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The global metalized biaxially oriented polypropylene films market grew at a CAGR of around 3% during 2015-2020. Metalized biaxially oriented polypropylene (BOPP) films comprise polymers and additives that aid in producing flexible packaging, labeling and lamination products. They act as a barrier against water vapor and oxygen, and substrate for manufacturing food grade packaging materials. Nowadays, they are used along with post-lamination operations, such as foil stamping, ultraviolet (UV) spot coating and embossing, to enhance the aesthetic appeal of packaging products. Besides this, metalized BOPP films are utilized in gift wraps and decorative items due to their excellent strength, transparency and glossy surface.
The rising demand for flexible packaging materials to improve the quality, maintain shelf-life and reduce wastage of packaged food products represents one of the leading factors impelling the metalized BOPP films market growth. Moreover, the growing need for various medical and pharmaceutical items on account of the rising cases of the coronavirus disease (COVID-19) is contributing to the market growth. Furthermore, as metalized BOPP films have a low carbon footprint, the rising environmental concerns are encouraging the adoption of these films over other plastic film substrates. Additionally, manufacturers worldwide from different industry verticals are utilizing metalized BOPP films to increase the green credentials of their businesses. They are further developing multi-color printing to enable high-quality printing of graphics on metalized BOPP films. As these films offer high surface tension, better metallics gloss, low density, consistent seal integrity and good machinability, their demand is anticipated to increase in the coming years. Looking forward, IMARC Group expects the global metalized biaxially oriented polypropylene films market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global metalized biaxially oriented polypropylene films market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, thickness and application.
Breakup by Thickness:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Celplast Metallized Products, Chiripal Poly Film Limited, Cosmo Films Ltd., DUNMORE Corporation (Api Group), FlexFilms (Uflex Ltd), Jindal Poly Films Limited, Polinas, SIBUR, Toray Plastics (America) Inc. (Toray Industries Inc.) and Vibac Group S.p.a.
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