Increased demand for nonwovens in healthcare industry, growing demand for nonwoven fabrics in textile industry, demand for lightweight and fuel-efficient transportation vehicles drive the growth of the global nonwoven fabrics market.
Some ruling enterprises in the global nonwoven fabrics market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global nonwoven fabrics industry include Ahlstrom-Munksjo, Berry Global Inc, Kimberly-Clark Corporation, Glatfelter, DuPont.
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The nonwoven fabrics market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the nonwoven fabrics market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the nonwoven fabrics market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
According to the report, the global nonwoven fabrics industry generated $38.3 billion in 2020, and is anticipated to generate $68.1 billion by 2030, witnessing a CAGR of 6.0% from 2021 to 2030.
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The hygiene segment accounted for the largest share in 2020, contributing to nearly three-fifths of the global nonwoven fabrics market, and is projected to maintain its lead position during the forecast period. This is because of growing consumption of nonwovens fabrics as an alternative to traditional textiles in hygiene products due to their excellent absorption properties, softness, smoothness, strength, comfort & fit, stretch ability, and cost-effectiveness. Moreover, the building & construction segment is expected to portray the largest CAGR of 7.1% from 2021 to 2030, owing to rise in construction spending in emerging markets such as Brazil, China, and India.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the nonwoven fabrics market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the nonwoven fabrics market
- Post-sales support and free customization
Asia-Pacific, followed by Europe & North America held the highest market share in terms of revenue 2020, accounting for around two-fifths of the global nonwoven fabrics market. Moreover, the same region is expected to witness the fastest CAGR of 6.6% from 2021 to 2030, owing to factors such as improving global economy, expanding working population, rising domestic demand for hygiene products. The report also includes North America, LAMEA, and Europe.
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