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Asia-Pacific Textile Films Market – Industry Trends and Forecast to 2030

Chemical and Materials

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Asia-Pacific Textile Films Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Report
  • Jun 2023
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Textile Films Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 3,361.98 Million
Diagram Market Size (Forecast Year) USD 5,545.68 Million
Diagram CAGR %

Major Markets Players

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Asia-Pacific Textile Films Market, By Types (Breathable and Non-breathable), Availability (White Textile film, Textile Gold, Textile Silver), Material (Polyester, Polyurethane, Others), Application (Hygiene, Medical, Sportswear, Protective Apparel, Others) – Industry Trends and Forecast to 2030.

Asia-Pacific Textile Films Market

Asia-Pacific Textile Films Market Analysis and Size     

Textile films are used in the most common cold films and cold lamination techniques. Textile films are classified into two types: breathable and non-breathable. Breathable textile films have greatly aided the field of hygiene. Because of its high strength and flexibility, as well as its surface characteristics and other mechanical qualities, the market for textile film has grown significantly. Because of the inclusion of polymers and other sophisticated composites, textile films are able to achieve these mechanical properties. Growing consumer awareness of textile film's use in the industry of hygiene products is one of the factors driving market expansion.

Data Bridge Market Research analyses that the Asia-Pacific Textile Films Market which was USD 3,361.98 million in 2022, would rocket up to USD 5,545.68 million by 2030, and is expected to undergo a CAGR of 6.2% during the forecast period of 2023 to 2030. “Breathable textile films” dominates the type segment of the Asia-Pacific textile films market, increasing the demand for hygienic products. 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.

Asia-Pacific Textile Films Market Scope and 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 Tons, Pricing in USD

Segments Covered

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

Countries Covered

China, Japan, Australia & New Zealand, India, Philippines, Indonesia, Singapore, South Korea, Malaysia, Thailand, and the Rest of Asia-Pacific

Market Players Covered

AMERICAN POLYFILM, INC.(U.S.),  Arkema (France), Berry North America (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)                

Market Opportunities

  • New Developments In Textile Films
  • Demand for eco-friendly alternatives

Market Definition

The term "textile films" refers to a class of cold films that have a wide range of mechanical advantages, including flexibility, waterproofing, and tremendous strength. A wide range of industries, including agriculture, industry, infrastructure, medicine, sports, transportation, and others, use textile films. The use of textile films is growing among consumers daily as a result of rising hygiene awareness.

Asia-Pacific Textile Films Market Dynamics

Drivers

  • Growing demand for technical textiles

The demand for textile films is driven by the expanding use of technical textiles in numerous industries, including construction, healthcare, and automotive. The functional qualities of textiles, such as waterproofing, UV resistance, and flame retardancy, are improved by these films.

  • Rising disposable income and changing lifestyle

Consumer spending on clothing and home furnishings rises in lockstep with disposable income. Textile films are used in a variety of products, including decorative laminates, upholstery, and clothing, due to changing lifestyles and fashion trends.

Opportunities

  • New Developments In Textile Films

Technological advancements in the processes used to manufacture textile films, such as the development of recyclable and environmentally friendly films, provide significant growth opportunities. Furthermore, advances in nanotechnology have enabled the development of films with enhanced properties such as antimicrobial and self-cleaning properties.

Restraints/Challenges

  • Volatile raw material prices

The production of textile films requires a variety of raw materials, including polyester, polyethylene, and polypropylene. The profitability of manufacturers may be impacted by changes in the price of these raw materials. Managing price volatility and ensuring a stable supply of raw materials pose a significant challenge for the industry.

  • High Competition in the Market

There are many manufacturers operating in the highly competitive North America market for textile films. Price wars and decreased profit margins may be the results of this fierce competition. Companies need to differentiate themselves through product innovation, quality, and customer service to remain competitive.

Recent Developments

  • On April 1, 2023, Berry North America Group, Inc. started expanding one of its flagship stretch film manufacturing sites in Lewisburg, Tennessee. The extension is scheduled to be finished by the beginning of 2024. Three new cast lines will be installed as part of the 25,000 square foot expansion, which will also boost the capacity of the facility's post-industrial resin (PIR) reprocessing system and extend its rail spur for resin material handling. This will assist Berry in meeting increased demand for its stretch films, which are Berry's highest-performing, most sustainable stretch films.
  • On March 2023, Covestro boosted Thailand's film production capacity. The Makrofol film range is most commonly used in identity documents, automotive displays, and electrical and electronic applications. The investment is expected to be completed in the higher double-digit million euro range by 2025.

Asia-Pacific Textile Films Market Scope

The Asia-Pacific textile films market is segmented on the basis of type, availability, material, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  1. Breathable
  2. Non-Breathable

Availability

  1. White Textile Film
  2. Textile Gold
  3. Textile Silver

Material

  1. Polyester
  2. Polyurethane
  3. Others

Application

  1. Hygiene
  2. Medical
  3. Sportswear
  4. Protective Apparel
  5. Others

Asia-Pacific Textile Films Market Regional Analysis/Insights

The Asia-Pacific textile films market is analysed and market size insights and trends are provided by type, availability, material, and application as referenced above.

The countries covered in the Asia-Pacific textile films market report are China, Japan, Australia & New Zealand, India, Philippines, Indonesia, Singapore, South Korea, Malaysia, Thailand, and the Rest of Asia-Pacific.

China is expected to dominate due to its large population and rising disposable incomes have created a substantial consumer market for textiles and related products.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Asia-Pacific Textile Films Market Share Analysis

The Asia-Pacific textile films market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the textile films market.

Some of the major players operating in the Asia-Pacific textile films market are:

  • AMERICAN POLYFILM, INC.(U.S.)
  • Arkema (France)
  • Berry North America (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)               


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Asia-Pacific textile films market value was USD 3361.98 million in 2022.
The Asia-Pacific textile films market is projected to grow at a CAGR of 6.2% during the forecast period of 2023-2030.
The countries covered in the Asia-Pacific textile films market report are China, Japan, Australia & New Zealand, India, Philippines, Indonesia, Singapore, South Korea, Malaysia, Thailand, and the Rest of Asia-Pacific.
The Asia-Pacific textile films market is segmented on the basis of type, availability, material, and application.
China is expected to dominate due to its large population and rising disposable incomes have created a substantial consumer market for textiles and related products.
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