Increasing Demand for Female Hygiene to Augment the Airlaid Nonwovens Market Growth
Airlaid nonwovens have become an extremely popular product over the years. With the development of new technology and modern manufacturing processes, airlaid nonwovens has become an excellent alternative to other synthetic fibers such as polyester and nylon, which offer very low quality and durability.
Airlaid provide comfort, flexibility, and adequate
absorbency for products manufactured in the hygiene and personal care segment
extending from female care products to home decoration. Because airlaid
nonwovens have become so popular in recent years, many leading companies have
launched new lines of these products for both men and women.
Market Dynamics:
Increasing demand for airlaid nonwovens, especially in the
Asia Pacific, due to the increasing population rate and low penetration of
feminine hygiene manufacturers is expected to propel the growth of the airlaid nonwovens market. For instance, the current population of India is
1,387,752,969 as of Wednesday, January 27, 2021, based on Worldometer
elaboration of the latest United Nations data. Moreover, in January 2021, the
Ministry of Health and Family Welfare (India) announced that India's sex ratio
has improved by 16 base points from 918 in 2014-2015 to 934 in 2019-2020.
Moreover, the growing adoption of non-woven fabric products,
increasing investment, and increase in research and development activities is
also expected to augment the growth of the airlaid nonwovens market. For
instance, in January 2020, the Nonwoven Innovation and Research Centre (NIRI)
made further investment in its extensive prototyping facilities with a new
Dan-Web airlaid machine capable of prototyping pilot-scale samples.
The ability to manufacture a large number of end products
and employ new technologies such as coating materials is expected to offer
lucrative growth opportunities for players in the airlaid nonwovens market. However,
low density of airlaid nonwovens (which makes it expensive to ship) is expected
to restrain the airlaid nonwovens market growth.
Competitive Analysis:
Major players operating in the airlaid nonwovens market are
TWE Group, Glatfelter, Ahlstrom, Hollingsworth and Vose, Kimberly-Clark,
Freudenberg, ANDRITZ, and Valmet.
Major players in the market are involved in different
business strategies, such as merger and acquisition, to strengthen their
product portfolio or enhance their market share. For instance, in January 2021,
Glatfelter signed a definitive agreement to purchase Georgia-Pacific’s U.S.
nonwovens business for around US$ 175 million. Glatfelter will acquire
Georgia-Pacific’s Mount Holly, NC, airlaid manufacturing business as well as a
research and development pilot line for nonwovens product development in Memphis,
TN.
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