APAC Market Statistics
Asia Pacific industry is expected to dominate majority revenue share of 42% by 2037, backed by growing birth rate in this region, along with surge in improvement in literacy rate which is driving people towards more hygienic products. Owing to this the two major factors, the demand for diapers is also growing. Moreover, growing urban population is also estimated to boost the growth of the market. In the Asia-Pacific area, urbanization is still an important megatrend to watch. More than 2.2 billion people, or 54% of all urban dwellers worldwide, reside in Asia. It is anticipated that 1.2 billion more people would live in metropolitan areas in Asia by 2050, a growth of 50%. This urban people are estimated to spend more on interior of the homes. Nonwovens have a wide range of uses in the home, from cleaning and filtering to enhancing the interior design. High performance nonwovens could be used in bedrooms, kitchens, dining areas, and living rooms to provide cozy, useful, hygienic, safe, stylish, and clever solutions for modern life. Hence, the demand for nonwoven fabrics market is estimated to grow in this region.
North American Market Forecast
The North America nonwoven fabrics market is estimated to be the second largest, to have the highest growth. Given the growing worries about safety and sanitation among the region’s female population, the market in the North America is predicted to rise. Nonwoven fiber producers would probably have to adjust their focus to producing durable products as a result of shifting trends in the sanitary business in the United States to replace disposable protective items. On the other hand, given a rise in nonwoven fabric use across a wide range of applications, Canada is anticipated to propel future growth in the North American region. To boost the products' sustainability, they are commonly employed in hygiene and healthcare items.
Europe Market Forecast
Additionally, the nonwoven fabrics market in Europe region is also estimated to have a significant growth over the forecast period. One of the most significant industries that supports the region's still-emerging but rising technical textile industry is the nonwoven fabric sector in Europe. The manufacturing of functional textiles and nonwoven goods is receiving strong investment from an increasing number of developed markets in Europe, and as a result, the demand for nonwoven fabrics is steadily rising. After the North America region, it is the market with the third-largest nonwoven fabric revenue.
Author Credits: Rajrani Baghel
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