Global Breathable films Market is valued approximately at USD 2.6 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.2% over the forecast period 2021-2027. Breathable films, also known as micro-porous films, are semi-permeable films that allow water vapor and gases to move through but not liquids or water. They are composed of a three-dimensional matrix of long-chained molecules, usually acrylic latex, polyethylene, or polypropylene. Building & development, pharmaceuticals, medical, industrial, food packaging & distribution, and personal care & hygiene are only a few of the industries using these films. Breathable films market is driven by growing demand for hygiene & medical applications and increase in demand for sports apparel. For instance, in 2020, the demand for medical equipment and instruments in India is expected to be worth around USD 0.059 million, up from around USD 0.044 million in 2017. Furthermore, as people's health concerns rise, the number of hospitals, resulting in a major growth in the use of breathable films in the healthcare industry. for instance, North America has the world's biggest medical sector. The country's extensive insurance coverage is expected to help the market development. Health care is available to more than 90% of the population of the United States. Most citizens above the age of 65 are covered by Medicare, Medicaid, or a private individual healthcare plan, or both. However, volatile raw material prices, may impede market growth over the forecast period of 2021-2027.
Geographically, APAC is dominating the breathable films market and also expected to develop at the highest pace during the forecast period due to increase in consumption of packaging materials in food and beverages, pharmaceutical, and personal care sectors. Until 2025, China is projected to have the largest share of the APAC market. The huge demand in Chinese customers, as well as the disposable income and consumption rate, would help the hygiene industry develop stronger in the country. As a result, regional product demand is expected to be driven by growth in construction activities in Asia Pacific. In the coming years, expanding manufacturing facilities in Europe are expected to propel development further.
Major market player included in this report are:
Berry Global Group
Trioplast Industries AB
Rahil Foam Pvt Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Polyethylene-based breathable films
Polypropylene-based breathable films
Polyurethane-based breathable films
Microporous-based breathable films
Monolithic-based breathable films
Hygiene & Personal Care
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Breathable films Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers