Spunbond Nonwoven Market Forecasts to 2028 – Global Analysis By Material Type (Polyester Spunbond Nonwoven, Polyethylene Spunbond Nonwoven), Application (Personal Care & Hygiene, Packaging), and By Geography
According to Stratistics MRC, the Global Spunbond Nonwoven Market is accounted for $19.82 billion in 2021 and is expected to reach $29.80 billion by 2028 growing at a CAGR of 6.0% during the forecast period. Spunbond Nonwoven fabrics are made up of the continuous process of fibers spun and directly dispersed into a web-like deflector or can be directed with air streams. This process leads to a faster belt speed. Spunbond nonwoven products are produced by a bonding process, web formation, and integrated fiber spinning. They are porous flat sheets and fabric-like materials that are extremely smooth and energy-efficient. These nonwoven fabrics find their application in wall covering, dust covers, dash insulators, sanitary napkins, crop covers, face masks, air filters, carry bags, and posters & banners.
It is projected that the revenue of manufacture of non-wovens and articles made from non-wovens, except apparel in the United Kingdom will amount to approximately 176.36 million U.S. Dollars by 2025. Looking to the future, such growth is expected to continue. Admittedly, the COVID-19 pandemic has put a dampener on growth in certain end use markets but the market for personal protective equipment (PPE) is estimated to have surged in 2020 and demand is expected to be maintained at its heightened level in the short to medium term. Furthermore, growth in demand for products made from nonwoven fabrics in Asia is set to recover more rapidly than in Western economies and, as a result, China and India are set to become the largest markets for such products in the world.
The key advantages of spunbond nonwovens are the effortlessness of manufacturing, high handling speeds, low cost of production, and the capacity to produce fabrics of diverse weights and functions. The increasing consumer adaptability of spunbond nonwoven fabrics has influenced traditional fabric manufacturers to accelerate the pace of innovation and upgrade traditional fibers. The increase in adoption is attributed to the accelerated demand for products that offer flexibility, durability, and superior functionalities such as safety, high strength, and lightweight.
Fluctuation of raw material prices
One of the factors hampering market growth is the volatility of raw materials prices. The raw materials are polypropylene, polyethylene, and polyester. Prices of these raw materials fluctuate daily and can lead to high manufacturing costs. Moreover, the rising pollution rate due to disposable Non-woven products being thrown out regularly along with daily medical waste added to the litter pile is a concerning factor to the government. Additionally, these materials are derived from crude oil, an increase in the prices of crude oil results in a price hike of the raw materials, thus impacting the market growth.
Rise in demand from personal care and medical industries
Due to technological advancement and economic development personal care and medical industries are increasing at a rapid pace which in turn leading to high demand for technical textiles. They are used for making masks, gloves, bandages, and surgical gowns. Companies are also supporting and manufacturing new products to meet the growing consumer demand during the pandemic. Furthermore, decreasing chances of infection, maintenance of personal hygiene is predictable to become a trend in the coming years.
High cost & barriers for small to medium-sized enterprises
The primary capital involved in setting up a manufacturing plant is very high. Rapid technological innovations have led to the expansion of highly advanced equipment, which is expensive. Generally, the players with high investment capabilities are entering the market, as returns are high in the long term. However, the entry barrier for small and medium-sized manufacturers is very high. Small and medium-sized manufacturers fail to enjoy the cost-benefit ratio in the long term as they cannot make initial investments.
Polypropylene Spunbond Nonwoven segment is expected to be the largest during the forecast period
Polypropylene Spunbond Nonwoven segment is expected to be the largest during the forecast period, owing to increasing consciousness concerning the benefits of polypropylene and increasing demand for polypropylene spunbond nonwoven material by several end-use industries such as medical and personal care & hygiene is predictable to drive polypropylene spunbond nonwoven demand.
The Disposable segment is expected to have the highest CAGR during the forecast period
The disposable spunbond nonwoven segment is anticipated to witness significant growth in the spunbond nonwoven market, as it is used in large volumes in medical and personal care sectors; hence, the segment has the largest revenue share. Moreover, the disposable segment includes products such as face masks, hygiene products, sanitary napkins, and face wipes, and it accounted for the dominant share in the market. The growth in the segment can be associated with the uses such as one-time use, cheap price, and better quality, thus resulting in high for spunbond Nonwoven products. Additionally, consumer preference for disposable products owing to their relative convenience is further driving the segment growth.
Region with highest share:
The North America is projected to hold the highest market share. The growth can be attributed to a rise in product demand for diapers and feminine care products. Moreover, the rise in the use of adult continence products owing to the growing geriatric population has a positive impact on industry growth. Additionally, increasing per capita income in this particular province are some of the factor motivating the market growth.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR, owing to high product demand production of automotive interior materials. Moreover, growth in economic development and rising population, leading to high demand for personal care & hygiene products. The population in the province is increasing which is leading to growth in construction, automotive, and medical industries which in turn is leading to high consumption of spunbond nonwoven products, thus surging the market growth.
Key players in the market:
Some of the key players profiled in the Spunbond Nonwoven Market include Toray Industries, Inc., Schouw & Co, Fibertex Nonwovens, Pegas Nonwoven SA, Mitsui Chemicals, Inc., Kuraray Co., Ltd., Kt Exports (India) Pvt. Ltd., Kolon Industries, Inc, Kimberly-Clark Corporation , Johns Manville Corporation, Fitesa S.A., Fiberweb (India) Ltd., E. I. Du Pont De Nemours and Company, Berry Plastics Group, Inc., Bayteks Tekstil San. Ve Tic. A.S., Avgol Nonwoven , Asahi Kasei Corporation, Ahlstrom Incorporation, Advanced Fabrics (Saaf).
In January 2019: Avgol Nonwovens launched a range of breathable spunbond nonwovens. The enhanceFIT family is developed to meet the evolving product designer needs, such as lightweight fabrics, improved elasticity, and barrier and breathable performance properties. This fabric is launched to meet the needs of specific markets such as hygiene, medical, and industrial applications.
In March 2021: Fibertex Nonwovens, a subsidiary of Schouw & Co. announced that it made an investment for capacity expansion in two company plants in U.S. The company is also investing the same amount in plants in Europe for capacity expansion in Czech Republic and Turkey.
In September 2020: Schouw & Co. announced that it had expanded production lines of nonwovens in Malaysia and the US. These production lines will increase the capacity of the company’s Fibertex Nonwovens business by 10%. This development will help Schouw & Co. establish itself as one of the leading players in the spunbond nonwovens market.
Material Types Covered:
• Polyester Spunbond Nonwoven
• Polyethylene Spunbond Nonwoven
• Polypropylene Spunbond Nonwoven
• Other Material Types
• Personal Care & Hygiene
• Other Applications
• North America
Rest of Europe
• Asia Pacific
Rest of Asia Pacific
• South America
Rest of South America
• Middle East & Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook