Press release
Global Non-Woven Fabrics Market 2024 - By Growth Opportunities, Future Insights, Regional Segments, Latest Innovations And Forecast To 2033
The new report published by The Business Research Company, titled ""Non-Woven Fabrics Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the non-woven fabrics market size has grown strongly in recent years. It will grow from $13.88 billion in 2023 to $14.85 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The non-woven fabrics market size is expected to see strong growth in the next few years. It will grow to $18.52 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
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Rising Healthcare Demand Propels Growth Of Nonwoven Fabrics Market
Increased demand for non-woven in the healthcare industry is expected to drive the growth of the non-woven fabrics market going forward. Nonwoven refers to fibers held together by bonding or interlocking. The emergence of low-cost goods for use in cost-conscious institutions has increased the usage of nonwoven fabrics in medical applications such as disposable and reusable surgical gowns, drapes, gloves, and tool wraps are commonly utilized. For instance, according to Edana, a Belgium-based international association serving the nonwovens and related industries, in 2021, nonwovens production in Greater Europe increased in volume by 2.0% to reach 87.6 billion square meters. Therefore, increased demand for nonwoven in healthcare is expected to boost demand for nonwoven fabrics during the forecast period.
Technological Advancements Reshaping The Landscape Of The Non-Woven Fabrics Market
The proliferation of new technologies has emerged as a key trend gaining popularity in the non-woven fabrics market. Technological advancements have contributed to strong development in most of the textile industry's product sectors, particularly nonwoven fabrics. New technologies are expected to reduce production costs, making the commercial production of nonwoven textiles possible. For instance, in 2021, DiloGroup, a Germany-based engineered nonwoven systems manufacturer, offers a unique additive manufacturing process called the 3D-Lofter, that uses a separate sliver feed mechanism that functions similarly to a digital printer. The sliver is fed into an aerodynamic web-forming unit, which allows additional amounts of fiber to be placed three-dimensionally in specific locations on a flat needlefelt. Nanofiber and high-performance material technologies are gaining traction as substitutes for standard membranes, releasing new possibilities for non-woven makers.
The non-woven fabrics market covered in this report is segmented -
1) By Technology: Spunbond, Wet Laid, Dry Laid, Air laid
2) By Product: Polyester, Polypropylene, Nylon
3) By End User: Industrial, Hygiene Industry, Agriculture
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Major companies operating in the non-woven fabrics market report are Mitsui & Co. Ltd., Jinsheng Huihuang (Group) Co. Ltd., Kimberly-Clark Corporation, Toray Industries Inc., Berry Global Group Inc., DuPont de Nemours Inc., E.I. du Pont de Nemours and Company, Avintiv Inc., Ahlstrom-Munksjo Oyj, P.H. Glatfelter Company, Glatfelter Corporation, Action Nonwovens Inc., Lydall Inc., TWE Group Inc., Suominen Corporation, Johns Manville Corporation, Avgol Industries 1953 Ltd., Kingsafe Group, Fitesa S.A., Fibertex Nonwovens A/S, Hollingsworth & Vose Company, PFNonwovens GmbH, Dalian Ruiguang Nonwoven Co. Ltd., Delaware Valley Corporation, Xamax Industries Inc., Dongguan Veijun Non-woven Technology Co. Ltd., AIM Garments LLC, Freudenberg & Co. KG, Shandong Kangjie Nonwovens Co. Ltd., CHTC Jiahua Nonwoven Co. Ltd., Huifeng Nonwoven Co. Ltd.
Contents of the report:
1. Executive Summary
2. Non-Woven Fabrics Market Report Structure
3. Non-Woven Fabrics Market Trends And Strategies
4. Non-Woven Fabrics Market - Macro Economic Scenario
5. Non-Woven Fabrics Market Size And Growth
…..
27. Non-Woven Fabrics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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