Report projects excellent outlook for nonwovens till 2023
A report by two leading non-woven trade associations has projected a strong demand for non-woven materials by 2023. The sixth edition of the Worldwide Outlook for the Nonwovens Industry for 2018-2023 was released by INDA, the association of the non-woven fabrics industry, and EDANA, the international association for the non-wovens and related industries.
Between 2008 and 2018, non-woven production increased by 5.7 per cent, led by growth in spunbond/spunmelt and dry laid hydroentanglement, according to the report.
China led the growth in production, adding an additional 3.3 million tonnes from the end of 2008 through to 2018, representing a 10.8 per cent annual growth rate.
Across the non-woven end use segments, transportation and wipes production expanded at the fastest rates, while absorbent hygiene applications recorded the highest incremental volume, with 1.3 million tonnes.
“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, market analysis and economic affairs director at EDANA, and Brad Kalil, director of market intelligence and economic affairs at INDA.
The report includes detailed regional information and forecasts on production, technology and investment requirements for North America, Greater Europe, Asia and the South America region.
EDANA helps its members to design their future, serving more than 250 companies in the non-wovens and related industries across 40 countries. INDA serves hundreds of member companies in the non-wovens and engineered fabrics industry in global commerce. (DS)
Fibre2Fashion News Desk – India