LEATHERHEAD, UK and AKRON, OH, July 23, 2019-

In 2019 hundreds of nonwoven products are in use globally. Such a diversity leads to equally diverse supply chains, competitive environments, drivers, trends and regulatory issues.

Smithers Pira’s latest market report, ‘The Future of Global Nonwoven Markets to 2024’ forecasts the global consumption of nonwovens to grow from a projected $46.8 billion in 2019 at an annual rate of 6.7% during 2019-2024 to reach $64.8 billion in 2024. This reflects confidence that relatively short-term issues like the China–US trade war, Brexit uncertainty, and other global issues affecting economic growth will be resolved (or at least accounted for) and nonwovens will grow at increased rates, especially after 2021.

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