BOPET Films Market Forecast To 2029 | Europe's Eco-Friendly Push Bolsters BOPET Films Market

(MENAFN- GlobeNewsWire - Nasdaq) Growth in the BOPET films market is fueled by a shift towards eco-friendly packaging and increasing demand from sectors such as electronics and automotive. Thick films are essential for electronics due to their durability and insulation properties, while Europe emerges as a significant market, driven by stringent safety regulations. Key players like Toray Industries and UFlex Limited lead the charge.

Dublin, April 25, 2025 (GLOBE NEWSWIRE) -- The "BOPET Films Market by Thickness (Thin and Thick), Application (Packaging, Electrical & Electronics, Imaging), End-Use Industry (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, and Electrical & Electronics), and Region - Forecast to 2029" has been added to ResearchAndMarkets.com's offering.
The global BOPET films market size is expected to expand from USD 10.49 billion in 2024 to USD 13.22 billion by 2029, achieving a CAGR of 4.7%. The upward trajectory is driven by the increasing preference for environmentally friendly packaging, significantly enhancing demand for eco-conscious BOPET films.

Additionally, the surge in demand for packaged food and the trend towards lightweight, durable packaging solutions are pivotal in driving market growth.

Thin is projected to be the fastest-growing thickness segment of the BOPET films market

Thin BOPET film is the fastest-growing segment because manufacturers are using thin film more frequently in flexible packaging. BOPET films create an effective protective barrier for food items, pharmaceuticals, and personal care items by preventing moisture intrusion, chemical & air exposure to maintain product freshness. BOPET films have transparent properties that help consumers see inside products, thus enhancing marketing strategy and product attractiveness. These films find various applications in electronics industries alongside printing and labeling processes because they deliver high clarity and printable capabilities.

Electrical & Electronics Segments Drive Demand

In terms of application, the electrical and electronics sector emerges as a crucial segment due to the excellent electric insulation and dielectric properties of BOPET films, essential for protecting electrical circuits. The burgeoning demand for electronic gadgets and renewable energy projects, such as solar panels, is poised to substantially increase these films' utilization.

End-use Industry Expansion

Within the end-use industries, the electrical and electronics segment dominates due to the films' heat resistance and strength. The rise of electric vehicles is further anticipated to stimulate BOPET film demand, as they play a crucial role in enhancing product longevity in the growing electronics sector.

European Market Dynamics

Europe accounts for the second-largest share of the BOPET films market, largely due to stringent food safety and packaging standards requiring films with excellent barrier properties. The preference for recyclable, eco-friendly packaging in Europe, coupled with government recycling initiatives, is set to propel market expansion.

Competitive Landscape

Prominent companies in the BOPET films market include Toray Industries, Inc. (Japan), UFlex Limited (India), Polyplex (India), SRF Limited (India), and Jindal Poly Films Limited (India), among others. The study provides an in-depth competitive analysis of these key players, featuring company profiles, recent developments, and market strategies.

Comprehensive Research Coverage

This research classifies the BOPET films market based on thickness, application, end-use industry, and regional presence. It comprehensively covers the factors influencing market dynamics, offering insights into the competitive landscape, including business overviews, strategic agreements, new product launches, acquisitions, and investment trends involving both established companies and emerging startups.

Key Report Highlights

• Analyze key market drivers like the rising e-commerce industry and potential opportunities such as innovations in BOPET films, alongside challenges like supply chain disruptions.
• Gain insights into product development and innovation within the sector.
• Explore market development opportunities and market diversification strategies across regions.
• Assess the competitive landscape and strategic positioning of major players like Toray Industries, Inc., UFlex Limited, Polyplex, SRF Limited, and Jindal Poly Films Limited.

Key Attributes:

Report Attribute	Details
No. of Pages	251
Forecast Period	2024 - 2029
Estimated Market Value (USD) in 2024	$10.49 Billion
Forecasted Market Value (USD) by 2029	$13.22 Billion
Compound Annual Growth Rate	4.7%
Regions Covered	Global

Key Topics Covered:
Market Dynamics

• Drivers
  • Growing E-Commerce Industry
  • Increasing Demand for Flexible Packaging
  • Rising Demand for BOPETFilms in Solar Energy Sector
  • Growing Concerns About Sustainability
• Challenges
  • Supply Chain Disruptions and Trade Restrictions
  • Absence of Recycling Infrastructure
• Opportunities
  • Innovations in BOPETFilms
  • Rise of Smart Packaging Solutions
  • Increasing Demand for BOPET Films from Emerging Countries
  • Growing Demand for BOPETFilms in Electronics Industry
• Case Studies
  • Tackling Sustainability Challenges in Flexible Packaging: Role of Mono Pet Films in Meeting EU Targets
  • Enhancing Freshness and Sustainability with Alox Pet High Barrier Film
  • Analysis of Factors Contributing to B-Grade Production in BOPETFilm Manufacturing

Tariff and Regulatory Landscape

• Tariff Scenario for HS-Code 392062 Compliant Products
• Regulatory Bodies, Government Agencies, and Other Organizations
• Key Regulations
  • Reach Regulation (EU) 10/2011 and (EC) 1935/2004
  • Regulation (EC) No. 2023/2006
  • ISO Standards

Company Profiles

• Toray Industries, Inc.
• Uflex Limited
• Polyplex
• SRF Limited
• Jindal Poly Films Limited
• Mylar Specialty Films
• Mitsubishi Polyester Film GmbH
• SKC
• Jiangsu Shuangxing Color Plastic New Material Co. Ltd.
• Vacmet India Limited
• Cosmo First Limited
• Ester Industries Limited
• Gettel High-Tech Materials Co. Ltd.
• Futamura Chemical Co. Ltd.
• Chiripal Poly Films
• Polinas
• Pt Trias Sentosa Tbk
• Oben Group
• Fatra, A.S.
• Fuwei Films (Shandong) Co. Ltd.
• Garware Hi-Tech Films
• Retal Industries Ltd.
• Transcendia
• Sumilon Polyester Ltd
• Fam Ti

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