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Textile Films: A Leading Driver Behind Rising Urban Population Drive Growth Of Textile Film Market Market Expansion in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Textile Films Industry Market Size Be by 2025?
Over the past few years, the textile films market has experienced robust growth. The market is projected to expand from $6.18 billion in 2024 to $6.59 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%.
What's the Long-Term Growth Forecast for the Textile Films Market Size Through 2029?
Expectations are high for the textile films market which is predicted to experience considerable growth in the coming years. The market size is set to increase to $9.02 billion by 2029, with a compound annual growth rate (CAGR) of 8.2%. This anticipated growth during the forecast period is largely due to the rising demand for environmentally-friendly materials, growing needs within healthcare, enhancements in automotive applications, as well as health and hygiene products, and functional textiles across various sectors. The forecast period will also likely witness trends such as improvement in manufacturing processes, growth in healthcare and medical textiles, developments in packaging materials, integration of consumer electronics and technology, the use of energy-efficient construction materials, weather-resistant materials, and innovations in sports and outdoor gear.
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What Are the Key Growth Drivers Fueling the Textile Films Market Expansion?
The burgeoning urban populace is projected to fuel the demand for the textile film market in the future. Urbanization implies the transition of people to city regions. A wealth of benefits such as economic growth, job opportunities and access to education, enhanced living standards, and increased income are associated with urbanization. These cumulative aspects make high-quality textile purchases appealing to individuals, resulting in the innovation of novel textile films and methods. As per the World Bank, an international monetary organization, the prediction for urban population growth in South Asia is set at 250 million by 2030. According to an evaluation by PricewaterhouseCoopers (PwC), a professional services firm based in the UK, urbanization is projected to encompass 60% of the worldwide population by 2030. Hence, the rapidly increasing urban populace is set to facilitate the textile film market's growth.
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What Are the Key Trends Driving Textile Films Market Growth?
In the textile films industry, leading businesses are incorporating novel technologies to maintain their competitive edge. For instance, in April 2023, Justrite, an industrial safety solutions company based in the US, introduced the PetroPad Smart Polymer Spill Pad. This product is designed to absorb and permanently solidify hydrocarbons such as oil, diesel and gas. The geotextile fabric of the PetroPad integrates distinctive polymer technology capable of transforming harmful hydrocarbons into a rubber-like, non-hazardous substance. This exclusive polymer mix is intended to permanently encase hydrocarbons while allowing rainwater to filter through without contamination. This ground-breaking spill-control technology not only has a substantially higher oil capacity, but it also reduces waste disposal costs and removes the risk of environmental catastrophes.
How Is the Textile Films Market Segmented?
The textile films market covered in this report is segmented -
1) By Type: Non-Breathable Films, Breathable Films
2) By Material: Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Others Materials
3) By Application: Hygiene, Medical, Sportswear, Protective Apparel, Others Applications
Subsegments:
1) By Non-Breathable Films: Polyethylene (PE) Films, Polyvinyl Chloride (PVC) Films, Polypropylene (PP) Films, Other Non-Breathable Films
2) By Breathable Films: Polyurethane (PU) Films, Polytetrafluoroethylene (PTFE) Films, Polyester (PET) Films, Other Breathable Films
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Which Companies Are Leading the Charge in Textile Films Market Innovation?
Major companies operating in the textile films market are RKW Group, Covestro AG, Berry Global Group Inc., Mitsui Hygiene Materials Co Ltd, Schweitzer-Mauduit International Inc., Toray Industries Inc., Jindal Poly Films Ltd., Chirpal Poly Film Ltd., Arkema S.A, American Polyfilm Inc., Dongying Gaolart Import & Export Co, Fatra A.S., Trioplast Industrier AB, Cosmo First Limited, Nahar Poly Films Limited, 3M Company, Amcor Limited, Avery Dennison Corporation, Bonset America Corporation, CCL Industries Inc., DuPont de Nemours Inc., DSM Engineering Plastics Inc., Eastman Chemical Company, ExxonMobil Chemical Company, Flex Films Inc., Formosa Plastics Corporation, Futamura Chemical Co. Ltd., Garware Polyester Ltd., GBC Industrial Tools S.p.A.
Which Regions Are Leading the Global Textile Films Market in Revenue?
Asia-Pacific was the largest region in the textile films market in 2024. The regions covered in the textile films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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