The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
The fast-growing PP nonwoven fabrics market in the Asia Pacific is expected to contribute a revenue of $XX million by 2027, while evolving at a projected CAGR of 8.55% during the estimated period of 2019-2027. The ever-increasing population, along with favorable government initiatives, is assisting the growth of PP nonwoven fabrics market in the region.
South Korea, India, Japan, China, and Australia are the countries studied in the Asia Pacific PP nonwoven fabrics market. The report also analyzed the Rest of Asia Pacific region that is formed by a conglomeration of remaining Asian countries. The PP nonwoven fabrics market in Japan is driven by the flourishing medical industry in the country. The PP nonwoven fabrics are used in the manufacture of sheets, operating gowns, masks, gloves, and other hygiene products. As these fabrics are durable and eco-friendly, their demand in the medical industry is increasing. Thus, the thriving hygiene and healthcare industry in the region aides the growth of PP nonwoven fabrics market.
The PP nonwoven fabrics market has the presence of both large and small companies. Some of the renowned players in the market include Ahlstrom-Munksj?, Low and Bonar, Fitesa S/A, Polymer Group Ltd., and Freudenberg SE. The leading companies focus on various strategies to maintain a stronghold in the market. However, the requirement of high capital investments is restraining the new players from entering the market, thereby limiting market growth.