Industry Background:
Breathable Films are called micro-porous films that are semi-preamble films preventing the liquid or water from passing through but allow the gasses and water vapor. Breathable Films has high growth prospects due to increasing birth rates and aging population. Increasing demand for breathable films across end-use industries such as building & construction, pharmaceutical and food & beverages is steering market growth. This has resulted in a significant demand for the product owing to increased production of barrier gowns, medical sheets, patient gowns, operating cloth, wound dressing, examination gowns and others. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on fastest-growing verticals for the sports apparel.
According to AMA, the market for Breathable Films is expected to register a CAGR of 8.1% during the forecast period to 2026. This growth is primarily driven by Increasing Awareness Regarding Health and Hygiene. and Growing Consumption of Packaging Materials in the Food and Beverages Industry..
Globally, a noticeable market trend is evident Rising Disposable Incomes and Healthcare Expenditure.
. The Apparel Retail sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Argotec LLC. (United States), Celanese Corporation (United States), Mitsui Chemicals (Japan), Arkema (France), Trioplast (Sweden), RKW Group (Germany), Toray Industries Inc. (Japan) and Clopay Plastics (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Feb 2018 Berry Global Group, Inc. completely acquired Clopay Plastic Products Company, Inc. This acquisition will be beneficial in providing innovating elastic films and laminates products for healthcare, industrial, and construction protective apparel. It also strengthen the market presence and supply channels in different region.
Market Drivers
- Increasing Awareness Regarding Health and Hygiene.
- Growing Consumption of Packaging Materials in the Food and Beverages Industry.
Market Trend
- Rising Disposable Incomes and Healthcare Expenditure.
- Growing Number of Working Women and Westernization of Lifestyle.
Restraints
- Sluggish Growth of Baby Diapers at Emerging Countries
- Availability of Substitutes Products
Opportunities
Upsurge Demand for Premium Diapers and Growing Per Capita GDP Boost the Breathable Film Market
Challenges
Cultural Barriers is Anticipated to Challenge the Market. and Higher Cost than Conventional Films
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Breathable Films Study Sheds Light on
The Breathable Films Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Breathable Films industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Breathable Films industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.