Global Nonwovens Market to Reach $50.8 Billion in 2020
Smithers Pira, U.K., has launched a line of market reports that will provide detailed information regarding the nonwoven fabrics industry. These reports, previously published by sister-organization Smithers Apex, will complement Smithers Pira’s existing offering of market data reports as well as the company’s recognized history and expertise in materials testing and consultancy.
"Smithers Pira has developed a strong reputation for providing authoritative market intelligence and independent market insight," said Adam Page, director of reports and consultancy at Smithers Pira. "The nonwovens sector is a natural fit for Smithers Pira, and by integrating our business expertise in the pulp, paper, and nonwovens industries, we can continue to meet our global customers’ research needs."
The global nonwovens market is expected to reach $50.8 billion in 2020, up from a value of $37.4 billion in 2015, according to Smithers Pira’s latest exclusive research. The market is predicted to increase by 6.3% on average y/y, thanks to global rising demand.
Focusing on emerging sectors within the nonwovens industry, recent reports published by Smithers Pira include:
- The Future of Flushable Wipes to 2020, which explores the growth of the global flushable wipes market based on an unprecedented increase in the supply of dispersible nonwovens
- The Future of Nonwovens for Industrial Applications to 2020, which predicts that the value of industrial nonwovens consumed will total $27.4 billion, for a projected growth rate of 6.9% by the year 2020
- The Future of Cleaning and Disinfecting Wipes to 2020, which explores rising demand in hospitals and other healthcare institutions and changing consumer perceptions of disinfecting wipes as more of a necessity than a luxury product.
The reports produced by Smithers Pira examine the main drivers for this growth, based on a mixture of primary author research, secondary sources, and ongoing research programs conducted by the company’s global market research team. The reports are designed to provide insightful forecasts for product managers and engineers, manufacturers, machinery suppliers, raw materials suppliers, brand owners and retailers, consultants, analysts, and all those involved in the nonwovens supply chain.
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