Global Pearlized Film Market - 2021-2028
Global Pearlized Film Market Overview
The global pearlized film market size was worth US$ XX billion in 2020 and is projected to show tremendous market growth by reaching up to US$ XX billion by 2028, at a CAGR of XX% between the framed period (2021-2028).
Pearl film is a form of BOPP film made by incorporating pearl pigments into plastic particles and heat setting biaxially. The raw material generally used for pearl film manufacturing is polypropylene resin. Then mix in the calcium carbonate and pearlescent pigments. Finally, pearl film is finished by the biaxial stretch. Thus flexible packaging companies are willing to use pear films due to their inexpensive prices, good decoration, and excellent performance. BOPP pearl film/CPP of composite structures and BOPP Pearl film/PE are widely used in various packaging such as ice cream, cold drink heat seal mark, sweet food, biscuits, and local flavor snack packaging owing to their pearl effect.
Pearlized Film Dynamics
The pearlized film based on BOPP offers various advantages over other packaging materials, which improved the demand for pearlized films in the food packaging industries. The pearlized BOPP films offer excellent strength and sealable heat properties, making them an ideal flexible packaging solution for various packaging applications.
The pearlized film based on BOPP offers various advantages over other types of packaging materials, which improved the demand for pearlized films in the food packaging industries in recent times.
Pearlized films based on BOPP are the most preferred type of packaging used in food industries and printing applications due to their excellent properties like high-temperature resistance, low moisture resistance, and high stiffness. Besides, pearlized BOPP film offers better visual appeal when printed with translucent inks; the metallic effect can be obtained, making the product's packaging more attractive. This made the food packaging industry the largest user of pearlized BOPP films used for packaging solutions such as ice cream packaging, printing labels for cold beverages, etc. Pearlized BOPP film has the advantage over other films in that it can be used as a monolayer for packaging or as part of a multilayer film suitable for overprinting. Thus the rapid rise in demand for flexible packaging solutions drives up demand for pearlized film in recent times.
The pearlized BOPP films offer excellent strength and sealable heat properties, making them an ideal flexible packaging solution for various packaging applications
Pearlized BOPP films are an ideal flexible packaging option because of their high strength and heat sealability. Furthermore, when printed with transparent inks, pearlized BOPP film has a stronger visual appeal, resulting in a metallic effect that makes product packaging more appealing. Apart from the food industry, pharmaceutical and personal care packaging are increasingly finding the application of pearlized BOPP film. Due to the mentioned benefits of pearlized films, the product looks attractive by using different colors, patterns, and designs. Other packaging films abruptly failed to meet the requirement of heat-sealable property, strength, and excellent printability properties; however, pearlized BOPP films can be laminated to fulfill the market requirements. Therefore, pearlized films' excellent properties create huge opportunities for the product to create an immense business forecast period.
COVID-19 Impact Analysis
As the coronavirus epidemic spreads and its humanitarian effect grows, sectors that help meet basic needs, such as getting food and supplies to customers safely, are increasingly impacted. With food packaging being the packaging industry's largest activity area, the $900 billion per year worldwide industry is on the front lines. The coronavirus outbreak has already resulted in some of the sharpest drops in demand for certain forms of packaging in recent memory while accelerating others' growth-such as packaging for e-commerce shipments, which are quickly becoming lifelines in this new world. Such changes are taken care of by many packaging companies with a new set of challenges. Packaging for groceries, healthcare goods, and e-commerce transportation has seen a significant increase in demand. Demand for industrial, luxury, and some B2B-transport packaging has fallen at the same time. Thus the effect of COVID-19 on packaging companies will be determined by their portfolios and exposure to various areas, packaging end uses, and substrates.
Pearlized Film Market Segment Analysis
The global pearlized film market is segmented based on thickness, end-user and region.
Increasing consumption of packed food and vegetables in developing regions of the globe and increasing awareness among the population towards adopting the most efficient packaging types at a cheaper cost further adds value to the product's growing business.
In terms of end-user, the global pearlized film market is segmented into food, household products, consumer goods, personnel care and cosmetics. Out of the different types of pearlized film, the food industry has recently built a large market share. The food industry is further sub-divided into frozen food, bakery, PET food and confectionery. Increasing consumption of packed food and vegetables in developing regions of the globe and increasing awareness among the population towards adopting the most efficient packaging types at a cheaper cost further adds value to the product's growing business. In addition, pearlized films based on BOPP offer a very low moisture transmission rate than other packaging films, improving shelf life and retaining the crispness sensitivity to moisture. The high tensile strength, low elongation, and thermal shrinkage of the packaging render it suitable for high-speed processing printing, coating/laminating, and other converting machines.
Pearlized Film Market Geographical Analysis
North America is building the largest market share for pearlized films in recent times owing to the increasing consumption of packed food products in the region
North America is building the largest market share for pearlized films due to the increasing consumption of packed food products in the region. Change in lifestyle, hectic schedule, and rising youngster population are triggering packed frozen food items for the past few years. The presence of key players adopting BOPP films as the major company product creates immense opportunities for the pearlized film market to grow in the forecast period.
In addition, significantly growing awareness level regarding new food products, rising economy, investment in research and development over-processed food packaging are some of the key reasons which drive the pearlized film market in the European region
Pearlized Film Market Competitive Landscape
The pearlized film market is highly competitive and consolidated with the presence of local and global companies. Some of the key players add values to the market's growth include Jindal Poly Films, Bruckner Maschinenbau Gmbh & co. KG, Flex Films, Parag Enterprises, Shagun Films Enterprises, Chiripal Poly Film, Minipak SAS, Star Flexi Films, Xpro India Limited and others.
The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to the cavitated film market's growth globally. Product launch is the prime growth strategy adopted by various press-to-close zippers.
Bruckner Maschinenbau Gmbh & co. kg
Overview: Bruckner Maschinenbau, the world's leading manufacturer of film stretching lines, is a member of the Bruckner Maschinenbau Group. The Bruckner Group, based in Germany, is a global leader in custom engineering solutions. With over 2,500 employees, the company provides products and services to the plastics and packaging industries.
The global pearlized film market report would provide access to a 50 market data table, 45 figures, and 209 pages.
Target Audience 2022
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