Textile Films Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DM2100 | Last Updated On: Nov 07 2022 | Available Formats

> Global Textile Films Market Expected to reach at a high CAGR by 2029 : DataM Intelligence

Global Textile Films Market is segmented By Type (Breathable Films, Non-Breathable Films), By Application (Protective Apparel, Medical, Sportswear, Hygiene, Others (Packaging)), By Material (Polypropylene (PP), Polyethylene (PE), Polyurethane (PU), Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global "Textile Films Market"  is expected to grow at a high CAGR during the forecasting period (2022-2029).

Textile Films Market Scope

Metrics

Details

Market CAGR

High

Segments Covered

By Type,  By Application,By Material and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Textile films have an original texture and can be used for cold lamination. The usage of textile films in the enrichment process gives a highly original texture to the final product. This is why textile-film-laminated surfaces can be used to produce luxury packaging, covers, company folders, greeting cards, invitations, and labels. Textile films, depending on their type, can be coated with offset conventional inks, as well as with UV inks. The rise in breathable films for premium hygiene products worldwide is the major driving factor for the market's growth.   The textile film market is classified into protective apparel, medical, sportswear, hygiene, and others based on the application.

Market Dynamics

The rise in breathable films for premium hygiene products worldwide is the major driving factor for the market's growth.  New textiles, fibers, and film materials, including polymers and advanced composites with new mechanical properties, such as strength and flexibility, with surface features like hydrophobia or oleophobic, help make it the material of choice demands from various industries such as packaging, medical or technical clothing. Baby diapers and other female products are the major breathable films used in hygiene products which act as a key factor for the textile film market growth. The interest and demand for these disposable hygienic products in economies like India, China, Brazil, Australia, etc., are increasing. The government in these nations has taken necessary actions to encourage hygienic products in rural and backward areas. For instance, the top-end hospitals have already initiated to deliver infant diapers from 2014 in India. As per BCH, the hygienic and healthy penetration rate has improved and rose by 24% from 2014 in India.

However, instability in raw material prices is the key restraint hindering market growth worldwide.

Market Segmentation

Based on the application, the textile film market is classified into protective apparel, medical, sportswear. The textile film market size by medical was worth USD YY million in 2018 and is estimated to reach the US based on the applications YY million by 2026, at a CAGR of YY% during the forecast period. Textile films used in laminate composite solutions are used for applications ranging from blood filtration to advanced surgical wound care. Companies are focusing on launching new products related to the medical segment. For instance, SWM has launched TPU and PU medical textiles films. These are particularly used for liquid and viral barriers, wound dressings, transdermal components, and waterproof-breathable medical textiles. Furthermore, economies are also increasing their spending on health. For instance, in December 2018, the Indian prime minister announced that India is set to increase its public health spending to 2.5 % of its gross domestic product (GDP) by 2025.

By type, the textile film market is segmented into breathable films and non-breathable films. The global textile film market size by breathable films was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

Based on material, the textile film market is broadly polypropylene (PP), polyethylene (PE) and polyurethane (PU). The global textile film market size by polypropylene (PP) was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

Geographical Analysis

The Asia Pacific textile film market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. The Asia Pacific is dominating the global textile film market in 2018 and estimated to hold the largest market size over the forecast period 2020-2027 owing to the increasing healthcare expenditure and rising awareness around maintaining proper feminine and chiduegienor instance, according to the world bank study, without reform, health spending would increase in real terms from 3.5 trillion yuan in 2014 to 15.8 trillion yuan in 2035—an average increase of 8.4 % per year. Health spending would account for over 9 % of GDP in 2035, up from 5.6 % of GDP in 2014. More than 60 % of the projected growth in health spending would come from increased inpatient services in hospitals.

Competitive Landscape

The textile film market is highly fragmented with local and international players. Some of the major players include American Polyfilm, Inc., Felix Plastics, Covestro, Sunplac Corporation, Plastik Group, Daika Kogyo, Swanson Plastics Corporation (SPC), Tec Line Industries, Rahil Foam Pvt. Ltd. And PT. Asia Pacific Fortuna Sari.

In August 2019, Voith launched a new premium polyurethane roll cover for film presses. It a new high-performance roll cover made from polyurethane (PU).

In May 2018, Covestro launched its new TPU Fiber, made with Desmopan® TPU and a polyamide. It can be used in footwear, functional textiles, sports accessories, and casual wear.

Why Purchase the Report?

  • Visualize the composition of the Textile Films in terms of various types, materials, and applications, highlighting the key commercial assets and players.
  • Identify commercial opportunities in the Textile Films market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Textile Films market-level 4/5 segmentation.
  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

 

The Textile Films report would provide approximately 61 data tables, 58 figures, and 170 pages.

 

Target Audience

  • Service Providers/ Buyers
  • Industry Inveapproximatelystment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Frequently Asked Questions

What is the Projected CAGR value of the Textile Films Market?

Textile Films Market is expected to grow at a CAGR of high during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Textile Films Market during 2022-2029.

Which is the fastest growing region in the Textile Films Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

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