February 21, 2023
By:EmpoweringCPO Insights Team

PolyWrap (BOPP)

An overwrap or wrap is applied over an item or is applied over another form of packaging. It is often made of plastic film (sometimes called Polywrapping) or paper. Plastic films, usually polyethylene or polypropylene, can be wrapped around an item and attached with adhesive, PSA tape, or heat seals. Sometimes the film is in the form of a plastic bag which is sealed around the item. BOPP stands for biaxially-oriented polypropylene. It’s a variant of polypropylene (PP). Polypropylene is a thermoplastic polymer, alternately known as polypropene. It’s an ideal printing surface and can be made into labels and stickers, as well as textiles and a host of different plastic parts and materials. This report gives insights on an overview of the BOPP Film market, cost components of Polywrap (BOPP), leading suppliers, and industry analysis based on Porter’s 5 forces model.

Abstract

  • North American producers once led the BOPP Film market but the Industry is now in hands of Asian Owners.
  • According to an AMI Consulting report on the global BOPP film market, the BOPP film market industry produces more than 7 million tons of substrates a year, worth more than $18 billion.
  • The Cost components for Polywrap (BOPP) are Polypropylene Resin, Labor, and others.
  • The report also provides a comprehensive analysis of the market with the help of Porter’s Five Forces Analysis model, which helps in understanding the five major forces that affect the structure and profitability of the global PolyWrap (BOPP) market. The forces analyzed are the bargaining power of buyers, the bargaining power of suppliers, the threat of new entrants, the threat of substitutes, and the degree of competition.

Table of Content

Content Slide No.
Industry Overview 2
Cost Components 3
Porter’s Five Forces Analysis 4
Leading players in the BOPP market 5

If required EmpoweringCPO can support with additional information and the next steps with executing sourcing projects like PolyWrap (BOPP). Also, feel free to reach us if a similar report is required for any other category.

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Compliance management is very critical as otherwise the procurement organization may run into a scenario where there is a huge gap between realized savings and reported savings. Many procurement functions estimate large savings numbers when contracts are signed. They also invest significant time and effort in negotiating contracts for necessary goods and services, only to have a third or more of their purchasing dollars flow outside those deals. Some of the obvious fall-outs of non-compliance and maverick purchases are:

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