Rising awareness towards environment friendly fabrics, increasing focus on healthy and hygienic products and development of new technologies to drive global non-woven fabrics market through 2024
According to TechSci Research report, “Global Non-Woven Fabrics Market, By Fiber, By Technology, By End-Use, By Region, Competition Forecast & Opportunities, 2024’’, the global non-woven fabrics market is projected to grow at a CAGR of 5.4% during the forecast period. The market is mainly driven by increasing awareness about the benefits of non-woven fabric and rising disposable income of middle class population which has shifted the consumer preference to high value consumer goods, thereby pushing the demand for non-woven fabrics such as female hygiene products, baby diapers, wipes, etc. Growing per capita income, rising urban population and expanding middle-income group has led to a shift in consumer preferences towards convenience and luxurious products. This has propelled the demand from automotive industry which extensively uses non-woven fabrics, especially from the durable category, for cabin air filters, floor mats, trunk liners, etc.
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Non-woven fabrics are flat, porous sheets or web structures which are neither knitted nor woven. These fabrics are bonded together by mechanical, thermal or chemical entanglement of fiber or filaments. Conversion of fiber to yarn is not required for non-woven fabrics. Non-woven fabrics are used in a variety of industries like automotive, disposable products (sanitary napkins, baby diapers, etc.), geotextiles, medical/surgical products, filtration products, etc. Among these, disposable products held the largest share in 2018 and is expected to continue its dominance through 2024 as well. Moreover, rapidly ageing population along with rising risks of urinary incontinence are fuelling the growth of adult incontinence products, thereby further fuelling growth of this segment.
Based on fiber, the market has been segmented into polypropylene, polyester, cotton, rayon and others. Among these, the polypropylene segment held the largest market share in 2018 and is anticipated to dominate the market during the forecast period as well due to its features such as absorbability, durability, biodegradability and recyclability which enhances the quality of product.
Among technology, the Spunmelt technology is largely used for non-woven fabrics, whereas, spunlace segment is projected to grow at the highest CAGR during 2019-2024. Rising preference for wet wipes for cleansing purpose is increasing the penetration of spunlace non-woven fabrics worldwide. Regionally, the non-woven fabrics market has been segmented into North America, South America, Europe, Asia-Pacific and Middle East & Africa. Among these regions, economies in the APAC region, particularly India and China, are anticipated to play a substantial role in the growth of the market for non-woven fabrics during the forecast period. China is the largest revenue generating country in the APAC region, followed by Japan.
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“Growing concerns about harmful effects of non-biodegradable products, followed by ban on products like single-use plastics, is pushing manufacturers operating in the non-woven fabrics industry to invest heavily in R&D activities and develop innovative and environment-friendly products that are in line with various standards and regulations imposed across the regions. This factor is anticipated to positively influence global non-woven fabric market through 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Non-Woven Fabrics Market, By Fiber, By Technology, By End-Use, By Region, Competition Forecast & Opportunities, 2024” has evaluated the future growth potential of global non-woven fabrics market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends along with drivers, challenges and opportunities in global non-woven fabrics market.
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