Bi-axially Oriented Polypropylene (BOPP) Market Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2013 - 2024
233 Page Report
Escalating Degree of Competition between Global and Local
Players to Result in Lower Cost of BOPP Films, says TMR
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Bi-axially Oriented Polypropylene
Bi-axially Oriented Polypropylene (BOPP) Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2013 - 2024
The global bi-axially oriented polypropylene market is undeniably fragmented; so much so, that the top seven
players accounted for less than 20% of the overall market in 2015. The low shares of these manufacturers,
namely, Jindal Poly Films, Taghleef Indsutries, Oben Group, Vibac Group, Cosmos Films, and Vitopel, have
resulted in intense competition. Transparency Market Research predicts that the rivalry among the players is
likely to be intensified by the entry of several local players.
“The degree of competition will rise from medium to high during the forecast period as an increasing number of
local manufacturers lower the cost of the final product by raising the production,” the author of the study states.
The offerings of economical BOPP films by local or new players will enable them to compete with existing
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The expansion of production capacities and geographical expansions form a key part of the growth strategy of
several companies. A case in point would be Jindal Poly Films Ltd. In November 2015, the company
announced its global expansion plan, which includes an investment of...