The India BOPP Film market reached nearly 550 thousand tonnes in FY2023 and is anticipated to grow at a steady CAGR of 4.59% in the forecast period by FY2032.
The highest demand for BOPP film comes from the food packaging industry. These BOPP film qualities are extremely important for food packaging since they increase product shelf life and decrease food waste. In addition to their barrier qualities, BOPP films' limited gauge spread consistently maintains seal integrity. Their application in the food packaging sector for preserving food quality is backed by their robust heat seals, resistance to moisture, and outstanding machinability. Considerable demand for films comes from the pharmaceutical sector where these are used as a packaging material due to their oil and moisture-resistant properties, which help in maintaining the physical and chemical properties of the packed drugs. Furthermore, rising e-commerce activities in India have generated demand for high-quality packaging materials in the past years and yet serve as the major driving factor for the growth of BOPP film in the country. The increasing demand for BOPP film from the electronics and electrical sector also contribute to the rising adoption of films in the region. Besides, the rise in consumer spending on personal care products has also escalated the demand for BOPP film in India. All these factors are anticipated to positively augment the BOPP Film market in the forecast period and reach nearly 870 thousand tonnes in FY2032.
Based on region, the India BOPP Film Market is segregated into North, South, East, and West. Apparently, West India has been dominating the BOPP film market and consumed approximately 35% of the market In FY2023. Western states like Gujarat and Maharashtra are the major consumers of BOPP Film with the majority of food, medication, cosmetics, and home goods manufacturers located in these states. Additionally, Maharashtra holds the highest capacity of BOPP film which was estimated to be roughly 35% in FY2023.
Based on end-use, the India BOPP Film market is segmented into Food Packaging, Non-Food Packaging, Industrial, and Others. Although, Food Packaging is consuming the majority of BOPP Film held a market share of approximately 65% in FY2023. Given that they are cost-effective, recyclable, and eco-friendly nature of BOPP films, BOPP bags and pouches are gaining popularity. The high aesthetic appeal of BOPP bags and pouches gives the products used for packaging an additional appeal to its market.
Domestic players in the India BOPP Film market are Jindal Poly Films Limited (JPFL), Asia poly films Industries, Vacmet India Ltd., Cosmo Films Limited, UFlex Limited, Nahar Poly films Limited, Max Speciality Films Limited (MSFL), SRF Limited, Polyplex Corporation Ltd., Surya Global Flexifilms Private Limited, Chiripal Poly Films, GLS Polyfilms Private Limited, and Others.
Years considered for this report:
Historical Period: FY2015-FY2023
Base Year: FY2023
Estimated Year: FY2024
Forecast Period: FY2025- FY2032
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Objective of the Study:
• To assess the demand-supply scenario of BOPP Film which covers production, demand and supply of BOPP Film market in India.
• To analyse and forecast the market size of BOPP Film in India.
• To classify and forecast India BOPP Film market based on end-use and regional distribution.
• To examine competitive developments such as expansions, green field projects/ brown field expansions. mergers & acquisitions, etc., of BOPP Film market in India.
To extract data for India BOPP Film market, primary research surveys were conducted with BOPP Film manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for India BOPP Film market over the coming years.
ChemAnalyst calculated BOPP Film demand in India by analyzing the historical data and demand forecast which was carried out considering the imports and domestic production coupled with demand from end user industry. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data / import data of BOPP Film to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• BOPP Film manufacturers and other stakeholders
• Organizations, forums and alliances related to BOPP Film distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as BOPP Film manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, India BOPP Film market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in FY2023
550 thousand tonnes
Market size Volume by FY2032
870 thousand tonnes
Growth Rate
CAGR of 4.59% from FY2024 to FY2032
Base year for estimation
FY2024
Historic Data
FY2015 – FY2023
Forecast period
FY2025 – FY2032
Quantitative units
Demand in thousand tonnes and CAGR from FY2024 to FY2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
Segments covered
By End-Use: (Food Packaging, Non-Food Packaging, Industrial, and Others)
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of BOPP Film market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for BOPP Film.
3. Capacity By Location
To better understand the regional supply of BOPP Film by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of BOPP Film by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Food Packaging, Non-Food Packaging, Industrial, and Others are creating a market and the forecast for the growth of the BOPP Film market.
7. Demand by Region
Analyzing the change in demand of BOPP Film in different regions across India, i.e., North India, South India, East India, West India, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell BOPP Film. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Company Share
Figure out what proportion of the market share of BOPP Film is currently held by leading players across India.
10. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of BOPP Film.
11. Country-wise Export
Get details about quantity of BOPP Film exported by major countries.
12. Country-wise Import
Get details about quantity of BOPP Film imported by major countries.
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What is the anticipated market growth rate of India BOPP Film market for the forecast period of FY2025-FY2032?
Ans:
The India BOPP Film is anticipated to grow at a steady CAGR of 4.59% for the forecast period of FY2025-FY2032.
Q2.
Which industry is dominating the India BOPP Film market?
Ans:
As of FY2023, Food Packaging industry is dominating the BOPP Film market in India with an estimated share of nearly 65%.
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