Key Findings
The Inkwood Research estimates that the Asia Pacific region is expected to flourish with a CAGR of 7.13% between 2019 and 2027. In terms of revenue, the Asia Pacific breathable films market was valued at $ XX million in 2018 and is anticipated to contribute $XX million by 2027. The Asia Pacific market is fastest-growing owing to economic development in developing countries coupled with favorable government initiatives.
Market Insights
The report analyzed countries such as India, South Korea, Japan, Australia, and China, along with the rest of the Asia Pacific regional segment. The Indian breathable films market has tremendous opportunities because of rising awareness among people about hygienic products and a better standard of living of people. Also, the growing investments of government in booming healthcare and construction sector will showcase a bright prospect for the breathable films market in the region. Moreover, the emergence of new start-ups in the emerging economies with various products and services is aiding the breathable films market growth in the region.
Competitive Insights
Argotec LLC, Trioplast Industrier AB, Kimberley Clark Corporation, Silon S.R.O, Celanese Corporation, Nitto Denko Corporation, Toray Industries, Covestro AG, Fatra A.S., and American Polyfilm Inc., are some of the companies operating in the breathable films market. Although key multinational giants are dominating the market, the untapped opportunities arising in the Asia Pacific region is attracting new entrants with different products.