
7.15. Kopafilm Elektrofolien GmbH
7.15.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.15.2. Business Overview
7.15.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.15.4. Business Strategy
7.15.5. Recent Developments
7.16. Rowad Global Packaging Co. Ltd.
7.16.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.16.2. Business Overview
7.16.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.16.4. Business Strategy
7.16.5. Recent Developments
7.17. Zubairi Plastic Bags Industry LLC
7.17.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.17.2. Business Overview
7.17.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.17.4. Business Strategy
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7.17.5. Recent Developments
7.18. Chemosvit A.S.
7.18.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.18.2. Business Overview
7.18.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.18.4. Business Strategy
7.18.5. Recent Developments
7.19. Xpro India Limited
7.19.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.19.2. Business Overview
7.19.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.19.4. Business Strategy
7.19.5. Recent Developments
7.19.6. Financial Details
7.20. SRF Limited
7.20.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.20.2. Business Overview
7.20.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.20.4. Business Strategy
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7.20.5. Recent Developments
7.20.6. Financial Details
7.21. Oben Holding Group
7.21.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.21.2. Business Overview
7.21.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.21.4. Business Strategy
7.21.5. Recent Developments
7.22. Biaxplen Ltd.
7.22.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.22.2. Business Overview
7.22.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.22.4. Business Strategy
7.22.5. Recent Developments
7.23. Vitopel S.A.
7.23.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
7.23.2. Business Overview
7.23.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
7.23.4. Business Strategy
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7.23.5. Recent Developments
8. List of Potential/Existing Customers/Convertors/End-users of BOPP
9. Primary Research - Key Findings
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