According to Future Market Insights, the global nonwoven polyester fabric market is projected to increase at a CAGR of 6.84% in the forecast period from 2023 to 2033. The market size in 2023 is likely to reach US$ 54.8 billion and in 2033 it will reach US$ 106.2 billion. The market size in 2022 was US$ 51.31 billion.
The growth of the fabrics market is responsible for the increase in demand for non-woven products and solutions for medical, hygiene, filtration applications, etc.
The usage of the nonwoven polyester fabric market is rising due to the inauguration of products with reduced costs in cost-sensitive hospitals. Several government initiatives have been taken to control HAIs (Hospital Acquired Infections) to promote the usage of nonwoven medical products like disposable patient gowns, linens, etc. It is also used in the construction of roads in the form of geotextiles for increasing the durability of roads. Also, the low maintenance costs associated with nonwovens are assumed to raise the demand in construction applications. Lastly, it is also used in the civil engineering sector for strengthening the embankments, which will be used in agricultural materials like anti-weed sheets in construction materials like- house wraps, household products, and roof linings.
One of the most important factors that will have a direct impact on the end-product market is the availability of raw materials, where more than 80% of the fibers of the raw materials are synthetic. Some of the raw material fibers are available in large quantities and at affordable prices in comparison to carbon fibers, glass fibers, etc. are costlier and are not easily available.
Enhancements in the technologies are also expected to pull down production costs, thereby, assimilating the non-woven textile that is commercially feasible. In addition to that, the incorporation of nanofiber and high-performance material technologies are also emerging as traditional membranes by creating new opportunities for nonwoven manufacturers.
According to Future Market Insights, Asia Pacific is said to be dominating the global nonwoven fabrics market. So, the rising population of China and India has expected to couple with the growth in their income levels for driving the demand for nonwoven fabrics in hygiene applications. China is said to be the largest consumer as reflected by the commission of their additional capacities leading to an increase in the production of non-woven fabric in the region.
Nonwoven Polyester Fabric Market Overview
According to latest research on Nonwoven polyester fabric market, the demand of Nonwoven polyester fabric market is anticipated to grow with a significant growth rate of about 5.0% to 7.0% in between the coming assessment period of 2021 to 2031.
The growth of the fabrics market is attributed to the increase in demand for nonwoven products & solutions for hygiene, medical, construction, and filtration applications. The key growth drivers of the nonwoven fabrics market are the growth of the modern healthcare sector in the emerging markets, rise in birth rate, and increase in the geriatric population in the western countries.
What is Driving Demand for Nonwoven Polyester Fabric Market?
Major factors driving the market are the growing demand from the health and personal care sectors. The use of nonwoven fabrics in medical applications is increasing due to the introduction of products with reduced costs for use in cost-sensitive hospitals.
Products, such as disposable & reusable surgical gowns, drapes, gloves, and instrument wraps, are widely used in hospitals. Several government initiatives to control HAIs (Hospital Acquired Infections) promote the use of nonwoven medical products, such as disposable patient gowns, drapes, and linens that help reduce the spread of HAIs.
Nonwoven polyester fabric is also used in road construction in the form of geotextiles to increase the durability of roads. Low maintenance costs associated with nonwovens is expected to fuel its demand in construction applications. Positive outlook on global automobile and transportation industry is further expected to propel growth for non-woven fabrics market over the next few years.
In the civil engineering sector, it is used to strengthen embankments. It is also used in agricultural materials such as anti-weed sheets, in construction materials like roof linings and house wraps, and in household products like wrapping bags and packaging materials.
Healthcare Industry to Remain a Key Segment for the Consumption of Nonwoven Polyester Fabric Market
Increasing demand from the Healthcare industry is one of the major factors driving the global polyester fabrics market. Nonwoven fabric is used to make various products in the healthcare industry, such as surgical gowns, aprons, drapes, face mask components, and wound dressings.
They are also used in hygiene products, such as sanitary towels, sanitary napkins, tampons, baby diapers, and napkin liners. The demand for new and better-performing products is propelling the nonwoven industry. Additionally, owing to the COVID-19 outbreak, there has been an astronomical increase in the demand for nonwoven face masks to prevent the spreading of the virus.
Asia Pacific Nonwoven Polyester Fabric Market Outlook
Asia Pacific dominated the global nonwoven fabrics market and accounted for over 45% of global volume in 2020. The increasing newborn population in countries such as China and India coupled with growing income levels is expected to drive the demand for nonwoven fabrics in hygiene applications. Aging population in Japan is also expected to drive the demand for nonwovens in disposable applications such as adult incontinence products.
China is expected to be the largest consumer, globally, as reflected by the commissioning of additional capacities, as well as 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. Textile and apparel makers in the country are going through painful industrial restructuring. While the country, with enormous production capacity, is still the world's largest clothing exporter.
North-America Demand Outlook for Nonwoven Polyester Fabric Market
North America is also expected to witness significant market growth of nonwoven polyester fabric on account of rising production output coupled with expected rebound in construction activities over the forecast period. However, the maturity of several disposable goods markets such as diapers is expected to restrict the growth rate to a certain extent.
However, the construction and geotextile sector would provide much-needed new opportunity avenues for players in the market.
Who are the Key Manufacturers and Suppliers of Nonwoven Polyester Fabric?
Some of the leading manufacturers and suppliers of Nonwoven polyester fabric including
· Ahlstrom-Munksjo (Finland)
· Berry Global Inc. (USA)
· Glatfelter Company (USA)
· DuPont (USA)
· Lydall Inc. (USA)
· Fitesa (Brazil)
· TWE Group (Germany)
· Freudenberg Group (Germany)
· PFNonwovens (Czech Republic)
Several key market participants are focusing on new & innovative product development to cater to the growing demand from the end-use sector. Key players are investing an enormous amount in research and development to introduce new products and they are also investing to manufacture products in a sustainable way, to decrease carbon emissions.
Key players are also focusing on acquisitions of small and medium-sized players and collaborations with other market participants either for R&D or to manufacture the product at a large scale.
The Nonwoven polyester fabric report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.