The global nonwoven fabrics market size is expected to grow from USD 38.69 billion in 2020 to USD 54.60 billion by 2026 at a CAGR of 5.9%.
Nonwoven Fabrics Market from Consainsights analyses the nonwoven fabrics market in the Chemicals & Materials industry over the forecast period to 2025. Nonwoven fabrics market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Nonwoven fabrics market segmentation includes by polymer type, by layer, by function, by technology, by application and geography.
Market analysis on the basis of polymer type includes PP, PET, PE, Rayon, Wood Pulp, and others. This segmentation encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of end users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report. Among the various polymer types, PP is expected to dominate the market while wood pulp is expected to witness the highest growth rate during the forecast period.
Based on the layer, the nonwoven fabrics market analysis covers single layer, and multilayer.
Based on the function, the nonwoven fabrics market analysis covers disposable, non-disposable. Due to COVID-19 pandemic across the globe, the demand for disposable nonwoven fabrics is increased; however, non-disposable fabrics are still the dominating segment in the global nonwoven fabrics market.
Based on the technology, the nonwoven fabrics market analysis covers dry laid, spunbond, wet laid, and others. Spunbound is the most dominating technology in the market while dry laid is expected to witness the highest growth rate during the forecast period.
Based on the application, the nonwoven fabrics market analysis covers hygiene, building & construction, consumer products, filtration, automotive, medical, and others. The hygiene segment is expected to be the largest contributor in the market while building and construction is expected to grow with the highest CAGR during the forecast period.
Key companies operating in the market include Ahlstrom-Munksjo, Berry Global Inc., Kimberly-Clark Corporation, Glatfelter, DuPont, Toray Industries Inc., Lydall, Inc. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted along with the financial analysis and analyst insights on the key companies operating in this market.
Moreover, the competitive analysis includes the company’s deals such as mergers, acquisitions, partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major player’s strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.
Market research methodology includes the triangulation of the data from the data sources such as primary market research approach and secondary market research approach along with the data from the trade bodies and industry standard publications and data sources.
During COVID-19 pandemic, online shopping has been greatly accelerated, thus boosting the demand for packages, labels, tapes, and filling materials. Moreover, Ecommerce companies kept the sale of consumer products active even during the pandemic. There is a continuous increase in the adoption of Ecommerce services by people across the globe. Instead of going out and purchase goods, people are increasingly making use of Ecommerce platforms to purchase goods and get them on their doors. These factors are driving the nonwovens fabric market globally.
There is a high demand for nonwoven fabrics which are used to construct protective medical fabrics such as surgical gowns and drapes, surgical face masks, protective apparel and sterile barrier systems. In addition, it is used to produce diagnostics materials for rapid test kits and venting filters for devices that are used in the treatment of patients with respiratory disorders. Demand for all these solutions was strong in 2020 and this trend is expected to continue in the years to come.
Many nonwoven manufacturers are using naturally occurring fibers to develop environment friendly nonwovens. While natural fibers are widely considered to be more expensive than synthetic fibers, the natural fiber nonwovens are very competitive with synthetic products. As governmental regulatory pressures concerning the environment are increasing, manufacturers are innovating to develop cost-effective solutions. The manufacturers and end users are considering to switch from synthetic nonwovens to compostable or biodegradable environment-friendly nonwovens.
The high cost of raw materials moderately hinders the market growth of nonwoven fabrics. The market is influenced by changing consumer demand, higher oil prices, and global trade patterns. Polypropylene prices may not rise or fall over the medium term from their current levels, although the oil market is not volatile by nature. This increase in oil prices leads to an increase in the import costs of mediator goods, which will lead to price transfers to customers or a decrease in margins. Such volatility has a variable effect on finished product prices.