Press release
Global Non-Woven Fabrics Market Set For 8.08% Growth, Reaching $39.38 Billion By 2029
Non-Woven Fabrics Market
The global non-woven fabrics market reached a value of nearly $27.00 billion in 2024, having grown at a compound annual growth rate (CAGR) of 8.09% since 2019. The market is expected to grow from $27.00 billion in 2024 to $39.38 billion in 2029 at a rate of 7.84%. The market is then expected to grow at a CAGR of 6.21% from 2029 and reach $53.21 billion in 2034.
What are the upcoming opportunities in the global non-woven fabrics market?
The key players in the market are adopting extensive strategies in the non-woven fabrics market such as:
• Focus on enhancing operational capabilities through strategic partnerships.
• Focus on enhancing operational capabilities through acquisitions.
• Focus on enhancing operational capabilities through new launches.
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To take advantage of the opportunities, The Business Research Company recommends that non-woven fabrics companies focus on:
• Focus on developing hybrid nonwoven fabrics.
• Adopt a strategic partnerships approach to develop advanced fabric solutions.
• Focus on developing synthetic wetlaid nonwovens.
• Focus on developing plant-based nonwoven fabrics.
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Who are the major companies operating in the global non-woven fabrics market?
The global non-woven fabrics market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 11.5% of the total market in 2023. Kimberly-Clark Corporation. was the largest competitor with a 2.50% share of the market, followed by:
• The Freudenberg Group.
• Berry Global Group Inc.
• DuPont de Nemours Inc.
• Johns Manville Corporation.
• Magnera Corporation (Formerly Glatfelter Corporation).
• Fitesa SA
• Suominen Corporation.
• TWE Group GmbH
• Lydall Inc.
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