According to estimates, breathable film market worldwide would reach US$ 2.9 billion in 2023. In a detailed industry analysis, the global breathable films market is projected to thrive at a CAGR of 3.8% and reach US$ 4.2 billion by 2033.
Various applications benefit from breathable films, including feminine hygiene, adult incontinence supplies, surgical drapes diapers, and adult incontinence products. These films provide cost-effective moisture control. A breathable film is also an important component of roofing membranes, which are used in a number of different applications.
For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2367
There is an increasing incidence of adult incontinence due to the growing geriatric population and obesity rates, contributing to the growth of the market. Additionally, breathable films are expected to be adopted in the construction industry as a result of the growing investment in real estate projects.
The flourishing building & construction vertical coupled with growing demand for food packaging is likely to accelerate the breathable films market in the forecast period. A few other advantages of breathable films include enhanced processability, a wide spectrum of breathability levels, extended shelf life, UV stability, exceptional dispersion, and likewise. – says a lead analyst at Future Market Insights.
Key Takeaways from Market Study
- The breathable films market is expected to secure a CAGR of 3.8% over the forecast period.
- It is estimated that the breathable films market in Asia Pacific may remain strong during the forecast period.
- Sales of breathable films have risen at a 4.1% CAGR between 2017 and 2022.
- Hygiene is the crucial application industry for breathable films.
- The medical application segment of the breathable film market is expected to grow at the notable rate.
Some of the key takeaways from the report are as follows-
- The global breathable films market is anticipated to grow at a CAGR of 6% during the forecast period, starting from 2020 to 2030
- Among materials, polyethylene breathable films are expected to dominate the market due to their diverse applications and low cost
- In terms of type, the micro-porous segment expected to emerge dominant while the monolithic segment is likely to remain in the next leading position during the forecast period
- Hospital disposables sector emerges as key end user, exhibiting high demand for products such as surgical masks, gloves, PPE kits, and others.
- North America expected to continue dominating among regional segments
- In the category by end-users, hospitals to dominate the market during the forecast period. Food and beverages, personal care and hygiene, Apparel and clothing and others to remain in the dominant market positions in the current and near future.
Covid-19 Impact Analysis
Due to the COVID-19 pandemic there is surge in demand of several products starting from personal hygiene to pharmaceuticals and medical disposables like gloves, masks, PPE kit and others which are accelerating the growth of breathable films market globally. Despite of the disruption in manufacturing units or logistics services due to the ongoing pandemic, drop in GDP, job recessions and other factors, the overall market value is set to experience year-to-year growth and expansion throughout the forecast period. East Asian countries to significantly contribute to the global breathable films market due to increased urbanization, demography of the region, medical expenses of the large number of population and other factors.
“Lifting of China’s one child policy ban and rapidly growing aging population is likely to accelerate the demand in global breathable films market. Moreover, rapid growth in medical developments resulting increase in old age populations which is likely to impact the breathable films market positively in the near future” says an FMI analyst.
Get In Touch With Our Team For a 20% Flat Discount
Who is winning?
According to the report by Future Market Insights, the leading market players of the breathable film market are adopting various strategies to sustain in the competitive edge.
As the global market offers impressive opportunities, the key market players such as Schweitzer-Mauduit International, Inc., Berry Global Inc., and American Polyfilm, Inc., focusing on expanding their geographic presence to gain competitive advantage.
Some of the leading market holders in the global breathable film market-
- Trioplast Industrier AB
- Innovia Films
- Arkema Group
- LyondellBasell Industries N.V.
- RKW Group
- Fatra
- Covestro AG
- DuPont de Nemours, Inc.
- Kimberly-Clark Corporation
Feel free to ask your queries@ https://www.futuremarketinsights.com/ask-question/rep-gb-2367
More Valuable Insights on Global Breathable Films Market
In the latest report, Future Market Insights depicts and analyses an unbiased research on the global breathable films market, along with the historical data for period of 2015-2019 and forecast statistics for the upcoming period of 2020-2030. To understand the scope, growth, strategies and opportunities in the breathable films market, the global market is segmented on the basis of material (polyethylene, polypropylene, polyurethane, and others), Film type (micro-porous, monolithic/non-porous), end-user industry (medical, food and beverages, pharmaceuticals, personal care and hygiene, apparel and clothing, building and construction, and others), across six major regions (North America, Latin America, Europe, East Asia, South Asia-pacific, MEA).
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports