BOPET Packaging Films Market Projected to Witness Vigorous Expansion by 2028

BOPET Packaging Films Market Projected to Witness Vigorous Expansion by 2028

Bi axially-oriented polyethylene terephthalate (BOPET) is a kind of polyester film made by  stretched polyethylene terephthalate(PET). BOPET is characterized by its high chemical, dimensional stability, tensile strength, transparency,  gas and aroma barrier properties, reflectivity,  and electrical insulation. As it is an excellent oxygen barrier, its application is establish extensively in food packaging. The global BOPET packaging films market size was USD XX million in 2017,and its is expected to grow at a CAGR of XX%, generating a revenue of up to USD XX million by 2025.

The rising demand for packaging in order to enhance the shelf life of different food products is expected to be the primary driver of the BOPET packaging films. These films are perfectly suited for packaging of hot fills due to their good temperature resistance properties. BOPET packaging films have good withstanding properties at high temperatures. The temperature sensitivity is very low compared to other similar kind of packaging products which makes it an ideal material for different packaging needs. Along with this, the cost of BOPET packaging is comparatively lower than aluminium foil which is driving its demand. Other applications of BOPET include packaging of cosmetics, and also in the pharmaceuticals industry.

Key Players:
The global BOPET packaging films market consists of both global and regional players including Uflex Ltd., SKC Films, Toray industries Ltd., Dupont-Teijin Films, Ester industries Ltd., Mitsubishi Polyester Film, Inc., Polyplex Corporation ,Jindal polyfilms Ltd, and Limited among others.

Market Segmentation:
The global BOPET packaging films market is classified on the basis of size, product type, end use industries, coating and region. Based on coating the BOPET Packaging Films market is classified into non-coated and coated. On the basics of product type the BOPET Packaging Films market is bifurcated into pouches, bags, sachets, stretch wraps , shrink films, and others. Further, on the basis of end use industries the global BOPET Packaging Films are classified into semiconductors & electronics industries, food & beverage, personal care, cosmetics, homecare, automobile industry, pharmaceutical industry and others.

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BOPET Packaging Films market by region classified into Europe ,North America, Latin America, Asia-Pacific and Middle East & Africa.

Market segmented on the basis of coating:
Ø Coated
• UV treated
• corona treated
• chemical coated
• acrylic coated
• copolymer treated
Ø Non-coated
Market segmented on the basis of end use industries:
Ø Semiconductors & Electronics Industries
Ø Food & Beverage
Ø Personal Care
Ø Cosmetics
Ø Homecare
Ø Automobile Industry
Ø Pharmaceutical Industry
Ø Others
Market segmented on the basis of product type:
Ø Pouches
Ø Sachets
Ø Bags
Ø Shrink films
Ø Stretch wraps
Ø Others
Market segmented on the basis of region:
Ø North America
• US
• Canada
• Mexico
Ø Europe
• UK
• Germany
• France
• Rest of Europe
Ø Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
Ø Latin America
• Brazil
• Rest of Latin America
Ø Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA

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