Key Findings
In 2018, the breathable films market in North America region accounted for a revenue of $ XX million and is projected to generate a value of $XX million by 2027. Though the North America market is saturated, it is estimated to grow with a CAGR of 6.55% between 2019 and 2027. The market in the region shows huge potential owing to rising consumption of breathable films in healthcare and packaging industries.
Market Insights
The United States and Canada are the countries analyzed in the North America breathable films market. The market in Canada is primarily driven by rising geriatric population and thriving apparel industry. The growing demand for adult incontinence pads upsurge the breathable films requirements, in turn, propelling its market growth. Also, the increasing disposable income among people and rising household spending on clothing especially high-end clothing and high performance garments like sportswear is further influencing the breathable films market in the region. Type, product, and applications are the market segmentation of breathable films.
Competitive Insights
American Polyfilm Inc., Nitto Denko Corporation, Argotec LLC, Trioplast Industrier AB, Toray Industries, Berry Global, RKW Group, Fatra A.S., Covestro AG, and Arkema SA., among others are some of the leading players operating the breathable films market. The dominant players focus on various corporate strategies to maintain a strong position in the market.