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Global Nonwoven Fabric Market is Estimated to be Valued at US$ 35.4 Bn by
2016, Driven by Increasing Demand for Spun Laid Nonwoven Fabric Materials
for Hygiene Product Applications
Global consumption of nonwoven fabric spun is estimated to witness Y-o-Y rate of
8.3% in 2016 end. The polypropylene segment is estimated to account for maximum
revenue share of ~71% by 2016 end and is expected to maintain its dominance over
the forecast period.
Nonwoven fabric materials find major application in consumer products such as
disposable diapers, feminine care products and adult incontinence, and market growth
is consequently driven by increasing demand for such hygiene products over the
forecast period. Increasing infant and child population in Asia Pacific is estimated to
drive significant demand for disposable diapers in the near future. Increasing
consumption of disposable diapers and feminine care products in emerging countries
with low penetration is anticipated to provide impetus for market growth over the
forecast period. Moreover, increasing demand for fuel-efficient and lightweight
transportation automobiles is also anticipated to drive market growth in the near
future. Increasing application of nonwoven materials in automobile interiors
combined with increasing automotive production output is anticipated to drive market
growth to a certain extent.
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However, high prices of finished products is attributed to high cost of raw materials.
Such high prices of finished products are expected to impede market growth over the
forecast period. Increasing stringent regulations on the textile industry is estimated as
another factor restraining market growth. Moreover, shifting nonwoven production to
ASEAN countries, offering consumer-specific products and basis weight reduction
are some of the key trends observed in the global nonwoven fabric market.
Increasing demand for nonwoven fabric materials in hygiene applications, owing to
favourable demographic trends is anticipated to drive market growth over the forecast
period. Market growth is estimated to be spurred by increasing penetration of hygiene
products in emerging countries. Increasing application of nonwoven fabric materials
in automobiles, owing to rising need for lightweight and fuel-efficient transportation
vehicles is also expected to be a prominent driving factor for market growth over the
forecast period.
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The Asia Pacific nonwoven fabric market is anticipated to witness higher growth
rates due to increasing penetration of disposable diapers in emerging ASEAN
countries namely Indonesia, Malaysia and the Philippines. Growth rates in markets in
the Middle East & Africa and Latin America are expected to be above average due
low product penetration in these region. The market in Europe is anticipated to
witness moderate demand over the forecast period owing to increasing construction
activities in Russia. North America nonwoven fabric market is anticipated to witness
relatively low demand due to increasing ageing population in the region.
Kimberly-Clarke, Freudenberg SE and Ahlstrom are some of the top producers of
nonwoven fabric materials.
PMR Long-term Outlook: The global nonwoven fabric market is expected to reach
US$ 66.8 Bn by 2024 end, expanding at a CAGR of 8.3% during the forecast period
(2016–2024). Asia Pacific, is estimated to account for share of 39.6% by 2016 end,
and is projected to be the largest market in the global nonwoven fabric market.
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