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North American Cast Polypropylene Films Market revenue to cross $370 Mn by 2027
Published Date: 2022-05-24
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North American Cast Polypropylene Films Market size is predicted to reach USD 370 million by 2027, according to a latest forecast report by Graphical Research. The fast adoption of low-cost & efficient packaging films will drive the market growth.
Changing lifestyles have created new opportunities for food sector operators, who are selling ready-to-eat & packaged food products that can now have a longer shelf life and be transported to specific audiences while maintaining their quality due to cast polypropylene films. These CPP films are extensively used in the healthcare and pharmaceutical industries to guard against contamination and package pharmaceuticals for longer time periods.
Increasing demand for stationery packaging can be attributed to the region's developing educational sector and increased government spending on education. In April 2022, the U.S. Department of Education passed a new budget on the importance of education and announced the Rescue Plan for helping students, educators, families, and schools recover from the pandemic and re-emerge stronger. The U.S. Department of Education's budget will support students through pandemic response & recovery, educator recruitment & retention, and historic investments in high-poverty schools to boldly address opportunity & achievement gaps. CPP films are used in a wide range of school & office supplies such as folders, picture albums, page protectors, and semi-rigid packaging products.
The metallic CPP films market will grow at a CAGR of 5.5% during the forecast period, due to their strong barrier qualities & flexibility, thereby making them excellent in packaging applications for confectionaries and bakery items. Countries, such as the U.S. and Canada, have a fully grown manufacturing sector that produces a variety of processed food products such as ready-to-eat-packages, cereals, snacks, and meat items; thus, the rapidly growing food & beverages sector in North America.
The 20–30 microns thickness segment held over USD 701.2 million revenue in 2020. Gourmet wraps or candy/confectionery packaging, bakery products, lamination, garment bags, and retort packaging are all examples of this form of packaging owing to the product's great flexibility. Yet, the increasing demand for alternative packaging choices, such as PET, BOPP, and aluminium, is lowering the use of polypropylene cast films in a range of applications.
Browse detailed statistical insights from the report, “North America Cast Polypropylene (CPP) Films Market Forecast 2027 By Thickness (20-30 Microns, 31-50 Microns, above 50 Microns), By Product (General, Metallic, Retort), By Application (Food & Beverages, Agriculture, Stationary, Textile, Medical & Pharmaceutical, Architecture), Research Report, Country Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
By 2027, the textile industry will contribute over 4.1% of the total CPP film revenue in North America. In the textile industry, CPP cast films are used in a variety of applications including tablecloth and bath linen bags, garment packaging, and textile packaging bags for hosiery & shirts.
CPP films can be used as both outer & secondary packaging for medical and pharmaceutical products that require a high level of transparency. It is cost-effective, high-performing, transparent, and created without bi-axial orientation. The product offers several advantages such as strong seal strength, optical clarity and gloss, good moisture barrier, and low static properties. Cast CPP films are suited for retort technology and are temperature-resistant.
The North American cast polypropylene films 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:
North America Market, By Product
North America Market, By Thickness
- 20-30 microns
- 31-50 microns
- Above 50 microns
North America Market, By Application
- Food & beverages
- Medical & pharmaceutical
The above information has been provided for the following countries:
- North America