Breathable Films Market Insights for the Next Decade (2023-2033) |...

Breathable Films Market Insights for the Next Decade (2023-2033)

Posté 2023-09-27 11:24:18

1KB

Breathable films, also known as microporous films, are permeable to air, but not to liquids. They are used in various applications such as hygiene products, medical devices, food packaging, construction, and textiles. The Breathable Films Market has been growing steadily in recent years, driven by innovation and sustainability trends.

Breathable Films Market: Overview:

Worldwide sales of breathable films stood at around US$ 2.9 billion in 2023. As per detailed industry analysis, the global breathable films market is projected to increase at a CAGR of 3.8% and reach a valuation of US$ 4.2 billion by the year 2033. The increasing demand for hygiene products such as diapers, sanitary napkins, and adult incontinence products is driving the growth of the Breathable Films Market. Moreover, the growing use of breathable films in the food packaging industry, where they help in preserving the quality of the food, is also contributing to the market growth.

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report! https://www.futuremarketinsights.com/reports/sample/rep-gb-2367

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.

Drivers of the Breathable Films Market
Moving forward, it is anticipated that rising development and construction activity would fuel the expansion of breathable films. Building structures and infrastructure is a part of building activity. To reduce the permeability of water vapour through a house’s walls, breathable films are being used as house wraps.

“Lifting of China’s one child policy ban and rapidly growing aging population is likely to accelerate the demand in global breathable films market. Moreover, rapid growth in medical developments resulting increase in old age populations which is likely to impact the breathable films market positively in the near future” says an FMI analyst.

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-