Nonwoven Cotton Market Forecast and CAGR
According to latest research by Fact.MR., Nonwoven Cotton market is set to witness significant growth during the period of 2021-2031. The demand for this product will witness steady recovery in short-term, with optimistic outlook for the long-term. Demand from healthcare industry is expected to account for significant share of the global market during the forecast period, while sales of Nonwoven Cotton in personal care sector would continue to grow at a rapid pace.
What is Driving Demand for Nonwoven Cotton?
The usage of feminine hygiene products has gained wide acceptance all over the world. Nonwoven Cotton is used in the manufacture of sanitary pads that offers various characteristics such as compostable, flushable and comfortable alternative to man-made fibers. Thus it is an effective and convenient substitute for traditional textile materials due to its higher absorbency and hypoallergenic properties. Such characteristics has led to a boost in market demand for Nonwoven Cotton based products.
It is a desirable raw material for wipes in the personal care industry because they work better than synthetics and have good acceptance among customers. Thus growth in demand for feminine sanitation products and personal care products is a major factor estimated to drive the market in the near future.
Healthcare Segment Projected to Augment Nonwoven Cotton Sales
Healthcare industry is struggling with a massive imbalance in supply and demand in view of the global pandemic. The manufacturers are dealing with an abnormal surge in demand given the growing requirement for medical supplies. The situation is projected to stabilize by the second quarter of 2021, while the demand would continue to increase.
Thus material is widely used in healthcare and personal care products for a multitude of application need such as baby diapers, cosmetic wipes, hygiene products, adult incontinence products, medical bandages, cleaning wipes, equine bandages, and many more.
The growing nonwovens market presents a number of opportunities for both the cotton industry and nonwovens manufacturers that are elect to use Nonwoven Cotton fiber in their material or products.
Europe Nonwoven Cotton Market Outlook
The ageing population trend in developed regions like North America and Europe is expected to drive demand for adult incontinence products in these region. According to UN data, regions with high GDP per capita, such as North America, Europe and Japan are experiencing declining in fertility rates, while average life expectancy has increased in view of the betterment in medical care & facilities. As a result, the percentage share of the elderly in the total population in has increased.
Rising adult population in Germany and Italy is expected to fuel the demand for non-woven adult incontinence products over the forecast period, while increased healthcare spending would also impact demand, thus catalyzing the demand of the nonwoven cotton market.
APAC Demand Outlook for Nonwoven Cotton
Increasing demand for baby diapers is driving demand in Asia Pacific region. Moreover, the market demand in China is high, although per capita consumption in the country is still comparatively lower than North America and Europe.
According to UN Population Division data, the fertility rate in most parts of the world is declining at a slowly pace, while the child population in Asia Pacific is expected to rise in the near future. This is primarily due to China's relaxation of its one-child policy and rising birth rates in ASEAN countries.
Simultaneously, the Nonwoven Cotton demand for disposable diapers is expected to rise as the number of children in developing countries with GDP per capita of more than $1,000 rises. Emerging economies like Indonesia, the Philippines, and Vietnam, which have low disposable diaper penetration and high birth rates, are expected to be the region's fastest-growing markets.
Who are the Key Manufacturers and Suppliers of Nonwoven Cotton?
Some of the leading manufacturers and suppliers include
- WPT Nonwovens
- Qingdao L&A Orient Nonwoven
- Novita SA
- Unitika
- Marusan Industry
- Autotech Nonwovens
- Anmol Nonwoven
- ACME
- Others
Manufacturers and brands that incorporate cotton into their nonwovens can also qualify to use the well-known Seal of Cotton trademark for marketing purposes. The growing nonwovens category presents opportunities for the cotton industry, as well as for nonwovens manufacturers who elect to include cotton fiber in their products. Key players are expanding capacities to meet new demand. In 2020, Fitesa Company has increased its production capacity by signing four new project with Reicofil (Germany), a technology provider. The deal includes state-of-the-art equipment that will significantly increase the capacity to serve the healthcare & hygiene industry, making nonwovens for drapes, surgical, medical gowns& N95 facemasks and sanitary products and diapers.
Nonwoven Cotton 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
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Key Segments
By Type
- Cross-Layer
- Parallel
By Application
- Diapers
- Baby wipes
- Feminine napkins
- Tampons
- Adult incontinence Products
By End-use Industry
- Healthcare
- Automotive
- Personal Care
- Consumer Products
By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- Italy
- France
- U.K.
- Spain
- BENELUX
- Russia
- Nordics
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia Pacific
- India
- ASEAN Countries
- Oceania
- Rest of South Asia Pacific
- Middle East and Africa
- GCC Countries
- Turkey
- 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.
- Frequently Asked Questions -
Why is the Nonwoven Cotton market witnessing major growth?
During the forecast period, the healthcare industry is predicted to hold a major share of the global market, while revenues of Nonwoven Cotton in the personal care sector are predicted to grow rapidly.
What are the top players in the Nonwoven Cotton market?
WPT Nonwovens, Qingdao L&A Orient Nonwoven, Novita SA, Unitika, Marusan Industry, Autotech Nonwovens, Anmol Nonwoven, ACMEare the top players in the Nonwoven Cotton market.
Where will the Nonwoven Cotton market generate its major market share?
Due to the adult population along with increased healthcare spending in Germany and Italy Nonwoven Cotton market will generate its major revenue in these nations.
How much is the Nonwoven Cotton Market likely to be Worth in 2022?
The nonwoven cotton market is likely to be worth US$54.66 Million in 2022.
Why Nonwoven Cotton Market has High Growth potential?
The nonwoven cotton market has high growth potential due to the rising trend and demand for nonwoven products in the healthcare sector.
Where will Manufacturers find the Most Opportunities in the Nonwoven Cotton Industry?
The manufacturers in the nonwoven cotton industry are likely to find the most opportunities in the North American region.