Global Breathable Films market analysis 2024, Forecast To 2033
29 Feb, 2024
The breathable films market size has experienced rapid growth in recent years, surging from$3.21 billion in 2023 to$3.56 billion in 2024, with a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to the expansion of the healthcare industry, preference for lightweight packaging, rising environmental concerns, innovation in personal care products, expansion of the food & beverage industry, and increased consumer awareness. Looking ahead, the market is anticipated to witness rapid growth, reaching$5.22 billion in 2028, with a CAGR of 10.0%. This growth is driven by shifts towards online retail channels, consumer demand for functional apparel, surge in biodegradable materials, focus on circular economy, innovations in sports and outdoor apparel, and growth in the geriatric population. Major trends in the forecast period include advancements in material technology, preference for sustainable solutions, technological innovations in film production, and growth in industrial protective clothing.
Global Breathable Films Market Key Driver
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. In 2023, the breathable films market was valued at $1.5 billion, and it is projected to reach $2.8 billion by 2028.
Get A Free Sample Of The Global Breathable Films Market ReportGlobal Breathable Films Market Segments
The global 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
By Geography: The regions covered in the breathable films market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia Pacific was the largest region in the breathable films market in 2023. The regions covered in the breathable films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Breathable Films Industry Players
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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Breathable Films Market Overview
Breathable film refers to a film with many micro-holes or pores that filter out big items while allowing smaller ones to pass through. The films are permeable to gases and water vapors but impermeable to water in a liquid state.
Breathable Films Global Market Report 2023 provides data on the global breathable films market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The breathable films market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.