Textile Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Textile Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : January, 2020 | Chemical & Materials | PPT format

Report Digest

Global Textile Films Market: Overview

Textile films have natural and its original texture, which makes it useful for cold lamination. The textile films are considered as most appealing textile films as it is a polypropylene film with white unwoven polyester fabric. It is a semi-transparent film and whiteness degree based on the color of the laminated surface.

The textile films market report serves the investors, key players, and new entrants for seeing the existing trends and assesses future opportunities for pervasive growth. It also includes recent data for tracing growth prospects and some key threats. The report offers information on market competitiveness in an important segment of the textile films market report. It investigates the revenue share, growth rate, status, market drivers, future trends, opportunities, and challenges exist in the textile films market.

Global Textile Films Market: Novel Development

Here are some of the notable developments in recent years that are benefitting the growth of the market:     

  • In November 2018, Covestro AG a Germany-based company and global leader have raised stakes in partnership with DIC Corporation, a Japan-based company from 50 to 80%, in an acquisition of the business. This acquisition has a crucial role in business expansion and gaining a leading position in the textile films market.
  • In February 2018, another key player Berry Global has acquired Clopay Plastic Products Company, Inc., a subsidiary of Griffon Corporation. Through this acquisition, Clopay has opened numerous application areas for Berry Global across hygiene and healthcare sectors.

Some of the most prominent competitors operating in the competitive landscape of global textile films market include –

  • RKW Group
  • Berry Global
  • Covestro
  • Mitsui Hygiene
  • SWM International
  • Arkema
  • Toray Industries

These companies are increasingly adopting the various organic and inorganic growth strategies to strengthening position in the global textile films market. Growing investment and enhancing production are the major key growth strategies are helping them to expand their regional presence. Additionally, these all factors are leading to cater demand for textile films from the emerging economies.

Global Textile Films Market: Key Trends

Growing demand for high-quality hygiene products for maintaining feminine and child hygiene is driving the growth of the global textile films market. Additionally, raising awareness about maintaining hygiene is boosting growth of the global textile films market. Growing trend of athleisure coupled with rapid urbanization is likely to propel market growth in the next few years.

Further, major drivers for the textile films market include properties such as liquid barrier, breathability, and comfort touch. Robust research & development activities for developing new and innovative products are expected to be a major driver for the growth of the global textile films market.

Moreover, growing demand for textile films from medical applications is expected to be the fastest-growing application of textile films over the forecast period. This growing demand for textile films from the medical application is attributed to the growing awareness toward maintaining proper protection to avoid some of the infectious diseases mainly in the hospital environment. The risk of infection is higher mainly in the surgeries or after the procedures. Additionally, growing demand for surgical instruments owing to the booming number of surgeries due to accidents or mishaps is likely to propel textile films market over the forecast period.

Global Textile Films Market: Regional Outlook

Regionally, the textile films market could be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Of these, Asia Pacific is expected to be dominant in terms of revenue, demand, and consumption by the end of the forecast period. This growth of the region is attributable to the presence of small and mid-sized key players in the textile films market in the region. Additionally, the construction and sports are growing in the region, owing to the surge in demand for protective apparel and sportswear

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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