Published Date: 2022-05-24
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European Cast Polypropylene Films Market size is estimated to surpass USD 260.6 million by 2027, according to a latest forecast report by Graphical Research. The rapid adoption of low-cost and efficient packaging films will drive the market revenue.
Increasing demand for stationery packaging owing to the growing educational sector and rising government expenditure on the educational sector across the region will propel market growth. According to Eurostat, the government expenditure on the education sector in Europe accounted for 5.0% of the regional GDP in 2020. Stationery products require high clarity, and CPP films fulfill this requirement in a cost-effective way. The films are used in a range of office supplies such as folders, photo albums, page protectors, semi-rigid packaging products, etc.
The cast polypropylene films that do not affect the nutritional quality of food witnessed an upsurge during the COVID-19 outbreak for hygienic and flexible food packaging in Europe. Consequently, there has been a rise in the demand for CPP films for pharmaceutical and medical packaging. Furthermore, the increased focus on automation across the food and pharmaceutical packaging industry is expected to create a positive outlook.
The availability of replacements, such as BOPP films and PET, is however preventing CPP film adoption. Additionally, regional governments are imposing limits and implementing strict rules on the usage of plastics due to many environmental laws, which might hamper the market growth in the near future.
The metallic CPP film segment will witness 3.3% CAGR during the forecast period, due to its high barrier properties and flexibility, making it ideal for packaging applications across confectionary and bakery products. Countries, including France, the UK, Italy, and Germany, have a mature food processing industry with a variety of processed food products, such as various kinds of ready-to-eat packages, cereals, snacks, and meat; thus, the prominently growing food & beverages sector in Europe.
Browse detailed statistical insights from the report, “Europe Cast Polypropylene (CPP) Films Market Forecast 2027 By Application (Food & Beverages, Agriculture, Stationery, Textile, Medical & Pharmaceutical, Architecture, Others) By Product (General, Metallic, Retort, Others), 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” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/2132/europe-cast-polypropylene-cpp-films-market
The above 50 microns CPP films segment generated around USD 44.4 million revenue in 2020, owing to the rising usage of ecological agricultural films in the industry.
The textile sector will hold over 5% share in the CPP films market by 2027. CPP cast films in the textile industry are used for bags for tablecloths & bath linen, garment packaging, textile packaging bags for hosiery & shirts, etc. Moreover, the growing number of retail outlets and supermarkets in the European countries is expected to drive the demand further. The highly growing textile industry in Europe will positively impact the demand for cast polypropylene films.
The cast polypropylene films in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
Europe Market, By Product
Europe Market, By Thickness
Europe Market, By Application
The above information has been provided for the following countries:
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