Escalating Degree of Competition between Global and Local Players to Result in Lower Cost of BOPP Films, says TMR
The global bi-axially oriented polypropylene market is undeniably fragmented; so much so, that the top seven players accounted for less than 20% of the overall market in 2015. The low shares of these manufacturers, namely, Jindal Poly Films, Taghleef Indsutries, Oben Group, Vibac Group, Cosmos Films, and Vitopel, have resulted in intense competition. Transparency Market Research predicts that the rivalry among the players is likely to be intensified by the entry of several local players. “The degree of competition will rise from medium to high during the forecast period as an increasing number of local manufacturers lower the cost of the final product by raising the production,” the author of the study states. The offerings of economical BOPP films by local or new players will enable them to compete with existing companies. View Exclusive Global Strategic Business Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3525 The ex...