DUBLIN--(BUSINESS WIRE)--The "Textile Films Market by Type (Breathable and Non-breathable), By Material (PE, PP, PU, Others), By Application (Hygiene, Medical, Sportswear, Protective Apparel), and Region (North America, APAC, Europe, MEA, and South America) - Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The textile films market is projected to grow from USD 4.5 billion in 2018 to USD 6.2 billion by 2023, at a CAGR of 6.6%.
The increasing use of hygiene products such as baby diapers and sanitary napkins, increase in aging population, growth in the infrastructure sector, and growing urbanization are the major drivers for the textile films market. Another factor driving the textile films market is the increased awareness around maintaining proper feminine and child hygiene.
However, the volatility of raw material prices is restraining the growth of the market. Most of the raw materials used in the production of textile films are petroleum products. The prices of these raw materials have been highly volatile in recent times, touching a five-year low, which affected the market growth.
The report profiles several leading players of the textile films market that include RKW Group (Germany), Covestro (Germany), Berry Global (US), Mitsui Hygiene (Thailand), Arkema (France), SWM International (US), and Toray Industries (Japan). The report also includes detailed information about various growth strategies adopted by these key players to strengthen their position in the textile films market.
"Breathable films segment is expected to be the fastest-growing type of textile films, in terms of volume and value, during the forecast period"
Breathable films are thin films formed by a combination of polymers and mineral fillers. The major advantages of breathable films are improved user comfort, better skin breathability, and reduction in side-effects, higher bursting strength, and improved hygiene.
Breathable films are used in the production of baby diapers, sanitary napkins, and incontinence pads, supplies for the chronically ill or for other medical applications. The growth in the use of hygiene products such as sanitary napkins and diapers, among others, globally, and increased use of sportswear is responsible for the large market size for breathable films.
"PE is expected to be the largest material used in textile films, in terms of volume and value, during the forecast period"
PE is easily available and widely used in various applications, ranging from shampoo bottles to bulletproof vests. It has high ductility, good chemical resistance, and high impact strength, which enable appropriate use of this polymer in textile films. The presence of the aforementioned properties, easy availability, and low cost are the major drivers for the use of PE in textile films.
"Hygiene is estimated to be the largest application of textile films, in terms of volume and value, during the forecast period"
Hygiene applications for textile films include baby diapers, adult incontinence diapers, and sanitary napkins. The hygiene products market is matured in developed countries. However, the use of hygiene products in emerging economies such as China, India, Brazil, South Africa, and others is growing, mainly driven by rising awareness and decline in societal stigma.
"APAC is projected to be the largest textile films market, in terms of volume, during the forecast period"
APAC was the most promising market for textile films in 2017 and is expected to be the same during the forecast period. The rising population, increased demand for hygiene products, growing disposable income, rapid industrialization, and increased urbanization are driving the APAC textile films market.
Shifting demographics such as low infant mortality rate, growing awareness about maintaining hygiene, and improving lifestyle standard are responsible for the high growth of the market in the hygiene segment. In addition, rapid infrastructural development is driving the construction sector thus, propelling the textile films market in the region.
Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Textile Films Market
4.2 Textile Films Market, By Material
4.3 Textile Films Market, By Application
4.4 Textile Films Market, By Type
4.5 Textile Films Market, By Region
4.6 APAC Textile Films Market, By Application and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Awareness Regarding Feminine and Child Hygiene
5.2.1.2 Increase in Aging Population
5.2.1.3 Increasing Use of Breathable Films for Premium Hygiene Products in Developing Countries
5.2.2 Restraints
5.2.2.1 Volatility in Raw Material Prices
5.2.2.2 Limited Or Stagnant Growth in the Baby Diaper Market in Developed Countries and Declining Birth Rate
5.2.3 Opportunities
5.2.3.1 Scope for Growth in Markets With Lower Penetration Rates
5.2.4 Challenges
5.2.4.1 Production of Cost-Effective Breathable Films
5.2.4.2 Lack of Awareness About Adult Incontinence Diapers
5.3 Porter's Five Forces Analysis
6 Textile Films Market, By Type
6.1 Introduction
6.2 Breathable Films
6.2.1 Growth in the Use of Hygiene Products is Driving the Demand for Breathable Textile Films
6.3 Non-Breathable Films
6.3.1 Low Cost of Non-Breathable Films is A Major Driver for the Market
7 Textile Films Market, By Material
7.1 Introduction
7.2 Polyethylene (PE)
7.2.1 Easy Availability and Low Cost are the Governing Factors for the Pe-Based Textile Films Market
7.3 Polyurethane (PU)
7.3.1 Presence of High Mechanical Properties and the Ability to Create Better Liquid Barrier are the Advantages of PU-Based Textile Films
7.4 Polypropylene (PP)
7.4.1 Lightweight With Good Tear and Impact Strength, PP-Based Textile Films are Witnessing Growth
7.5 Others
8 Textile Films Market, By Application
8.1 Introduction
8.2 Hygiene
8.2.1 Increasing Use of Hygiene Products in Emerging Economies is Driving the Textile Films Market in the Hygiene Segment
8.3 Medical
8.3.1 Growing Awareness About Proper Protection in Medical Institutions is Increasing the Demand for Textile Films
8.4 Sportswear
8.4.1 Athleisure Trend and Increasing Awareness About Leading A Healthy Lifestyle are Driving the Market
8.5 Protective Apparel
8.5.1 Construction Activities in Emerging Economies are Propelling the Market for Textile Films in the Protective Apparel Segment
8.6 Others
9 Textile Films Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 APAC
9.5 Middle East & Africa
9.6 South America
10 Competitive Landscape
10.1 Overview
10.2 Competitive Leadership Mapping, 2018
10.2.1 Visionary Leaders
10.2.2 Innovators
10.2.3 Dynamic Differentiators
10.2.4 Emerging Companies
10.3 Competitive Benchmarking
10.3.1 Strength of Product Portfolio
10.3.2 Business Strategy Excellence
10.4 Market Ranking of Key Players
10.4.1 Berry Global
10.4.2 RKW Group
10.4.3 SWM International
10.4.4 Mitsui Hygiene Materials (Thailand)
10.4.5 Covestro
10.5 Competitive Situation & Trends
10.5.1 Investment & Expansion
10.5.2 Merger & Acquisition
10.5.3 New Product Launch
10.5.4 Agreement & Collaboration
11 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, View)
11.1 Berry Global
11.2 RKW Group
11.3 Schweitzer-Mauduit International
11.4 Mitsui Hygiene Materials (Thailand) Co., Ltd.
11.5 Covestro
11.6 Toray Industries
11.7 Arkema SA
11.8 American Polyfilm, Inc.
11.9 Dongying Gaolart Import & Export Co.
11.10 Fatra A.S.
11.11 Trioplast Industrier AB
11.12 Other Players
11.12.1 Rahil Foam Pvt. Ltd.
11.12.2 Daika Kogyo
11.12.3 Sunplac Corporation
11.12.4 Napco National
11.12.5 Plastik Group
11.12.6 Felix Plastics
11.12.7 Skymark Packaging Ltd.
11.12.8 PT. Asia Pacific Fortuna Sari
11.12.9 Tec Line Industries
11.12.10 Parasrampuria Engineering Private Limited (PEPL)
11.12.11 Xpro India Ltd.
11.12.12 Agarwal Technoplast
11.12.13 Dot Specialty Films
11.12.14 Swanson Plastics Corporation (SPC)
11.12.15 Polyzen, Inc.
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