USD 31.1 Billion
Report ID:
SQMIG25M2041 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
70
|Figures:
75
Global Nonwoven Fabrics Market size was valued at USD 31.1 Billion in 2021 and is poised to grow from USD 33.28 Billion in 2022 to USD 57.18 Billion by 2030, at a CAGR of 7.0% during the forecast period (2023-2030).
The global nonwoven fabrics market is experiencing significant growth driven by a wide range of applications and increasing demand across industries. Nonwoven fabrics offer advantages such as lightweight, cost-effectiveness, and versatility, making them attractive for use in sectors such as hygiene products, medical and healthcare, automotive, construction, and industrial applications. The market is witnessing steady growth due to factors such as population growth, urbanization, rising disposable incomes, and changing consumer preferences. However, the nonwoven fabrics market also faces several challenges. One of the key challenges is the volatility of raw material prices, especially petrochemical-based materials such as polypropylene and polyester.
Fluctuations in crude oil prices directly impact the cost of these raw materials, which can affect profit margins and pricing strategies for manufacturers. Another challenge is the regulatory landscape. Nonwoven fabrics used in applications such as medical and hygiene products are subject to stringent regulations to ensure safety, quality, and compliance with standards. Meeting regulatory requirements and obtaining necessary certifications can be time-consuming and costly for manufacturers, impacting their ability to enter or expand in certain markets. Additionally, limited market awareness and competition from alternative materials pose challenges to the nonwoven fabrics market. Despite the growing demand, there is still a need to create awareness about the benefits and applications of nonwoven fabrics, particularly in developing economies. Moreover, alternative materials such as woven fabrics, knitted fabrics, and films pose competition by offering similar functionalities or lower costs, which can impact market share and growth opportunities for nonwoven fabric manufacturers. Despite these challenges, the global nonwoven fabrics market continues to grow, driven by technological advancements, increasing demand for sustainable and eco-friendly materials, and expanding applications in various industries. Continuous innovation, product development, and market penetration efforts by manufacturers are expected to drive the growth of the nonwoven fabrics market in the coming years.
Global Market Size
USD 31.1 Billion
Largest Segment
Spun bound
Fastest Growth
Spun bound
Growth Rate
7.0% CAGR
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The global nonwoven fabrics market is segmented on the basis of product, application, and region. By product, the market is segmented into spun bound, staples, melt blown, and composite. By application, the market is segmented into hygiene, industrial, medical, geotextiles, furnishings, carpet, agriculture, automotive, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis By Product
Spunbonded technology emerged as the dominant player in the market. This technology has gained popularity due to its simplicity and cost-effectiveness in manufacturing polypropylene nonwoven fabrics. The exceptional properties offered by spunbonded nonwoven fabrics, combined with the high efficiency of the manufacturing process, are anticipated to fuel the demand for these products across various applications such as geotextiles, hygiene products, medical supplies, packaging materials, and shoe manufacturing. Spunbonded technology is widely employed in the production of nonwoven fabrics. These nonwoven fabrics exhibit a wide range of characteristics, including lightweight and flexible structures, as well as heavy and rigid structures, making them suitable for diverse end-use industries. Spunbonded nonwoven fabrics possess random fibrous structures, high opacity, high tear strength, low drape ability, excellent resistance to fraying and creasing, and a high capacity to retain liquids. Moreover, they offer outstanding tensile strength and filtration properties, making them resistant to chemical attacks and effective as moisture barriers. In medical applications, staple polypropylene nonwoven fabrics are gaining prominence due to their finer filtration capabilities and low-pressure drop properties compared to other polypropylene nonwoven fabrics.
The growing utilization of staple polypropylene nonwoven fabrics in medical products such as gloves, medical packaging, surgical gowns, masks, drapes, and covers is expected to drive market growth. Among these products, surgical drapes, gowns, and masks are projected to be the primary drivers of demand for staple polypropylene nonwoven fabrics. Consequently, the demand for staple polypropylene nonwoven fabrics is anticipated to witness further global growth.
Analysis By Application
The hygiene segment emerged as the dominant sector in 2022. Nonwoven fabrics offer superior characteristics such as smoothness, softness, comfort, stretchability, fluid resistance, and absorption compared to traditional textiles. Consequently, there is a significant demand for nonwoven fabrics in the production of hygiene products. These fabrics effectively retain moisture within the material and absorb liquids, thereby keeping the skin dry. Additionally, nonwoven hygiene products are odorless and provide a smooth texture, making them highly desirable over conventional fabrics. These factors are expected to drive the demand for polypropylene nonwoven fabrics in the hygiene application segment throughout the projected period. The increasing elderly population, which leads to a higher incidence of chronic illnesses like diabetes, is also anticipated to fuel the demand for adult incontinence products in the coming years, thereby positively influencing the market for polypropylene nonwoven fabrics.
The industrial application segment demonstrated the fastest growth, with a compounded annual growth rate (CAGR) of 9.2% expected over the forecast period. Polypropylene nonwoven fabrics find wide utilization in various industrial applications, including coated fabrics, display felts, tapes, conveyor belts, cable insulation, air conditioner filters, semiconductor polishing pads, and noise absorber felts. This growing utilization of polypropylene nonwoven fabrics in industrial settings contributes to the increased demand within this segment.
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The Asia Pacific region emerged as the dominant force in the polypropylene nonwoven fabric market and is expected to maintain its position with a projected compound annual growth rate (CAGR) of 6.5% in terms of revenue during the forecast period. This growth can be attributed to the increasing demand for durable polypropylene nonwoven fabrics in industries such as construction, agriculture, and automobiles throughout the forecast period. Furthermore, the utilization of polypropylene nonwoven fabrics is substantial in consumer products like disposable diapers, adult incontinence products, and feminine care products, which contributes to the overall product demand in the region.
In North America, the demand for polypropylene nonwoven fabrics is expected to experience moderate growth over the projected period. This can be attributed to the consistent demand from industries such as hygiene, medical, and automotive. However, the growth rate in the region is anticipated to be slower compared to other regions due to the maturity of the market.
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Drivers
Growing Demand in Hygiene Products
Technological Advancements
Restraints
Regulatory Challenges
Competition from Alternatives
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The global nonwoven fabrics market is highly competitive in nature with the presence of multiple players. The market is driven by technological advancements, increasing demand in various industries, and growing environmental concerns. However, the market also faces challenges such as price volatility of raw materials, limited market awareness, regulatory compliance, and competition from alternative materials. The industry is witnessing continuous innovations in manufacturing processes and product development to meet the evolving needs of end-users. Overall, the global nonwoven fabrics market is dynamic and highly influenced by factors such as market demand, technological advancements, and regulatory landscape.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global nonwoven fabrics market analysis, the increasing demand for sustainable and eco-friendly nonwoven fabrics, technological advancements in production processes, and the growing use of nonwoven fabrics in medical, hygiene, and industrial applications are the key growth drivers. Asia Pacific emerges as the dominant region in the market, fuelled by the increasing demand for nonwoven fabrics in industries such as hygiene, construction, and automotive. The region's growing population, rising disposable incomes, and rapid urbanization contribute to the market's dominance. Furthermore, North America is experiencing robust growth in the nonwoven fabrics market, emerging as the fastest-growing region. The demand in North America is primarily driven by the hygiene, medical, and automotive industries. The region's focus on advanced healthcare infrastructure, stringent hygiene standards, and technological advancements in automotive applications fuel the market growth. With a strong emphasis on sustainability, innovation, and expanding applications, the global nonwoven fabrics market is poised for continued growth in the future.
Report Metric | Details |
---|---|
Market size value in 2021 | USD 31.1 Billion |
Market size value in 2030 | USD 57.18 Billion |
Growth Rate | 7.0% |
Base year | 2023 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Nonwoven Fabrics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Nonwoven Fabrics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Nonwoven Fabrics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Nonwoven Fabrics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG25M2041
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