Bizizz Market Research has recently published a research report, “Non-Breathable Films Market By Production method Type (Blown and Cast), Materials (Polyethylene, BOPET, PVDC, EVOH, Polypropylene, Inorganic Oxides. Aluminum, Polyamide and Others), Application (Hygiene Products, Sanitary napkins, Baby diapers, Adult diapers, Incontinence pads and Various medical applications), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Non-Breathable Films Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 37.3 Bn by 2027, witnessing a CAGR of 7.2 % during the forecast period. Key drivers of the market are rising demand due to its high performance of high strength and tolerance along with the increased adoption rate by the food and beverages industries.
The growth of market demand of Non-breathable films is high from the different industries including food and beverages and pharmaceuticals are playing a key role in this market globally. These offerings are resistant to the water and chemicals that shall extend the product shelf life and standards of the offerings by different advantages. Non-breathable films are evidently adopted by the packaging of food products includes pouches, bags, stick packs, sachets, etc., by its features such as light-weight and high barrier properties.
The Non-Breathable Films market is anticipated to register a CAGR of over 7.2% during the forecast period.
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By Application, Hygiene segment held a key share in Global Non-Breathable Films Market in 2018.
The market growth of the Non-breathable films market has a significant market demand during the forecast period. This could be attributed to the high demand of non-breathable films for the utilization in the manufacturing of hygiene products this includes baby diapers and other products. As these improve the shelf life of the products that are exhibiting in the market. An increase for the need of the good quality hygiene products is propelling its market growth during the forecast period.
Asia Pacific is Anticipated to Dominate the Global Non-Breathable Films Market during the Forecast Period.
The Asia pacific region is exhibited approximately 60% of the market for non-breathable films. Asia Pacific is anticipated to have a manufacturing growth by a constant increase of the living standards in the individuals. According to the health commissions they are progressively focused on increasing the health & hygiene infrastructure in this region, the purchasing power of individual is increasing that is contributing to an increased demand of hygiene products. The market growth of baby diapers is rising; because of a high birth rate in the Asia pacific region that could substantially increases the market growth for non breathable films market.
Global Non-Breathable Films market was moderately consolidated with key players accounting for significant share in 2018. Manufacturers are improving their offerings by sustainable products that is having a substantial demand in the global market.
Prominent players operating in the Global Non-Breathable Films Market are: RKW Group Uflex Ltd., Berry Global Inc., Bemis Company Inc., Bischof + Klein SE & Co. KG, POLIFILM GmbH, Polyplex Corporation Ltd., Jindal Poly Films Limited, Winpak Ltd., Polyplex Corporation Ltd., Toray Plastics, Inc., Clondalkin Group Holdings BV, Amcor Limited, Sealed Air Corporation, Glenroy, Inc., Trioplast Industrier AB., Schweitzer-Mauduit International, Inc., GCR Group., and Fatra A.S., among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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