Non woven Fabric Market Summary
As per Market Research Future Analysis, the Global Nonwoven Fabrics Market was valued at USD 57.42 billion in 2023 and is projected to reach USD 77.24 billion by 2032, growing at a CAGR of 6.11% from 2024 to 2032. Key drivers include increased domestic demand for sanitary goods and rising healthcare sector needs. The COVID-19 pandemic has further accelerated demand for nonwoven products, particularly in medical applications, hygiene products, and personal care items.
Key Market Trends & Highlights
The nonwoven fabrics market is witnessing significant growth driven by healthcare and hygiene demands.
- Market size in 2023: USD 57.42 billion; projected to reach USD 77.24 billion by 2032.
- CAGR from 2024 to 2032: 6.11%; driven by increased healthcare spending and hygiene product demand.
- Asia-Pacific market accounted for USD 12.5 billion in 2021; expected significant growth due to rising hygiene concerns.
- Disposable nonwoven sector held a significant market share in 2021, driven by demand for sanitary products.
Market Size & Forecast
2023 Market Size | USD 57.42 billion |
2024 Market Size | USD 59.32 billion |
2032 Market Size | USD 77.24 billion |
CAGR (2024-2032) | 6.11% |
Major Players
Key players include Dow, DuPont, KCWW, Berry Inc., Glatfelter, Fitesa, TWE GmbH & Co. KG, Ahlstrom-Munksjö, Kimberly-Clark Corporation, Chevron Corporation, Polymer Group Incorporation, Asahi Kasei Corporation, Fibertex.