Nonwoven Materials Market Performance and Future Opportunities Insights 2024 - 2031 | Sonoco Products Company, World Wide Packaging LLC

Market Overview:

Global nonwoven materials market is expected to reach US$ 83.76 Bn by 2031, from US$ 50.61 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 6.5% during the forecast period.

Market Dynamics:

The nonwoven materials market is expected to witness significant growth over the forecast period owing to increased demand from disposable hygiene products market. Disposable hygiene products such as diapers, pads and other sanitary products account for a significant share of the nonwoven materials market. Growing population along with rising per capita incomes in developing regions is expected to drive the demand for disposable hygiene products which in turn is estimated to fuel the growth of nonwoven materials market. Further, increasing focus on health, hygiene and sanitation due to COVID-19 outbreak is also projected to boost the nonwoven materials market growth during the forecast period. In addition, rapid growth of the medical textiles industry utilizing nonwoven fabrics is anticipated to propel the market growth.

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Two Major Drivers Fuelling Growth of the Nonwoven Materials Market

The increasing demand from the hygiene industry like baby diapers, feminine hygiene products and adult incontinence products is a key driver of the nonwoven materials market. Nonwoven materials are majorly used in the production of these personal hygiene products owing to their properties like comfort, softness, breathability and absorbency. From developing as well as developed nations, the sales of these hygiene products are increasing at a consistent rate on account growing birth rates, improving living standards, aging population and rising awareness. This growing demand from the hygiene segment is expected to fuel the consumption of nonwoven materials in the coming years.

A Lucrative Opportunity to Capitalize On

Development of sustainable and bio-based nonwoven materials: One of the prominent opportunities for players in the nonwoven materials market is shifting their focus towards developing sustainable and bio-based product varieties. With rising environmental awareness, regulations encouraging use of eco-friendly raw materials and brand commitments towards sustainability, the demand for bio-based alternatives to crude oil-based polymers is growing. Nonwoven manufacturers can capitalize on this opportunity by investing in R&D to produce nonwoven fabrics from bio-based polymers derived from agricultural waste or cellulose. Features like compostability and renewability of bio-polymers are attractive aspects to players seeking differentiation in the market. Besides, this also ensures security in raw material supply. Tap into this space through sustainable offerings would bring new revenue streams for nonwoven producers.

Emerging Trend Favoring the Market in the Long Run

Growing demand from technical applications: One of the key emerging trends in the nonwoven materials market is the rising usage of nonwovens in technical applications beyond hygiene and medical textiles. Nonwoven materials are increasingly replacing conventional materials in applications such as filtration media, geosynthetics, home furnishings, wound care, industrial fabrics and automotive interiors owing to their good binding capabilities, strength and versatility. With high growth witnessed in the automotive, construction and industrial sectors, the demand from technical application segments of filtration, composites and others is expected to gain significant traction over the coming years. This evolving trend presents lucrative opportunities to nonwoven producers to expand their footprint in technical fields and drive future revenues.

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Top Companies Featured in This Report:

• Sonoco Products Company
• World Wide Packaging LLC
• Montebello Packaging
• VisiPak Inc.
• IntraPac International Corporation
• CCL Industries Inc.

Market Segmentation:

By Product Type:

• Squeeze Tubes
• Twist Tubes
• Rigid Tubes
• Extruded Tubes
• Aluminum
• Plastic
• Others

By Applications:

• Oral Care
• Hair Care
• Skin Care
• Make-up
• Others

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

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Report Highlights:

📈 Examination of navigation keyword market share at both country and regional levels

📈 Thorough analysis of the competitive landscape and emerging trends

📈 Detailed review of product advancements, technological developments, drivers, and limitations

📈 Strategic recommendations tailored for key business segments based on market insights

📈 Valuable guidance for newcomers venturing into the navigation keyword market

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Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

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