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Breathable Films Market Outlook 2024: Exclusive Report By The Business Research Company | Trioworld Industrier AB, Schweitzer-Mauduit International Inc., Fatra AS, Nitto Denko Corporation
Breathable Films Market Characteristics
The Business Research Company offers in-depth market insights through Breathable Films Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
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
Major Driver - Elevated Building And Construction Activities Fuel Growth In The Breathable Films Market
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.
Competitive Landscape:
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.
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Top Trend - Product Innovations Transforming The Breathable Films Market
Product innovations are a key trend gaining popularity in the breathable films market. Major companies operating in the breathable films market are focused on developing new product solutions to strengthen their position in the market. For instance, in March 2021, Printpack Inc., a US-based packaging company, launched Preserve line of breathable laminated film for fresh produce. This film is made entirely of polyethylene and is approved for in-store drop-off recycling, offering a sustainable product without compromising manufacturing performance, product protection, shelf life, or brand differentiation. The technology allows produce to breathe, extending freshness and reducing food waste, while an anti-fog treatment maintains package clarity.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Breathable Films Market Characteristics
3. Breathable Films Market Trends And Strategies
4. Breathable Films Market - Macro Economic Scenario
5. Breathable Films Market Size And Growth
…..
27. Breathable Films Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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