Study: Demand for nonwovens in China to increase nearly 7%/year through 2022
CLEVELAND, OH, January 18, 2019-
Nonwovens demand in China is expected to increase 6.9% per year to 4.9 million metric tons in 2022. While economic growth has begun to slow to more sustainable levels, it will remain rapid through 2022 and will fuel significant gains in nonwovens demand as the country’s consumer base expands. China has a large export market for goods that contain nonwovens, so healthy growth in nearby markets (e.g., India, Indonesia, Malaysia, Philippines, Vietnam) will also support gains in Chinese nonwovens demand. These and other trends are presented in Global Nonwovens, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Nonwovens demand in China totaled 3.5 million metric tons in 2017, making it the largest national market in the world. China achieved its leading position over the course of the last decade as part of a broader trend of extremely rapid expansion throughout the country’s economy:
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