Global Spunbond Nonwoven Products Market Growth 2024-2030
Spunbond Nonwoven Products: Valued at US$ 20.75 billion in 2023, projected to reach US$ 38.09 billion by 2030, with a 9.1% CAGR, driven by growing demand in the downstream market.
According to Publisher’s latest study, the global Spunbond Nonwoven Products market size was valued at US$ 20750 million in 2023. With the growing demand in the downstream market, the Spunbond Nonwoven Products is forecast to a readjusted size of US$ 38090 million by 2030 with a CAGR of 9.1% during the review period.
Market Overview
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The research report highlights the growth potential of the global Spunbond Nonwoven Products market. Spunbond Nonwoven Products are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimisation remain crucial for the widespread adoption of Spunbond Nonwoven Products. Market players must invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalise on the immense opportunities presented by the Spunbond Nonwoven Products market.
Key Features:
The report on the Spunbond Nonwoven Products market reflects various aspects and provides valuable insights into the industry.
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Manmayi Raval
Research Consultant
Market Drivers: Spunbond nonwovens have many benefits, including ease of manufacturing, high processing speeds, low production costs, and the capacity to produce textiles with a variety of weights and uses. Spunbond nonwoven materials' growing consumer adaptability has forced traditional fabric producers to improve their traditional fibres and quicken the pace of innovation. Adoption has increased, which is explained by the faster-than-expected need for products with improved functionality including safety, high strength, and lightweight, as well as flexibility and durability. Among many other end users, disposable spunbond nonwovens are the most popular textiles for personal care hygiene and medical applications. Disposable spunbond nonwovens are single-use materials with a short shelf life that are mostly utilized in wipes, adult incontinence products, baby items, and feminine hygiene products.
Challenges- Price volatility for raw materials. Spunbond nonwovens are mostly made of polypropylene, polyester, and polyethylene as raw ingredients. Any shift in the availability or demand for these raw materials could have a significant effect on the spunbond nonwovens market. Since these materials come from crude oil, a rise in the price of crude oil also raises the price of the raw materials, which affects the spunbond nonwoven market. Variations in the cost of raw materials have an impact on manufacturers' operating margins as well, which makes it harder for them to remain competitive.
Obstacles to entry for small and medium-sized businesses in developing nations. Spunbond nonwoven production is a capital-intensive process, requiring a substantial initial investment to establish a manufacturing facility. High-tech equipment has become more and more expensive due to the rapid advancement of technology. Since long-term rewards are significant, players with strong financial capabilities are often joining the market. For small and medium-sized manufacturers, however, the entry hurdle is extremely high. Due to their inability to make initial expenditures, small and medium-sized manufacturers do not gain from the cost-benefit ratio over the long run.
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Market Forecasts and Future Outlook: Material science innovations: The development of next-generation spunbond nonwoven materials with improved properties like breathability, barrier performance, and antimicrobial properties is made possible by developments in polymer science and nanotechnology. These materials open up new possibilities for applications in healthcare, filtration, and protective textiles.
Prioritize efforts related to the circular economy: Investments in recycling technology and closed-loop material cycles are fueled by the shift towards circular economy models and sustainable manufacturing practices, which encourage the use of recycled and bio-based feedstocks in spunbond nonwoven production.
Extension into Emerging Applications: Thanks to developments in material engineering and market diversification, makers of spunbond nonwovens are seeing growth prospects in emerging applications including as automobile interiors, construction composites, and personal protective equipment (PPE).
Opportunities: Investments in Asia-Pacific developing nations. Global players are drawn to Asia Pacific's growing nations, such as China, India, and Southeast Asian nations, to establish their manufacturing bases. The consumer base in nations like China and India is pressuring producers to meet the growing demand for high-quality items and cutting-edge technologies. The makers of spunbond nonwovens have been able to meet the growing demand in the area and provide these end users with high-quality goods thanks to increased investments in different technological, infrastructure, and research and development sectors. Additionally driving these markets are economic expansion and the ensuing rise in end-use industry demand.
Market Segmentation:
The Spunbond Nonwoven Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. From the perspective of product type, PP spun-bonded nonwovens are the largest market segment, accounting for 50% of the market share. From the perspective of application, personal care and hygiene share is the largest, about 36%.
1. Segmentation by type
• PP Spunbond Nonwoven
• PET Spunbond Nonwoven
• Composite Nonwoven
2. Segmentation by application
• Personal Care and Hygiene
• Medical Products
• Agriculture
• Package
• Automotive
• Others
Regional Insights: Due to the region's fast industrialization, population expansion, and growing end-user industries in places like China, India, and Southeast Asia, Asia-Pacific now controls the majority of the global market for spunbond nonwoven products. Spunbond nonwoven products find a large market in America thanks to the country's developed healthcare industry, strict hygienic regulations, and advancements in nonwoven production technology. The need for environmentally friendly spunbond nonwoven materials in packaging, medicinal, and hygiene applications is being driven by the emphasis on sustainability and circular economy principles in Europe. This demand is being backed by consumer preferences and governmental actions. China is the world's largest market with a market share of about 63 per cent, followed by Europe and North America with about 21 per cent and 12 per cent, respectively.
1. Americas
• United States
• Canada
• Mexico
• Brazil
2. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
3. Europe
• Germany
• France
• UK
• Italy
• Russia
4. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
Competitive Landscape- Major Global players in spun-bond nonwoven products include Berry Global, Freudenberg, DuPont, Hengtian Ka Hua and Kimberly-Clark. The top five players in the world by revenue account for almost 25 per cent. The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
• Berry Global
• Freudenberg
• DuPont
• CHTC Jiahua Nonwoven
• Kimberly-Clark
• Toray
• Avgol
• Fitesa
• Beautiful Health
• Jinjiang Xingtai Non-woven
• Asahi Kasei
• PFNonwovens
• Schouw
• Mitsui Chemicals
• Huahao Nonwovens
• Johns Manville
• Kingsafe
• Mogul
• Unitika
• Kolon Industries
• RadiciGroup
• Dalian Ruiguang
• Xinlong Holding
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Spunbond Nonwoven Products Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Spunbond Nonwoven Products by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Spunbond Nonwoven Products by Country/Region, 2019, 2023 & 2030
2.2 Spunbond Nonwoven Products Segment by Type
2.2.1 PP Spunbond Nonwoven
2.2.2 PET Spunbond Nonwoven
2.2.3 Composite Nonwoven
2.3 Spunbond Nonwoven Products Sales by Type
2.3.1 Global Spunbond Nonwoven Products Sales Market Share by Type (2019-2024)
2.3.2 Global Spunbond Nonwoven Products Revenue and Market Share by Type (2019-2024)
2.3.3 Global Spunbond Nonwoven Products Sale Price by Type (2019-2024)
2.4 Spunbond Nonwoven Products Segment by Application
2.4.1 Personal Care and Hygiene
2.4.2 Medical Products
2.4.3 Agriculture
2.4.4 Package
2.4.5 Automotive
2.4.6 Others
2.5 Spunbond Nonwoven Products Sales by Application
2.5.1 Global Spunbond Nonwoven Products Sale Market Share by Application (2019-2024)
2.5.2 Global Spunbond Nonwoven Products Revenue and Market Share by Application (2019-2024)
2.5.3 Global Spunbond Nonwoven Products Sale Price by Application (2019-2024)
3 Global Spunbond Nonwoven Products by Company
3.1 Global Spunbond Nonwoven Products Breakdown Data by Company
3.1.1 Global Spunbond Nonwoven Products Annual Sales by Company (2019-2024)
3.1.2 Global Spunbond Nonwoven Products Sales Market Share by Company (2019-2024)
3.2 Global Spunbond Nonwoven Products Annual Revenue by Company (2019-2024)
3.2.1 Global Spunbond Nonwoven Products Revenue by Company (2019-2024)
3.2.2 Global Spunbond Nonwoven Products Revenue Market Share by Company (2019-2024)
3.3 Global Spunbond Nonwoven Products Sale Price by Company
3.4 Key Manufacturers Spunbond Nonwoven Products Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Spunbond Nonwoven Products Product Location Distribution
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