High Demand for Hygiene Products in Asia Pacific Contributing to Growth in Non-Breathable Films Market, Claims TMR - Seite 2

Non-breathable Films Market: Key Driving Factors

Multiple trends and drivers are helping market chart high growth. A major factor includes the following:

Flexible packaging solutions help global non-breathable market take a high growth trajectory over the forecast period, states Transparency Market Research. In 2018, the packaging segment held ~91% of total value and the dominance is set to continue into the forecast period.

The food and beverage industry is a major consumer of flexible packaging over the forecast period and would need non-breathable films to ensure longer shelf-life – a critical demand arising from new age consumers who are actively seeking convenience

However, the industry does not just rely on this kind of film for maintaining food integrity. In order to keep certain items fresh, breathable films are also used. These allow passages of some critical gases which keep foul odor at bay by ensuring food does not spoil easily.

Additionally, it is worth noting that demand for biodegradable films is now on the rise and in order to evolve with consumer demands, efforts towards this end would be witnessed in the market landscape.

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Key Impediments for Non-Breathable Films Market Players

Some of the challenges faced by market players are presence of a large number of substitutes and environmental concerns regarding use of plastic-based films, states Transparency Market Research. To overcome the former, players are resorting to trademarking of products and for the latter, efforts are being directed towards development of biodegradable films. This would help market players keep environmentally conscious consumers in their fold.

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Non-breathable Films Market: Region-wise Analysis

• Asia Pacific would dominate the global non-breathable films market over the forecast period
• The region holds about one-third of total global non-breathable films market share by value and is set to witness growth over the coming few years
• Presence of strong manufacturers' base in the region, increase in disposable income, and growing demand for hygiene products to propel the market forward

Analyze Non-Breathable Films market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study,