The ‘Global Cast Polypropylene (CPP) Printing Films Market Price, Share, Size, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global cast polypropylene (CPP) printing films market, assessing the market on the basis of its segments like thicknesses, applications, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Cast Polypropylene (CPP) Printing Films Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 6.30%
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Cast polypropylene (CPP) printing films are used in a variety of industrial applications due to their superior moisture resistance and atmospheric barrier properties. They are also utilised in handle reinforcement, release liners, and general flexible packaging applications.
The cast polypropylene (CPP) printing films market is being augmented by the growing usage of such films in the electronics and medical sectors owing to their good seal strength, excellent machineability, and low density, among others. There is also a growing demand for cast polypropylene (CPP) printing films in confectionery packaging due to their low density, excellent packing integrity, and strong moisture resistance.
The increasing investments in the development of innovative and automated packing equipment, supported by rising market player alliances, are driving cast polypropylene (CPP) printing films market expansion. Additionally, a rise in the number of investments in research and development (R&D) activities aimed at driving developments in the packaging sector is expected to further strengthen the market.
Cast Polypropylene (CPP) Printing Films Market Definition and Major Segments
Cast polypropylene (CPP) printing film is an unoriented film known for its versatility that is obtained by the cast extrusion process. It has various applications, including vacuum metallisation, retort packaging, lamination, food wraps or confectionery packaging, deep freezing, stationary packaging, garment bags, and bakery products, among others.
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The market for cast propylene (CPP) printing films, by thickness, can be segmented into:
• 20 Micron, 25 Micron, 30 Micron
• 35 Micron, 40 Micron, 45 Micron
• 60 Micron, 80 Micron, 100 Micron
Based on application, the market is divided into:
• Food Packaging
• Textile Packaging
• Drug Packaging
The regional markets for cast propylene (CPP) printing films include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Cast Polypropylene (CPP) Printing Films Market Trends
The utilisation of cast polypropylene (CPP) printing films is fuelled by increasing urbanisation, modernisation, and globalisation. Hence, the rapidly developing economies in the Asia Pacific region present multiple growth opportunities for the cast polypropylene (CPP) printing films market.
The flourishing packaging sector due to the improving global economy and rising disposable incomes, the rapidly growing demand for ready-to-eat snacks, and the increasing preference for creative packaging are expected to positively influence the market growth of cast polypropylene (CPP) printing films. Moreover, the growing deployment of advanced technologies in the packaging sector is likely to surge the demand for advanced packaging solutions, including cast polypropylene (CPP) printing films.
Other factors influencing the market growth of cast polypropylene (CPP) printing films include the growing popularity of flexible packaging solutions and expanding technological advancements in packaging equipment to accommodate a diverse range of products.
Rising consumer demand for high product transparency, the expanding food packaging sector in the Asia Pacific region, and the thriving e-commerce sector are expected to support the cast polypropylene (CPP) printing films market. Additionally, during the forecast period, improvements in manufacturing technology are anticipated to provide lucrative prospects to market development.
Key Market Players
The major players in the cast polypropylene (CPP) printing films market report include
• Takigawa Corporation
• Profol GmbH
• Polyplex Corporation Limited
• PT. Bhineka Tatamulya Industry
• Jindal Poly Films Limited
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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