CPP Packaging Films Market to Approach US$ 7,000 Mn in 2028

CPP Packaging Films Market to Approach US$ 7,000 Mn in 2028

June 27, 2018 Off By Sebastian Reisig

The versatile characteristics of CPP or cast polypropylene packaging films have bolstered their use in the packaging of food products. Emerging economies are witnessing an extravagant demand for convenience food including bakery, snacks and more, owing to changing lifestyles of the people. There is also an increasing demand for fresh, healthy, and convenient ready-to-eat food products that need to be packaged carefully to maintain the shelf life. CPP packaging films meet this need and by providing better protection against microorganisms, ensure that the stored food products are safe and fresh for consumption. This has impacted the global demand for CPP packaging films, pushing global market revenue to an estimated US$ 7,000 Mn by the end of 2028. In a new market study by Persistence Market Research, the CPP packaging films market is projected to witness a steady growth rate of 4.1% during the forecast period 2018-2028.