Non Wovens Market

Global Non Wovens Market to Rake in Nearly US$ 66.8 Bn by 2024 End
Global consumption of nonwoven fabric spun is estimated to witness Y-o-Y rate of 8.3% in
2016 end. The polypropylene segment is estimated to account for maximum revenue share
of ~71% by 2016 end and is expected to maintain its dominance over the forecast period.
Nonwoven fabric materials find major application in consumer products such as disposable
diapers, feminine care products and adult incontinence, and market growth is consequently
driven by increasing demand for such hygiene products over the forecast period. Increasing
infant and child population in Asia Pacific is estimated to drive significant demand for
disposable diapers in the near future. Increasing consumption of disposable diapers and
feminine care products in emerging countries with low penetration is anticipated to provide
impetus for market growth over the forecast period. Moreover, increasing demand for fuelefficient and lightweight transportation automobiles is also anticipated to drive market
growth in the near future. Increasing application of nonwoven materials in automobile
interiors combined with increasing automotive production output is anticipated to drive
market growth to a certain extent.
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However, high prices of finished products is attributed to high cost of raw materials. Such
high prices of finished products are expected to impede market growth over the forecast
period. Increasing stringent regulations on the textile industry is estimated as another factor
restraining market growth. Moreover, shifting nonwoven production to ASEAN countries,
offering consumer-specific products and basis weight reduction are some of the key trends
observed in the global nonwoven fabric market.
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Increasing demand for nonwoven fabric materials in hygiene applications, owing to
favourable demographic trends is anticipated to drive market growth over the forecast
period. Market growth is estimated to be spurred by increasing penetration of hygiene
products in emerging countries. Increasing application of nonwoven fabric materials in
automobiles, owing to rising need for lightweight and fuel-efficient transportation vehicles
is also expected to be a prominent driving factor for market growth over the forecast period.
The Asia Pacific nonwoven fabric market is anticipated to witness higher growth rates due
to increasing penetration of disposable diapers in emerging ASEAN countries namely
Indonesia, Malaysia and the Philippines. Growth rates in markets in the Middle East &
Africa and Latin America are expected to be above average due low product penetration in
these region. The market in Europe is anticipated to witness moderate demand over the
forecast period owing to increasing construction activities in Russia. North America
nonwoven fabric market is anticipated to witness relatively low demand due to increasing
ageing population in the region.
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Global consumption of nonwoven fabric spun is estimated to witness Y-o-Y rate of 8.3% in 2016 end.