Non-Woven Fabric Prices September 2024
Product
|
Category |
Region |
Price |
Non-Woven Fabric |
Specialty Chemical |
Japan |
1435 USD/MT |
The non-woven fabric prices in Japan for Q3 2024 reached 1435 USD/MT in September and witnessed a downward pricing trend. Initially, the demand and supply were balanced, but instability in the price of Polypropylene (PP) caused fluctuations in fabric prices. Later in the quarter, prices dropped due to heightened production capacity and lower PP feedstock costs, easing production expenses. The decline in prices reflected both operational adjustments and the broader market pressure.
Non-Woven Fabric Prices June 2024
Product
|
Category |
Region |
Price |
Non-Woven Fabric |
Specialty Chemical |
Japan |
1320 USD/MT |
The non-woven fabric prices in the Japan for Q2 2024 reached 1320 USD/MT in June. Significant price swings were experienced by Japan's nonwoven fabric market, primarily due to seasonality and general market conditions. Due to weak demand in downstream industries, especially textiles, prices gradually declined over the quarter. Constant feedstock costs for polypropylene further contributed to this drop by restraining any opportunity for pricing increases.
Non-Woven Fabric Prices December 2023
Product
|
Category |
Region |
Price |
Non-Woven Fabric |
Specialty Chemical |
China |
1456 USD/MT |
The price of non-woven fabric in China during Q4FY2023 witnessed a surge towards the end of November due to a slight increase in the costs of raw materials like polypropylene. However, the market remained flexible because of innovations in manufacturing processes and the introduction of alternative materials, which led to a concluding price of 1456 USD/MT.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the non-woven fabric price trend.
Global Non-Woven Fabric Price
The report offers a holistic view of the global non-woven fabric pricing trends in the form of non-woven fabric price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of non-woven fabric, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed non-woven fabric demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Non-Woven Fabric Price
Q3 2024:
During the third quarter of 2024, the market in Europe witnessed upward pricing pressures due to a mix of supply constraints and steady demand. Initially, production was hindered by maintenance shutdowns at various production facilities in the region, reducing overall output and resulting in lower inventory levels. This tightening of supply placed an upward strain on prices. Although the demand for nonwoven fabric from major sectors such as medical use, coupled with hygiene products, and industrial uses stayed stable, it helped prevent larger price drops, as consumers sought consistent supplies. The shortage of feedstock, combined with constrained production capabilities, created challenges for producers to meet the demand, impairing the market's rigidity.
Q2 2024:
Amidst a dwindling textile industry, the market saw a range of pricing fluctuations in Q2 2024. Due to favorable feedstock costs and consistent demand, especially from the hygiene industry where consumption is driven by necessities like sanitary items and diapers, nonwoven prices were high at the beginning of the quarter. This demand, which reflected the significance of applications related to hygiene, kept prices in a positive trend. High polypropylene (PP) costs, when paired with robust demand, drove prices higher in the first quarter and kept them rising. However, there was a change in the second half of Q2 as higher production and better supply caused PP prices to decline. Prices of softer nonwoven fabric were brought into line with the lower cost base as a result of the decline in raw material costs.
Q4 2023:
The European region experienced a mixed-price trajectory in Q4FY2023. The market saw moderate to low supply of non-woven fabric and decreased demand among major countries. Although, the price of non-woven fabric encountered a slight increase in some regions due to heightened costs of raw materials. However, due to the rising exploration of alternative materials and innovations in manufacturing processes, the market remained resilient.
Detailed price information for non-woven fabric can also be provided for an extensive list of European countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Non-Woven Fabric Price
Q3 2024:
The third quarter of 2024 witnessed a significant downturn in the North American nonwoven fabric market, primarily owing to reduced demand for nonwoven fabric from key industries. A slower pace of consumption in several sectors placed considerable strain on the market, leading to a decrease in fabric prices. Furthermore, traders anticipating the hurricane season stockpiled large amounts of inventory, inadvertently flooding the market with excess supply. This surplus further aggravated the downward pricing trend. The combination of a weak demand and an oversupply of stock led to a persistently lower pricing environment throughout the quarter, emphasizing the difficulties encountered by the industry in navigating these market challenges.
Q2 2024:
The North America market, which was mainly immune to the decline affecting the larger textile sector, showed pricing stability in Q2 2024. It was caused by strong demand in the medical and hygiene industries, as evidenced by the steady use of products such as medical disposables, sanitary products, and diapers. These crucial uses created a stable market base that supported regionally balanced nonwoven fabric price trends. The stability of nonwoven fabric prices was aided by the stability of polypropylene (PP) prices in the first half of the quarter. However, a notable price increase occurred in the third month due to a tightened supply of PP.
Q4 2023:
In North America, the non-woven fabric market witnessed a bearish sentiment during the final quarter of 2023 as the demand remained low with moderate supply. The price for non-woven fabric showcased a slight increase towards the end of November because of heightened costs of raw materials like polypropylene. However, the market remained flexible due to rising innovations in manufacturing processes and the introduction of alternate materials.
Specific non-woven fabric historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Non-Woven Fabric Price
The report explores the non-woven fabric pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Non-Woven Fabric Price
Q3 2024:
During the third quarter of 2024, the Asia Pacific market experienced a fluctuating pricing trend, owing to several factors. Initially, demand and supply levels persisted relatively stable, but pricing pressures arose primarily from the instability of major feedstock, such as Polypropylene (PP). later in the quarter, the market witnessed a reduction in prices, largely because of heightened operational capacity, which was intended to prepare for higher intake demands. On a quarter-on-quarter basis, the prices of nonwoven fabric fell, reflecting broader market conditions. In line with this, in comparison to the last year, a significant price reduction was noted. The final month of the quarter marked a shift in the pricing landscape, which illustrated how the dynamics between demand, supply, and feedstock costs played out over the period.
Q2 2024:
The Asia Pacific nonwoven fabric market experienced downward price pressure throughout Q2 2024 as a result of economic challenges and a decline in demand from important industries. One of the main factors limiting price rise was declining downstream demand, especially after muted manufacturing activity. Additionally, cost-driven increases in nonwoven production were avoided due to the steady pricing of polypropylene feedstock. This tendency was aided by regional transportation problems including higher freight charges and port congestion as well as changes in the price of crude oil on a worldwide scale. These general patterns were reflected in the Japanese market, where seasonal variations and decreased demand in downstream textile industries caused noticeable price swings.
Q4 2023:
The non-woven fabric pricing in the Asia Pacific region showcased variations in the last quarter of 2023. The market witnessed low product supply and minimal demand in most countries. Although, in some regions, the prices saw an uptick due to the high costs of raw materials. However, the market remained resilient due to rapid advancements in manufacturing processes and the adoption of alternative materials.
This non-woven fabric price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Non-Woven Fabric Price
The analysis of non-woven fabric prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within Latin America.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Non-Woven Fabric Price Trend, Market Analysis, and News
IMARC's latest publication, “Non-Woven Fabric Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” presents a detailed examination of the non-woven fabric market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of non-woven fabric at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed non-woven fabric price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting non-woven fabric pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Non-Woven Fabric Market Analysis
The global non-woven fabric market size reached US$ 45.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 73.8 Billion, at a projected CAGR of 5.40% during 2023-2032.
- The global rise in health awareness has significantly boosted the demand for hygiene products, such as baby diapers and feminine hygiene products, which extensively use non-woven fabrics. As per a report by the Indian National Family Health Survey 5 (NFHS 5), the percentage of women aged 15-24 years using hygienic methods of protection during their menstrual period has increased from 58 % in NFHS 4 (2015-16) to 78 % in NFHS 5 (2019-21). Similarly, the usage of sanitary napkins has also increased from 42% to 64%. In Bihar alone, there was a 30% rise in the use of sanitary pads among young women ages 15-24 years, that is, from 27.8% in 2015-16 to 58.8% in 2019-2020. A study by Population Services International (PSI) estimated that 35.4 million adolescent girls exclusively used commercial sanitary pads, and 19.2 million adolescents used a mix of sanitary pads and homemade products. The market for sanitary pads in India is growing at a rate of 8.8% annually and is expected to reach US$ 1,659.6 million by 2032. This has increased the use of non-woven fabric in sanitary pads in India.
- The non-woven fabric demand is further amplified by its utilization in the medical field for producing sterile, disposable items such as gowns, drapes, face masks, and bandages. As the market for medical non-woven disposables increases at a rate of 7.1% annually, reaching US$ 24.0 billion by 2032, the demand for non-woven fabric will also surge. Moreover, the ongoing expansion of healthcare facilities worldwide and increasing standards for hygiene to prevent hospital-acquired infections (HAI) are key drivers for the non-woven fabric market. According to a report by the World Health Organization, among 100 patients in acute-care hospitals, 7 patients in high-income nations and 15 patients in low- and middle-income nations acquire at least one healthcare-associated infection (HAI) during their hospital stay. On average, 1 in every 10 affected patients die from HAI. This has further boosted the use of non-woven fabric in developing disposable medical products to limit the spread of viruses and bacteria.
- The non-woven fabric market share is being reinforced by the global increase in infrastructure development and improvement in construction materials' durability and functionality for geotextile applications. China's investment in fixed assets grew by 4.9% in 2021 from 2.9% growth in 2020. Also, industrial investment reached 11.4%, a drastic acceleration from 0.1% growth in 2020. Moreover, In the US, more than $350 billion has been announced in the Bipartisan Infrastructure Law (BIL) funding through October 2023. Among which, $9.8 billion has been allocated to passenger and freight rail, $7.8 billion for airports, $174.7 billion for roads, bridges, and major projects, $34.1 for public transportation, and $5.9 billion for ports and waterways, boosting the demand for non-woven fabrics.
- In addition, non-woven fabric production is showing an upward trajectory as a result of its growing use in the packaging industry. With growth in the packaging market, which is increasing at a compound annual growth rate (CAGR) of 3.9% to reach $1.42 trillion in 2028, the use of non-woven fabric will also surge. The market for packaging in Asia alone will increase by 5.3% year-on-year across 2023-2028, with China accounting for 25.3% of world packaging demand by value in 2028. The expanding retail sector and e-commerce are significant contributors to the growth of the non-woven fabric market in packaging applications. As per the US National Retail Federation (NRF), retail sales grew between 4% and 6% over 2022 to between $5.13 trillion and $5.23 trillion in 2023. The annual retail sales of 2022 grew 7% over 2021 and totaled $4.9 trillion. More so, the retail sector in India accounts for over 10% of the country's GDP and around 8% of the workforce (35+ million) and is expected to reach a whopping US$ 2 trillion in value by 2032. Online shoppers in India are projected to reach 500 million in 2030 from +150 million in 2020, with the e-commerce market touching US$ 350 billion in GMV by 2030. This has propelled the use of non-woven fabric in packaging applications and will continue to do so in the near future.
Non-Woven Fabric News
The report covers the latest developments, updates, and trends impacting the price of non-woven fabric, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the non-woven fabric price trend.
Latest developments in the non-woven fabric industry:
- In In April 2020, Ahlstrom-Munksjo increased its nonwoven production across its entire protective materials portfolio. The company expanded its product offering of protective materials for all three face mask categories, that includes civil masks, surgical masks, and respiratory masks.
- In March 2022, Suominen launched a carbon neutral nonwoven, BIOLACE Zero. It is utilized in wiping applications like baby, personal care, and household wipes. It has excellent wet and dry strength, and it is extremely soft. It is made of 100% cellulosic lyocell fibers and the product is 100% biodegradable, compostable and plastic free.
Product Description
Non-woven fabric is a versatile material made by bonding fibers together through chemical, mechanical, heat, or solvent treatment. It consists of a web or sheet of fibers or filaments that are intertwined and bonded together. Non-woven fabric is manufactured using natural fibers like cotton and wool, as well as synthetic fibers such as polyester, polypropylene, and nylon. It exhibits unique properties, like durability, elasticity, and absorbency.
Non-woven fabric finds applications in medical products, hygiene products, automotive industry components, filtration systems, construction, packaging materials, agricultural covers, household cleaning products, and disposable clothing. It offers numerous benefits, such as lightweight and strong nature, excellent absorbency and filtration capabilities, adaptability, cost-effectiveness, disposability, biodegradability, and reusability.
Report Coverage
Key Attributes |
Details |
Product Name |
Non-Woven Fabric |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Non-woven fabric Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of non-woven fabric pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting non-woven fabric price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The non-woven fabric price charts ensure our clients remain at the forefront of the industry.