How Will Flexible Packaging Boost BOPET Demand in Europe?
European BOPET market continues to demonstrate steady growth, with its valuation reaching USD 2.17 billion in 2024 . According to industry analysis, the market is projected to grow at a CAGR of 3.7% , reaching approximately USD 2.89 billion by 2032 . This growth is primarily driven by increasing applications in flexible packaging, electronics, and industrial sectors, particularly in Western Europe where sustainability initiatives are reshaping material preferences. Biaxially-Oriented Polyethylene Terephthalate (BOPET) films are engineered polyester materials manufactured through simultaneous stretching in both machine and transverse directions. This biaxial orientation enhances tensile strength, thermal stability, and barrier properties, making them indispensable for demanding applications. The material's recyclability and potential for lightweighting align perfectly with Europe's circular economy goals, though challenges around collection infrastructure remain. Download FRE...