Airlaid Textile Market Forecast and CAGR
According to the latest research by Fact.MR, Airlaid Textile market is set to witness steady growth during 2021-2031. Demand for the market has not been impacted to a great extent in the long term and maintains an optimistic growth outlook in the long run. Wipes and Feminine hygiene are currently the most popular applications and account for more than half of the market share.
What is Driving Demand for Airlaid Textile?
There is high demand for Airlaid Textile in developed countries for feminine hygiene and adult incontinence products, combined with rapid population ageing and growing spending on elderly care. The adoption of feminine hygiene products in developing countries has grown by leaps and bounds in the wake of dedicated campaigns by the civil society and government departments. The improved access to sanitation products for female population in developing countries, particularly in the rural areas has contributed to substantial growth for the market.
Strong demand for wipes and food pads, improving economic conditions, sophisticated cultural preferences, and high use of hygiene products are the factors driving the Airlaid market growth.
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Personal Care Products Driving Demand for Airlaid Textile
A wipe is a wet, disposable cloth and which is used for cleaning surfaces. It is also used as an antiseptic fabric for skin cleaning. Wipes are an efficient carrier for cost-effective application of a wide range of active ingredients. The wipes market consist of sales of wipes and related services used in the personal, industrial sectors and household application. The growing usage of these products has had a positive impact on the demand for airlaid textiles.
In the wake of the COVID-19 pandemic there is an increased focus on maintaining personal hygiene and cleanliness. Such factor will further contribute to the demand for personal hygiene and care products thus enabling market growth.
US and Canada Airlaid Textile Market Outlook
US is one of the most prominent markets, with strong domestic demand for personal as well as industrial appliations. Although the restrictions relating to the pandemic did have a significant impact on the overall supply chain of the market, demand witnessed only marginal impact. Demand is expected to rebound fully by the second quarter of 2021 as the country eases previous restrictions on movement of people and goods.
The textile industry in the United States is a supplier to three major industrial end-use sectors: apparel, floor coverings and home textiles, as well as technical textiles used in manufactured industrial production.
US Airlaid Textile sales will also be impacted by the Industrial sector recovery in 2021. The US Industrial sector faces various challenges, however there is growing optimism that a successful nation-wide vaccination drive will ensure the economy opens up sooner rather than later, helping boost demand.
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Europe Demand Outlook for Airlaid Textile
Most of the countries in the EU have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. Restrictions on mobility, drop in personal incomes and weak industrial sector had strong repercussions on overall state of the economies.
However demand for personal sanitation and hygiene products managed to hold its own to some extent. Supply side restrictions did exert additional strain on the overall balance of the market. However the gradual resumption of factories in East Asia in the second half of 2020 eased the supply constraints. The market in Europe is forecast to continue on upward growth trend during the forecast period
Who are the Key Manufacturers and Suppliers of Airlaid Textiles?
Some of the leading manufacturers and suppliers of airlaid textile include Glatfelter, Georgia-Pacific, McAirlaid’s Vliesstoffe, Duni AB, EAM Corporation?Domtar?, Fitesa, Oji Kinocloth, Kinsei Seishi, M&J Airlaid Products, Main S.p.A., C-airlaid, ACI S.A., National Nonwovens, China Silk (Shanghai) New Material Technology, Qiaohong New Materials, Ningbo Qixing Nonwoven, and Elite Paper.
Many leading manufacturers are developing new and much more efficient products to stay ahead of the competition. For instance, Latex-Bonded Airlaid fabrics with high wet strength and softness were developed which are used as dry/wet towels as well as toilet papers. Increasing focus on research and development by the key players will ensure rapid new product developments, which will increase the overall intensity of competition in the market.
An Adaptive Approach to Modern-day Research Needs
Airlaid Textile Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
By Product Type
- Feminine Hygiene
- Consumer Wipes
- Adult Incontinence
- Industrial Wipes
- Food Pads
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia Pacific
- ASEAN Countries
- Rest of South Asia Pacific
- Middle East and Africa
- GCC Countries
- Northern Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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