Global Nonwoven Fabrics Market is valued approximately USD 40.5 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2021-2027.
Nonwoven fabric is a fabric-like material that is manufactured from long fibers (continuous long), and staple fiber (short), which is unified together with the help of mechanical, heat chemical, or solvent treatment. This term is majorly utilized in the textile manufacturing sector for referring fabrics like felt that are neither knitted nor woven. The rising application of nonwoven fabrics across various industries such as building & construction, personal care & hygiene, and filtration industry, increasing demand for nonwoven fabrics across the textile industry, coupled with the potential growth of the automotive industry is stimulating the market demand across the globe.
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Additionally, strategic developments by the market players such as product launches, mergers & acquisitions, strengthening product portfolio are also reinforcing the market demand across the globe. For instance, in April 2020, Ahlstrom-Munksjo boosts the production of the nonwoven fabric in the company’s whole protective materials portfolio owing to the onset of the COVID-19. The company planned to manufacture protective materials for all three face mask categories, involves respiratory masks, surgical masks, and civil masks. However, volatility in raw material prices impedes the growth of the market over the forecast period of 2021-2027. Also, the emergence of novel technologies, as well as the growing significance of geotextiles is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Nonwoven Fabrics market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. The Asia Pacific is the leading region across the world in terms of market share owing to the rising disposable income, growing population, and rapid industrialization. Whereas, North America is anticipated to exhibit a considerable growth rate over the forecast period 2021-2027. Factors such as the increasing production output, along with the increasing number of construction activities would create lucrative growth prospects for the Nonwoven Fabrics market across the region.
Major market player included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Others (PA, PC, polyester, natural fibers, and biopolymers)
Others (electrostatic spinning and flash-spun)
Others (geotextiles, agriculture & landscape, industrial/military, office & stationery, leisure, and shoes & leather)
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Furthermore, years considered for the study are as follows:
Target Audience of the Global Nonwoven Fabrics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
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