Lucintel's latest market report analyzed that BOPP film provides attractive opportunities in food packaging, non-food packaging, and industrial applications. The BOPP film market is expected to reach $38.8 billion by 2028 with a CAGR of 4.7%. In this market, transparent films is the largest segment by film type, whereas food packaging is largest by application. Development of PVdC-free high barrier BOPP films and increasing demand for oxi-biodegradable BOPP films provides strategic growth path in this market.

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Based on film type, the BOPP film market is segmented into transparent films, metalized films, and white/opaque. The transparent films segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand for transparent films in the food industry to provide high level of aesthetic appeal in product packaging.

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The BOPP Film Market is marked by the presence of several big and small players. Some of the prominent players offering BOPP film include Jindal Poly Films, Cosmo Films Ltd., SIBUR, Uflex Limited, Treofan Group, Innovia Films, Inteplast Group, KOPAFILMS Elektrofolien GmbH, ZhejiangKinlead Innovative Materials.

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