The Global Non- Woven Staple Fiber Market is forecast to reach USD 267.65 Billion by 2030, according to a new report by Reports and Data. Staple Fibers can be described as fiber, which can be twisted to manufacture yarn. The increasing use in the textile industry is likely to drive the growth of the market in the upcoming years. The fiber possesses good elasticity, shape retention, wrinkle resistance, exceptional wash & wear performance, washability, and longevity, among others, and as a result, finds extensive application in various types of apparel fabrics. It is used to make fashionable dresses, weather-resistant clothing, and is a preferred material for children’s wear. Polyester staple fiber is frequently blended with other fibers such as cotton, to get the combined benefits of both materials. It provides better tear-resistant as compared to cotton or other materials used in making clothing items. Additionally, polyester staple fiber find widespread application in manufacturing furniture and upholstery as well as it is used in making carpets for residential and domestic purposes, and ropes for residential applications, among others. Such a wide arena of applications would contribute to the growth of the industry.
Top Companies Operating in the Global Non- Woven Staple Fiber Market:
Unitec Fibers, Nirmal Fibers Ltd., Shanghai Polytex Co. Ltd, Legs SP. Zo. O, Xinda Corp, Eijin Fronteir Co. Ltd., Advansa, Sateri International Co. Ltd. , Hubei Botao Synthetic Fiber Co., Ltd., Celanese AG, Zedtex Australia Pty Ltd., and US Fibers.
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Further key findings from the report suggest
· The Non- Woven Staple Fiber Market held a market share of USD 178.59 Billion in the year 2019 that is forecasted to grow at a rate of 3.8% during the forecast period.
· In context to Product Type, the Woven segment is projected to witness a considerable growth rate of 3.8% during the forecast period, which is expected to occupy more than 35.0% of the market by 2027. The increasing demand for thicker work clothes from the apparel sector, like, jeans, coveralls and, the applicability of this type of fiber in manufacturing such thick cloths due to its rigidity, contributes to the growth rate witnessed by this segment.
· In context to Raw Material, the Polyester segment is projected to witness a considerable growth rate of 3.8% during the forecast period, which is expected to hold more than 30.0% of the market share by 2027. The growth rate witnessed by the Polyester segment is attributed to the traits of the fibers made from this raw material like, the fiber possesses good elasticity, shape retention, wrinkle resistance, exceptional wash & wear performance, washability, and longevity, among others, which contributes to the growth rate witnessed by this segment.
· In regards to Application, the Apparel industry segment held a considerable share of the market, which held more than 25.0% of the market in 2019, with a CAGR of 3.6% during the forecast period. This fabric is used widely in apparel for pants, jackets, hats due to its traits like comfort, fast-drying, and lightweight features, which contribute to the market share held by this segment.
· In regards to the region, Europe held more than 20.0% of the market in 2019, with a CAGR of 3.6% during the forecast period. The well-established automotive industry and the growing emphasis on personal care & hygiene are supporting the growth of the sector in this region.
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Non- Woven Staple Fiber Market Segmentation
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2019–2030)
- Woven
- Non-woven
Raw Material Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2019–2030)
- Polyester
- Cotton
- Cellulosic
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2019–2030)
- Apparel
- Construction
- Automotive
- Personal Care & Hygiene
- Filtration
- Home Furnishing
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Non- Woven Staple Fiber Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Non- Woven Staple Fiber Market.
The global Non- Woven Staple Fiber Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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