A New Report Offers a Comprehensive Worldwide Study of Nonwoven Supply and Demand
November 21, 2024, Cary, North Carolina & Brussels, Belgium The Global Nonwoven Markets Report, A Comprehensive Survey and Outlook, 2023–2028 has been released and is now accessible for purchase on the websites of EDANA, the Voice of Nonwovens, and INDA, the Association of the Nonwoven Fabrics Industry.
This most recent version provides a thorough examination of supply and demand patterns, global nonwoven macro factors, and an extended section on regional commerce. Over the next five years, the research projects a consistent increase in demand for nonwovens across important industries.
Among the report’s main conclusions are:
- Production Growth: The spunlaid and needlepunch processes were the main drivers of the nonwoven production’s notable 5.4% annual growth between 2013 and 2023.
- Regional Production: From 2013 to 2023, China contributed an extra 4.5 million tonnes, representing a phenomenal 9.4% annual growth rate, leading the world in production growth.
- End-Use Expansion: Among nonwoven end-use applications, the wipes, medicinal, and transportation categories saw the fastest growth.
The report’s co-authors, Mark Snider, Chief Market and market Analyst at INDA, and Jacques Prigneaux, Market Analysis & Economic Affairs Director at EDANA, stated that the worldwide nonwovens market is evolving favourably due to efforts towards innovation and sustainable goods.
For North America, Greater Europe, Asia, and South America, this research provides a thorough analysis of regional demographics, production projections, technology developments, and investment outlooks. It also offers insights into upcoming industry trends, end-use segmentation, and an economic trade analysis.
“INDA and EDANA, as strategic partners, are dedicated to long-term expansion and innovation throughout the nonwovens supply chain. INDA President Tony Fragnito stated, “This report represents our collective best estimate of future demand, based on sound macro-economic analysis.” “This Global Nonwoven Markets Report is a crucial planning tool for everyone engaged in supply chain strategy for nonwovens.”
The need for trustworthy market data and predictive information is essential to running a profitable company. EDANA General Manager Murat Dogru said, “This new report, created by our two leading nonwovens industry associations, is based on decades of experience, careful observation, and direct data collection from hundreds of companies.” “Made by the industry for the industry, it is the most authoritative, dependable, and distinct source of nonwoven data available.”
Availability: On November 21, 2024, the report will be made available for purchase and download.