|(polyestertime) -- The BOPP film industry
continued to show robust growth during 2011 with demand advancing by 5.5%
compared with 2010 to top 6 mln tons for the first time according to a latest
report on the global BOPP film market from AMI Consulting.
was slightly down on 2010 which had been the bounce back year from the financial
crisis for most markets around the world. Global demand is increasingly being
driven by developments in Asia, particularly in China, India and Indonesia.
With over 60% of BOPP usage occurring in food packaging, it is the
growth in demand in these countries for an ever-widening variety of packaged
foods sold through supermarket outlets that is one of the principle drivers for
this material. With large, youthful and growing populations, increased
urbanisation and rising incomes it is the developing markets of Asia that will
continue to underpin growth in BOPP film demand.
AMI's analysis shows
that China alone now accounts for 40% of global production and demand and on its
own accounted for 2 percentage points of the global growth achieved in 2011. It
accounted for 95% of all new capacity installed in 2011. Although production has
and will continue to be primarily to serve the domestic market, the volume of
output now is such that even modest export volumes have the potential to disrupt