High Demand for Hygiene Products in Asia Pacific Contributing to Growth in Non-Breathable Films Market, Claims TMR
- Food and Beverages industry to generate high demand for non-breathable films over the forecast period of 2019 to 2027 to improve shelf life of products
- Asia Pacific would note an increased demand for disposable hygiene products over the assessment period
, driving global non-breathable films market forward
ALBANY, New York, Feb. 27, 2020 /PRNewswire/ -- A number of trends and drivers underline growth in global non breathable films market over the period of 2019 to 2027. By the end of the forecast period, the market would reach a valuation of ~USD 31 bn. The Compound Annual Growth Rate that the market is set to chart over the stated period is approximately 7%.
"New opportunities would arise in the hygiene products segment for market players, credit development of absorbent and non-breathable back sheets that are extensively used in diapers, sanitary napkins and other medical products. However, due to mounting concerns regarding proper disposal of plastic films, players should focus on improving aluminum films and other biodegradable variants to ensure a firm hold on market share in the future," states TMR.
Key Findings of the Non-Breathable Films Market Study
- Used in manufacturing of films that are multilayer, polypropylene and polyethylene would dominate the global non-breathable films market share over the period assessed
- In terms of thickness, the segment of 61 to 90 microns would see massive growth; in terms of market value, it will grow 1.4x by 2023 from current value owing to extensive use in lamination, pouches, and bags
- Asia Pacific to top the regional charts in terms of growth over the forecast period
Explore 239 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Non-Breathable Films market by Material: Polyethylene, BOPET, Polypropylene, Inorganic Oxides, Aluminum, Polyamide, PVDC, EVOH, Others; Thickness: Up to 30 Microns, 31 to 60 Microns, 61 to 90 Microns, above 90 Microns; Production Method: Cast, Blown; Application: Packaging (Pouches, Bags, Lids, Wrapping, Coating & Lamination), Hygiene Products (Diapers, Sanitary Napkins, Medical Products) at https://www.transparencymarketresearch.com/non-breathable-films-market.html
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.
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=73938
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.
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/73938
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,
Major global non-breathable films market players who are occupying the vendor landscape include Uflex Ltd., Jindal Poly Films Limited, Berry Global, Inc., Winpak Ltd., Bemis Company, Inc., Clondalkin Group Holdings BV, Bischof + Klein SE & Co. KG, Polyplex Corporation Ltd., POLIFILM GmbH, Toray Plastics (America), Inc., Sealed Air Corporation, Amcor Limited, Mitsubishi Polyester Film, Inc., Glenroy, Inc., RKW Group, Trioplast Industrier AB, Fatra A.S., Schweitzer-Mauduit International, Inc., and GCR Group, among others. Out of these, 6% market share is held by Amcor Limited, Sealed Air Corporation, Uflex Ltd., Toray Plastics (America), Inc., and Berry Global Inc. Besides, the market landscape is highly fragmented.
Transparency Market Research has segmented the Non-Breathable Films market report based on material, thickness, production method, application, and region
Global Non-breathable Films Market: Structure
Non-breathable Films Market by Material
- Inorganic Oxides
Non-breathable films market by Thickness
- Up to 30 Microns
- 31 to 60 Microns
- 61 to 90 Microns
- Above 90 Microns
Non-breathable Films Market by Production Method
Non-breathable Films Market by Application
- Coating & Lamination
- Hygiene Products
- Baby Diapers
- Adult Diapers
- Sanitary Napkins
- Medical Products
- Surgical Clothing
Non-breathable films market by Region
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of APAC
- Middle East & Africa
- GCC Countries
- North Africa
- South Africa
- Rest of Middle East & Africa
Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:
Mulch Films Market – The global mulch films market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, about which, TMR offers thorough insights and forecast in this report.
Food Wrap Films Market – The global market for food wrap films was valued at US$ 10,038.6 million in 2017. The market is forecast to expand at a CAGR of 2.1% during the forecast period, 2018-2026. Food wrap films are used to wrap food products to protect them from contamination, keep food fresh and enhance the shelf life of the food.
Packaging Barrier Films Market – Packaging barrier films are flexible films used mostly as suitable substitutes for food packaging. Despite being costlier than conventional packaging solutions, packaging barrier films have been witnessing increased demand, especially from the food and beverages sector, owing to their ability to prevent oxygenation and thereby stop the degradation of contents.
Transparent Barrier Films Market – Transparent barrier films are also being used for the encapsulation of electronic devices and flexible solar cells and, thus, have a significant growth potential in the coming years. The food packaging market segment is the largest end user segment in the transparent barrier film market and is anticipated to remain the most dominant segment in the market during the forecast period.
Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to
gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453