Oriented Polypropylene Market - Forecast(2024 - 2030)

The Oriented Polypropylene market size is forecast to reach USD 7.5 billion by 2029, after growing at a CAGR of 5.54 % during the forecast period 2024-2029. Due to the product's exceptional clarity and strength, which make it simple to print and coat packaged items such as frozen food, snacks, ready-to-eat meals, and confections, it is widely utilized in food packaging applications. Owing to bettering consumer lifestyle dynamics and rising purchasing power, the food and beverage sector as a whole is expanding quickly, which has led to oriented polypropylene gaining market dominance. Additionally, a greater understanding among consumers of the value of food preservation will lead to a notable rise in product dem

The report “Oriented Polypropylene Market – Forecast (2024-2029)”, by IndustryARC, covers an in-depth analysis of the following segments of the Oriented Polypropylene market.

By Film Grades: Grade F1 (food grade) film, Opaque & White film, Coated film, Metalized film, Heat Sealable Film.

By Application: Labelling and Packaging, Labels and Tapes, Lamination, and Others.

By End Use Industry: Food & Beverage, Medical and Personal Care, Electronics, Automobile, Building and Construction, others.

By Geography:  North America, South America, Europe, APAC, and RoW.

● Ongoing R&D projects are creating new opportunities for improved film properties, especially about higher barrier capabilities and better recyclability. The packaging industry's evolution of oriented polypropylene OPP films is mostly driven by these advances, which play a crucial role in satisfying the growing need for high-performance and sustainable packaging solutions.

● The growing packaging industry in emerging markets presents opportunities for oriented polypropylene filmmakers. OPP films and other innovative packaging materials are becoming more and more in demand as these markets expand quickly. Manufacturers can take advantage of this expansion to reach new markets, meet changing consumer demands, and add to the dynamic environment of the global packaging sector.

● Oriented polypropylene is robust and impervious to moisture and ripping, much like BOPP bags. They are an excellent choice for food goods since they also exhibit a great resilience to heat. On the other hand, OPP bags are easier to open since they are more flexible than BOPP bags. Additionally, they are transparent, allowing customers to see the product within the bag.

Grade F1 (food grade) film dominated the Oriented Polypropylene market in 2023. The strict guidelines and criteria for food safety set forth by international regulatory bodies are met by Grade F1 OPP films. Food producers give top priority to adopting packaging materials that adhere to these criteria in order to protect the integrity and safety of their products as public awareness of food safety increases. The Grade F1 OPP film market is growing because of the growing demand for packaged foods, which is being fueled by factors such as changing dietary patterns, convenience, and busy lifestyles. To preserve food freshness and quality, food manufacturers prefer to package a variety of food products, such as snacks, confectionery, bakery goods, and ready-to-eat meals, in Grade F1 film.

Labelling and Packaging dominated the Oriented Polypropylene market in 2023. OPP films print well, making it possible to use vivid, high-quality text, graphics, and branding on package products. Because of this, they are perfect for labeling applications, where product distinction and visual appeal are crucial for drawing in customers and successfully communicating information about the product. OPP films are being used for creative labeling and packaging solutions due to advancements in labeling and packaging design. The production of distinctive labeling elements including holographic effects, metallic finishes, and custom coatings is made possible by these films, which improves shelf appeal and brand distinction.

Excellent barrier qualities against oxygen, moisture, and other outside elements are provided by OPP films. Because of their ability to prolong shelf life, retain freshness, and preserve product quality during storage and transportation, they are perfect for packing food and beverage items. For instance, Food & Beverage dominated the Oriented Polypropylene market in 2023. Food Navigator projects that the U.S. market for natural and organic food and drink sales will reach $400 billion by 2030 and surpass $300 billion by 2024. The market is being driven by the food and beverage industry's rising demand.

APAC dominated the Oriented Polypropylene market in 2023. T Owing to increasing urbanization, the economic dynamics of countries like China and India have a significant impact on the economy of the Asia-Pacific region. Rapid urbanization is causing ongoing changes in people's lifestyles. The demand for packaging for e-commerce is rising throughout Asia-Pacific. Packaging solutions that are both visually appealing and protective are in high demand due to the region's burgeoning online retail business. Because of their printability and tamper-evident qualities, OPP films are favored because they meet the packaging needs of the expanding e-commerce business. IBEF projects that India's packaged food market will grow to US$70 billion by 2025. Thus, these are the variables affecting the regional market for oriented polypropylene films.

To maintain the freshness, flavor, and caliber of food and beverages, OPP films provide superior barrier qualities against moisture, oxygen, and other external elements. OPP films are the perfect option for food and beverage packaging applications because of their barrier qualities, which assist increase the shelf life of packed goods. 

The United Nations Food & Agriculture Organization reports that developments and technical breakthroughs in the food industry are quickly changing the landscape of food safety. Food production, processing, and packaging have all benefited from these technological developments, which have also made it easier to trace food, detect toxins in food, and monitor epidemics. As a result of this innovation explosion, there is a growing need for packaging innovations, which is also a crucial trend for the expansion of the market.

 For instance,  according to IBEF India, the food and beverage sector employs the majority of people in India and contributes about 3% of the nation's GDP.  Among the biggest in the world, India's food processing industry is projected to grow to $535 billion by 2025–2026. The market is being driven by the booming food and beverage sector.

Packaging materials that are both safe and aesthetically pleasing are in high demand due to the growth of e-commerce. This demand is met by OPP films, which are increasingly being used in online retail packaging due to their tamper-evident seals, secure packaging, and graphics. OPP films are suitable for various packaging applications, such as labels, bags, wraps, and pouches. Because of its adaptability, e-commerce businesses can customize packaging to fit the unique forms, sizes, and types of their products, offering effective and safe packaging for a range of goods.

For instance, according to the International Trade Administration, India has one of the world's fastest-growing e-commerce markets. Indian e-commerce is projected to reach $136.47 billion by 2026, growing at an 18.29% annual rate from its $46.2 billion valuation in 2020.  The e-commerce sector is experiencing a surge in demand for Oriented Polypropylene (OPP) films because of their protective properties, versatility, customizability, cost-effectiveness, lightweight design, security features, and the rapid rise of e-commerce operations.

Challenges – Oriented Polypropylene Market  

OPP films are at risk from the development and use of substitute packaging materials such as bio-based plastics, biodegradable materials, and other flexible films. These alternatives could compete for market share if they provide similar or better qualities while being less harmful to the environment. The demand for OPP films may change in response to evolving legislation about single-use plastics, recyclability, and environmental effects. More processes or materials may need to be invested in by manufacturers to comply with stricter rules, which could have an impact on costs and market viability.

Technology launches, acquisitions, and R&D activities are key strategies players adopt in the Oriented Polypropylene market. in 2023, The major players in the Oriented Polypropylene market are Toray Plastics, D&K Group, Cheever Specialty Paper & Film, Griff Paper & Film, Viking Plastic Packaging, Inc., Huizhou Yangrui Printing & Packaging Co., Ltd, Der Yiing Plastic Co., Ltd., Cosmo Films, POLYSTAR MACHINERY CO., LTD., ScandiSales, and Others.

● In March 2023, IRPLAST is gaining a competitive edge by utilizing its eco-friendly product and solution portfolio. A new generation of environmentally friendly and highly effective adhesive tapes, IRPLAST Natural Oriented Polypropylene TAPE is produced from 50% recycled materials.