The COVID-19 impact on the market
The unexpected changes in the global markets caused by the sudden outbreak of the COVID-19 virus have caused massive and significant tremors in industries of all sizes, including the Cast Polypropylene (CPP) Films Market. The steady slowdown of industries, on the other hand, would undoubtedly put a cap on the previously projected growth rate.
Cast Polypropylene Films market is projected to witness a healthy CAGR of 6.2% during the forecast period. Organic growth in various end-use industries of the market, especially in food & beverages industry coupled with its increasing applications in those industries is likely create healthy demand for the CPP films during the forecast period.