Global Cast Polypropylene (CPP) Films Market Size, Share, Trends, Growth 2032

Cast Polypropylene (CPP) Films Industry Prospective:

The global cast polypropylene (CPP) films market size was worth around USD 2.35 billion in 2023 and is predicted to grow to around USD 3.37 billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.10% between 2024 and 2032.

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The study includes drivers and restraints for the cast polypropylene films market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the cast polypropylene films market on a global as well as regional level.

Cast Polypropylene (CPP) Films Market: Growth Drivers

Cast polypropylene or CPP films offer versatile properties from an industrial perspective such as high impact strength, dimensional stability, heat sustainability, printability, and transparency, which are produced by using raw materials of high grade and laminating aspects. Cast polypropylene films are widely used in industries such as food, packaging, cosmetics, apparel, and pharmaceutical, to increase the shelf life of the products.

It offers excellent transparency and external gloss. Cast polypropylene film has a low-density property like impact resistance and also outstanding tear resistance. Moreover, CPP is also used as a sealant film for non-retort and retort purposes. Therefore, it is the best material used in the packaging of various products from bread to snacks and fresh products.

The rising demand for packaged food and ready-to-eat products coupled with the escalating global population is projected to be one of the prime factors driving the cast polypropylene films market growth. There is a growing application of cast polypropylene films in the healthcare and pharmaceutical industries to protect products from contamination and to extend the shelf life of drug packaging.

Additionally, the surging application of cast polypropylene films in the packaging of cosmetics products is likely to enhance the consumption of cast polypropylene films, thereby, propelling the cast polypropylene films market growth in the upcoming years as well.  But, the fluctuating prices of the product may hamper the market growth in the near future. However, product innovation and continuous research and development in the cast polypropylene films industry are further expected to offer new growth opportunities to the market.

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Cast Polypropylene (CPP) Films Market: Segmentation

The global cast polypropylene films market is segmented on the basis of product type, thickness, and application.

Based on product type, the market is segregated into general, metallic, retort, and others. General cast polypropylene films accounted for a significant share of the global cast polypropylene films market. The rising demand for the product in heat resistance packaging applications is expected to boost the market growth.

Based on thickness, the global cast polypropylene films market is divided into 0-30 microns, 31-50 microns, and above 50 microns. 31-50 microns accounted for around 50% of the global cast polypropylene films market.

Based on application, the global cast polypropylene films market is classified into food & beverages, agriculture, stationery, textile, medical & pharmaceutical, architecture, and others. In 2018, the food & beverages segment dominated the cast polypropylene films market and the stationary segment is projected to grow at the highest CAGR during the forecast period. The surging application of cast polypropylene films in the food packaging industry in developing as well as developed countries is expected to drive segment growth.

Cast Polypropylene (CPP) Films Market: Regional Analysis

Asia-Pacific holds high growth potential during the forecast period

The Asia Pacific is the dominating region and is projected to maintain its dominance in the next few years as well. The booming demand for processed food products has further propelled regional market growth. Moreover, the rapidly growing application of cast polypropylene films in the pharmaceutical industry is anticipated to fuel the market in the upcoming years as well. Furthermore, North America is estimated to observe significant growth during the forecast period owing to the surging demand for cast polypropylene films in the food & beverage and cosmetics industries.

Cast Polypropylene (CPP) Films Market: Competitive Analysis

The global cast polypropylene (CPP) films market is led by players like:

• Uflex Limited
• Polibak
• Tri-Pack Films Limited
• Copol International
• Tohcello Inc
• Manuli Stretch s.p.a.
• Profol group
• Panverta
• Polyplex
• Jindal Poly Films
• 3B Films Ltd.
• Poligal
• Mitsui Chemicals
• Plastchim-T

The global cast polypropylene (CPP) films market is segmented as follows:

By Product Type

• General
• Metallic
• Retort
• Others

By Thickness

• 0-30 Microns
• 31-50 Microns
• Above 50 Microns

By Application

• Food & Beverages
• Agriculture
• Stationary
• Textile
• Medical & Pharmaceutical
• Architecture
• Others

By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa