Global breathable films market is expected to grow at a compound annual growth rate of 5.76% to reach a total market value of US$4,101.393 million by 2024 from US$2,930.911 million in 2018. Breathable films are used in sanitary pads, diapers and for packaging of products. It helps to prevent the product from water and moisture. Increasing health consciousness coupled with rising demand for sanitary pads and diapers is expected to drive the breathable films market. Further increasing demand for hygienic packaging in food industry is anticipated to create growth opportunities for the manufacturers of these packaging solutions. Asia Pacific region is expected to hold a prominent share of the global market et owing to the presence of major players. North America is also anticipated to hold a significant share for the breathable films market during the forecast period.
Increasing health consciousness.
Growing demand for hygienic packaging.
Availability of alternatives.
In February 2018, Berry Global Group Inc. acquired Clopay Plastic Products Company, Inc, a global supplier of printed breathable films as well as an innovator in the development of elastic films and laminates.
The major players profiled in the breathable films market include Berry Global Inc, Mitsui Hygiene Materials Co. Ltd., NittDenkCorporation, Skymark, RKW Group, GCR Group, NapcNational, Fatra, a.s., Toray Industries Inc., Trioplast Industries AB, SWM International, and PT. Asia Pacific Fortuna Sari.
The breathable films market has been analyzed through the following segments:
Middle East and Africa