Home / Press Release / Global Polypropylene Packaging Films Market Projected to Grow At a CAGR of 6.1% during the Forecast Period

Global Polypropylene Packaging Films Market Projected to Grow At a CAGR of 6.1% during the Forecast Period

The latest market report published by Credence Research, Inc. “Polypropylene Packaging Films Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the Polypropylene Packaging Films market was valued at US$ 21.6 Bn in 2018 and expected to reach US$ 34.7 Bn by 2027 at a CAGR of 6.1% throughout the forecast period from 2019 to 2027.

Market Insights

"Increasing demand of cost effective packaging will spur revenue growth during the forecast period"

The global polypropylene packaging films market is estimated to register moderate growth. This can be associated with the rapid urbanization coupled with rising disposable income and demand for packaged food and medicine especially in the emerging nations such as China, and India among others. Growth in these nations is anticipated to impact the market in a positive way and amplify the market growth. Additionally, the rising demand of the film can be associated with the demand to increase the shelf life of product which in turn is boosting the market growth.

Moreover, availability of sustainable packaging solutions aids in increasing application for polypropylene packaging film which is proliferating the polypropylene packaging films market growth. However factors such as availability of substitutes such as polyethylene are factors anticipated to hinder the growth of the polypropylene packaging films market.

Industrial Developments

Key Market Movements

List of Companies Covered:

Browse the full report at https://www.credenceresearch.com/report/polypropylene-packaging-films-market

The Global Polypropylene Packaging Films Market is Segmented into:

Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion

 By Product Type Segment (2017–2027; US$ Bn)

 By Film Type Segment (2017–2027; US$ Bn)

 By Application Segment (2017–2027; US$ Bn)

 By End-use Segment (2017–2027; US$ Bn)

 By Geography Segment (2017–2027; US$ Bn)

*Complete segmentation list is on report page

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