The report “Nonwoven Fabrics Market by Polymer Type, Layer, Function, Technology (Spunbond, Wetlaid, Drylaid), Application (Hygiene, Building & Construction, Filtration, Medical, Automotive, Consumer Products), and Region – Global Forecast To 2025”, The global nonwoven fabrics market size is projected to grow from USD 40.5 billion in 2020 to USD 53.5 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. The market is projected to grow in accordance with the increase in the demand for nonwoven fabrics for hygiene products across the globe. Factors such as an increase in the innovations in nonwovens, and a boost in the demand for hygiene and medical products during the COVID-19 pandemic is expected to drive the market for nonwoven fabrics.
• 142 Market data Tables
• 50 Figures
• 211 Pages and in-depth TOC on “Nonwoven Fabrics Market – Global Forecast to 2025”
Some of the prominent key players are:
· Ahlstrom-Munksjo (Finland)
· Berry Global Inc. (US)
· Kimberly-Clark Corporation (US)
· Asahi Kasei Corporation (Japan)
· Toray Industries Inc. (Japan)
· Freudenberg Group (Germany)
· Lydall, Inc. (US)
Opportunity: Proliferation of new technologies
Technological enhancements have led the textile industry to witness high growth in most of its product segments, especially for nonwoven fabrics. New technologies are expected to bring down production costs, thereby rendering the manufacturing of nonwoven textile commercially feasible. Incorporation of nanofiber and high-performance material technologies are emerging as alternatives to traditional membranes creating new opportunities for nonwoven manufacturers.
In terms of volume, spunbond are estimated to lead the nonwoven fabrics market in 2019.
Spunbond, by technology, accounted for the largest market share in the nonwoven fabrics market. Spunbond is widely used for the processing of sustainable nonwovens, owing to its cost effectiveness and high performance, and yields higher output at comparatively lower costs. Increase in the use of spunbond nonwovens for baby diapers and geotextiles is expected to have a positive impact on the demand for spunbond nonwoven fabrics.
The APAC region is projected to account for the largest share in the nonwoven fabrics market during the forecast period.
The APAC region region is projected to lead the nonwoven fabrics market, in terms of both value and volume from 2020 to 2025. Higher domestic demand, along with the availability of low-cost labor, makes this region the most attractive market for nonwoven fabric producers. Hence, the market players are focusing on this region to gain a larger share and increase their profitability. Factors such as improving global economy, expanding working population, and rising domestic demand for hygiene products are expected to boost the market for nonwoven fabrics.
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