Technological innovations coupled with reduced production costs are facilitating production of disposable medical products.
DUBAI, UAE / ACCESSWIRE / October 29, 2020 /The breathable films market is expected to rise at a 6.0% CAGR through 2030. Leading players in the market are working on enhancing supplies and development across Asian regions. Though disposable diapers are not degraded easily yet it covers 55% of the share due to rising needs.
"Onset of COVID has surged the demand for PPE kits and disposable medical products. Issues like water-transportation can be avoided by using micro-porous breathable films and proves to be highly operational, thereby, gaining popularity throughout," says the FMI Analyst.
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Breathable Films Market - Key Highlights
- North America will retain its position of being the most dominant market in Breathable Films Market
- Medical, food and beverage remains the most lucrative segment due to increased demand for fresh quality food.
- Material wise, polyethylene will dominate the market through 2030.
- Micro-porous films will gain significant traction while monolithic segment will show higher growth rate.
Breathable Films Market - Driving Factors
- Due to expanding health sector in India and China, demand for gloves, surgical gowns and patient gowns are increasing, thereby, pushing demand for films too.
- Expanding food and beverage sector requires proper moisture and freshness locking techniques, therefore, increasing demand for breathable films.
- Disposable medical products like sanitary napkins, diapers and adult diapers require micro-porous breathable films.
- Non-porous films are demanded in textile industry which again propels market growth.
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Breathable Films Market - Key Restraints
- Polyethylene is not biodegradable, thereby, affecting the environment adversely.
- Diapers possesses a very slow degradation rate and proves hazardous to the ecosystem.
Expected Impact on Market by Coronavirus Outbreak
COVID-19 has driven the demand for PPE kits, gloves and gowns as people are shifting towards better lifestyle and a hygienic way of living. Even though the government imposed strict lockdowns but the production of these necessary items were not at a halt. WHO predicted a 40% rise in PPE kits production due to the pandemic outbreak. USA required 28.5 million face masks but suffered an acute shortage due to slower trade processes. Europe demanded 50% supplies from China but due to higher demand, only 15% masks and gowns were available.
Major players in the market Lyondell Basell Industries N.V.,DuPont de Nemours, Inc., Kimberly-Clark Corporation, Berry Global Inc., Schweitzer-Mauduit International, Inc., Rahil Foam Pvt. Ltd., Daika Kogyo Co. Ltd., FUJIAN XINGYUAN INDUSTRY CO., LTD., Toray Industries, Inc.
Key companies are focussing on enhancing strategies. Manufacturers are also working on expanding product portfolio to achieve better market insights. They are launching unique products and creating new market technologies, mergers and acquisitions.
RKW North America Inc. has invested millions of dollars in infrastructure, workplace and technology to enhance their footprint across Southeast Asia Market.
Berry Global Inc. has incorporated sof-flex technology for down-weighting the films and creating reusable, recyclable and compostable products to facilitate consumption.
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More on the report
FMI's report provides proper segmentation and analysis of market trends and macro-economic factors on the basis of material type (polyethylene, polypropylene, polyurethane) end-use (medical, pharmaceuticals, personal care, food & beverage etc.), and region-wise segmentation (North America, Asia-Pacific, Eastern and Western Europe).
Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Breathable Films Market Demand Analysis 2015-2019 and Forecast, 2020-2030
5.1. Historical Market Volume (Tons) Analysis, 2015-2019
5.2. Current and Future Market Volume (Tons) Projections, 2020-2030
5.3. Y-o-Y Growth Trend Analysis
6. Global Breathable Films Market - Pricing Analysis
6.1. Regional Pricing Analysis By Film Type
6.2. Pricing Break-up
6.2.1. Manufacturer Level Pricing
6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark
Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-2367
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