The BOPP film market is showing an increase in both supply and demand. In the future, functional BOPP films are expected to become the mainstream of the market.
BOPP film, biaxially oriented polypropylene film, refers to a film product made from polymer polypropylene as raw material and processed through stretching, cooling, heat treatment, coating and other processes. According to different properties, BOPP films can be divided into ordinary BOPP films and functional BOPP films; according to different uses, BOPP films can be divided into cigarette packaging films, metallized films, pearlescent films, matte films, etc.
BOPP film is an important type of flexible packaging material. It has the characteristics of toughness and wear resistance, non-toxic and odorless, transparent and light weight, as well as good moisture resistance, high impact strength, good air tightness and high tensile strength. It is currently used in new applications. Widely used in energy, electronics, printing, packaging, food, daily chemicals and other fields.
In recent years, with the continuous improvement of national living standards and the continuous upgrading of consumer demand, the domestic packaging material market has developed rapidly, and BOPP film, as an important type of flexible packaging material, has seen its market demand continue to increase. According to the Industry Research Center The “2023-2027 China BOPP Film Project Investment Feasibility Study Report” shows that the domestic BOPP film market demand will reach 4.171 million tons in 2022, a year-on-year increase of 9.3%.
Driven by the continued growth in demand, the number of domestic companies entering the BOPP film market continues to increase, and market competition becomes increasingly fierce. Domestic BOPP film companies mainly include Flexible Packaging Group, Fulong New Materials, Guofeng New Materials, Dadongnan Co., Ltd., Huangshan Yongxin, Deguan Film Core Materials, etc. In recent years, with the gradual development of local enterprises, domestic BOPP film production has continued to increase. In 2022, domestic BOPP film production has reached 4.414 million tons. East China, South China, and North China are the main distribution areas of domestic BOPP film production capacity.
From the current supply and demand situation, my country’s BOPP film production and demand are currently showing a steady growth trend; from the supply and demand pattern, the market is showing an oversupply situation. However, after recent years of development, my country’s BOPP film production technology has been continuously improved. At present, some high-end products have basically been domestically produced. Therefore, domestic products are also exported in large quantities to foreign countries on the basis of satisfying the domestic market. my country has become the main producer of BOPP films in the world. China and one of the major exporting countries, the industry development trend is improving.
Industry analysts said that BOPP film is an important type of flexible packaging material and is widely used in electronics, automobiles, food, packaging and other fields. Driven by the rapid development of its application fields, the domestic market demand for BOPP films continues to increase, and the industry is showing a good development trend. At the same time, against the background of the continuous improvement of domestic green manufacturing levels and the continuous strengthening of national environmental awareness, the BOPP film industry is continuously upgrading in the direction of functionalization and environmental protection. At present, the market demand for functional BOPP films is increasing, but only some companies in my country have the mass production capabilities of high-end and special functional BOPP films. In the future, local companies will need to speed up the technological process, and there is huge room for industry growth.
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