Global Breathable Films Market Overview:
Breathable Films are called micro-porous films that are semi-preamble films preventing the liquid or water from passing through but allow the gasses and water vapor. Breathable Films has high growth prospects due to increasing birth rates and aging population. Increasing demand for breathable films across end-use industries such as building & construction, pharmaceutical and food & beverages is steering market growth. This has resulted in a significant demand for the product owing to increased production of barrier gowns, medical sheets, patient gowns, operating cloth, wound dressing, examination gowns and others. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on fastest-growing verticals for the sports apparel. According to AMA, the Global Breathable Films market is expected to see growth rate of 8.1% and may see market size of USD3.9 Billion by 2024.
- Increasing Awareness Regarding Health and Hygiene.
- Growing Consumption of Packaging Materials in the Food and Beverages Industry.
- Rising Disposable Incomes and Healthcare Expenditure.
- Growing Number of Working Women and Westernization of Lifestyle.
- Sluggish Growth of Baby Diapers at Emerging Countries
- Availability of Substitutes Products
- Upsurge Demand for Premium Diapers
- Growing Per Capita GDP Boost the Breathable Film Market
- Cultural Barriers is Anticipated to Challenge the Market.
- Higher Cost than Conventional Films
In the Breathable Films market, it has been observed that most of the companies are upgrading or introducing amide based breathable films and polyethylene films that consist of high melt strength and the ability for a better barrier against viruses and microbes. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are Argotec LLC. (United States), Celanese Corporation (United States), Mitsui Chemicals (Japan), Arkema (France), Trioplast (Sweden), RKW Group (Germany), Toray Industries Inc. (Japan) and Clopay Plastics (United States). Additionally, following companies can also be profiled that are part of our coverage like Fatra (Czech Republic), Kimberley-Clark (United States), Covestro (Germany) and Nitto Denko Corporation (Japan). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Breathable Films market by 2024. Considering Market by Raw Materials, the sub-segment i.e. Polyester will boost the Breathable Films market.
In Feb 2018 Berry Global Group, Inc. completely acquired Clopay Plastic Products Company, Inc. This acquisition will be beneficial in providing innovating elastic films and laminates products for healthcare, industrial, and construction protective apparel. It also strengthen the market presence and supply channels in different region.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Breathable Films market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Breathable Films market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Breathable Films Manufacturers, Breathable Films Traders, End-Use Market Participants of Different Segments of Breathable Films, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.