The global elastic laminates market is projected to surpass US$ 6 billion in 2022, with a growth rate of 5.4% during the period from 2022 to 2028. Manufacturers of personal hygiene products currently dominate the market, holding approximately 85% of the market share. Elastic laminates are extensively used in various applications, with baby diapers being the most popular use, while the share of feminine hygiene products is rapidly expanding.
In addition to personal hygiene products, there are significant opportunities for elastic laminates in the incontinence products segment. The increasing prevalence of chronic diseases, particularly urological conditions, is driving the demand for incontinence products that utilize elastic laminates. Furthermore, the use of elastic laminates in medical products such as medical tapes is contributing to market growth.
Managing temperature and humidity in hygiene and incontinence products has been a longstanding challenge for manufacturers. To address this issue, leading elastic laminates manufacturers are conducting research and experimenting with different design materials. Non-woven webs and breathable films are being explored as potential solutions to effectively manage humidity-related issues associated with elastic laminates, especially in incontinence and hygiene products. Companies like Merries Disposable Diaper have introduced innovative baby diapers with superior breathability features, focusing on advancements in breathable materials.
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Overall, the demand for elastic laminates is driven by the growth of personal hygiene products, including baby diapers and feminine hygiene products. The expanding market for incontinence products and the incorporation of elastic laminates in medical applications also contribute to the positive outlook for the market. The ongoing focus on addressing temperature and humidity challenges through material innovations further enhances the potential for growth in the elastic laminates market.
List of Key Players Covered in Elastic Laminates Market are:
- Golden Phoenix Fiberwebs, Inc.
- Pantex International S.p.A.
- Neos Italia Srl
- Mondi Group plc
- Berry Global Group, Inc.
- Exxon Mobil Corp
- Tredegar Corporation
- Schweitzer-Mauduit International, Inc.
- Kraton Corporation
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Competitive Landscape
Elastic laminates are being used in diapers in adhesive closure systems such as frontal tapes and elastic mechanical tapes.
- Lohmann-koester GmbH & Co. KG offers elastic laminates for application in baby diapers such as for frontal tapes, elastic mechanical tapes, and elastic side panels.
- Procter & Gamble introduced new and improved Pampers Cruisers Diapers with extra absorb channels, which enable babies to stay drier, and the diaper does not sag like ordinary diapers.
- Schweitzer-Mauduit International, Inc. increased the production of polypropylene-based netting and non-woven products.
Region-Wise Insights
North America holds the largest market share due to the US being at the forefront of advanced healthcare practices. Europe shares the same story. However, the future lays with the Asia-Pacific due to the developing economies opting for elastic laminates. LATAM and MEA are also expected to follow suit on this count in the years to come.
Key Segments Covered In Elastic Laminates Industry Research
Elastic Laminates Market by Material Type:
- Ethylene-based Elastomers
- Propylene-based Elastomers
- Styrene-block Copolymers
- Others (PET-based)
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Elastic Laminates Market by Structure:
- Elastic Strand Based
- Elastic Film Based
- Elastic Netting based
- Elastic Nonwovens Based
Elastic Laminates Market by Application:
- Medical
- Hygiene
- Other Applications
Elastic Laminates Market by Region:
- North America Elastic Laminates Market
- Latin America Elastic Laminates Market
- Europe Elastic Laminates Market
- East Asia Elastic Laminates Market
- South Asia Elastic Laminates Market
- Oceania Elastic Laminates Market
