Air-laid Product Industry Analysis: Market Competition and Growth Outlook

The global air-laid product market is witnessing steady growth, driven by increasing demand for food pads that enhance shelf life and rising consumption of personal hygiene products. Additionally, growing government initiatives and investments in the agriculture and food sectors are further supporting market expansion.

According to a report published by Allied Market Research, titled "Air-laid Product Market By Product Type (Latex Bonded, Thermal Bonded, Multi Bonded, Hydrogen Bonded), By Application (Personal Hygiene, Food Packaging, Home Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031", the market was valued at $2.1 billion in 2021 and is projected to reach $3.9 billion by 2031, registering a CAGR of 6.3% from 2022 to 2031.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A07567

The report provides an in-depth analysis of evolving market trends, key investment pockets, competitive landscape, value chain analysis, and regional outlook.

Key Growth Drivers & Opportunities:-

Market Drivers

- Rising demand for food pads that extend product shelf life
- Increasing consumer awareness regarding personal hygiene and wellness
- Growth in packaged food consumption due to busy lifestyles
- Expanding purchasing power in developing economies

Market Restraints:

- Comparatively lower strength and durability of air-laid products compared to woven fabrics

Emerging Opportunities:

- Rapid urbanization and growing working population
- Increasing demand for disposable hygiene products, especially in emerging economies

Segment Insights:

By Product Type: Latex Bonded Segment Leads

The latex bonded segment accounted for nearly two-fifths of the global market share in 2021 and is expected to maintain its dominance through 2031. This growth is attributed to its widespread use in:

- Wet and dry wipes
- Toilet paper
- Folded tissues
- Napkins

Meanwhile, the hydrogen bonded segment is projected to register the fastest CAGR of 6.8% during the forecast period. Rising birth rates in countries such as India and China, along with increasing demand for disposable diapers, are fueling this growth.

By Application: Personal Hygiene Dominates

The personal hygiene segment held nearly half of the global market share in 2021 and is expected to retain its leading position through 2031. It is also projected to grow at the fastest CAGR of 6.7%, driven by:

- Increasing awareness of personal care
- Higher adoption of hygiene products
- Growing working population

Other significant applications include food packaging, home care, and other industrial uses.

Regional Outlook: Asia-Pacific at the Forefront

The Asia-Pacific region accounted for around two-fifths of the global market share in 2021 and is expected to witness the fastest CAGR of 7.1% during the forecast period.

Growth in this region is primarily driven by:

- Expanding food packaging industry
- Rising hygiene awareness
- Growing disposable income
- Increasing urbanization

Other regions analyzed include North America, Europe, and LAMEA.

Key Market Players:

Leading companies operating in the global air-laid product market include:

- Domtar Corporation
- Fitesa S.A.
- Duni Group
- Gelok International
- Glatfelter Corporation
- Kinsei Seishi Co., Ltd.
- MAIN S.p.A.
- McAirlaid's Vliesstoffe GmbH
- Phoenix Fabrikations BV
- Oji Holdings Corporation

These players are focusing on strategies such as expansions, product launches, collaborations, and partnerships to strengthen their market position and expand their global footprint.

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