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Spunbond Nonwovens Market Insights, Leading Players, Growth and Future Scope
The Asia-Pacific region emerged as the largest spunbond nonwovens market in the past.
By: P&S Intelligence
This fabric is used as a raw material in disposable medical products like face masks, gloves, drapes, patient gowns, and wipes. Increasing usage of these products to reduce the incidence of hospital-acquired infections (HAIs) will fuel the spunbond nonwovens market at a CAGR of 8.1% during 2018–2023. According to P&S Intelligence, the market value is expected to grow from $11,040.1 million in 2017 to $17,651.9 million by 2023. With the improvement in the medical and healthcare industries in a number of African and Asian countries, the requirement for this fabric will amplify tremendously.
Additionally, spunbond nonwovens are also used in diapers, feminine hygiene pads, and toddler training pads. Owing to the growing per capita income and surging awareness on personal hygiene, the consumption of this fabric is expected to witness a considerable rise in the coming years. Moreover, the booming population of the elderly in countries like Italy, Japan, and Germany will accelerate the requirement for adult incontinence products in the foreseeable future. Soaring demand for such products will, therefore, boost the adoption of spunbond nonwovens in these countries.
Globally, the Asia-Pacific (APAC) region led the spunbond nonwovens market (https://www.psmarketresearch.com/
Thus, the rising awareness about personal hygiene products and improving healthcare and medical industries will amplify the consumption of spunbond nonwovens in the coming years.