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| High Growth Reported for the World Nonwovens Study |
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| Global demand for nonwoven fabrics is forecast to climb 6.9 percent annually through 2012 to 8.0 million metric tons. Product sales will grow faster in area terms, rising 7.2 percent per year to 172 billion square meters, due to a modest decrease in averagenonwoven fabrics weight. Essentially all of this decline will occur in developing parts of the world, reflecting greater demand in these areas for a variety of lighter weight disposable nonwoven products, supported by nonwoven fabrics manufacturers' efforts to make them more affordable to potential customers by marketing thinner, but still functional goods. Nonwoven fabric sales will expand at a slower 6.1 percent rate in dollar terms due to a decline in average product prices. Market gains in developing parts of Asia/ Pacific, Eastern Europe, Africa/Mideast and Latin America will outpace demand in the US, Western Europe and Japan. Nonwovens sales in these areas will be fueled by above-average economic growth, ongoing industrialization efforts and rising living standards. The BRIC countries -- Brazil, Russia, India and China -- and Mexico will register some of the strongest market advances. China alone will account for 38 percent of all additional product demand through 2012 and surpass the US to become the largest nonwoven fabric market in the world. Growth is also expected to be healthy in lower-volume markets such as Poland and Turkey. |
Adapted from Zend Non-wovens Co., LTD : www.non-wovens.com |
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