Smithers forecasts 6.7%/year average growth rate for global nonwoven fabric industry
LEATHERHEAD, SURREY, UK and AKRON, OH, November 29, 2021-
Hygiene (nappies and diapers), feminine hygiene, industrial nonwovens and wipes will all contribute to further growth in world demand for nonwovens over the next five years.
The new expert study from Smithers – The Future of Global Nonwovens to 2027 – projects overall global consumption in 2021 will reach 12.30 million tonnes, worth $51.86 billion. This reflects a market that has performed well over the past two years. A surge in demand for wipes, medical nonwovens, and meltblown facemask substrates in particular have offset slackening demand in many industrial segments due to manufacturing shutdowns during the pandemic peak in 2020.
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