The Non-woven Fabrics Market is being driven by Strong demand for non-woven fabrics in APAC
The Non-woven Fabrics Market is expected to grow at a CAGR of 6.13% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 15.36 billion. The global non-woven fabrics market is experiencing robust growth, driven by the expanding textile industry and increasing demand for textiles in emerging economies. These fabrics offer advantages such as superior strength, durability, and water resistance, making them a preferred choice over conventional textiles for various applications, including industrial fabrics, upholstery, bedding, and clothing. The market's growth is further fueled by the adoption of eco-friendly materials and the creation of new uses for non-woven fabrics. Additionally, the healthcare sector's expansion, driven by an aging population and rising healthcare costs, is significantly boosting the demand for spunbond non-woven fabrics in medical textile applications.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
179 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.13% |
Market growth 2024-2028 |
USD 15.36 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
5.32 |
Key countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Nonwoven Fabrics market encompasses a wide range of applications, including nonwoven products for hygiene, medical, and construction sectors. In the modern healthcare sector, nonwovens are utilized in solutions for the growing birth rate and geriatric population, such as Personal Protective Equipment (PPE), medical gowns, and wound management. Additionally, nonwovens are integral to Hygiene Products like Sanitary Towels, Sanitary Napkins, Tampons, Baby Diapers, Napkin Liners, and Sanitary Pads. Brands like Niine Sanitary Napkins are leading innovators in this space. Nonwovens also find extensive use in filtration applications, including Electronic Components, Batteries, and Capacitors. Furthermore, the durability and strength of nonwovens make them indispensable in Construction Activities. In the realm of sustainability, bio-based diapers and other eco-friendly nonwoven products are gaining traction. Lastly, the emergence of Electric Vehicles is driving demand for nonwovens in their production.
The nonwoven fabrics market is a significant segment of the global specialty chemicals industry, encompassing manufacturers and solutions providers for nonwoven products in various sectors such as hygiene, medical, construction, and filtration. The global specialty chemicals market, which includes high-value-added chemicals used in the production of fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings, is projected to expand due to the increasing demand for specialty adhesives and sealants in the modern healthcare sector, driven by factors like the rising birth rate and geriatric population. This trend is expected to significantly contribute to the growth of the nonwoven fabrics market in the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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