Dublin, Nov. 28, 2022 (GLOBE NEWSWIRE) -- The "Cast Polypropylene Film Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Thickness, By Type, By Packaging Type, By End Use Industry, By Region" report has been added to ResearchAndMarkets.com's offering.
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 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.
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.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global cast Polypropylene film market.
- Polyplex Corporation Ltd
- American Profol Inc
- Uflex Ltd
- Polinas
- Jindal Poly films Limited
- Copol International Ltd
- PT. Bhineka Tatamulya Industries
- 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
Report Scope:
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
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
For more information about this report visit https://www.researchandmarkets.com/r/7po76c
