Biaxially Oriented Polyamide Laminating Films Market - Forecast(2023 - 2028)

Biaxially Oriented Polyamide Laminating Films Market Overview

The biaxially oriented polyamide laminating films market size is estimated to reach USD 6.1 billion by 2027, growing at a CAGR of around 9.4% from 2022 to 2027. Biaxial orientation of polyamide film offers mechanical properties such as tensile strength and young's modulus, and barrier properties. The biaxially oriented polyamide laminating films market share is growing due to high applications in packaging for food, healthcare, and others. The barrier films such as silicon dioxide are deposited on the surface of the packaging to offer efficient barrier and corrosion protection. Furthermore, bopa laminating films act as a barrier between the packaged item and atmosphere to avoid the oxygen entrance due to its properties such as low permeability to gases, chemical and tear resistance. The growth in the processed food segment and flexible packaging trends will drive the biaxially oriented polyamide laminating film market in the forecast period. Thus, biaxially oriented polyamide laminating films will see a major growth owing to their rising applications in paper, packaging, printing, pharmaceuticals, cosmetics, electronics, and other end users.

COVID-19 Impact

The COVID-19 pandemic has negatively impacted the biaxially oriented polyamide laminating films market. The halt in film production due to lockdown restrictions and the demand-supply gap was faced by the manufacturers. The biaxially oriented polyamide laminating films are majorly used in food packaging, paper, cosmetics, healthcare, and electronics. The packaging industry is worst impacted by the covid19. The biaxially oriented polyamide laminating films are used in the food packaging sector owing to their high oxygen barrier, young's modulus and enhanced moisture absorption properties compared to other plastics. The food packaging industry makes high revenue from the biaxially oriented polyamide laminating films in flexible packaging applications. Furthermore, disturbances in the manufacturing of bopa laminating films due to halted supply chain, low workforce, and resources have impacted the application of packaging laminate films. A short-term decline in the food packaging segment during the pandemic has led to a fall in the biaxially oriented polyamide laminating films industry. According to the United States Department of Agriculture (USDA), the foodservice industry saw a sharp decline of 16.9%, with $1.68 trillion food supplied in 2020 compared to $1.79 trillion in 2019. This fall denoted a slowdown in packaging applications, thereby leading to a decline in biaxially oriented polyamide laminating films usage for barrier and protection in the food and non-food packaging segments.

Biaxially Oriented Polyamide Laminating Films Report Coverage

The biaxially oriented polyamide laminating films market report: “Biaxially Oriented Polyamide Laminating Films Market – Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments of the biaxially oriented polyamide laminating film market.

By Orientation Process: Sequential stretching, Simultaneous stretching, Blown, and Others.
By Type: Solvent-based, Thermal laminating film- Dry bonding, Solventless, and others.
By Application: Packaging, Paper laminating, Book covers Electronics, Printing, and Others.
By End-Use Industry: Packaging Industry (Flexible), Printing, Electronics (Wearable electronics, Transparent electronic devices, and others), Healthcare, Food industry, Cosmetic, and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa).

Key Takeaways

• The rising applications of flexible packaging in various industries, majorly food segments have boosted the biaxially oriented polyamide laminating films market size owing to its high moisture absorption and strong barrier that saves the package from oxidation and deterioration.
• The Asia Pacific held the largest growth share for 2020 in the biaxially oriented polyamide laminating film market due to the rising demand for biaxially oriented polyamide laminating films for applications in the packaging in various end-users such as food, healthcare, and others.
• The demand for biaxially oriented polyamide laminating films for the healthcare industry is boosting in the forecast period, owing to its rising applications in medical packaging, devices, and others. It offers stability, non-curling property, abrasion resistance, and clarity in pharmaceutical applications.

Figure: Biaxially Oriented Polyamide Laminating Films Market Revenue, 2021-2027 (US$ Billion)

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Biaxially Oriented Polyamide Laminating Films Market Segment Analysis – By Orientation Process

By orientation process, the sequential segment is expected to have the largest share of over 30% and will dominate in the biaxially oriented polyamide laminating films market. The simultaneous process is fast growing owing to the demand for biaxially oriented polyamide laminating films in various applications. The sequential stretching process is growing due to its better stability, balance, and performance in high-end use. According to India Brand Equity Foundation (IBEF), India ranked 3rd based on pharmaceutical production volume, with total exports reaching USD 5.78. The growth of processed foods and pharmaceuticals has led to high technical demands on biaxially oriented polyamide films that are produced by the sequential orientation lines. Various techniques such as vapor deposition, a method of sputter deposition can be used to allow better control and film thickness. Furthermore, the rising use of the sequential process in recent years due to its improved film properties such as barrier, mechanical strength, sealing, and flexibility will boost the biaxially oriented polyamide laminating films market.

Biaxially Oriented Polyamide Laminating Films Market Segment Analysis – By Type

By type, thermal lamination is expected to have the largest share of over 35% in the biaxially oriented polyamide laminating film market and will dominate the paper and packaging market in the coming years. The dry bonding lamination is used in bopa films for paper, printing, and labeling and is available in different finishes ranging from high gloss to matte. According to the Printing Industry of America (PIA), Chicago ranked first in printing plants with more than 2300 plants, followed by Los Angeles with 2041 plants. The application for book lamination, diaries, pouches, wraps, printing, and others are majorly done through dry bonding thermal laminating type. The increasing trend of one-sided lamination is boosting the thermal dry bonding film. Thus, the thermal dry laminating films will be growing owing to major applications for paper and packaging segments, owing to strong abrasion resistance, breathability, and availability in the market.

Biaxially Oriented Polyamide Laminating Films Market Segment Analysis – By Application

By application, the packaging segment has the largest growth with around 45% share in 2021 and is expected to dominate the biaxially oriented polyamide laminating film market size in the coming years. The demand for biaxially oriented polyamide laminating films for packaging in food, cosmetics, and healthcare has increased due to the high tensile strength, chemical resistance, moisture barrier, abrasion resistance, mechanical strength, and others. One such film is indium tin oxide that has various packaging applications. Furthermore, polyamide laminate films are increasingly used in food and non-food application such as healthcare packaging, food package laminating, electronics thermal packaging, and others, owing to the need for package protection, a barrier from the atmosphere, and flexibility. According to the Packaging Industry Association Of India (PIAI), the packaging market of India is expected to reach more than USD 205 billion by 2025, with a CAGR of 26%. The polyamide laminating film has numerous applications for paper and document packaging as well. Thus, the biaxially oriented polyamide laminating films industry is forecast to show major growth in various packaging applications owing to its excellent mechanical, barrier, and thermoformability properties.

Biaxially Oriented Polyamide Laminating Films Market Segment Analysis- By End-Use Industry 

By end-use industry, the food and beverage industry segment is expected to have the largest share of more than 40% in 2021 and is expected to dominate the biaxially oriented polyamide laminating film market in the forecast period. The bopa films are majorly used in frozen food packaging, steaming food packaging, meat, bakery, cheese, and others. The rising demand for strong and flexible packaging in the food industry is likely to boost the biaxially oriented polyamide laminating film market share, due to its strong barrier properties, moisture absorption, high tensile strength, and enhanced optical clarity. According to the Annual Survey of Industries (ASI), the gross value added in the food processing sector for 2019-20 was INR 2.24 lakh crores, contributing 1.69% of GVA in the country. The biaxially oriented polyamide laminating films are majorly used in the food industry such as frozen food, meat, convenient foods, and others. It adds as a barrier between the packaged food and environment and thereby the entrance of oxygen or moisture in the package. Furthermore, the applicability of polyamide laminating films in food and beverage has increased owing to its mechanical, optical, and barrier properties. These properties may degrade over time, thus, properties and other structural qualities of the packaging film are checked with a non-destructive method such as near-infrared spectroscopy. The packaged food item remains safe from oxidation or any deterioration from the atmosphere. Thus, the demand for the biaxially oriented polyamide laminating film industry is forecast to grow in the forecast period. 

Biaxially Oriented Polyamide Laminating Films Market Segment Analysis – By Geography

By geographical analysis, the Asia pacific holds the largest share of more than 35% in the biaxially oriented polyamide laminating film market for the year 2021. The dominance of flexible packaging in packaging, healthcare, printing, and food retail is boosting the growth of biaxially oriented polyamide laminating films in Asia. The requirement for sustainable and lightweight packaging by manufacturers in this region is growing the demand for flexible food packaging. The food and beverage industry is growing owing to rapid investments and developments. According to the United States Department of Agriculture (USDA), the food and beverage item produced by the food processing industry in Japan sums to USD218 billion in 2018. The bopa laminating films are used in the food industry for processed food packages, dairy packaging, fruits wrapping, meat packaging, and others. Furthermore, various investments and government initiatives are likely to boost the food industry in India, such as relaxed foreign direct investment norms by the Indian government to allow 100% FDI in the food products. Additionally growing electronics and healthcare sector will lead to an increase in packaging and thereby the use of polyamide laminating films in various end-use segments. The demand for the biaxially oriented polyamide laminating films industry in Asia is growing, owing to the need for the enhanced barrier, security, and oxidation protection in various packaging and printing applications in the forecast period.

Biaxially Oriented Polyamide Laminating Films Market Drivers

Increasing demand from end-users will drive the biaxially oriented polyamide laminating film market

The increasing demand by various end-users, majorly packaging, healthcare, electronics, and others will drive the biaxially oriented polyamide laminating films market. The polyamide or nylon laminating films are used in various applications owing to their high mechanical and strong barrier, and haptic properties compared to other options. The food industry uses bopa laminating films to add a barrier against oxygen, oil, and grease, thereby boosting its demand in the food segment. The biaxially oriented laminating films are also increasingly used in healthcare for healthcare packaging, IV solution overwrap films, medical pouches, and other low barrier-oriented applications. According to the Indian Brand Equity Foundation (IBEF), the medical device market is expected to cross USD 11 billion, along with the healthcare market crossing USD 372 billion by 2022. Furthermore, the growing demand for biaxially oriented polyamide laminating films will drive the biaxially oriented polyamide laminating film market.

Superior barrier properties of bopa films in the food industry will drive the biaxially oriented polyamide laminating film market

The biaxially oriented polyamide laminating films have excellent barrier properties that are required for a variety of packaging applications. It offers high tensile strength, moisture absorption, flexibility, and transparency. The demand for processed foods and freshness is growing among commodity users. Packaged foods are susceptible to damage by oxygen exposure, atmospheric impurities, and others. The barrier property of bopa laminating film protects the food package from getting perished, retains its freshness, provides enhanced security and prolongs the shelf life. Furthermore, aroma barrier and high moisture barrier are provided in the food packages by biaxially oriented polyamide laminating films, compared to BOPP and other films. Thus, leading to a rise in overall biaxially oriented polyamide laminating film market share and offering a better biaxially oriented polyamide laminating films industry outlook in the coming years.

Biaxially Oriented Polyamide Laminating Films Market Challenges

Limited technology availability and high producing price can be a challenge to the biaxially oriented polyamide laminating film market.

The biaxially oriented polyamide laminating films have hygroscopic nature and their gas barrier property gets deteriorated with the moisture absorption. This leads to an increase in costs such as film handling, manufacturing, transportation, and storage. Furthermore, the limited technology for its manufacturing can be associated with high prices on manufacture, as the biaxially oriented polyamide films do not have production in every region. China is the largest producer for biaxially oriented laminating films as it has the stretching technology required to make the bopa films, along with Japan. The estimated bopa film imported can range between INR 250-300 per kg, whereas the cost for bopp ranges between INR 90-150 per kg. Chinese company Xiamen Changsu is actively expanding its bopa films production capacity and commissioning the LISIM technology line, thereby adding great revenue to biaxially oriented polyamide laminating films market share. Most regions have to rely on Asia for imports to fulfill the domestic demand of bopa films, thereby leading to an increase in other costs for the new players in the market. Thus, the low availability of equipment for bopa manufacturing in various regions and high costs associated with it can become a major challenge to the global biaxially oriented polyamide laminating films industry.

Biaxially Oriented Polyamide Laminating Films Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies that are adopted by the dominant players in the market. Biaxially Oriented Polyamide Laminating Films top 10 companies include:

1. Kingchuan Packaging
2. D&K Group
3. Cosmo Films
4. Star Flexi Films
5. Changsu
6. Uflex
7. Sojitz Plastics
8. Web Plastics Company
9. Toray Industries
10. Amcor Limited

Recent Developments

• In 2019, Domo Chemicals introduced “Nyleen” biaxially oriented polyamide films and CPA films to lower the impact on the environment with LCA declaration.
• In 2019, Oben Holding Group S.A.C launched its second Nylon (biaxially oriented polyamide line with a production capacity of 13,000 MT per year in Peru. This will boost the company’s BOPA capacity to 20,000 MT per year.

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