Global Metalized Biaxially Oriented Polypropylene Films Market by Application (Graphics, Electronics & Insulations, Laminations, Packaging, Labels & Tags) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2019, the global market for metalized biaxially-oriented polypropylene film was worth USD 5.4 billion. It is projected to grow at 6.0% compound annual growth rate (CAGR), between 2020 and 2027. The rising packaging industry driven by high levels of consumerism in emerging countries is expected to increase the demand for metalized Biaxially Oriented Polypropylene (MBOPP), film during the forecast period. There are many guidelines that regulate the safe use of packaging materials for food and beverages. Due to the COVID-19 pandemic, there has been an increase in demand for medical and healthcare products such as temperature guns, pharmaceutical packaging, and other related products. This is driving demand for MBOPP films in the medical packaging segment. The consumer goods segment will grow faster than the medical, healthcare and packaging industries.

E-commerce websites have helped increase the demand for affordable consumer electronics, including laptop, modems, and mobile devices. The market is expected to grow due to the rising demand for consumer electronics.

The rising standard of living, increasing consumerism and increased purchasing power parity among consumers has prompted the evolution in the advertising industry. Companies have begun to include labels and tags inside product packaging, along with the product labeling. These tags and labels are used to advertise the product in indirect and passive ways. Over the forecast period, the market will be driven by the growth of the advertising industry that uses labels, tags and graphics.

Application Insights

The market leader in packaging applications accounted for over 70% of global revenue in 2019, accounting for more than 70%. This can be attributed to the rising demand for packaged food and beverages, as well as personal care products. The main products driving demand for MBOPP films are personal hygiene products such as electronic trimmers, shavers, housewares, and convenience items.

Asia Pacific is known for its growing packaging industry and technological advances in the sector. The high demand for food, beverages, consumer goods and electronics in Asia Pacific is responsible for the growth of the region's packaging industry. A flexible regulatory environment will also help to overcome the constraints found in Western markets.

Asia Pacific will see significant growth due to the rising electronics spending in countries like China, India, Japan. Besides, there are many electronic product manufacturers that are involved in research and development activities in the region such as ASE Electronics Malaysia (SMK Corporation), Honeywell International Inc.., Bajaj Electronics Group, Bajaj Electronics, Honeywell International Inc., Bajaj Electronics Malaysia, SMK Corporation, Honeywell International Inc. and Aar-Em Electronics Pvt. Industry expansion will be driven by Haier Inc. and Lenovo Technologies Co. Ltd.

Regional Insights

The market was dominated by Asia Pacific, which accounted for 54.0% of global revenue in 2019. COVID-19 is expected to drive growth in the electronics, medical and healthcare sectors in Asia Pacific in the coming years.

The packaging segment will also see significant growth due to the increasing demand for personal care products, delicate and smart electronic products, such as mobile phones, laptops and accessories, and other products. The e-commerce sites have seen an increase in electronics product demand, including laptops and mobiles, due to the COVID-19 pandemic. This is expected to increase the demand for MBOPP films over the forecast period.

Europe was the second largest regional market in 2019, after China. Major applications such as packaging and electronics and laminations graphics labels and tags are driving the market. The market is expected to grow in the near future due to rising demand for electronic products, including home security systems, laptops, and burgers.

North America's market for metalized, biaxially oriented, polypropylene film will experience slower growth than Europe and Asia Pacific. This is due to the COVID-19 pandemic affecting cross-border trade between the countries. This market is driven by the rising demand for medical products as well as packed food, beverages and snacks. The region has the highest per-capita demand for packaged food and beverages.

Market Share Insights & Key Companies

The market is competitive on the basis product quality and the technology used to produce metalized biaxially-oriented polypropylene film (MBOPP). Major players are involved with the expansion of manufacturing facilities, infrastructural developments, investment in research and development facilities, as well as seeking opportunities to vertically integrate throughout the value chain. Jindal Films, a manufacturer of Brindisi, Italy metalizing and extrusion products, announced in March 2018 that they had expanded their facility. This expansion will meet the increasing demand for metalized films in different industries.

These initiatives allow them to meet increasing global demand, increase their competitive effectiveness, improve their sales and operations planning and develop innovative products. They also help expand their customer base by lowering their production costs. Due to the large number of global manufacturers, the global market is fragmented. The market for metalized biaxially-oriented polypropylene film is dominated by the following:

• FlexFilms

• POLINAS

• DUNMORE Corporation

• Vibac Group S.p.a.

• Chiripal Poly Film Limited

• Cosmo Films

Up Market Research published a new report titled “Metalized Biaxially Oriented Polypropylene Films Market research report which is segmented by Application (Graphics, Electronics & Insulations, Laminations, Packaging, Labels & Tags), By Players/Companies FlexFilms, DUNMORE Corporation, Chiripal Poly Film Limited, POLINAS, Vibac Group Spa, Cosmo Films”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Metalized Biaxially Oriented Polypropylene Films Market Report Segments:

The market is segmented by Application (Graphics, Electronics & Insulations, Laminations, Packaging, Labels & Tags).

Metalized Biaxially Oriented Polypropylene Films Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Metalized Biaxially Oriented Polypropylene Films Market

Overview of the regional outlook of the Metalized Biaxially Oriented Polypropylene Films Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Metalized Biaxially Oriented Polypropylene Films Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Metalized Biaxially Oriented Polypropylene Films Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Graphics

                2. Electronics & Insulations

                3. Laminations

                4. Packaging

                5. Labels & Tags

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Metalized Biaxially Oriented Polypropylene Films Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
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Reasons to Purchase the Metalized Biaxially Oriented Polypropylene Films Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.