The global elastic laminates market is expected to surpass US$ 6 billion by 2022, with a growth rate of 5.4% from 2022 to 2028. Currently, manufacturers of personal hygiene products dominate the market, holding approximately 85% of the market share. Elastic laminates find extensive use in various applications, with baby diapers being the most popular, while the share of feminine hygiene products is rapidly expanding.
In addition to personal hygiene products, there are significant opportunities for elastic laminates in the incontinence products segment. The increasing prevalence of chronic diseases, particularly urological conditions, is driving the demand for incontinence products that utilize elastic laminates. Moreover, the use of elastic laminates in medical products such as medical tapes is contributing to market growth.
One of the persistent challenges faced by manufacturers is managing temperature and humidity in hygiene and incontinence products. To address this issue, leading elastic laminates manufacturers are conducting research and experimenting with different design materials. They are exploring non-woven webs and breathable films as potential solutions to effectively manage humidity-related issues associated with elastic laminates, especially in incontinence and hygiene products. Companies like Merries Disposable Diaper have introduced innovative baby diapers with superior breathability features, focusing on advancements in breathable materials.
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Overall, the demand for elastic laminates is primarily driven by the growth of personal hygiene products, including baby diapers and feminine hygiene products. The expanding market for incontinence products and the incorporation of elastic laminates in medical applications also contribute to the positive outlook for the market. The ongoing focus on addressing temperature and humidity challenges through material innovations further enhances the potential for growth in the elastic laminates market.
List of Key Players Covered in Elastic Laminates Market are:
- Golden Phoenix Fiberwebs, Inc.
- Pantex International S.p.A.
- Neos Italia Srl
- Mondi Group plc
- Berry Global Group, Inc.
- Exxon Mobil Corp
- Tredegar Corporation
- Schweitzer-Mauduit International, Inc.
- Kraton Corporation
Report Benefits & Key Questions Answered
- Elastic Laminates Historical Market Analysis: The detailed survey by FMI, examines key factors in the Water Resistant Packaging market that affected the growth in the market for the last assessment period 2015–2021 and also studies their consequent impact. It also provide refined the sales projection of the Water Elastic Laminates market for the forecast period 2022 to 2028.
- Elastic Laminates Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for
- Elastic Laminates for the assessment period. As per the study, the demand for Elastic Laminates will grow at a robust CAGR between 2022 to 2028.
- Elastic Laminates Market Trend Analysis: The latest study by FMI on the Elastic Laminates market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
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Competitive Landscape
Elastic laminates are being used in diapers in adhesive closure systems such as frontal tapes and elastic mechanical tapes.
- Lohmann-koester GmbH & Co. KG offers elastic laminates for application in baby diapers such as for frontal tapes, elastic mechanical tapes, and elastic side panels.
- Procter & Gamble introduced new and improved Pampers Cruisers Diapers with extra absorb channels, which enable babies to stay drier, and the diaper does not sag like ordinary diapers.
- Schweitzer-Mauduit International, Inc. increased the production of polypropylene-based netting and non-woven products.
Region-Wise Insights
North America holds the largest market share due to the US being at the forefront of advanced healthcare practices. Europe shares the same story. However, the future lays with the Asia-Pacific due to the developing economies opting for elastic laminates. LATAM and MEA are also expected to follow suit on this count in the years to come.
Key Segments Covered In Elastic Laminates Industry Research
Elastic Laminates Market by Material Type:
- Ethylene-based Elastomers
- Propylene-based Elastomers
- Styrene-block Copolymers
- Others (PET-based)
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Elastic Laminates Market by Structure:
- Elastic Strand Based
- Elastic Film Based
- Elastic Netting based
- Elastic Nonwovens Based
Elastic Laminates Market by Application:
- Medical
- Hygiene
- Other Applications
Elastic Laminates Market by Region:
- North America Elastic Laminates Market
- Latin America Elastic Laminates Market
- Europe Elastic Laminates Market
- East Asia Elastic Laminates Market
- South Asia Elastic Laminates Market
- Oceania Elastic Laminates Market
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