The non-woven fabrics market is projected to grow at a CAGR of 7.51% from USD 24.26 in 2022, to reach USD 34.85 billion by 2031. The non-woven fabrics market is witnessing considerable growth due to the growth of modern healthcare in developing markets and rise in awareness about environmentally friendly fabrics. This market has immense opportunities due to increase in the importance of geotextiles and proliferation of new technologies. In addition, regulatory frameworks are promoting the usage of non-woven fabrics. Factors such as low availability of raw materials are restraining the growth of the market.
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“The hygiene sector is projected to dominate the non-woven fabrics market through 2031”
The non-woven fabrics market, by application is segmented into hygiene, wipes, construction, upholstery, filtration, automotive, and others (medical, geotextiles, agriculture & landscape, industrial/military, office & stationery, leisure, and shoes & leather). Baby diapers, sanitary napkins, adult incontinence products, training pants, and lens tissues are the key application areas of non-woven fabrics in the hygiene segment. Non-woven fabrics are affordable alternatives to traditional fabrics as they can be disposed of after each use. Hence, there is a high demand for these fabrics in the hygiene segment.
“Non-woven fabrics market is projected to grow at a CAGR of 7.51% during the forecast period”
“The Asia Pacific non-woven fabrics market is projected to be the fastest-growing during the forecast period”
Asia Pacific is projected to be the fastest-growing in the non-woven fabrics market, in terms of value and volume, followed by the Middle East & Africa, North America, and Europe. Higher domestic demand, along with the availability of low-cost labor, makes this region the most attractive market for non-woven fabric producers. Players are focusing on this region to gain a larger market share and increase profitability. According to the Population Reference Bureau, China, India, and other emerging Asia Pacific countries collectively exceeded a population of 4 billion in 2015, which is expected to become an increasingly important driver for global consumption over the next two decades.
Breakdown of Primaries
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the non-woven fabrics market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as manufacturers, distributors, consultants, and academic professionals. The distribution of primary interviews is as follows:
By Company Type: Tier 1 – 35%, Tier 2 – 30%, and Tier 3 – 35%
By Designation: Manager Level – 65%, C Level – 35%
By Region: North America – 25%, Asia Pacific – 22%, Europe – 28%, and South America – 10%, Middle East & Africa – 15%
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Note: Tier 1: Revenue > USD 500 million, Tier 2: USD 100 million < Revenue < USD 500 million, Tier 3: Revenue < USD 100 million
The various key players profiled in the report are as follows:
1. DuPont (US)
2. Kimberly-Clarke (US)
3. Berry Global Group (US)
4. Ahlstrom-Munksjö (Sweden)
5. Freudenberg (Germany)
6. Glatfelter (US)
7. T Suominen(Finland)
8. Johns Manville (US)
9. Fitesa (Brazil)
10. TWE group (Germany)
The segmentation considered for this report is based on material, technology, function, application, and region, which constitutes key markets. The report covers detailed information regarding the major factors influencing the growth of the non-woven fabrics market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, and recent developments associated with the non-woven fabrics market.
Reasons to buy the report
The report will help the market leaders/new entrants in this market in the following ways:
• This report segments the non-woven fabrics market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
• The report will help stakeholders to understand the market and provides them information on the key market drivers, restraints, opportunities, and challenges.
• This report will help stakeholders to better understand their competitors and gain more insights with regard to their position in the business. The company profiles section includes strategies adopted by non-woven fabrics manufacturers such as new product launches, acquisitions, and expansions & investments.
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