BOPP Bags Market to grow at a rate of 4% to 5% CAGR by 2032 | Get Customized Reports

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The demand for packaging solutions in numerous end-use industries, including food and beverage, pharmaceuticals, and consumer goods, is expected to rise significantly in the future years, fueling the market for BOPP bags. Due to its superior barrier qualities, high strength, and durability, BOPP bags are favoured because they may be used to package a variety of goods.

Between 2022 and 2032, the worldwide BOPP bag market is anticipated to grow at a CAGR of 4% to 5%. By 2032, it is anticipated that BOPP bag sales would total US$28 billion.

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In terms of application, the food & beverage industry is expected to be the largest end-user of BOPP bags, as these bags are widely used for packaging snacks, confectionery, and baked goods. The pharmaceuticals industry is also expected to be a significant user of BOPP bags, as these bags are used for packaging tablets, capsules, and other medical devices.

In terms of region, the market for BOPP bags is expected to be driven by growth in Asia Pacific, particularly in countries such as China and India, due to the increasing population and rising disposable income in these countries. North America and Europe are also expected to be significant markets for BOPP bags, driven by the presence of a large number of packaging companies in these regions.

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However, the market also faces some challenges such as rising cost of raw materials and stringent regulations regarding the disposal of plastic waste. These challenges may hamper the growth of the BOPP bags market in the coming years.
Overall, the BOPP bags market is expected to experience a steady growth in the forecast period, owing to increasing demand for packaging solutions in various end-use industries. The market will continue to be driven by the growing population and rising disposable income in developing countries. However, the market will also face challenges such as rising cost of raw materials and stringent regulations regarding the disposal of plastic waste.

Key Players:

  • United Bags Inc.
  • Manyan Inc.
  • LC Packaging
  • Berry Global Inc.
  • Umasree Texplast

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Key Segments Profiled in the BOPP Bags Market

End-Use:

  • Food & Beverage
  • Fertilizers & Chemical
  • Agriculture
  • Pharmaceutical

Sales Channel:

  • Supermarkets
  • Convenience Stores
  • Hypermarkets
  • E-commerce

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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