India BOPET Film Market Size, Competitive Landscape and Market Forecast - 2029

India BOPET Film Market is segmented By Thickness (Less than 15m, 15m - 30m, 31m - 50m, More Than 50m), By Feature (Standard Film, Coated, Metallized), By Application (Labels, Bags, and Pouches, Tapes, Wraps, Laminates, Others), By End-User (Food and Beverage, Cosmetics and Personal Care, Electrical and Electronics, Pharmaceuticals, Others), and By Region – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The India BOPET Film Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

Polyester or biaxially oriented polyethylene terephthalate (BOPET) is a high-performance, crystal clear thermoplastic made from ethylene glycol and dimethyl terephthalate (DMT). In comparison with other common plastic films, BOPET film has higher tensile strength, excellent dimensional stability, low moisture absorption, and good retention of physical properties over a fairly wide temperature range. It also has superior UV resistance, excellent electrical properties, good optical clarity, high gloss, and good gas barrier but only moderate moisture barrier properties. It is the ideal film for quality printing and lamination and a good choice for high-performance plastic films and sheets. It has a relatively high melting point, which makes it suitable for applications that require sterilization at high temperatures.

Market Dynamics

The India BOPET Film Market is primarily driven by the rising demand for flexible packaging. The driving force for flexible packaging are factors such as the increase in demand for convenient packaging needed in the food & beverages and pharmaceutical industries. And the other factor for the growth of the BOPET film market is the rising demand for food packaging such as meat, fruits & vegetables, and others. The panels display in these electronic devices use BOPET films which indeed drives the market for BOPET films.

However, due to volatility in the prices of crude oil which is the raw material for the BOPET resins acts as a hindrance to the BOPET film market.

Geographical Analysis

By geography, the India BOPET Film Market is segmented into North India, South India, West India, and East India.

North India holds the largest market share for BOPET Film due to rapid industrialization and infrastructural development activities along with the high production and sales of electrical & electronics products in the region. A developing nation like China and India has high demands for the BOPET Film market due to use in food and beverage has made North America hold most of the market share. However, West India is after North India in terms of market share of BOPET Film Market, followed by South India

Trending Topics

PU Films Market

Cling Films Market