The global non woven fabric market is projected to experience substantial growth, with its market size expected to reach $45.1 billion by 2024. By 2034, the market is anticipated to surge to $70.7 billion, expanding at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2034. This growth is being driven by increasing demand across various sectors, including healthcare, automotive, and e-commerce.
Key Market Trends and Highlights
- Healthcare Sector Drives Demand for Non Woven Fabrics
Non woven fabrics have become essential in the healthcare industry, particularly for the production of surgical gowns, drapes, and other medical products. With an aging global population and heightened awareness of healthcare needs, the demand for non woven materials in medical applications is expected to grow significantly. - Automotive Industry Fuels Market Expansion
The automotive sector’s growth is contributing to the increased use of non woven fabrics in various applications, such as interior components and filtration systems. As the automotive industry continues to expand, particularly in emerging markets, the demand for lightweight, durable materials like non woven fabrics is expected to rise, supporting the overall market growth. - E-commerce Boom Spurs Demand for Durable Packaging Materials
The rapid expansion of e-commerce has led to a surge in demand for packaging materials that offer strength and durability. Non woven fabrics are increasingly being used in packaging solutions, thanks to their ability to protect goods during transit. The ongoing growth of online shopping is likely to further stimulate demand for these materials. - Lightweight Materials Gain Traction in Automotive and Aerospace Industries
The automotive and aerospace industries are increasingly focused on lightweight materials to enhance fuel efficiency and performance. Non woven fabrics, known for their strength and lightweight properties, are well-positioned to meet the growing demand for such materials in these sectors.
Furthermore, non-woven fabrics are gaining traction in the textile and healthcare sector. One of the major growth drivers of the non-woven fabrics market is the developing textile industry across the world. While, in the healthcare setting, rising demand for non-woven hygiene products is a major contributor to the overall market growth.
Again, the inherent properties of non-woven fabric also contribute to their rising demand. These fabrics can expand under tension, which helps them to absorb shockwaves and catch flying debris. This feature leads to the increasing adoption of these fabrics in the construction and automotive industries. All of these considerations drive the market growth of non-woven fabrics during the forecast period.
“Rising adoption in diverse industries such as hygiene, personal care, automotive, filtration, etc., promotes the global growth of the non-woven fabrics market over the forecast period,” says an FMI analyst.
Key Takeaways:
- High demand from various industry verticals strengthens the market prospects for non-woven fabrics.
- Volatility and high costs of raw materials may stunt the target market growth.
- The non-woven fabric market in North America accounts for 15% of the global market share.
- Europe’s non-woven fabric market holds 30% of the total market share.
- Start-ups in this market are keen on developing additional product properties to boost the adoption rate of non-woven fabrics.
Competitive Landscape
E.I. du Pont de Nemours & Co, Ahlstrom Corporation, Avintiv, Inc., Kimberly-Clark Corporation, P.H. Glatfelter Co, Freudenberg SE, Suominen Corporation, Toray Industries Inc., Albarrie, and others are some of the major players in the non-woven fabrics market profiled in the full version of the report.
Leading market players are focusing on utilizing novel and innovative techniques to enhance product quality and durability. These firms are interested in developing new product lines and expanding their production capacities to strengthen their market position.
More Insights into Non-woven Fabrics Market Report
In its latest report, FMI offers an unbiased analysis of the global non-woven fabrics market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of polymer type (polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), wood pulp, rayon, others), function (disposables, durables), application (hygiene, medical, filtration, automotive, building & construction, others), technology (spunbond, wet laid, dry laid, air laid), and region.
According to the latest FMI reports, based on region, the non-woven fabrics market in Europe will demonstrate considerable growth during 2022-2032. The market will acquire ownership of around 30% of the global market share and thus dominate in the international space. An upsurge in automobile, healthcare, and construction sectors across European nations will underpin the demand for non-woven fabrics during the projected period.
The non-woven fabrics market in North America will also present notable growth with a market share of 15%. The target market in this region will continue to perform well during the observation period owing to a well-established and advancing e-commerce sector. Rapid economic development, rising disposable income, high demand for hygiene products as well a strong presence of online sales channels drive the market growth of non-woven fabrics in this region during the forecast period.
Access Full Report: https://www.futuremarketinsights.com/reports/non-woven-fabrics-market
Key Market Segments in the Non-Woven Fabrics Market
By Polymer Type:
- Polypropylene (PP)
- Polyethylene (PE)
- Polyethylene terephthalate (PET)
- Wood pulp
- Rayon
- Others
By Function:
- Disposables
- Durables
By Application:
- Hygiene
- Medical
- Filtration
- Automotive
- Building & construction
- Others
By Technology:
- Spunbond
- Wet Laid
- Dry Laid
- Air Laid
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
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