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New report forecasts strong demand for nonwovens

11 Dec '15

2 min read

A new report, the 'Worldwide Outlook' published by two leading global trade associations, INDA and EDANA, forecasts strong market demand for nonwovens materials through the next five years.

“The fifth edition of the report is now available for purchase from both INDA and EDANA,” a press release from INDA informed.

The report informs that production is forecast to increase 5.7 per cent annually through to 2020.

China will lead the growth in production, adding an additional 1.2 million tons from the end of 2014 through to 2020, representing a 7 per cent annual growth rate.

Across the nonwoven technology methods, drylaid and carded hydroentangled production will expand at the fastest rate, adding 7.6 per cent annually.

“The worldwide nonwovens industry's prospects are excellent and it remains an exciting industry in which to be involved,” said the report's co-authors Jacques Prigneaux and Brad Kalil.

This comprehensive new report provides in-depth information and analysis of global nonwoven macro drivers; supply and demand forecasts and statistics; and regional trade analysis; among other topics.

The report includes detailed regional information and forecasts on production, technology and investment requirements for North America, Greater Europe, Asia and South America.

“The report further features regional views of economic growth, population, production by end use, and trade flows, while other key topics include energy and raw material usage,” INDA stated.

“This report provides the industry's best estimates on future demand by the key nonwoven segments predicated on sound macro-economic analysis,” said INDA president Dave Rousse.

“The Worldwide Outlook report is an essential planning resource for all those involved in global strategic planning for nonwovens across the supply chain,” Rousse also informed.

“EDANA general manager Pierre Wiertz said, “Together, EDANA and INDA are working to provide the industry with resources that contribute to the long-term growth and success of the nonwovens and related industries.” (AR)

Fibre2Fashion News Desk – India

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