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Breathable Films Global Market Report 2024 - By Growth, Trends, Demand, Report, Analysis, Forecast To 2033
The Business Research Company presents an extensive market research report on the Breathable Films Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The breathable films market size has grown rapidly in recent years. It will grow from $3.21 billion in 2023 to $3.56 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to healthcare industry growth, preference for lightweight packaging, rising environmental concerns, innovation in personal care products, expansion of food & beverage industry, increased consumer awareness..
The breathable films market size is expected to see rapid growth in the next few years. It will grow to $5.22 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to shifting towards online retail channels, consumer demand for functional apparel, surge in biodegradable materials, focus on circular economy, innovations in sports and outdoor apparel, growth in geriatric population`.. Major trends in the forecast period include advancements in material technology, preference for sustainable solutions, technological innovations in film production, growth in industrial protective clothing..
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Key Market Players:
Major companies operating in the breathable films market report are Trioworld Industrier AB, Schweitzer-Mauduit International Inc., Fatra AS, Nitto Denko Corporation, Covestro AG, LyondellBasell Industries NV, Kimberly-Clark Corporation, Berry Global Inc., DuPont de Nemours Inc., Daika Kogyo Co. Ltd., Fujian Xingyuan Industry Co. Ltd., Rahil Foam Pvt. Ltd., Toray Industries Inc., Mitsui Chemicals Inc., Innovia Films Ltd., American Polyfilm Inc., Arkema SA, RKW Group, Skymark Packaging International Ltd., Megaplast Pvt. Ltd., Ahlstrom-Munksjö Oyj, Berry Global Group Inc., Dow Inc., Halyard Health, Huhtamaki Oyj, Jabil Inc., Nippon Steel & Sumitomo Metal Corporation, Teijin Limited, UPM-Kymmene Oyj, Vishay Intertechnology Inc.
Market Drivers:
Increasing building and construction activities are expected to propel the growth of breathable films market going forward. Construction activities are associated with the construction of structures and infrastructure. Breathable films are being utilized as house wraps to limit water vapor permeability through a home's walls. For instance, according to the Indian Ministry of Statistics and Programme Implementation, the construction sector is expected to grow by 16.8 percent in the April-June quarter of 2022-2023, as compared to 2.3 percent in 2021-2022. Therefore, increasing building and construction activities will drive the growth of the breathable films market.
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The breathable films market covered in this report is segmented -
1) By Product: Microporous, Micro Void, Non-Porous
2) By Material Type: Polyethylene, Polypropylene, Polyurethane, Other Material Types
3) By Application: Hygiene And Personal Care, Medical, Food Packaging, Construction, Fabric, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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