NEW YORK, July 14, 2021 /PRNewswire/ --
As per Technavio Research Analysis, the breathable films market is likely to register a CAGR of about 8% while registering an incremental growth of USD 1.36 billion during 2021-2025.
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The breathable films market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
The recovery process involves various phases including:-
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Key Considerations for Market Forecast:
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Global Transparent Barrier Packaging Film Market - Global transparent barrier packaging film market is segmented by end-user (food, healthcare, consumer goods, and others) and geography (APAC, North America, Europe, MEA, and South America).
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Global Agricultural Films Market - Global agricultural films market is segmented by application (mulch films, greenhouse films, and silage films) and geography (APAC, North America, Europe, South America, and MEA).
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Key Market Participants Analysis
The company offers breathable films manufactured from polyethylene.
Pebax MH 1657, Pebax MV 1074, and Pebax MV 3000 are the key products offered by the company.
Berry Global Group Inc.
The company offers 3537A. It is a breathable film tape for medical OEM applications.
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Breathable Films Market 2021-2025: Segmentation
Breathable films market is segmented as below:
The breathable films market is driven by the increased spending on personal hygiene among consumers. In addition, the increasing use of breathable films in the packaging industry is expected to trigger the breathable films market toward witnessing a CAGR of about 8% during the forecast period.
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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