The BOPP bag market size is estimated to be worth USD 1,109.8 million in 2024. The demand for BOPP bags is predicted to rise at a CAGR of 2.40% through 2034. The growing need for durable and lasting packaging options across multiple industries leads to the adoption of BOPP bags.
Stretched biaxially polyethylene bags of this type are highly resistant and are perfectly suitable for use as protective packing for goods during storage and transportation. As a result, the BOPP bags industry is anticipated to surpass USD 1,406.8 million by 2034.
Attributes | Details |
---|---|
BOPP Bag Market Value for 2024 | USD 1,109.8 million |
BOPP Bag Market Value for 2034 | USD 1,406.8 million |
BOPP Bag Market Forecast CAGR for 2024 to 2034 | 2.40% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Historical CAGR | 1.80% |
---|---|
Forecast CAGR | 2.40% |
The historical CAGR of 1.80% represents a sluggish growth in the BOPP bag market during 2019 to 2023.
The projected CAGR of 2.40% indicates a slightly accelerated expansion in the industry.
Increasing Demand for BOPP Bag in the Consumer Retail Industry.
The main factor that fuels the market is the increasing demand for BOPP bags in retail consumer products, particularly for pet food, bird seeds, animal feeds, and fertilizers. The products are heavy, have high tensile strength, excellent clarity, and are printable to a high degree. BOPP bag manufacturers can meet these standards and also offer a waterproof, high gloss surface and lightweight material that reduces transportation costs.
Intensifying Awareness of Environmental Advantages of BOPP Bag
Some of the forces that are propelling the adoption of the BOPP bag are growing environmental awareness and its benefits. BOPP bags are created from polyethylene, which is recyclable. These bags can be used again and can be recycled, hence cutting down the generation of waste and the carbon footprint of the packaging sector. In addition to that, manufacturers of BOPP bags are coming up with products that offer improved durability, moisture resistance, and dimensional stability.
Innovation and Customization in BOPP Bag Manufacturing
Innovation and customization are on the rise in the BOPP bag market as the key players adopt strategies to meet the changing market demands and their customers’ expectations. For example, some manufacturers are applying digital printing technology to display high-resolution graphics on BOPP bags, which increases the visibility of the brand and the visual attractiveness of the products.
Some producers are now providing customized BOPP bags in various sizes, shapes, colors, and designs for their customers' needs. Besides, some BOPP bag manufacturers are producing bags with additional features like resealable zippers, handles, spouts, and windows in order to enhance the ease of use and functionality of the bags. These inventions and modifications are likely to generate new chances and difficulties for the BOPP bag market in the future.
This section provides detailed insights into specific segments in the BOPP bags industry.
Top Product Type | Clear |
---|---|
Market Share in 2024 | 30.4% |
Clear BOPP bag segment is expected to be the leading product type in 2024, holding 30.4% of the share. There are several reasons for its growth:
Dominating End Use Segment | Food |
---|---|
Market Share in 2024 | 34.7% |
In terms of end use applications, the food industry is expected to be the highest consumer of BOPP bags in 2024, with a share of 34.7%.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The section analyzes the BOPP bag market across key countries, including the United States, United Kingdom, China, Japan, and Germany. The analysis delves into the specific factors driving the demand for BOPP bags in these countries.
Countries | CAGR |
---|---|
United States | 1.5% |
United Kingdom | 1.1% |
China | 5.0% |
Japan | 1.8% |
Germany | 5.9% |
The United States industry is likely to rise at a 1.5% CAGR by 2034.
By 2034, the BOPP bags industry in the United Kingdom is expected to grow at an annual rate of 1.1%.
China's BOPP bag market is poised for significant growth at a CAGR of 5.0% through 2034, driven by several key factors:
Japan's BOPP bag market is projected to rise at a CAGR of 1.8% by 2034.
Several factors are responsible for this growth:
Leading BOPP bag producers with a variety of production sites and brand reputations have a big edge over others in the market. On the other hand, new players are arriving, frequently specializing in niche markets and/or eco-friendly alternatives. To keep up with the times, the existing companies are innovating by developing high-end BOPP films with better clarity, strength, and printability. Additionally, they can use strategic acquisitions to grow their product portfolios and expand their geographical range.
The cost-effectiveness versus the bag performance is the main factor for BOPP bag users to consider. The rivalry among manufacturers stems from the fact that they try to improve their production processes to offer competitive prices, but they still need to ensure that the quality is good.
BOPP bags are available for some players whose target market is the value-conscious category of consumers, who seek low-priced basic packaging. In the high-end section, other BOPP bag manufacturers may have offerings with additional functionalities like anti-static or high-barrier films used to protect delicate goods.
Questing after alternative means has become a trend in the sector as environmentalism grows in concern among all stakeholders in the BOPP bag industry. Thus, producers will benefit from a competitive edge through environmentally friendly BOPP alternatives made of recycled and bio-based materials that cannot be matched by any other producer.
Conversely, BOPP bag innovations aimed at boosting recycling or reusability can serve as competition weapons. Through the adoption of pro-environmental activities, BOPP bag manufacturers can not only draw customers with environmental consciousness but also have the potential to comply with the developing regulations.
Recent Developments in the BOPP Bag Industry
From 2024 to 2034, the market is expected to rise at a CAGR of 2.40%.
The food end use segment dominates this industry.
The three largest providers of bags produced with biaxially oriented polypropylene include United Bags Inc., Manyan Inc., and LC Packaging.
The market is anticipated to exceed USD 1,406.8 million by 2034.
Cost effectiveness, durability and transparency make these products suitable for different kinds of packaging needs hence their demand is going up with time.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User 5.1. Food & Beverage Industry 5.2. Fertilizers & Chemical Industry 5.3. Agriculture Industry 5.4. Pharmaceutical Industry 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel 6.1. Supermarkets 6.2. Convenience Stores 6.3. Hypermarkets 6.4. E-commerce 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. United Bags Inc. 17.2. Manyan Inc. 17.3. LC Packaging 17.4. Berry Global Inc. 17.5. Umasree Texplast 17.6. Cosmos Films Ltd. 17.7. Indra Industries Ltd. 17.8. Abdos Polymers Ltd. 17.9. Hanoi Plastic Bag JSC 17.10. Aangan Agrotech Exports Limited 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Packaging Insights
View Reports