GlobalBOPET Packaging Market: Overview
Foodcontamination is a major concern in the food and beverage sector, especially inretail chains. The concerns for clean and quality food items are on the rise,especially as rapid food deliver mechanisms, and safety of food continue toremain a focal point of attention for consumers. The globalBOPET packaging market promises to solve this major challenge with FDAapproved films which are both ideal for containing contamination, and flexiblefor commercial use. The thickness of these films can be varied to suit a widevariety of food products and this flexibility continues to make way for awidespread adoption. Thanks to the growing adoption of BOPET packagingsolutions, the market is expected to register robust growth in the near future.The key feature of BOPET packaging to barricade oxygen promises to open newopportunities for players in the global BOPET packaging market.
Global BOPET Packaging Market: Notable Developments
Theadvanced method of EB or Electronic Beam drying technology is expected to bringdynamic shifts in the BOPET packaging market in the near future. This new printingtechnology can make way for newer applications such as offset printing andflexography. Additionally, the printing is also expected to result insignificant cost-savings as it relies on low energy electrons which result inlower energy consumption. Moreover, the new printing methods can also resolveconventional challenges such as migration of volatile organic compounds as itingrains higher resistance. This is true for both mechanical and chemicalagents.
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Multi-layeredNano-technologies packaging solutions are emerging as key trend in thepackaging industry. The key factors driving growth of these solutions is thewater vapor permeability and low oxygen requirements from end-users. Thegrowing blend of BOPET and polymer films are expected to solve these challengeswith various benefits such as extended shelf life for end products. This hasled to an increased demand for biodegradable materials. The growing funding forresearch in dissolvable materials and improved materials are expected to drivesignificant growth for the BOPET packaging films market in the near future.
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Global BOPET Packaging Market: Driversand Restraints
Thegrowing demand for fast-food chains and hot-served food is expected to drivesignificant growth for the BOPET packaging films market in the near future.These new packaging solutions can not only extend the shelf life of productsbut also help them withstand high temperatures, essential for packagingrequirements. Alternatives continue to exhibit low-sensitivity to food productswith high-temperatures, which is expected to drive more growth for the BOPETpackaging films market in the near future. Additionally, traditional mediumslike Aluminium foils are relatively expensive as compared to BOPET packagingmethods which is also expected to be a boon for the BOPET packaging filmsmarket. The growing demand for cosmetics and rising concern about their safetyare also expected to a major driving factor for the growth of the BOPETpackaging films market. The limited shelf life of cosmetics is expected to be amajor uptake for the BOPET packaging films market.
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The highmechanical strength and thermal properties continue to drive growth for themarket, its excellent transparency and good stiffness continue to attract newbuyers as well. The rising demand for pharmaceuticals, the growing demandfor fast-foods, and trends like multi-layered packaging solutions are expectedto drive the BOPET packaging films market in the near future.
Global BOPET Packaging Films Market: Geographical Analysis
The BOPETpackaging films market is likely to make significant headways in North Americaregion. The vast network of fast-food chains, the growing emphasis on foodsafety, and tightening regulations are expected to drive the regional market.Additionally, the Asia pacific region is expected to register the fastestgrowth in the global BOPET packaging films market. The growing demand forfast-foods due to changing lifestyle trends, rising disposable incomes, andlarge population are expected to create significant opportunities for variousplayers in the BOPET packaging films market. Middle East and Africa are alsoexpected to register lucrative growth due to popularity of fast-food chains,and growing awareness about food safety.
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