In 2023, global sales of breathable films tallied approximately US$ 2.9 billion, signaling a robust presence in the market. According to comprehensive industry analysis, the trajectory for the global breathable films market is poised for growth, projecting a Compound Annual Growth Rate (CAGR) of 3.8%. This upward trend is expected to culminate in a noteworthy valuation of US$ 4.2 billion by the year 2033. As industries continue to prioritize breathable and functional materials, the market’s expansion reflects its integral role in providing innovative solutions across various sectors, solidifying its position in the dynamic landscape of advanced materials and packaging.
Cost-effective polymer-based films, breathable films play a pivotal role in regulating moisture across diverse applications, including but not limited to feminine hygiene products, adult incontinence supplies, surgical drapes, diapers, and various adult incontinence items where breathability is essential. Beyond these, breathable films find significant application in roofing membranes, showcasing their versatility and importance in moisture management within the construction industry.
Anticipated as a high-growth region, the Asia-Pacific is poised to witness substantial expansion in the breathable film market. According to the Indian Institute of Packaging (IIP), packaging consumption in India has surged by an impressive 200% over the past decade, contributing to the region’s dynamic market trends. Meanwhile, the forecast period predicts a remarkable surge in demand for polyester in Latin America, positioning it for substantial growth. However, the Middle East and Africa are currently in the early stages of development, with potential for accelerated growth yet to be fully realized.
Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2367
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
Some of the key takeaways from the report are as follows-
- 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.
Environmental Impact of Breathable Films
As the world shifts towards sustainability, evaluating the environmental impact of materials is of utmost importance. Breathable films have a significantly lower carbon footprint compared to traditional packaging materials. Their biodegradable nature ensures they do not add to the global plastic waste crisis. Additionally, the reduction in food waste achieved through breathable packaging contributes to curbing greenhouse gas emissions.
Buy Now/Purchase: https://www.futuremarketinsights.com/checkout/2367
Key Segmentations:
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
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
