According to a new market report published by Lucintel, the future of the BOPET film market looks attractive with opportunities in the packaging, industrial, and electrical & electronics industries. The BOPET film market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $28.4 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers for this market are increasing demand for flexible packaging and growth in the flat panel display market.

Browse 113 market data tables and 135 figures spread through 193 pages and in-depth TOC on “Biaxially Oriented Polyester (BOPET) Film Market"

To download report brochure, please go to https://www.lucintel.com/bopet-market.aspx and click "report brochure" tab from the menu .

In this market, different types of BOPET film grades such as thin and thick are used as thickness in various end use industries. Lucintel forecasts that thin film is expected to remain the largest segment, and witness the highest growth over the forecast period due to increasing demand in the food and pharmaceutical packaging markets.

Within the BOPET film market, packaging will remain the largest end use industry, and it is also expected to witness the highest growth due to the increasing demand for food, personal care, and pharmaceutical packaging.

Asia Pacific is expected to remain the largest market by value and volume, and also witness the highest growth over the forecast period due to the growth in flexible packaging, and increasing demand for flat panel displays, printed circuit boards, and solar back sheets.

Emerging trends, which have a direct impact on the dynamics of the BOPET film industry, include the development of bio-degradable and water-soluble films, and increasing use in the weather resistant layer of PV cell modules. DuPont Teijin Films, Toray, Polyplex, Jindal Poly House, SKC Films, Uflex, Mitsubishi Film, Kolon Industries, and AJ and others are among the major BOPET film manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the BOPET film market by end use industry, thickness, function, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Biaxially Oriented Polyester (BOPET) Film Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the BOPET film market by end use industry, thickness, function, and region as follows:

By End Use Industry [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:

Packaging IndustrialElectrical and ElectronicsMagnetic MediaImaging
By Function [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:

BarrierSafetyDecorativeMicroporousOthers
By Thickness [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:

ThinThick
By Region [Kilotons and $M shipment analysis for 2014 – 2025]:

North AmericaUnited StatesCanadaMexicoEuropeGermanyFranceItalySpainAsia PacificChinaIndiaJapanSouth KoreaThe Rest of the World
This 193-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bopet-market.aspx or [email protected].

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.