Global Cast Polypropylene Packaging Films Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Cast Polypropylene Packaging Films Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global cast polypropylene packaging films market report has been segmented on the basis of type, packaging type, end-use industry, and region.
Global Cast Polypropylene Packaging Films Market: Introduction
The cast polypropylene, also known as CPP, these films are manufactured by casting of polypropylene that offers transparency and shine. Cast polypropylene is a material used in packaging process in various end-use industries such as food, pharmaceuticals, textile, among others in order to avoid contamination and protect physical damage of goods.
Global Cast Polypropylene Packaging Films Market: Dynamics
Increasing consumption of ready-to-eat food product is major factor expected to drive growth of the target market over the forecast period. CPP film offers various benefits such as high moisture resistance, transparency, heat resistance, printability, and others which helps to offer cost-effective packaging solution, which in turn expected to propel growth of the target market. Rapid growth of the textile industry, owing to increasing disposable income of population and spending on premium packaging products has led to increase in demand for CPP films, which in turn expected to augment growth of the target market. Cast films offers extended shelf life to food products and aids to damage-free transportation, which is another factor expected to support growth of the target market. Growing demand from pharmaceuticals industry for packaging medicines, vaccines, and other temperature sensitive drugs in order to avoid contamination and physical damage during transportation is another factor anticipated to propel growth of the target market. Increasing research and development activities of major market players to develop biodegradable cast polypropylene is anticipated to offer lucrative revenue growth opportunities for players in the target market.
However, stringent regulations of governments across developed and developing countries regarding usage of plastic material is major factor expected to hamper growth of the target market.
Global Cast Polypropylene Packaging Films Market: Segment Analysis
On the basis of packaging type, bags & pouches segment is expected to register significant growth, owing to increasing demand for snacks and various other ready-to-food products.
On the basis of end user industry, food and beverages segment is expected to account significant share of the market, owing to increasing demand for food packaging in order to avoid food contamination and increasing consumption of on-the-go food.
Global Cast Polypropylene Packaging Films Market: Region Analysis
Asia Pacific cast polypropylene packaging films market is expected to account significant share of market, in terms of revenue, owing to increasing demand from food and beverages industry for food packaging and floral packaging. Increasing consumption of ready-to-eat food products is another factor expected to propel growth of the target market. Cast polypropylene packaging films market in Europe is expected to witness considerable growth, owing to increasing number of working population which has led to increased demand for pre-packaged and ready-to-eat food products. In addition, high disposable income of young population in the counters in this region is expected to increase demand for premium packaged products, which in turn expected to support growth of the target market. Markets in North America, Latin America and Middle East and Africa are anticipated to grow at moderate rate over the forecast period.
Global Cast Polypropylene Packaging Films Market Segmentation:
Segmentation by type:
- General CPP Films
- Retort CPP Films
- Metalized CPP Films
Segmentation by packaging type:
- Bags & Pouches
Segmentation by end-use industry:
- Food and beverages
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Copol International Ltd.
- Bhineka Tatamulya Industri
- Mitsui Chemicals, Inc.
- LC Packaging
- Jindal Poly Films Limited
- Futamora Chemical Co. Ltd.
- Thai Film Industries Public Company Limited
- Oben Holding Group S.A.C.
- Taghleef Industries LLC.
- Schur Flexibles Holding GesmbH
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