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    Asia Pacific Cast Polypropylene (CPP) Films Market Forecast 2027 By Application (Food & Beverages, Agriculture, Stationery, Textile, Medical & Pharmaceutical, Architecture), By Product (General, Metallic, Retort), By Thickness (20-30 Microns, 31-50 Microns, Above 50 Microns), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: October 2021   |   Report ID: GR1970   |   Delivery: PDF  Request Free Sample

    Asia Pacific Cast Polypropylene Films Market size exceeded USD 634 million in 2020 and is anticipated to witness over 6.5% CAGR from 2021 to 2027.

     Asia Pacific Market, By Application

    Asia Pacific CPP Films Market Size, By Application

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    The food & beverage segment accounted for 55% volume share in 2020. The consumption of CPP films in food & beverages, stationary, medical & pharmaceutical, textile, and agriculture has significantly increased due to excellent packaging integrity at extreme temperatures and high heat resistance. The rising food processing and packaging industry is likely to boost the Asia Pacific cast polypropylene films market demand. Growing urbanization, changing consumer lifestyle, and enhanced consumer spending capacity are the prime factors driving the demand for food packaging products, further elevating the market expansion.

    The rising demand for CPP films in the stationary industry will also contribute to the overall industry revenue. According to UNICEF, the Asia Pacific region includes one-third of the global population and more than one-quarter of the global children, around 580 million children in total. The education of the population in these regions will sustain the stationery industry in the future and will drive the market for laminated paper products.

    Asia Pacific Market, By Product

    Asia Pacific CPP Films Market Size, By Product

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    The general segment dominated around 59% Asia Pacific cast polypropylene films market share in 2020. General CPP films contain high clarity, gloss, and seal strength owing to high-speed packaging properties and are highly used in candy and confectionary packaging. The increasing product usage for heat resistance packaging applications is fueling the segment growth. General CPP is a type of packaging film that finds high adoptability in the global market with its multifunctional properties.

    Asia Pacific Market, By Thickness

    The 20–30 micron thick CPP films segment held more than 51% market share in 2020. The product is mostly used for food packaging. The high flexibility of the product makes it more suitable for food packaging and other applications. Additionally, low cost and ease in availability of the product in the market will further fuel its demand.

    Asia Pacific Market, By Country

    Asia Pacific is the largest consumer of CPP films due to the presence of large number of food processing companies especially in China, Japan, and India. Additionally, the significant growth in the pharmaceutical sector within the region will complement the industry growth. For instance, according to the Indian Economic Survey 2021, the domestic pharmaceutical sector in India was around USD 42 billion and is expected to reach USD 65 billion by 2024 and further expand to reach approximately USD 120-130 billion by 2030.

    Competitive Industry Landscape

    Major companies operating in the Asia Pacific CPP films market are Mitsui Chemicals Tohcello, Inc., Uflex Limited, Profol Group, Tri-Pack Films Limited, Polyplex, 3B Films Private Limited, Jindal Poly Films Limited, and Cosmo Films Limited. CPP film manufacturers are constantly expanding their product range and strategic alliances.


    Frequently Asked Question(FAQ) :

    What is the Asia Pacific CPP films industry worth?
    The market size for cast polypropylene films in the Asia Pacific was over USD 634 million in 2020 and will grow at a 6.5% CAGR over 2021-2027 due to the strong presence of a vast number of food processing companies in China, Japan, and India.
    What are Cast Polypropylene Films?
    Cast polypropylene (CPP) films are low-density, cost-effective, high-performance, and transparent films that are extensively used in the medical, food packaging, and textile industries.
    How big is the Asia Pacific 20–30 micron CPP films market?
    Demand for 20–30 micron thick CPP films in APAC accounted for more than 51% of the market share in 2020 and will grow with higher adoption in food packaging.
    How will the adoption of CPP films fare across the food & beverage application in Asia Pacific?
    The food & beverage applications recorded more than 55% of the APAC market share in 2020 with the surging need for high heat resistance and excellent packaging integrity at extreme temperatures.
    Who makes cast polypropylene films in the Asia Pacific?
    Some of the leading market players in APAC include Tri-Pack Films Limited, Mitsui Chemicals Tohcello, Inc., 3B Films Private Limited, Uflex Limited, Profol Group, Polyplex, Jindal Poly Films Limited, and Cosmo Films Limited.

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