Global Demand for Nonwovens is Forecast to Rise
2017-04-17 16:59:25
Global demand for nonwovens is forecast to rise 5.3% annually to 9.0 million metric tons in 2017. However, there is a great deal of variation among different regions and countries. Countries with well developed manufacturing sectors and a population with relatively high personal incomes, such as the US, Japan, and West European countries, have well established nonwovens markets. In these areas, nonwovens are prevalent in the production of a variety of goods, and individuals have the financial capability to purchase nonwoven-based consumer items. Demand for nonwovens in developed countries is expected to accelerate from the pace set from 2007 to 2012, when recessionary conditions for most of the period brought outright declines in manufacturing and construction activity. Despite the acceleration, growth in nonwovens demand in developed areas will remain well below the global average as continued industrialization and increasing personal incomes in developing countries promote nonwovens demand.
Ongoing economic advances in China and other developing countries will promote the development of manufacturing sectors, providing opportunities for nonwovens in a variety of goods, such as filters. With respect to consumer goods, rising incomes and standards of living will propel individuals to purchase convenience items, promoting the production of disposable infant diapers among other items that are made with significant amounts of nonwoven fabrics.