Global Elastic Laminates Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type;

Ethylene-based Elastomers, Propylene-based Elastomers, Styrene-block Copolymers, and Others.

By Structure ;

Elastic Strand Based Laminates, Elastic Film Based Laminates, Elastic Netting Based Laminates, and Elastic Nonwovens based Laminates.

By Application Type;

Hygiene, Medical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn196206938 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Elastic Laminates Market (USD Million), 2021 - 2031

In the year 2024, the Global Elastic Laminates Market was valued at USD 7,342.01 million. The size of this market is expected to increase to USD 10,751.34 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global elastic laminates market is witnessing robust growth, driven by the increasing demand for advanced materials in various industries. Elastic laminates, known for their flexibility and durability, are becoming essential in applications ranging from automotive components to medical devices. These materials offer superior performance due to their unique properties, including resistance to wear and tear, excellent adhesion, and the ability to maintain their shape under stress. As a result, manufacturers across sectors are increasingly adopting elastic laminates to enhance product performance and extend service life.

One of the key factors fueling the growth of the elastic laminates market is the rising demand for lightweight and high-performance materials in the automotive industry. Automotive manufacturers are focusing on reducing vehicle weight to improve fuel efficiency and meet stringent environmental regulations. Elastic laminates are being used in various automotive components, including interior panels, gaskets, and seals, due to their ability to provide structural support while reducing overall weight. This trend is expected to drive significant growth in the market as automotive manufacturers seek innovative solutions to meet evolving industry standards.

In addition to automotive applications, the healthcare sector is also contributing to the expansion of the elastic laminates market. Medical devices and equipment often require materials that can withstand rigorous use while maintaining their integrity. Elastic laminates are utilized in applications such as orthopedic supports, wound dressings, and surgical garments due to their flexibility and comfort. As the demand for advanced healthcare solutions continues to rise, the adoption of elastic laminates in medical applications is anticipated to grow, further boosting market growth.

Geographically, the elastic laminates market is experiencing growth across regions, with significant contributions from North America, Europe, and Asia-Pacific. North America and Europe are leading markets due to their advanced manufacturing capabilities and high demand for innovative materials. Meanwhile, the Asia-Pacific region is emerging as a key growth area, driven by rapid industrialization, expanding automotive and healthcare sectors, and increasing investments in research and development. As global demand for elastic laminates continues to rise, the market is expected to experience sustained growth, driven by technological advancements and the expanding range of applications for these versatile materials.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Structure
    3. Market Snapshot, By Application Type
    4. Market Snapshot, By Region
  4. Global Elastic Laminates Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Automotive Sector
        2. Rising Demand for Durable Materials
        3. Technological Advancements in Production
      2. Restraints
        1. High Production Costs
        2. Fluctuating Raw Material Prices
        3. Regulatory Challenges
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Innovations in Material Science
        3. Increasing Applications in Aerospace
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Elastic Laminates Market, By Material Type, 2021 - 2031 (USD Million)
      1. Ethylene-based Elastomers
      2. Propylene-based Elastomers
      3. Styrene-block Copolymers
      4. Others
    2. Global Elastic Laminates Market, By Structure , 2021 - 2031 (USD Million)
      1. Elastic Strand Based Laminates
      2. Elastic Film Based Laminates
      3. Elastic Netting Based Laminates
      4. Elastic Nonwovens based Laminates
    3. Global Elastic Laminates Market, By Application Type, 2021 - 2031 (USD Million)
      1. Hygiene
      2. Medical
      3. Others
    4. Global Elastic Laminates Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Golden Phoenix Fiberwebs Inc
      2. Neos Italia Srl
      3. Mondi
      4. Tredegar Corporation
      5. Exxon Mobil Corporation
      6. Schweitzer-Mauduit International, Inc
      7. Pantex International
  7. Analyst Views
  8. Future Outlook of the Market