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The Global Biaxially Oriented Polyethylene Terephthalate (BOPET) Films Market is expected to exhibit a CAGR of over 6.8% to reach a value of around USD 24.8 billion by the end of 2028.

Polyethylene terephthalate (PET) films are created by forming the material into a film and then stretching it in both machine and cross directions. This film provides great clarity, stiffness, a smooth surface, chemical and abrasion resistance, and is easy to work with. BOPET films are popular because they are simple to prepare and provide an effective oxygen barrier. Ink, glue, and aluminium metallization adhere better to BOPET films. Medical devices, consumer electronics, renewable energy, and automotive, among other industries, use BOPET films.

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All materials and/or raw materials used are compliant with FDA regulations and restrictions on indirect food additives from the United States of America, as outlined in the Code of Federal Regulations of the E.E.U.U Drugs and Food Administration (FDA), title 21, parts:

EC Regulation 1935/2004 – Food Contact Materials: The Framework Regulation –

Millions of individuals have been impacted by the COVID-19 global pandemic, which has impact negatively on our healthcare system. As a result, the demand for flexible packaging is growing at a rapid pace. In the near future, industry experts predict a significant increase in demand for these products.

COVID-19 has had a major impact on the healthcare systems of several countries throughout the world. As the pandemic spread like a forest fire across the US and Europe over the last 60-90 days, the demand for flexible packaging to distribute medical supplies like gowns, masks, and other protective gear has skyrocketed.

Biaxially-oriented PET (BOPET) plastic film producers are seeing substantial increases in larger purchases from flexible packaging manufacturers as a result of major growth in the demand for flexible packaging in these and other industries. According to industry analysts, the raw material supply chain that supports the flexible packaging sector is now meeting demand.

In the European market, transportation costs have risen, resulting in an increase in the price of European BOPET film. Both the US and European packaging industries must be aware of the human impact that rising demand for flexible packaging is having on their workforces.

The issue of flexible packaging sustainability, which has been a major concern for the industry for many years, has been put on hold, at least for the time being. Once the COVID-19 epidemic has been resolved, everyone should expect this critical issue to resurface.

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Some of the key players operating in the global biaxially oriented polyethylene terephthalate (BOPET) films market includes Polyplex (India), Jindal Poly Films Ltd. (India), Garware Polyester Ltd. (India), Mitsubishi Polyester Film, Inc. (U.S.), Terphane (U.S.), Sumilon Industries Ltd. (India), Fatra, A.S. (Czech Republic), Jiangsu Xingye Polytech Co., Ltd. (China), Fuwei Films (Holdings) Co., Ltd. (China), POLİNAS (Turkey), and others.

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