Biaxially Oriented Polyamide (BOPA) Film Market Report: Trends, Forecast and Competitive Analysis [2024-2030]

Biaxially Oriented Polyamide (BOPA) Film Market Trends and Forecast

The future of the global BOPA film market looks attractive with opportunities in the packaging, automotive, construction, and electrical & electronic industries. The global BOPA film market is expected to reach an estimated $5.2 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major growth drivers for this market are increasing demand for flexible packaging due to the growth in food & pharmaceutical market and increasing penetration of BOPA film due to its superior mechanical strength, higher transparency, chemical resistance, and excellent gas barrier properties as compared to biaxially oriented polypropylene (BOPP) and biaxially oriented polyethylene terephthalate (BOPET) film.

• Lucintel forecasts that the sequential process is expected to remain the largest segment due to low-cost, flexibility in the process while stretching, and high production rate.
• Food packaging is expected to remain the largest end use industry; it is also expected to witness the highest growth during the forecast period, supported by the growth in demand for processed meat, red meat, and cheese packaging.
• Asia Pacific is expected to remain the largest market by value and volume and is also expected to witness the highest growth over the forecast period because of growth in the demand for food and pharmaceutical packaging, automobile, and construction sectors due to economic expansions in India and China.

Asia Pacific is expected to remain the largest in the Biaxially Oriented Polyamide (BOPA) Film Market

Emerging Trends in the Biaxially Oriented Polyamide (BOPA) Film Market

Emerging trends, which have a direct impact on the dynamics of the industry, include growing use of linear simultaneous stretching line (LISIM) technique and growing demand for balanced film with better dimensional stability and less shrinkage.
A total of 113 figures / charts and 104 tables are provided in this 186-page report to help in your business decisions. A sample figure with insights is shown below. 

Biaxially Oriented Polyamide (BOPA) Film Market by Segment

The study includes a forecast for the global biaxially oriented polyamide (BOPA) film market by process, function, end use industry, and region as follows:

Biaxially Oriented Polyamide (BOPA) Film Market by Process [Value ($M) and Volume (Kilotons) shipment analysis for 2018 – 2030]:

• Sequential
• Simultaneous
• Blown

Biaxially Oriented Polyamide (BOPA) Film Market by Function [Value ($M) and Volume (Kilotons) shipment analysis for 2018 – 2030]:

• Barrier
• Safety
• Microporous
• Others

Biaxially Oriented Polyamide (BOPA) Film Market by End Use Industry [Value ($M) and Volume (Kilotons) shipment analysis for 2018 – 2030]:

• Food Packaging
• Processed Meat
• Red Meat
• Cheese
• Dry Food
• Pharmaceutical Packaging
• Other Packaging
• Balloon
• Others

Biaxially Oriented Polyamide (BOPA) Film Market by Region [Value ($M) and Volume (Kilotons) shipment analysis for 2018 – 2030]:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• Italy
• Scandinavia
• France
• Asia Pacific
• China
• Japan
• South Korea
• Indonesia
• Thailand       
• The Rest of the World
• Brazil
• Argentina

List of Biaxially Oriented Polyamide (BOPA) Film Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biaxially oriented polyamide (BOPA) film companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biaxially oriented polyamide (BOPA) film companies profiled in this report includes.

• Unitika Ltd.
• Green Seal Holding
• Domo Chemicals
• A.J. Plast
• Kolon Industries
• Toyobo
• DSM
• Honeywell
• Bemis

Features of Biaxially Oriented Polyamide (BOPA) Film Market

• Market Size Estimates: Biaxially oriented polyamide (BOPA) film market size estimation in terms of value ($M) and volume (kilotons)
• Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
• Segmentation Analysis: Market size by process, function, and end use industry.
• Regional Analysis: Biaxially oriented polyamide (BOPA) film market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different process, function, and end use industry, and regions for the biaxially oriented polyamide (BOPA) film market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the biaxially oriented polyamide (BOPA) film market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the biaxially oriented polyamide (BOPA) film market size?
Answer: The global biaxially oriented polyamide (BOPA) film market is expected to reach an estimated $5.2 billion by 2030.      
Q2. What is the growth forecast for biaxially oriented polyamide (BOPA) film market?
Answer: The biaxially oriented polyamide (BOPA) film market is expected to grow at a CAGR of 5.5% from 2024 to 2030.   
Q3. What are the major drivers influencing the growth of the biaxially oriented polyamide (BOPA) film market?
Answer: The major drivers for this market are increasing demand for flexible packaging due to the growth in food & pharmaceutical market and increasing penetration of BOPA film due to its superior mechanical strength, higher transparency, chemical resistance, and excellent gas barrier properties.
Q4. What are the major applications or end use industries for biaxially oriented polyamide (BOPA) film?
Answer: Food packaging are the major end use industries for biaxially oriented polyamide (BOPA) film.    
Q5. What are the emerging trends in biaxially oriented polyamide (BOPA) film market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing use of linear simultaneous stretching line (LISIM) technique and growing demand for balanced film with better dimensional stability and less shrinkage.
Q6. Who are the key biaxially oriented polyamide (BOPA) film companies?
Answer: Some of the key biaxially oriented polyamide (BOPA) film companies are as follows:

• Unitika
• Green Seal Holding
• Domo Chemicals
• A.J. Plast
• Kolon Industries
• Toyobo
• DSM
• Honeywell
• Bemis

Q7. Which biaxially oriented polyamide (BOPA) film function segment will be the largest in future?
Answer: Lucintel predicts that the demand for BOPA films in barrier functions is expected to remain the largest segment; it is also expected to witness the highest growth during the forecast period supported by superior protection properties, such as loss from aroma, permeation of water, increases shelf-life, maintain taste.
Q8. In biaxially oriented polyamide (BOPA) film market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the good growth over next 5 years          
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global biaxially oriented polyamide (BOPA) film market by process (sequential, simultaneous, blown), function type (barrier, safety, microporous, and others), end use industry (food packaging, pharmaceutical packaging, other packaging, balloon, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?