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Asia-Pacific to lead the global non-woven market with more than 6% CAGR: Actual Market Research
Jun, 04
2021

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Asia-Pacific to lead the global non-woven market with more than 6% CAGR: Actual Market Research

 

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In terms of value & volume, Asia leads the global market since 2015, declining in value terms & inclining in volume terms due to the high demand. This high share can be attributed to the increasing birth rate in China & India, while Japan has a high aging population. In 2015, the market was at a value of USD 14.33 Billion, leading the market with less than 50% share. The research report titled Asia-Pacific Non-Woven Fabric Market Outlook, 2026 by Actual Market Research categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on polymer type, by layer type, by technology, by application, based on countries & major companies.

The majority of this share comes from the hygiene care segment which includes diapers, sanitary napkins, personal care wipes, etc. The commercial use of superabsorbent material started roughly in 1980 in the region, which initially concentrated towards the baby diapers, later a decade got popularized in adult incontinence pads. Even though the region is to dominate over the forecasted period, the lack of awareness in the rural region and unfavorable economic conditions due to the Covid pandemic is likely to be a hindrance to the growth. This leading region is to grow over a market value difference of 7.34 Billion in the span of the coming 5 years and also portray a volume shift of 2.23 Million Tonnes.

The polypropylene fibers were earlier in use for the textile arena which later gradually grew into a useful industrial and household fiber. This type of fiber is also increasingly used as filter fabrics for wet filtration in the chemical and pharmaceutical industries. Leading the Asia market, this segment held more than half of the market share. The single-layer non-woven fiber has been exhibiting a steep decline in the market share, while the multi-layer non-woven segment is expected to cross a market share of 27% by the end of the forecasted period. The non-woven fabric is seen as highly beneficial in the context of its effectiveness, disposability, affordability, and wide application in the health sector. The fabric is being adopted more in the health care segment, being one of the most effective for bacterial barriers. It is superior to linen, in terms of reducing airborne contamination. Thus, there has been a surge in the use of nonwoven fabrics in the health care products such as dressings, surgical masks and gowns, drapes, bedding, and implantable, like with its orthopedic applications, sutures, and tissue structures, etc.

China is the largest economy, in GDP terms, which leads the Asia Pacific non-woven market. Not only it is one of the fastest emerging economies, but it is also the biggest production house globally. China is expected to dominate the market for non-woven fabrics during the forecast period due to the rising demand for non-woven fabrics from the healthcare industry and growing application in the textile industry in this region. Similarly, India is also expected to have an incline in the demand for the non-woven fabric in the health care industry, due to the increasing health tourism in the country. The spread of Covid-19 in Asia Pacific countries especially India is likely to hamper the market for non-woven fabric from the construction industry, textile industry, and automotive industry due to the closure of various manufacturing plants in the country. However, it is likely to show positive growth in the healthcare industry.

The Asia market for non-woven fabric is highly concentrated with global companies and small-scale regional companies. The major companies include Berry Global Inc., Freudenberg Group, Ahlstrom- Munksj?, Kimberly-Clark, DuPont de Nemours, Fitesa, Glatfelter Corporation, Lydall, Toray Industries, Johns Manville, Suominen Corporation, TWE Group, Low & Bonar, Zhejiang Kingsafe, Avgol, etc.