The global Breathable Films market is expected to increase over the forecast period of 2020-2030, reaching US$ 927.8 billion by 2030, according to FMI researchers.
Pharmaceuticals, medical, hygiene & personal care, food & beverage, sanitary napkins, incontinence products, hospital disposables such as gloves, PPE kits, food packaging, and other industries all use breathable films. The global urbanisation that has occurred in the previous decade has acted as a driving force in the expansion of the breathable films market, which is expected to continue in the projected term (2020-2030).
- Global breathable films market is anticipated to grow at 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, 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.
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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
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).
Key Segments Covered in Breathable Films Industry Research
Breathable Films Market by Material Type:
- Polyethylene
- Polypropylene
- Polyurethane
- Others
Breathable Films Market by Film type:
- Micro-Porus
- Monolithic/Non-Porus
Breathable Films Market by End-user Industry:
- Food & Beverages
- Pharmaceuticals
- Personal Care & Hygiene
- Apparel & Clothing
- Building & Construction
Breathable Films Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa (MEA)
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