Analyst Perspective
The global nonwovens market is expected to register a CAGR of ~5%. The nonwovens market is expected to expand in the forecasted period due to the modernization of the healthcare industry and increased birth rates in emerging economies. Additionally, rising awareness about hygiene, eco-friendly products, and supporting regulations endorsing nonwovens contribute to driving market growth. The rapid growth of e-commerce drives the demand for nonwoven fabrics used in packaging materials due to their lightweight nature, tear resistance, and cushioning properties. Advancements in nonwoven fabric manufacturing technologies are leading to the development of new products with improved properties and functionalities. Sustainability concerns, price competition, and limited awareness are significant challenges that may hamper the nonwovens market growth.
Market Overview
Nonwoven fabrics are textile-like materials created without weaving or knitting, using fiber entanglement and chemical bonding methods. They are lightweight and have various uses in industries like interlinings, insulation, protective clothing, workwear, chemical defense suits, and footwear components. Nonwovens are created by bonding fibers through mechanical, thermal chemical, or solvent treatment and find extensive use in hygiene, medical, filtration, automotive, construction, and personal care. The rising demand for disposable items like diapers, wipes, and medical gowns, coupled with a growing understanding of nonwoven environmental advantages over traditional fabrics, is fueling the nonwovens market share.
Market Drivers
- Rising demand from hygiene and healthcare industries
Growing awareness about hygiene and sanitation, particularly in developing economies, boosts the demand for nonwoven fabrics in hygiene products like diapers, wipes, and sanitary napkins. The aging population and increasing healthcare expenditure globally also fuel the demand for nonwoven fabrics in medical applications such as wound dressings, surgical gowns, and drapes.
- Increasing use in construction and filtration
Due to their durability, lightweight nature, and water resistance, nonwoven fabrics are used extensively in construction applications like roofing, insulation, and geotextiles. Their excellent filtration properties make them ideal for air and water filters in various industries, including automotive, electronics, and foods & beverages.
Market Segmentation
The global nonwoven market is segmented based on technology, material, layer, function, and application. The market is segmented based on technology into spunbond, dry laid, air laid, wet laid, and others. Based on material, the market is segmented into polypropylene (pp), polyethylene terephthalate (pet), polyethylene (pe), rayon, wood pulp, and others. Based on layer, the market is segmented into single-layer and multilayer. Based on function, the market is segmented into disposable and non-disposable. Based on application, the market is segmented into textile, construction, personal care, filtration, and others.
Regional analysis
The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global nonwovens market based on several segments. It also provides market size and forecast estimates from 2020 to 2030 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The nonwovens market by region is also sub-segmented by respective countries and segments. The nonwovens market analysis covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the nonwovens market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the nonwovens market in these regions.
Key Players
The reports cover vital organic and inorganic growth strategy developments in the nonwovens market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The market players in the nonwoven market are expected to have lucrative growth opportunities with the increasing demand for nonwoven fabrics in the textile industry in the global market.
The report includes key companies' profiles, SWOT analysis, and nonwoven market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.
Below is a list of companies engaged in the nonwovens market.
- Ahlstrom
- Berry Global Inc
- DuPont
- TORAY INDUSTRIES, INC
- Lydall, Inc
- Fitesa S.A.
- Johns Manville
- Freudenberg Performance Materials
- KCWW
- Cygnus Group