Overview and Scope
The textile film refers to a material film, including polymers and advanced composites, with mechanical properties such as strength and flexibility. These films are designed to provide comfort properties such as water resistance, breathability, and lightweight. Textile films are used to enhance the comfort of the textiles to meet the demands of various industries such as packaging, medical or technical clothing.
Sizing and Forecast
The textile films market size has grown strongly in recent years. It will grow from $5.78 billion in 2023 to $6.22 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to rising demand for protective clothing, growth in healthcare sector, environmental regulations, increased textile sector..
The textile films market size is expected to see strong growth in the next few years. It will grow to $8.39 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing demand for sustainable materials, rising demand in healthcare, expansion in automotive applications, health and hygiene products, functional textiles for various industries.. Major trends in the forecast period include advanced manufacturing techniques, healthcare and medical textiles, packaging material advancements, consumer electronics and tech integration, energy-efficient construction materials, weather-resistant materials, advancements in sports and outdoor gear.
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Segmentation & Regional Insights
The textile films market covered in this report is segmented –
1) By Type: Non-Breathable Films, Breathale Films
2) By Material: Polyethylene (PE), Polyprorpylene (PP), Polyurethane (PU), Others Materials
3) By Applicatiion: Hygiene , Medical, Sportswear, Protective Apparel, Others Applications
Asia-Pacific was the largest region in the textile films market in 2023. The regions covered in the textile films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rapidly growing urban population is expected to drive the demand for the textile film market going forward. Urbanization refers to the shifting of population to urban areas. The positive effects include economic development, accessibility to education and jobs and a higher quality of life, and more income. All these factors combined make it lucrative for people to spend on high-quality textiles which has led to the development of new textile films and techniques. According to the World Bank, an international financial institution, the urban population in South Asia is expected to grow by 250 million by 2030. According to a report by PricewaterhouseCoopers (PwC), a UK-based professional services company, By 2030, urbanization is anticipated to account for 60% of global population. Therefore, the rapidly growing urban population will promote the textile film market.
Key Industry Players
Major companies operating in the textile films market report are RKW Group, Covestro AG, Berry Global Group Inc., Mitsui Hygiene Materials Co Ltd, Schweitzer-Mauduit International Inc., Toray Industries Inc., Jindal Poly Films Ltd., Chirpal Poly Film Ltd., Arkema S.A, American Polyfilm Inc., Dongying Gaolart Import & Export Co, Fatra A.S., Trioplast Industrier AB, Cosmo First Limited, Nahar Poly Films Limited, 3M Company, AEP Industries Inc., Amcor Limited, Avery Dennison Corporation, Bemis Company Inc., Bonset America Corporation, CCL Industries Inc., DuPont de Nemours Inc., DSM Engineering Plastics Inc., Eastman Chemical Company, ExxonMobil Chemical Company, Flex Films Inc., Formosa Plastics Corporation, Futamura Chemical Co. Ltd., Garware Polyester Ltd., GBC Industrial Tools S.p.A.
The textile films market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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