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Cast Polypropylene Films Market Forecasts | To expand 1.77 Bn USD in 2025, 197 pages report

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Cast Polypropylene Films Market Forecasts | To expand 1.77 Bn USD in 2025, 197 pages report

July 03
22:32 2019
Cast Polypropylene Films Market Forecasts | To expand 1.77 Bn USD in 2025, 197 pages report

The cast polypropylene films market key players are Profol group, Manuli Stretch s.p.a., Panverta, Polibak, Mitsui Chemicals Tohcello Inc., Jindal Poly Films, Tri-Pack Films Limited, Polyplex, Copol International, Poligal, Uflex Limited, 3B Films Ltd and Plastchim-T.
Asia Pacific Cast Polypropylene (CPP) Films Market was the largest region with revenue of USD 500 million in 2018 and is set to grow at high rate with growing end-uses industries in the region.

According to a report by GMI, Cast Polypropylene Films Market is slated to reach US$ 1.77 billion by 2025, rising at 5.8% compounding annual growth rate between 2019 to 2025. Rapidly growing flexible packaging industry across the globe shall fuel cast polypropylene films demand during the forecast timeframe. Global flexible packaging industry is likely to grow with a CAGR close to 5% in near future. According to the Flexible Packaging Association (FPA) and U.S. Census Bureau, U.S. flexible packaging industry was nearly USD 31 billion in 2017 and projected to grow with a healthy CAGR over the forecast period. In addition, prominently growing food packaging industry owing to rapidly changing lifestyle and eating habits across the globe will have positive impact on CPP films demand during the forecast timespan.

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Cast polypropylene films offer stable and increased product shelf life, high barrier properties and product safety. Moreover, factors such as population rise and gradually increasing disposable income in emerging economies will drive CPP films market over the forecast period. However, increasing threat of substitution and lack of innovation in the industry is likely to hamper product demand to some extent in coming years.

General CPP films were the largest application segment in 2018 and shall hold the same position over the forecast period. Owing to its high transparency, excellent heat seal strength and tear resistance, product demand from past few years has been growing with a rapid CAGR. Metallic CPP films will be the fastest growing product segment during the forecast timeframe and shall expand with CAGR over 6% from 2019 to 2025. This can be attributed to the increasing product demand in food packaging and agriculture industry. Both were the major application segment of metallic CPP films from past several years and will drive the cast polypropylene films market over the forecast duration.

20-30-micron thick cast polypropylene films demand were the highest in 2018 and projected to grow with a healthy CAGR during the forecast period. 20-30-micron CPP films are mostly used for food packaging and food & beverages and accounted for more than half of market share in cast polypropylene films market in 2018. Additionally, low product prices compared to the other products have been fueling the 20-30-micron CPP films demand from past several years. Thus, the segment is likely to retain its position over the forecast period.

Browse complete, “Cast Polypropylene (CPP) Films Market Size By Product (General, Metallic, Retort), By Thickness (20-30 Microns, 31-50 Microns, Above 50 Microns), By Application (Food & Beverages, Agriculture, Stationary, Textile, Medical & Pharmaceutical, Architecture) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Price Trends, Competitive Market Share & Forecast, 2019 – 2025” report,

https://www.gminsights.com/industry-analysis/cast-polypropylene-cpp-market

Stationary was the one of the fastest growing application segments in 2018 and is likely grow with a CAGR over 5% in next few years. Increasing population, literacy and educational expenditure were the major attributes behind it. Food & beverages remained the largest application segment in 2018. Product demand in food & beverages shall expand with a CAGR of 6.1% during the forecast period. CPP films are used in food and bakery packaging owing to its properties such as good tear resistance, heat seal ability and moisture barrier properties.

North America CPP films market generated revenue more than USD 250 million in 2018 and will grow with a CAGR of over 3% during the forecast period. Positively growing food packaging industry in the region major attribute behind it. In addition, increasing agricultural exports from the region will have positive impact on product demand over the forecast period. Some prominent manufacturers working in the industry include Profol, Manuli Stretch, Panverta, Mitsui Chemicals, Polibak, Tri-Pack Films, Jindal Poly Films, Copol, Polyplex, Poligal, Uflex, Plastchim-T and 3B Films.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1252

 

Partial Chapters from Table of Content:

Chapter 2. Executive Summary

2.1.  Cast Polypropylene (CPP) Films industry 360° synopsis, 2014 – 2025

2.1.1.  Business trends

2.1.2.  Product trends

2.1.3.  Thickness trends

2.1.4.  Application trends

2.1.5.  Regional trends

 

Chapter 3. Cast Polypropylene (CPP) Films Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2014 – 2025

3.3.  Industry ecosystem analysis

3.3.1.  Profit margin

3.3.2.  Value addition

3.3.3.  Distribution channel analysis

3.3.4.  Vendor matrix

3.3.4.1.     List of key raw materials manufacturers/suppliers

3.3.4.2.     List of key manufacturers/distributors

3.3.4.3.     List of key end-users

3.4.  Innovation & sustainability

3.4.1.  Patent analysis

3.4.2.  Future trends

3.5.  Industry impact forces

3.5.1.  Growth drivers

3.5.2.  Industry pitfalls & challenges

3.6.  Regulatory landscape

3.6.1.  U.S.

3.6.2.  China

3.6.3.  Europe

3.7.  Growth potential analysis

3.8.  Regional price trends

3.8.1.  Cost structure analysis

3.8.1.1.     R&D cost

3.8.1.2.     Manufacturing & equipment cost

3.8.1.3.     Raw material cost

3.8.1.4.     Distribution cost

3.8.1.5.     Operating cost

3.8.1.6.     Miscellaneous cost

3.8.2.  Price by product

3.8.3.  Price by application

3.9.  Competitive landscape, 2018

3.9.1.  Company market share analysis, 2018

3.9.2.  Brand analysis

3.9.3.  Key stakeholders

3.9.4.  Strategic dashboard

3.10.     Porter’s analysis

3.10.1. Supplier application

3.10.2. Buyer application

3.10.3. Threat of new entrants

3.10.4. Threat of substitutes

3.10.5. Industry rivalry

3.11.      PESTEL analysis

 

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