Press Release

Jan, 16 2024

Exploring Innovation: Advancements, Applications, and Future Prospects of Textile Films in Modern Fabric Technology

The global textile films market refers to the industry focused on the production and utilization of thin films designed for textiles. These films, often made from polymers such as polyurethane or polyethylene, enhance textiles' functional and aesthetic properties. Key applications include waterproofing, breathability, and barrier protection in clothing, medical textiles, and industrial fabrics. Textile films contribute to developing high-performance materials, addressing diverse consumer needs. As industries continue to innovate, the global textile films market is poised to expand, meeting various sectors' evolving demands while aligning with sustainability goals and regulatory standards.

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Data Bridge Market Research analyses that the Global Textile Films Market, which was USD 8,301.62 million in 2022, is expected to reach USD 12,900.60 million by 2030 and is expected to undergo a CAGR of 6.5% during the forecast period of 2023 to 2030. Increasing environmental awareness is driving a shift towards sustainable practices. Textile films play a crucial role by providing eco-friendly options, reducing environmental impact, and meeting the rising demand for green and recyclable materials in various industries and consumer preferences.

Key Findings of the Study

Textile Films Market

Fashion and design trends are expected to drive the market's growth rate

Fashion and design trends wield significant influence, compelling the textile industry to adopt innovative films. The consumer's desire for aesthetically appealing textiles fuels this trend, driving the integration of advanced films into fabric production. Meeting evolving preferences, these films enhance the visual appeal and cater to the dynamic demands of a fashion-conscious market, ensuring that textiles align with contemporary styles and contribute to the industry's continuous evolution.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Types, (Breathable and Non-breathable), Availability (White Textile film, Textile Gold, and Textile Silver), Material (Polyester, Polyurethane, and Others), Application (Hygiene, Medical, Sportswear, Protective Apparel, and Others)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

AMERICAN POLYFILM, INC.(U.S.), Arkema (France), Berry Global (U.S.), Covestro (Germany), Daika Kogyo Co.,Ltd. (Thailand), Fatra, as (Europe), Mitsui Hygiene Materials (Thailand) Co., Ltd. (Thailand, Polyzen (U.S.), RKW Group (Germany), Schweitzer-Mauduit International, Inc. (U.S.), Sunplac Corporation (Tokyo), Toray Industries (Japan) 

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The global textile films market is segmented based on type, availability, material, and application.

  • On the basis of type, the global textile films market is segmented into breathable and non-breathable. Breathable segment is expected to dominate the market with 59.25% market share because people are investing more in personal care products and with a growth in the need for medical device and equipment
  • On the basis of material, the global textile films market is segmented into polyester, polyurethane, and others. Polyurethane is expected to dominate the market with 44.50% because of its varied application, affordability and good properties

The polyurethane segment will dominate the material segment of the global textile films market during the forecast period 2023-2030

The polyurethane segment will emerge as the dominating segment under material with approximately 44.50% market share. This is because of the growing number of infrastructural development activities in the market, especially in the developing economies. Further, the growth and expansion of the chemicals and materials industry all around the globe will bolster the growth of this segment.

  • On the basis of availability, the global textile films market is segmented into white textile film, textile gold, and textile silver

  • On the basis of application, the global textile films market is segmented into agriculture, industrial, infrastructure, medical, sports, transportation and others. Medical is expected to dominate the market with 40.37% market share because of the rise in the demand of medical drapes and gowns

The medical segment will dominate the application segment of the global textile films market during the forecast period 2023-2030

The medical segment will emerge as the dominating segment application segment with a 40.37% market share. This is because of the growing number of distribution channels in the market, especially in the developing economies. Further, the growth and expansion of research development services on a global scale will bolster the growth of this segment.

Major Players

Data Bridge Market Research recognizes the following companies as the major global textile films market players in global textile films market are Daika Kogyo Co.,Ltd. (Thailand), Fatra, as (Europe), Mitsui Hygiene Materials (Thailand) Co., Ltd. (Thailand, Polyzen (U.S.), RKW Group (Germany)

Textile Films Market

Market Developments

  • In April 2023, Berry Global Group, Inc. commenced the expansion of its Lewisburg, Tennessee stretch film manufacturing site, aiming for completion by early 2024. The 25,000-square-foot extension includes three new cast lines, enhancing post-industrial resin reprocessing and extending the rail spur for material handling. This expansion aligns with Berry's commitment to meeting growing demand for their high-performance, sustainable stretch films
  • In March 2023, Covestro increased film production capacity in Thailand, particularly focusing on the Makrofol film range for identity documents, automotive displays, and electronic applications. The investment, anticipated to reach a higher double-digit million euro range, is slated for completion by 2025, reinforcing Covestro's commitment to enhancing film production capabilities in the region
  • In April 2022, Covestro initiated the construction of new production facilities aimed at expanding its capacity for thermoplastic polyurethane (TPU) films, specifically focusing on its Platilon range. The project is anticipated to conclude by the end of 2023. This strategic move underscores Covestro's commitment to meeting the rising demand for
  • In January 2020, TORAY INDUSTRIES, INC. unveiled the world's inaugural film capable of transmitting vertically incident light and reflecting obliquely incident light. This breakthrough technology not only marked a pioneering achievement but also significantly expanded TORAY's customer base, driving increased revenue for the company. The innovation positioned TORAY as a leader in optical films, showcasing its commitment to advancing technology and meeting evolving market demands

Regional Analysis

Geographically, the countries covered in the global textile films market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

As per Data Bridge Market Research analysis:

Asia-Pacific is estimated to be the fastest growing region in global textile films market during the forecast period 2023-2030

Asia-Pacific is expected to dominate the global textile films market. The region's large population and increasing disposable incomes have created a substantial consumer market for textiles and related products. As a result, the demand for textile films in applications such as apparel, healthcare, and industrial sectors is on the rise. With a thriving consumer base and robust economic growth, Asia-Pacific stands as a key player in shaping the trajectory of the global textile films market.

For more detailed information about the global textile films market report, click here – https://www.databridgemarketresearch.com/reports/global-textile-films-market


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