Polypropylene Packaging Films Market Size and Competitive Landscape

Polypropylene Packaging Films Market Size and Growth Opportunities

The global polypropylene packaging films market is projected to grow from USD 27.35 billion in 2023 to USD 48.59 billion by 2033, achieving a compound annual growth rate (CAGR) of 6.04% from 2024 to 2033.

Polypropylene Packaging Films Market Revenue 2023 - 2033

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The polypropylene packaging films market is anticipated to witness significant growth during the forecast period. Polypropylene (PP) film serves as a thermoplastic that is both inexpensive and fully recyclable. These films are appropriate for applications requiring sterilization at extreme temperatures since they have good tensile strength, high gloss, high clarity and relatively high melting point. Polypropylene is best suited for use in the food and beverage and packaging industries owing to its special qualities. Due to its excellent chemical resistance, low odor and inertness, polypropylene film is the preferred material for packaging applications which must adhere to the FDA requirements. Polypropylene film is commonly used for tape liners, food wraps, cigarette packing, shrink wrap, candy packaging, diapers and sterile wrap.

The growing demand for packaged foods due to urbanization and changing lifestyles of consumers coupled with the expansion of the e-commerce sector is anticipated to augment the growth of the polypropylene packaging films market within the estimated timeframe. The increasing sustainability initiatives and environmental regulations along with continuous technological advancements in the film production are also expected to support the market growth. Furthermore, the cost-effectiveness of polypropylene films compared to other materials as well as the growing need for custom packaging solutions is also likely to contribute to the growth of the market in the years to come. The global packaging market size is estimated to reach an estimated USD 1.58 trillion by 2032.

Market Opportunities

Advancements in Materials

Recent innovations in materials, particularly in high melt strength variations for foamed polypropylene (PP) compounds, present significant market opportunities across various sectors, including packaging, automotive, construction, and industrial applications. Leading resin developers such as SABIC, Borealis, Braskem, and Japan Polypropylene are making strides in this area.

SABIC is at the forefront, focusing on the development of polypropylene with high melt strength. Their SABIC PP-UMS HEX17112 Ultra Melt Strength (UMS) PP resin boasts an impressive melt flow and strength of 65 centimeters Newton (cN), enabling unprecedented levels of lightweighting for automotive applications. By emphasizing part wall down gauging, this foaming technology opens the door to a wide array of sustainable applications in the automotive industry, building insulation, mass transit, and various packaging solutions aimed at reducing global food waste.

In addition, Aaron Industries has recently launched a novel high melt flow recycled polypropylene compound, JET-FLOTM Polypro. This sustainable material expands application possibilities by allowing the production of parts such as DVD cases, caps, and closures with thinner walls and more complex designs. The faster cycle times help mitigate molded-in stress, which can cause warpage during processing.

Moreover, recent advancements in polypropylene additives have focused on two primary end-use markets: packaging and automotive. In the highly competitive plastic film packaging sector, even small additive enhancements can significantly boost production efficiency.

For example, Dow has developed a superior silicone additive system composed of 75% PP homopolymer and 25% siloxane, designed to improve process efficiency in PP packaging films. This additive is suitable for master batch compounding and comes in pelletized form, functioning effectively in Biaxially Oriented PP (BOPP) films. It also complies with EU 10-2011 food contact regulations, with FDA approval nearing completion. Anticipated applications include candy wrappers, food bags, and various pouches. These innovations are poised to generate numerous opportunities for growth in the polypropylene packaging films market in the coming years.

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