NON-WOVEN FABRIC MARKET

 During the forecast period, the non-woven fabric market is anticipated to see a CAGR of less than 7%. The COVID-19 pandemic had a negligible effect on the expansion of the non-woven fabric market. Consumers worldwide are now focusing on necessities and personal protective equipment as governments issued economic packages for SMEs and other perks. The market under study is anticipated to be driven in the near future by expanding application bases in the healthcare and personal care industries as well as rising demand for electric vehicles. By technology, the spun-bond sector dominated the market, and it is anticipated that this segment would see the highest CAGR over the projected period.

Numerous healthcare goods, including surgical gowns, aprons, drapes, face mask components, and wound dressings, are made from non-woven fabric. They are also utilized in hygienic items like tampons, baby diapers, sanitary towels, sanitary napkins, and napkin liners.

The demand for non-woven face masks has significantly increased as a result of the COVID-19 outbreak in order to stop the virus from spreading. As a result, the demand for non-woven materials is rising exponentially on a global scale. Due to the rising use of female hygiene products in nations like China and India, Asia-Pacific is anticipated to have a considerable increase in the use of hygiene products throughout the forecast period.

Due to the commissioning of additional facilities and a growth in the production of non-woven fabric in the region, Asia-Pacific is anticipated to be the largest consumer globally. China accounted for the greatest global proportion of non-woven fabric manufacturing and consumption.

With an investment of USD 8 billion, the Chinese government is positioning Xinjiang as a hub for the production of textiles and clothing. By 2030, China's northwest is anticipated to be the greatest textile production hub in the world.

The non-woven fabric market is split up, with both big and small firms present. Over 22% of the global market was controlled by the top six competitors. Among others, Berry Global Inc., Freudenberg Group, Ahlstrom-Munksjö, KCWW, and DuPont are significant market participants (not in any particular order).

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