Global Market Study on CPP Packaging Films: Bags & Pouches to Provide Attractive Opportunities to Manufacturers in the Near Future


Cpp Packaging Films  Market
  • Published On : May-2018 |
  • Pages : 171 Pages |
  • Format :

Global Packaging Industry Outlook

In the years to come, sustainable packaging may no longer be viewed as an oxymoron. Packaging companies are embracing “green” techniques in manufacturing processes, accepting sustainability as a part of solution, rather than a problem. Apart from government initiatives and stringy industrial regulations, customers are also putting pressure on packaging companies to reduce content of non-biodegradable materials in their packaging products – a measure commonly known as down gauging. Urbanization can play a pivotal role in instrumenting the growth in adoption of sustainable packaging practices. Rising concentration of customer base in urban cities is propelling the awareness towards green packaging. Leading brands in the packaging sector are making more environmental choices, and are understanding that consumers’ inclination towards sustainability can render cost-savings to manufacturers and deliver tangible profits.

Research Methodology

PMR utilizes robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on 3 dimensional model. We conduct about 45-60 min duration detailed interviews with product manufacturers; apart from this we also collect market feedback from industry experts. To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field. The panel members help in validating the findings and fill the gaps if any.  In addition, we leverage on our existing pool of information, paid database and other valid information sources available in public domain. Usually industry interactions extend to more than 50+ interviews from market participants across the value chain.

Data Collection

PMR collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.

Market Taxonomy

By Thickness

By Packaging Type

By End Use

By Region

  • Up to 18 micron
  • 18 to 50 micron
  • 50 to 80 micron
  • Above 80 micron
  • Bags & Pouches
  • Wraps
  • Lamination
  • Labels
  • Others
  • Food & Beverages
  • Floral
  • Textile
  • Healthcare
  • Others
  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • APEJ
  • MEA
  • Japan

Specific Report Inputs

The report includes consumption of CPP packaging films products and the revenue generated from sales of CPP packaging films products globally and across all important regional economies. Market numbers have been assessed based on packaging type, consumption and weighted average pricing of CPP packaging films by thickness and then aggregate revenue is derived through country pricing trends. Market size and forecast for each segment have been provided in the context of regional markets. The CPP packaging films market has been analysed based on expected demand and current market scenario. Pricing is considered for the calculation of revenue that are average country prices obtained through primary quotes from numerous regional CPP packaging films manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end uses of CPP packaging films in different regions across the globe. Top-down approach has been used to estimate the CPP packaging films market, by country. Market numbers for all the regions by thickness, product type and end use have been derived using the bottom-up approach, which is cumulative of each region’s demand. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.

Bags and pouches will continue to remain the leading packaging type in the CPP packaging films market

With the growing preference towards convenience foods, different types of packaging films have been growing popular in the global market, based on their special properties. CPP is one such type of packaging film that finds high adoptability in the global market with its multifunctional properties. Among the different packaging types such as bags and pouches, wraps, lamination, and labels, bags and pouches is projected to be a highly lucrative packaging type with a steady rise in demand attributed to an increase in consumption of convenient food. The bags and pouches market is anticipated to reach a market value of over US$ 2,200 Mn by the end of 2028, witnessing a steady growth rate of 4.5% during the forecast period. The wraps market is also in strong competition with bags and pouches and is expected to grow at a CAGR of 4.3% during the forecast period.

cpp-packaging-films-market.jpg

Ecological sustainability of CPP films is the key driver boosting adoption in the global market

Manufacturers always look for different properties in a single packaging material to safeguard their products and diminish the chances of any loss. CPP packaging films have been a preferred choice for manufacturers owing to inherent properties such as low density and highest yield of polymer. This makes CPP films a cost-effective packaging option. Further, CPP films are also facilitate increase in shelf life of products with their high moisture barrier property. These attributes have spurred demand for CPP films in the global market.

Cast polypropylene films also have excellent machinability, which makes these an ideal choice for freezer bags and microwaveable packaging solutions. These films provide a superior heat seal layer for retort or steam sterilization applications and other flexible packaging multi-layer applications. Cast polypropylene films are available in different types, such as twist wrap lamination, metalisable, and other cost-effective packaging applications. The push to the global CPP packaging films market is also a result of its sustainable format, which provides a bio degradable type of packaging. Sustainable packaging helps in controlling the level of bacteria inside the films after packaging by using naturally produced CO2.

Availability of alternatives to CPP packaging films is expected to hamper revenue growth of the global market

Looking at the lucrativeness of CPP packaging films in the global market, companies are leveraging different opportunities to expand the packaging material market to launch new alternatives of CPP films. Manufacturers are incorporating various materials such as PVDC, EVOH, and PA, which are being used as barrier materials. Along with various alternative packaging materials, high-barrier coatings are also being used nowadays. Some of the manufacturers use a combination of both high barrier coatings and high barrier films to provide better protection to the packaged products. An India based manufacturer, Cosmo films, has also launched new and transparent barrier films that can be wrapped over coffee and tea, perfume boxes, chewing gums and more. These alternative products may restrict growth of the global CPP packaging films market to a certain extent.

Company Profile

  • Polyplex Corporation Ltd
  • American Profol, Inc.
  • Uflex Ltd
  • Polinas Plastik Sanayi ve Ticaret A.S
  • Jindal Poly Films Limited
  • Copol International Ltd
  • Bhineka Tatamulya Industri Pt
  • Mitsui Chemicals America, Inc.
  • LC Packaging International BV
  • Futamura Chemical Co. Ltd
  • Thai Film Industries Public Company Limited
  • Oben Holding Group S.A.C.
  • Taghleef Industries LLC
  • Schur Flexibles Holding GesmbH
  • Others.
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