Nonwoven Fabric Market to Hit US$ 87.34 Billion by 2034: Fact.MR Report
FACT.MR
FACT.MR

Adoption of Nonwoven Fabrics Increasing in Healthcare Facilities to Minimize Hospital-acquired Infections

Rockville , Jan. 10, 2024 (GLOBE NEWSWIRE) -- Fact.MR, a market research and competitive intelligence provider, in its newly published study, reveals that the global nonwoven fabric market is estimated at US$ 48.78 billion in 2024. Worldwide demand for nonwoven fabrics is predicted to reach a market valuation of US$ 87.34 billion by the end of 2034.

Extensive use of nonwoven fabrics in medical applications is attributed to their easy accessibility and cost-effectiveness. Surgical gowns, gloves, drapes, and instrument covers—reusable and disposable—are used widely in hospitals. Government programs supporting the adoption of nonwoven medical products to minimize the incidences of HAIs (hospital-acquired infections) are predicted to lead to market growth.

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There has also been an increase in the adoption of nonwoven materials in several automotive applications, including filtration systems and interior components. Noteworthy growth in the automotive industry is forecasted to increase demand for nonwoven fabrics. Expansion of e-commerce platforms is leading to growing demand for packaging materials. These nonwoven fabrics are utilized in packaging owing to their durability and strength.

Report Attribute

Details

Value Projection (2034)

US$ 87.34 Billion

Growth Rate (2024-2034)

6.1% CAGR

No. of pages

170 Pages

No. of Tables

84 Tables

No. of Figures

112 Figures

Key Takeaways from Market Study

  • The global nonwoven fabric market is pegged at US$ 48.78 billion in 2024.

  • Worldwide demand for nonwoven fabrics is forecasted to reach a valuation of US$ 87.34 billion by the end of 2034.

  • The market is projected to expand at 6.1% CAGR from 2024 to 2034.

  • East Asia is predicted to account for 38.4% share of global market revenue by the end of 2034.

  • Sales of nonwoven fabrics in the United States are forecasted to rise at a CAGR of 6.4% and reach US$ 18.68 billion by 2034.

  • The personal care segment is predicted to hold 42.9% of the global market share by 2034.

“Increasing demand for nonwoven fabrics is attributed to their increased adoption for hygiene and medical products across geographies,” says a Fact.MR analyst.

Key Market Players

  • Glatfelter Company

  • Dupont de Nemours, Inc.

  • Asahi Kasei Corporation

  • Lydall Inc.

  • Berry Global Inc.

  • Toray Industries

  • Fitesa

  • Souminen Corporation

  • Johns Manville Corporation

  • PFNonwovens Group

  • Mitsui Chemicals, Inc.

  • Dow

  • Polymer Group Incorporation

  • Chevron Corporation

  • Kimberly-Clark Corporation