Airlaid Non-woven Fabric Market Report For Referecece
2024-12-18 22:00
Airlaid Non-woven Fabric Market Report
The airlaid nonwoven fabric market has experienced significant growth and is projected to continue expanding in the coming years. In 2022, global consumption reached 574,800 tonnes, valued at approximately $2 billion. This represents a growth rate of 4.7% in tonnage, 3.8% in square meters, and 8% in dollar terms from 2017 to 2022. Looking ahead, growth rates are forecasted at 6% in tonnage, 5.3% in square meters, and 7.7% in dollar terms from 2022 to 2027.
The market is expected to tighten, with supply and demand projected to reach over 94% globally by 2027. This tightening is attributed to increased demand across various applications, including hygiene products, medical supplies, and food packaging. The flexibility of airlaid technology allows for the processing of short fibers, enabling its use in diverse applications such as bio-wipes, technical wipes, absorbent hygiene products, food pads, napkins, and tablecloths.
The growing emphasis on sustainability and the need for bio-based materials are driving the adoption of airlaid nonwovens. Producers are focusing on developing environmentally friendly products to meet the increasing demand for sustainable solutions. However, the industry faces challenges, including intense competition and rising energy and raw material costs, which have impacted profitability.
In summary, the airlaid nonwoven fabric market is poised for continued growth, driven by its versatility and the increasing demand for sustainable materials across various industries. However, producers must navigate challenges related to competition and cost pressures to maintain profitability and meet market demands.
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