Non-woven Fabric Market - Market Size, Covid-19 Impact, Trends and Forecasts (2022 - 2027)

MARKET SUMMARY
 

Market Size and Forecast
The Non-woven Fabric Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow to reach USD 57.84 billion by 2027, registering a CAGR of more than 5% during 2022-2027.
The Non-woven Fabric Market report provides in detailed analysis of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a major role in the market. These factors: the market dynamics, involves the drivers, restraints, opportunities through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The report also covers the market sizing and forecasts for the thermoformed plastics market in across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue ( USD billion).

Non-woven Fabric Market Overview
Non-woven fabrics in the textile industry are those fabrics which are neither woven nor knitted such as felt. Non-woven fabrics are unique, engineered and high-tech fabrics which are manufactured by bonding together or felting of the fibers mechanically. Non-woven fabrics market has witnessed a shift owing to several advantages over the woven fabrics such as overlapping of yarns to create pores and waterproof. Global non-woven fabrics market is at an augmentation stage currently and is expected to witness substantial growth over the forecast period, 2017–2025. Some of the key factors which are creating an appreciation for the growth potential of non-woven fabrics are as follows high tensile & tear strength and also withstands high temperature for some applications.
 

Increasing applications in the healthcare industry is one of the major market growth driving factor. Increasing demand for electric vehicles will further drive the market value. However, low durability and strength of fabric will act as a growth restraint for the market. Increasing construction activities in the Asia-Pacific region and United states will further create an opportunity for the market growth in the forecasted period.
 

The Asia-Pacific is expected to dominate the non-woven fabric market during the forecast period. Asia-Pacific is expected to be the largest consumer globally, owing to the commissioning of additional capacities and an increase in the production of non-woven fabric in the region. In terms of consumption and production of non-woven fabric, China held the largest share globally. The textile industry in China is booming, with increasing investments and government support from the 13th Five Year Plan. Healthcare has become one of India’s largest sectors.The country’s healthcare spending as a percentage of GDP is growing rapidly, owing to the government’s focus on improving healthcare.

India is also one of the famous destinations for medical tourism due to its cheap and quality healthcare, and it is also experiencing high growth. All the aforementioned factors, in turn, are projected to drive the market at high rates in the Asia-Pacific region, owing to the rapid growth of end-user industries.

This report provides an all-inclusive environment of the analysis for Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Non-woven Fabric growth.
 

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Industrial Display System Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Non-woven Fabric Market

Global Non-woven Fabric Market Segmentation Analysis
The Global Non-Woven Fabric Market is Segmented on The Basis Of material type, End-use, Technology   and Geography.

Key Players in Non-Woven Fabric Market
The Non-Woven Fabric Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Berry Global Inc., Freudenberg Group, KCWW, DuPont, and Ahlstrom-Munksjo.