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BOPP film industry continued to show robust growth

May 28/2012
(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.

Demand growth 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 other markets.
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