The global elastic laminates market is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 5.4% between 2022 and 2028. By the year 2028, this market is expected to reach a substantial valuation of US$ 8.4 billion.

Elastic laminates play a pivotal role in various industries, including diaper manufacturing, adult incontinence products, and feminine care products. These laminates are prized for their excellent stretch properties, enabling manufacturers to incorporate comfort and stretchability into their hygiene products. As a result, they are instrumental in enhancing the performance and user experience of such products.

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Despite the bright prospects, the elastic laminates market faces challenges related to environmental factors such as humidity and temperature variations within hygiene products. These factors can potentially hinder the market’s growth.

Innovation and advancements are driving the market forward, with the introduction of breathable films, non-woven webs, and sustainable materials in elastic laminates. Notable developments in the industry, such as Nitto Denko Corporation’s acquisition of Mondi Group’s personal care components business, highlight the ongoing evolution within the elastic laminates sector.

Geographically, North America currently holds the largest market share, driven by the United States’ leadership in advanced healthcare practices. Europe shares a similar growth story. However, the future growth trajectory is expected to be in the Asia-Pacific region, as developing economies increasingly adopt elastic laminates in various applications. Latin America (LATAM) and the Middle East and Africa (MEA) are also expected to follow suit in the years to come, underscoring the global reach and potential of the elastic laminates market.

The list of Key Players Covered in the 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
• Aplix S.A.

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Key Segments Covered:

By Material Type:

• Ethylene-based Elastomers
• Propylene-based Elastomers
• Styrene-block Copolymers
• Others (PET-based)

By Structure:

• Elastic Strand Based
• Elastic Film Based
• Elastic Netting based
• Elastic Nonwovens Based

By Application:

• Medical
• Hygiene
• Other Applications

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa (MEA)