BOPET Packaging Films Market Growth Health Infrastructure, Scope & Outlook 2028

 Biaxially-oriented polyethylene terephthalate or BOPET refers to a polyester film that is produced with the use of stretched polyethylene terephthalate. They usually have excellent chemical stability, electrical insulation, good tensile strength and reflectivity. These packaging are widely utilized in applications such as electrical and electronics, cosmetics and personal care, food and beverage, and automotive industry, among others.The rise in the popularity of high barrier packaging solutions across the globe acts as one of the major factors driving the growth of biaxially-oriented polyethylene terephthalate (BOPET) packaging films market. The increase in demand for fast-food chains and hot-served food and use of the packaging solutions to extend the shelf life of products accelerate the market growth. The rise in use of the product as they are capable of withstanding high temperatures, essential for packaging requirements, and surge in concerns about the safety of cosmetics products further influence the market. Additionally, rise in consciousness towards environment, rapid urbanization, improved lifestyle and rise in spending on food and beverages positively affect the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market. Furthermore, advancements in the product extend profitable opportunities to the market players in the forecast period of 2021 to 2028.




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