Elastic Laminates Market Size, Share, Trends, Growth and Forecast 2032

Global Elastic Laminates Market Insights

According to Zion Market Research, the global Elastic Laminates Market was worth USD 4.09 Billion in 2023. The market is forecast to reach USD 6.86 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.92% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Elastic Laminates industry over the next decade.

Request Free Sample

Elastic Laminates Market: Introduction

Humungous demand for elastic laminates can be attributed to its massive usage in diaper production, adult incontinence items, and sanitary napkins. These products are used for enabling the stretchability in hygiene items. Elastic laminates assist the manufacturers of female care items in enhancing product comfort. Furthermore, it has myriad structures including strand-based, nonwovens-based, netting-based, and film-based.

Market Growth Dynamics

Adoption of innovative technologies in healthcare, pharma, and medical sectors are predicted to result into declining costs of diapers, reshaping of diaper designs, and surge in the utility of elastic laminates. This, in turn, will steer the market size in the forthcoming years. In addition to this, large-scale funding of research activities for producing elastic laminates will help in improving the composition of the latter and will steer the market expansion over the forecast timespan.

Moreover, launching of bio-degradable & recyclable substances for purpose of elastic lamination will amplify the market scope over the forecast timespan. Rise in the child mortality rates as well as birth rate will prop up the market progression in the coming years.

Global Elastic Laminates Market: Segmentation

The study provides a decisive view of the elastic laminates market by segmenting the market based on by type, by applications and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By type segment analysis includes propylene-based elastomers, ethylene-based elastomers, styrene-block copolymers.

By applications segment analysis includes hygiene, medical, other.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Elastic Laminates Market: Report Scope

Asia Pacific To Set Up Dominant Positon in Global Market By 2032

The growth of elastic laminates industry in Asia Pacific over 2024-2032 is owing to  surge in the purchasing capacity of the people in the Asian sub-continent and rise in the awareness levels pertaining to personal hygiene. In addition to this, strong promotional activities, favorable schemes introduced by governments, and increase in the women education has resulted in humongous demand for female care items & diapers. This will prompt the regional market growth over the forecast timespan.

Global Elastic Laminates Market: Competitive Players

Key players profiled in the report include-

• Schweitzer-Mauduit International Inc.,
• Berry Global Group Inc.
• Pantex International S.p.A.
• Aplix S.A.
• Golden Phoenix Fiberwebs Inc.
• Tredegar Corporation
• Mondi Group plc
• Neos Italia Srl
• Exxon Mobil Corp
• Kraton Corporation

Global Elastic Laminates Market: Segmentation

The global elastic laminates market is segmented as follows:

By type:

• Propylene-based elastomers
• Ethylene-based elastomers
• Styrene-block copolymers

By applications:

• Hygiene
• Medical
• Other

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa