Market Size of Asia-Pacific Non-Woven Fabric Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 36.76 Billion |
| Market Size (2029) | USD 38.44 Billion |
| CAGR (2024 - 2029) | > 8.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Non-Woven Fabric Market Analysis
The Asia-Pacific Non-Woven Fabric Market size is estimated at USD 36.76 billion in 2024, and is expected to reach USD 38.44 billion by 2029, growing at a CAGR of greater than 8% during the forecast period (2024-2029).
The Asia-Pacific non-woven fabric market is negatively affected by the COVID-19 pandemic. China was the worst hit by the COVID-19 pandemic in the region. The COVID pandemic resulted in lockdowns in China, India, and Japan, which negatively affected the automotive, textiles, and construction industries, thereby affecting the non-woven fabric market. However, the market recovered well after the restrictions were lifted. The market registered a significant growth rate recently due to rising demand for non-woven fabrics in the healthcare, textile, and automotive industries.
- The increasing application base in the healthcare industry, the growth in the automotive industry, and the increasing demand for non-woven fabrics in the textile industry are expected to drive the market for non-woven fabrics.
- The need for more awareness among consumers and the volatility in raw material prices are expected to hinder the market's growth.
- The rising awareness regarding personal care and hygiene industries is expected to provide opportunities for the market during the forecast period.
- China is likely to dominate the market due to the rising demand for non-woven fabrics in the construction, textiles, and healthcare end-user industries. It is also expected to register the highest CAGR during the forecast period.
