According to Custom Market Insights (CMI), The Global Breathable Films Market size is expected to grow at a compound annual growth rate of 8% from the year 2022 till the year 2030. The breathable films market is expected to reach USD 4.8 billion by 2030, growing from USD 2.8 billion in 2021. The increasing demand for hygiene among the people has emerged as a major growth factor for the breathable film market and is expected to increase.
The huge demand for products that help maintain hygiene in the healthcare sector and the food packaging industry has emerged as the major driving force for the market’s growth. The high disposable income available to the people has enabled them to opt for advanced options available in the market. The pandemic outbreak considerably impacted this particular market as the demand for premium materials had increased worldwide, with the high demand for PPE kits.
Browse the full “Breathable Films Market Size, Trends, and Insights By Material (Polypropylene, Polyethylene, Others), By Technology (Microporous, Monolithic), By End User (Medical, Packaging, Textile, Construction, Hygiene and personal care, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” report at https://www.custommarketinsights.com/report/breathable-films-market/
Market Dynamics
Drivers
The increasing demand for hygiene products among developing countries has emerged as a major driving force for the breathable films market, which is expected to grow similarly in the future and hence record considerable revenue over the period. The extensive use of breathable films by the packaging industry has emerged as a major growth factor for the market due to the huge demand for premium packaging materials among consumers. The higher disposable income available to the people has enabled them to opt for premium packaging materials and advanced healthcare facilities that have helped the market record considerable revenue over the period.
Restraints
The breathable film market’s growth has declined due to the lack of penetration it has exhibited regarding the use of baby diapers. The high cost associated with using premium breathable materials has imposed additional pressure on the key market players, as it will emerge as a major obstacle to the market’s growth during the forecast period. These multiple reasons have emerged as the restraining factors for the market’s growth.
Opportunities
The increasing awareness regarding hygiene and health among the people, mainly after the pandemic outbreak, has emerged as a major opportunity for the growth of the breathable films market and is expected to continue similarly in the future. The demand is steadily increasing worldwide about the increasing demand for advanced health care facilities among the people. The food and beverages industry, along with the healthcare sector, has emerged as a major opportunity for the growth of the breathable film market.
Challenges
The cultural barriers worldwide vary according to the region, which emerges as a major challenge for the growth of the breathable films market. Lack of awareness regarding feminine hygiene among people in certain parts of the world has emerged as a major challenging factor for the growth of the market. Certain materials have been restricted as they are considered taboo, which imposes additional pressure on the key market players.
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Report Highlights
Based on Material, the segment of polyethylene has emerged as the largest market all over the world pertaining of the extensive use of this Material for the manufacturing process of multiple products due to the premium experience that is provided with the help of this Material. Based on Technology, the monolithic technology segment has emerged as the largest market with extensive demand for this particular Technology among the key market players. Based on end-user, the segment of hygiene and personal care has emerged as the largest market for the extensive demand for baby diapers and adult diapers used in the healthcare sector regularly.
The heavy consumption of surgical drapes in the healthcare sector has also emerged as a major growth factor for this particular segment. Based on geography, the region of Asia Pacific has emerged as the largest market for this particular product because of the increasing awareness regarding hygiene and the rapid use of breathable films in the packaging industry, mainly in China.
Regional Snapshots
The geographical region of Asia Pacific has emerged as the largest market for breathable films about the huge demand experienced by the food packaging industry, which uses this Material on a large scale to provide a premium packaging experience to potential consumers. The medical sector also makes use of this particular Material for helping patients who suffer from incontinence which mainly includes people belonging to the senior population. The huge number of people who belong to this geographic population account for the largest market share and is expected to continue similarly in the future.
The increasing disposable income has enabled them to opt for advanced medical facilities that provide a premium experience to potential consumers. The region of China has emerged as a major consumer of breathable films of the huge packaging industry that belongs to this region. The extensive use of baby diapers has also emerged as a major reason for the growth of the present market. Consumption of breathable films in North America and Europe is increasing considerably and is expected to boost the market growth tremendously in the coming times.
Key Players
- LyondellBasell Industries N.V.
- Kimberly-Clark Corporation
- Berry Globaal Inc.DuPont de Nemour Inc.
- Daika Kogyo Co. Ltd.
- Fujian Xingyuan Industry Co. Ltd.
- Schweitzer-Mauduit International, Inc.
- Rahil Foam Pvt. Ltd.
- Toray Industries Inc.
- Mitsui Chemicals Inc.
- Innovia Films
- RKW Group
- Nitto Denko Corporation
- Trioplast Industries AB
- Fatra A.S.
- Covestro AG
- Skymark Packaging
- American Polyfilm
- Arkema Group
- Omya AG
- Others
Table of Contents: https://www.custommarketinsights.com/report/breathable-films-market-size/#table-of-contents
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