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 : September, 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 a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

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

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.