Product Code: PK 9323
The BOPET films market size is projected to grow from USD 10.49 billion in 2024 and is projected to reach USD 13.22 billion by 2029, at a CAGR of 4.7%. The BOPET films market has a promising future as consumers are choosing environment-friendly packaging which will increase the demand for eco-friendly BOPET films. The high demand for packaged food and the rising trend toward lightweight and durable packaging will boost the BOPET films market.
Scope of the Report |
Years Considered for the Study | 2022-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD Million), Volume (Kilotons) |
Segments | Thickness, Application, End-use Industry, and Region |
Regions covered | North America, Asia Pacific, Europe, Middle East & Africa, and South America |
" Thick is projected to be the second largest segment by thickness in BOPET films market"
The thick segment is the second largest thickness segment in the BOPET films market because they provide good insulation and can be used in industrial and electrical uses. They are commonly used in electronics and automotive industries. Thick BOPET films can handle wear and tear, and high temperatures which is important for products that need to last a long time. There is also a growing demand for thick films in construction and graphics.
"Electrical & electronics is projected to be the second largest segment by application in BOPET films market"
The electrical & electronics segment is the second largest application because these films offer excellent electric insulation and are dielectric materials that protect electric circuits. The growing demand for gadgets and renewable energy projects such as solar panels will increase the demand for BOPET films.
"Electrical & electronics is the largest segment by end-use industry in BOPET films market during forecast region."
Electrical & electronics is the second-largest end-use industry segment in the BOPET films market because these films provide excellent heat resistance and strength. The rise of electric vehicles will boost demand for BOPET films. As the electronics industry is growing BOPET films will help in keeping the products last longer.
"Europe counts for the second-largest share in BOPET films market by region"
Europe is the second-largest market for BOPET films because of its strict regulations on food safety and packaging standards. This will increase the demand for BOPET films with excellent barrier properties. Consumers in Europe prefer eco-friendly packaging, this will increase the use of recyclable BOPET films. Government initiatives supporting recycling and reducing plastic waste will augment the BOPET films market in Europe.
By Company Type: Tier 1: 25%, Tier 2: 42%, and Tier 3: 33%
By Designation: C-level Executives: 20%, Directors: 30%, and Others: 50%
By Region: North America: 20%, Europe: 10%, Asia Pacific: 40%, South America: 10%, Middle East & Africa 20%
Notes: Others include sales, marketing, and product managers.
Tier 1: >USD 1 Billion; Tier 2: USD 500 million-1 Billion; and Tier 3: <USD 500 million
Companies Covered: Toray Industries, Inc. (Japan), UFlex Limited (India), Polyplex (India), SRF Limited (India), Jindal Poly Films Limited (India), and others are covered in the BOPET films market.
The study includes an in-depth competitive analysis of these key players in the BOPET films market, with their company profiles, recent developments, and key market strategies
Research Coverage
This research report categorizes the BOPET films market by thickness (thick, thin), by application (packaging, electrical & electronics, imaging, and other applications), end-use industry (food & beverage, personal care & cosmetics, pharmaceuticals, electrical & electronics, and other end-use industries) and by region (Asia Pacific, North America, Europe, South America, and Middle East & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the BOPET films market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Agreements, new product launches, acquisitions, and recent developments associated with the BOPET films market. Competitive analysis of upcoming startups in the BOPET films market ecosystem is covered in this report.
Reasons to buy the report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall BOPET films market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rising e-commerce industry), restraints (Fluctuations in raw material prices), opportunities (Innovation in BOPET films ), and challenges (Supply chain disruptions and trade restrictions).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the BOPET films market
- Market Development: Comprehensive information about profitable markets - the report analyses the BOPET films market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the BOPET films market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Toray Industries, Inc. (Japan), UFlex Limited (India), Polyplex (India), SRF Limited (India), Jindal Poly Films Limited (India) among others in the BOPET films market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.3.4 CURRENCY CONSIDERED
- 1.3.5 UNITS CONSIDERED
- 1.4 LIMITATIONS
- 1.5 STAKEHOLDERS
- 1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key data from primary sources
- 2.1.2.2 Key industry insights
- 2.2 MARKET SIZE ESTIMATION
- 2.3 BASE NUMBER CALCULATION
- 2.3.1 DEMAND-SIDE APPROACH
- 2.3.2 SUPPLY-SIDE APPROACH
- 2.4 MARKET FORECAST APPROACH
- 2.5 DATA TRIANGULATION
- 2.6 FACTOR ANALYSIS
- 2.7 RESEARCH ASSUMPTIONS
- 2.8 RESEARCH LIMITATIONS AND RISK ANALYSIS
- 2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BOPET FILMS MARKET
- 4.2 ASIA PACIFIC: BOPET FILMS MARKET, BY THICKNESS AND COUNTRY
- 4.2.1 BOPET FILMS MARKET, BY THICKNESS
- 4.2.2 BOPET FILMS MARKET, BY APPLICATION
- 4.2.3 BOPET FILMS MARKET, BY END-USE INDUSTRY
- 4.3 BOPET FILMS MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Growing e-commerce industry
- 5.2.1.2 Increasing demand for flexible packaging
- 5.2.1.3 Rising demand for BOPET films in solar energy sector
- 5.2.1.4 Growing concerns about sustainability
- 5.2.2 RESTRAINTS
- 5.2.2.1 Fluctuations in raw material prices
- 5.2.2.2 Increasing competition from alternative packaging
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Innovations in BOPET films
- 5.2.3.2 Rise of smart packaging solutions
- 5.2.3.3 Increasing demand for BOPET films from emerging countries
- 5.2.3.4 Growing demand for BOPET films in electronics industry
- 5.2.4 CHALLENGES
- 5.2.4.1 Supply chain disruptions and trade restrictions
- 5.2.4.2 Absence of recycling infrastructure
- 5.3 TRENDS & DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
- 5.3.1 TRENDS & DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
- 5.3.2 PRICING ANALYSIS
- 5.3.2.1 Pricing analysis based on thickness
- 5.3.2.2 Pricing analysis based on region
- 5.4 VALUE CHAIN ANALYSIS
- 5.5 ECOSYSTEM ANALYSIS
- 5.6 TECHNOLOGY ANALYSIS
- 5.6.1 KEY TECHNOLOGIES
- 5.6.2 COMPLEMENTARY TECHNOLOGIES
- 5.6.3 ADJACENT TECHNOLOGIES
- 5.7 IMPACT OF GEN AI/AI ON BOPET FILMS MARKET
- 5.8 PATENT ANALYSIS
- 5.8.1 INTRODUCTION
- 5.8.2 METHODOLOGY
- 5.8.3 BOPET FILMS MARKET, PATENT ANALYSIS (2015-2024)
- 5.9 TRADE ANALYSIS
- 5.9.1 EXPORT SCENARIO (HS CODE 392062)
- 5.9.2 IMPORT SCENARIO (HS CODE 392062)
- 5.10 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.11 TARIFF AND REGULATORY LANDSCAPE
- 5.11.1 TARIFF SCENARIO FOR HS-CODE 392062 COMPLIANT PRODUCTS
- 5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.11.3 KEY REGULATIONS
- 5.11.3.1 REACH Regulation (EU) 10/2011 AND (EC) 1935/2004
- 5.11.3.2 Regulation (EC) No. 2023/2006
- 5.11.3.3 ISO Standards
- 5.12 PORTER'S FIVE FORCES ANALYSIS
- 5.12.1 THREAT OF NEW ENTRANTS
- 5.12.2 THREAT OF SUBSTITUTES
- 5.12.3 BARGAINING POWER OF SUPPLIERS
- 5.12.4 BARGAINING POWER OF BUYERS
- 5.12.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.13.2 BUYING CRITERIA
- 5.14 CASE STUDY ANALYSIS
- 5.14.1 TACKLING SUSTAINABILITY CHALLENGES IN FLEXIBLE PACKAGING: ROLE OF MONO PET FILMS IN MEETING EU TARGETS
- 5.14.2 ENHANCING FRESHNESS AND SUSTAINABILITY WITH ALOX PET HIGH BARRIER FILM
- 5.14.3 ANALYSIS OF FACTORS CONTRIBUTING TO B-GRADE PRODUCTION IN BOPET FILM MANUFACTURING
- 5.15 MACROECONOMIC ANALYSIS
- 5.15.1 INTRODUCTION
- 5.15.2 GDP TRENDS AND FORECASTS
- 5.16 INVESTMENT AND FUNDING SCENARIO
6 BOPET FILMS MARKET, BY THICKNESS
- 6.1 INTRODUCTION
- 6.2 THIN
- 6.2.1 ODORLESS, COLORLESS, NON-TOXIC, OUTSTANDING TOUGHNESS TO BOOST MARKET
- 6.3 THICK
- 6.3.1 EXCEPTIONAL ELECTRICAL INSULATION PROPERTIES TO DRIVE DEMAND FOR ELECTRICAL, ELECTRONICS, AND INDUSTRIAL APPLICATIONS
7 BOPET FILMS MARKET, BY APPLICATION
- 7.1 INTRODUCTION
- 7.2 PACKAGING
- 7.2.1 TRANSPARENCY AND EXCELLENT BARRIER PROPERTIES AGAINST GASES AND MOISTURE TO PROPEL MARKET
- 7.3 ELECTRICAL & ELECTRONICS
- 7.3.1 HIGH DIELECTRIC STRENGTH, LOW DIELECTRIC CONSTANT, AND SUPERIOR RESISTANCE TO DRIVE MARKET FOR HIGH-VOLTAGE APPLICATIONS
- 7.4 IMAGING
- 7.4.1 SUPERIOR OPTICAL CLARITY, MECHANICAL STABILITY, AND DURABILITY TO DRIVE MARKET
- 7.5 OTHER INDUSTRIAL
8 BOPET FILMS MARKET, BY END-USE INDUSTRY
- 8.1 INTRODUCTION
- 8.2 FOOD & BEVERAGES
- 8.2.1 GLOBAL DEMOGRAPHIC SHIFTS TO DRIVE MARKET
- 8.3 PERSONAL CARE & COSMETICS
- 8.3.1 EXCEPTIONAL STRENGTH, PUNCTURE RESISTANCE, AND BARRIER PROTECTION TO BOOST MARKET
- 8.4 PHARMACEUTICALS & MEDICAL
- 8.4.1 EXCELLENT BARRIER PROPERTIES AGAINST MOISTURE, OXYGEN, AND LIGHT TO DRIVE MARKET
- 8.5 ELECTRICAL & ELECTRONICS
- 8.5.1 INCREASE IN SOLAR ENERGY INFRASTRUCTURE TO PROPEL MARKET
- 8.6 OTHER END-USE INDUSTRIES
9 BOPET FILMS MARKET, BY REGION
- 9.1 INTRODUCTION
- 9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.1.1 Dominance of pharmaceutical sector to propel market growth
- 9.2.2 CANADA
- 9.2.2.1 Surge in demand from food & beverage sector to drive market
- 9.2.3 MEXICO
- 9.2.3.1 Rising demand for advanced packaging in food and healthcare sectors to drive market
- 9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.1.1 Demand for high-performance packaging for food and healthcare industries to drive growth
- 9.3.2 UK
- 9.3.2.1 Economic expansion and innovation to propel growth
- 9.3.3 FRANCE
- 9.3.3.1 Advancing innovation and eco-friendly packaging solutions to drive market
- 9.3.4 RUSSIA
- 9.3.4.1 Increasing consumer demand for eco-friendly solutions to propel market growth
- 9.3.5 ITALY
- 9.3.5.1 Booming healthcare industry to drive market
- 9.3.6 SPAIN
- 9.3.6.1 Rising demand for high-performance and sustainable packaging solutions to drive market
- 9.3.7 REST OF EUROPE
- 9.4 MIDDLE EAST & AFRICA
- 9.4.1 GCC COUNTRIES
- 9.4.1.1 Saudi Arabia
- 9.4.1.1.1 Strong growth of food & beverage industry to boost market
- 9.4.1.2 UAE
- 9.4.1.2.1 Expansion across FMCG, F&B, cosmetics, and pharmaceuticals sectors to fuel market
- 9.4.1.3 Rest of GCC countries
- 9.4.2 TURKIYE
- 9.4.2.1 Sustainability and expanding consumer markets to drive growth
- 9.4.3 SOUTH AFRICA
- 9.4.3.1 Booming food and healthcare industries to propel demand
- 9.4.4 REST OF MIDDLE EAST & AFRICA
- 9.5 SOUTH AMERICA
- 9.5.1 BRAZIL
- 9.5.1.1 Expanding industrial and export sectors to drive demand
- 9.5.2 ARGENTINA
- 9.5.2.1 Expanding F&B and beef export sectors to drive market
- 9.5.3 REST OF SOUTH AMERICA
- 9.6 ASIA PACIFIC
- 9.6.1 CHINA
- 9.6.1.1 Rapidly expanding aging population to drive market
- 9.6.2 INDIA
- 9.6.2.1 Growing e-commerce industry to propel market
- 9.6.3 JAPAN
- 9.6.3.1 Pharmaceutical industry to boost market
- 9.6.4 SOUTH KOREA
- 9.6.4.1 Expanding pharmaceutical and clinical research industries to drive growth
- 9.6.5 INDONESIA
- 9.6.5.1 Increasing popularity of packaged food to boost market
- 9.6.6 REST OF ASIA PACIFIC
10 COMPETITIVE LANDSCAPE
- 10.1 OVERVIEW
- 10.2 KEY PLAYER STRATEGIES
- 10.3 MARKET SHARE ANALYSIS
- 10.4 COMPANY VALUATION AND FINANCIAL METRICS
- 10.5 PRODUCT/BRAND COMPARISON ANALYSIS
- 10.6 COMPANY EVALUATION MATRIX: KEY PLAYERS
- 10.6.1 STARS
- 10.6.2 EMERGING LEADERS
- 10.6.3 PERVASIVE PLAYERS
- 10.6.4 PARTICIPANTS
- 10.6.5 COMPANY FOOTPRINT: KEY PLAYERS
- 10.6.5.1 Company footprint
- 10.6.5.2 Region footprint
- 10.6.5.3 Thickness footprint
- 10.6.5.4 Application footprint
- 10.6.5.5 End-use industry footprint
- 10.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 10.7.1 PROGRESSIVE COMPANIES
- 10.7.2 RESPONSIVE COMPANIES
- 10.7.3 DYNAMIC COMPANIES
- 10.7.4 STARTING BLOCKS
- 10.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 10.7.5.1 Detailed list of key startups/SMEs
- 10.7.5.2 Competitive benchmarking of key startups/SMEs
- 10.8 COMPETITIVE SCENARIO
- 10.8.1 PRODUCT LAUNCHES
- 10.8.2 DEALS
- 10.8.3 EXPANSIONS
11 COMPANY PROFILES
- 11.1 KEY PLAYERS
- 11.1.1 TORAY INDUSTRIES, INC
- 11.1.1.1 Business overview
- 11.1.1.2 Products/Solutions/Services offered
- 11.1.1.3 Recent developments
- 11.1.1.3.1 Product launches
- 11.1.1.3.2 Expansions
- 11.1.1.4 MnM view
- 11.1.1.4.1 Right to win
- 11.1.1.4.2 Strategic choices
- 11.1.1.4.3 Weaknesses and competitive threats
- 11.1.2 UFLEX LIMITED
- 11.1.2.1 Business overview
- 11.1.2.2 Products/Solutions/Services offered
- 11.1.2.3 Recent developments
- 11.1.2.3.1 Product launches
- 11.1.2.3.2 Deals
- 11.1.2.3.3 Expansions
- 11.1.2.4 MnM view
- 11.1.2.4.1 Right to win
- 11.1.2.4.2 Strategic choices
- 11.1.2.4.3 Weaknesses and competitive threats
- 11.1.3 POLYPLEX
- 11.1.3.1 Business overview
- 11.1.3.2 Products/Solutions/Services offered
- 11.1.3.3 Recent developments
- 11.1.3.4 MnM view
- 11.1.3.4.1 Right to win
- 11.1.3.4.2 Strategic choices
- 11.1.3.4.3 Weaknesses and competitive threats
- 11.1.4 SRF LIMITED
- 11.1.4.1 Business overview
- 11.1.4.2 Products/Solutions/Services offered
- 11.1.4.3 Recent developments
- 11.1.4.4 MnM view
- 11.1.4.4.1 Right to win
- 11.1.4.4.2 Strategic choices
- 11.1.4.4.3 Weaknesses and competitive threats
- 11.1.5 JINDAL POLY FILMS LIMITED
- 11.1.5.1 Business overview
- 11.1.5.2 Products/Solutions/Services offered
- 11.1.5.3 Recent developments
- 11.1.5.4 MnM view
- 11.1.5.4.1 Right to win
- 11.1.5.4.2 Strategic choices
- 11.1.5.4.3 Weaknesses and competitive threats
- 11.1.6 MYLAR SPECIALTY FILMS
- 11.1.6.1 Business overview
- 11.1.6.2 Products/Solutions/Services offered
- 11.1.6.3 MnM view
- 11.1.7 MITSUBISHI POLYESTER FILM GMBH
- 11.1.7.1 Business overview
- 11.1.7.2 Products/Solutions/Services offered
- 11.1.7.3 Recent developments
- 11.1.7.4 MnM view
- 11.1.8 SKC
- 11.1.8.1 Business overview
- 11.1.8.2 Products/Solutions/Services offered
- 11.1.8.3 MnM view
- 11.1.9 JIANGSU SHUANGXING COLOR PLASTIC NEW MATERIAL CO., LTD.
- 11.1.9.1 Business overview
- 11.1.9.2 Products/Solutions/Services offered
- 11.1.9.3 Recent developments
- 11.1.9.4 MnM view
- 11.1.10 VACMET INDIA LIMITED
- 11.1.10.1 Business overview
- 11.1.10.2 Products/Solutions/Services offered
- 11.1.10.3 MnM view
- 11.2 OTHER PLAYERS
- 11.2.1 COSMO FIRST LIMITED
- 11.2.2 ESTER INDUSTRIES LIMITED
- 11.2.3 GETTEL HIGH-TECH MATERIALS CO. LTD.
- 11.2.4 FUTAMURA CHEMICAL CO., LTD.
- 11.2.5 CHIRIPAL POLY FILMS
- 11.2.6 POLINAS
- 11.2.7 PT TRIAS SENTOSA TBK
- 11.2.8 OBEN GROUP
- 11.2.9 FATRA, A.S.
- 11.2.10 FUWEI FILMS (SHANDONG) CO., LTD.
- 11.2.11 GARWARE HI-TECH FILMS
- 11.2.12 RETAL INDUSTRIES LTD.
- 11.2.13 TRANSCENDIA
- 11.2.14 SUMILON POLYESTER LTD.
- 11.2.15 FAM TI
12 ADJACENT AND RELATED MARKET
- 12.1 INTRODUCTION
- 12.2 LIMITATIONS
- 12.2.1 PACKAGING FILMS MARKET
- 12.2.1.1 Market definition
- 12.2.1.2 Packaging films market, by film
- 12.2.1.3 Packaging films market, by type
- 12.2.1.4 Packaging films market, by application
- 12.2.1.5 Packaging films market, by region
13 APPENDIX
- 13.1 DISCUSSION GUIDE
- 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 13.3 CUSTOMIZATION OPTIONS
- 13.4 RELATED REPORTS
- 13.5 AUTHOR DETAILS