Press release
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in 2025. This reflects a compound annual growth rate (CAGR) of 6.5%. Looking ahead, the market is forecasted to continue this upward trajectory, reaching $22.14 billion by 2029 with an accelerated CAGR of 7.5%. This growth is largely fueled by breakthroughs in product development, a growing need for lightweight materials, emerging opportunities in new markets, an increasing focus on sustainable circular economy practices, and strategic collaborations within the industry. Key trends anticipated to influence the market include heightened demand for eco-friendly materials, technological improvements in manufacturing, expanded applications in medical and hygiene sectors, geographic expansion, and a rise in product customization and variety.
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Leading Companies Driving Innovation in the Spunbond Nonwovens Market
In October 2024, Kapitus, a US-based financial services provider for small and medium-sized enterprises, completed the acquisition of Ten Oaks Commercial Capital, although financial details of the deal were not disclosed. This move supports Kapitus's strategy to broaden its product portfolio and strengthen its support for vital industries such as construction, manufacturing, hospitality, and healthcare. With the addition of an equipment finance division alongside its existing small business loan and revenue-based financing options, Kapitus aims to foster growth and innovation among small and medium-sized businesses crucial to the economy. Ten Oaks Commercial Capital specializes in equipment financing and working capital loans, making it a valuable addition to Kapitus's offerings.
Emerging Trends Transforming the Spunbond Nonwovens Industry
Technological and market trends are reshaping the spunbond nonwovens landscape. For instance, the growing adoption of sustainable materials is prompting companies to innovate in eco-friendly production. This shift is aligned with a global move toward environmental responsibility and circular economic models, which prioritize reducing waste and reusing resources.
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Simultaneously, advancements in manufacturing processes are enabling greater efficiency and product quality. These improvements support the development of spunbond nonwoven fabrics that meet the rising demands within hygiene and medical sectors, where performance and safety are critical. Additionally, expanding applications and customization options offer businesses more flexibility and opportunities to cater to diverse consumer needs.
Segment Analysis and Market Forecast in the Global Spunbond Nonwovens Industry
The spunbond nonwovens market size has shown strong recent growth, increasing from $15.57 billion in 2024 to $16.59 billion in 2025 at a CAGR of 6.5%. This positive trend highlights the market's solid footing and the promise of continued expansion in the near future.
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