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BOPP Laminating Films Market by Application Type ( Printing & Lamination, Adhesive Tape, Photo Album, Garment Bag, Decoration, Others): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

The global BOPP Laminating Films Market is likely to attain a market value of USD 6.80 billion in 2027 from USD 4.24 billion in 2020. The CAGR for this market is likely to reach over 8.2% during the forecast period. 

The BOPP Laminating Films has consistent thickness that offers durability, resistance to tearing and stretching, adjusting compatibility with a huge range of paper and board types, the presence of gloss and matte lamination films, capability to act as a barrier to water vapor. Furthermore, its eco-friendly nature, lightweight, and ability to resist ultraviolet rays, are all the more factors why the global market is anticipated to develop in the future forecasted timeframe. Although, dynamic raw material costs and challenges with respect to investment and manufacture of BOPP laminating films are predicted to restrain the growth during the forecast period. Credence Research is offering holistic information and absolute accuracy on the report titled “Global BOPP Laminating Films Market”.

Key Market Drivers and Restraints

Factors that have high impact on the market growth of industrial electric vehicles will be covered her. Also, covers factors that may challenge or act as opportunity for market will be discussed in order to identify the revenue generation.

Various Factors Driving the Market Growth

Some of the factors like its lightweight, eco-friendly nature, and ability to resist ultraviolet rays, ability to cater to many industries, clarity and thickness of the product, its gloss and high transparency that give the finished product an excellent look and fine finish and its commendable dimensional stability and flatness, contribute largely to the spike in the demand for the BOPP laminating film market in the forecasted period.

Also owing to rapid urbanization, people have transitioned into a modern lifestyle, which led to the surge in BOPP film usage as a significant product for several household purposes, which may include packaging and is expected to benefit the market growth of the BOPP market.

North America to led the global market in geographic regions

On geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research is providing in-depth insight on prominent regions of global market. North America topped the market by acquiring 30.9% share in 2020.

Printing & Lamination dominate the global market in 2020 in terms of Application

Adhesive Tape, Photo Album, Printing & Lamination, Garment Bag, Decoration and Others are the various Applications of this market. BOPP packaging films stay stable and strong through laminating and printing processes, which increases their demand for the purpose of high-quality graphic packaging. With due consideration to their efficient sealing and eat resistance properties, BOPP laminating films have high priority from manufacturing tapes and labels, while adhesive tapes were utilized for electrical insulation.

Frequently asked questions about global industry

  • Which are the different Application of this market?
    Ans: Adhesive Tape, Printing & Lamination, Garment Bag, Photo Album, Decoration and Others are the various applications of this market
  • Name few prominent players in the global industry.
    Ans: COSMO, GBC, DandK, DEPROSA, Mondi, Transilwrap, IPAK, Beijing Kangde Xin, FLEX and GMP are the key players leading this market
  • Which is the fastest growing Application segment for global industry?
    Ans: Printing and Lamination has fastest growth at Application
  • Which is the leading regional market for global industry?
    Ans: North America has the largest share of the market
  • What will be the CAGR (2021 - 2027) of in global industry?
    Ans: The CAGR for this market is likely to reach over 8.2% during the forecast period
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Published Date:  May 2021
Category:  Chemicals
Report ID:   60376
Report Format:   PDF
Pages:   120
Rating:    4.1 (66)
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