Experiencing steady expansion, the global solid white films market is expected to showcase a growth rate of approximately 5% to 6% during the forecast period from 2022 to 2032.
Asia Pacific, excluding Japan, is set to play a significant role in the global solid white films market from 2022 to 2032, as revealed by Future Market Insights. The popularity of solid white films has been on the rise across various industries, including food and beverages, home care, textiles, frozen foods, and personal care, among others. These BOPP (Biaxially Oriented Polypropylene) films find increasing utility in packaging a diverse range of products, from meats and chips to shampoos, soaps, and detergents, driving robust demand in the market.
To meet this surging demand, leading market players are proactively launching innovative films. For instance, in 2018, Cosmo Films, a prominent specialist film manufacturer in India, introduced heat-resistant BOPP solid white films tailored for the Asian market. These novel product launches are expected to further boost growth in the Asia Pacific market, excluding Japan, reflecting the region’s pivotal role in the global solid white films industry.
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Global Solid White Films Market: Key Players
Some of the key players operating in global solid white films market are as follows:
- Treofan Group
- KristaFilms, S.A. de C.V.
- UPM Raflatac, Inc.
- Decorative Films, LLC.
- Vibac Group S.p.a.
- Rowad Global Packaging Company Ltd
- Gulf Packaging Industries Limited LTD
- Innovia Films Limited
- Manucoer SPA
Recent Developments in the Solid White Films Market
- In September 2018, Cosmo Films, a manufacturer of specialist films for flexible packaging, lamination, and labelling, launched new solid white films (BOPP) heat-resistant for the Asian market
- In February 2018, BOPP specialist Treofan Group launched EWR50 films, new thin (solid white films) in-mold label films for high surface yield and thin labelling solutions.
- In September 2017, Jindal Films introduced new solid white films in the Label-Lyte range, 57IMS447, which can use as in-mold labels to create solid white appearance and performance.
Some Prominent Drivers Spearheading Solid White Films Market Growth
- Diverse Industry Adoption: Solid white films are gaining traction across a range of industries, including food and beverages, home care, textiles, and personal care, contributing to market expansion.
- Versatile Packaging Applications: These BOPP films are versatile and find use in packaging diverse products such as meats, chips, shampoos, soaps, and detergents, creating strong demand in the market.
- Innovative Product Launches: Leading market players are launching novel films to cater to the surging demand, further fueling growth. Innovations like heat-resistant BOPP solid white films address evolving market needs.
- Rising Consumer Demand: Changing consumer preferences for attractive, high-quality packaging materials have driven the adoption of solid white films in various product sectors.
- Global and Regional Expansion: Solid white films are gaining popularity in both established and emerging markets, with companies aiming to capture new regions and markets, especially in the Asia Pacific.
The solid white films market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The solid white films market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Solid White Films Market: Segmentation
The global solid white films market is segmented on the basis of heat sealing capability, thickness, application, and end-user industry.
On the basis of heat sealing capability, the global solid white films market has been segmented into:
- Heat Sealable
- Non-heat Sealable
On the basis of thickness, the global solid white films market has been segmented into:
- Up to 20 µm
- 20 – 40 µm
- Above 40 µm
On the basis of application, the global solid white films market has been segmented into:
- Printing
- Lamination
- Packaging
- Others
On the basis of end-user industry, the global solid white films market has been segmented into:
- Food & Beverages
- Meat
- Fresh Produce
- Confectioneries
- Coffee & Tea
- Other Foods (Chips, Biscuits, & Cereals)
- Personal Care & Cosmetics
- Tobacco
- Textiles
- Homecare
- Electronics and Electricals
- Others
The global solid white films market has been divided into seven regions –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan
Frequently Asked Questions (FAQs)
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