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Non Wovens Market To Grow at a CAGR of 8.3% By 2024

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Nonwoven fabrics are technical textiles that are manufactured using sheets or web structures bonded by means of various thermal, chemical or mechanical processes. Such fabrics can be manufactured or modified to exhibit superior properties as per re
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 fuel-efficient 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 consumerspecific products and basis weight reduction are some of the key trends observed in the global
nonwoven fabric market.
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.
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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.
Kimberly-Clarke, Freudenberg SE and Ahlstrom are some of the top producers of nonwoven fabric
materials.
PMR Long-term Outlook: The global nonwoven fabric market is expected to reach US$ 66.8 Bn by
2024 end, expanding at a CAGR of 8.3% during the forecast period (2016–2024). Asia Pacific, is
estimated to account for share of 39.6% by 2016 end, and is projected to be the largest market in the
global nonwoven fabric market.
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