Europe Nonwoven Products Market Trend Shows a Rapid Growth, Competitive Analysis, Future Prospects And Forecast 2031

Jun 25, 2023

The Europe nonwoven products market was valued at $1,529 million in 2017, and is projected to reach $2,940 million by 2025, registering a CAGR of 2.9% from 2021 to 2025. The key factors that boost the growth of the Europe nonwoven products market include growth in focus toward preventing hospital acquired infections (HAIs), rise in number of surgeries, and improvement in healthcare infrastructure and services across developing countries. In addition, rapid developments in nonwovens production technology, rise in health awareness, surge in disposable income, adoption of nanofiber and high-performance material technologies in nonwoven product manufacturing, and increase in geriatric population supplement the market growth.

Medical nonwovens are a distinct class of textile material products designed from fibers that are joined together to form a lucid structure. These are bonded together by chemical, mechanical, heat or solvent treatment. Nonwoven materials are very suitable in manufacturing disposable products as they can be bonded by multiple treatments. Medical nonwoven products are highly essential products in the healthcare field. These are made up of natural fiber-like cotton, linen, polypropylene, polytetrafluoroethylene (PTFE), polyester, and others. Moreover, these products have many advantages over medical woven products. There are different types of medical nonwoven products provided by major manufacturers include surgical gown, drapes, face mask, surgeon caps, sets, scrub suit, coverall, and others. These products are used in hospitals, animal clinics, and open market. The open market includes chemical industry, beauty industry, and food & beverage industry.

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However, threat of substitutes such as woven products and the increase in popularity of less-invasive surgeries restrains the growth of the Europe nonwoven products market. Conversely, technological innovations in nanotechnology and its increased use in medical nonwoven products production is anticipated to create lucrative opportunities in the near future.

The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.

Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).

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KEY BENEFITS FOR STAKEHOLDERS– The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.– It offers a quantitative analysis from 2017 to 2025, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities.– A comprehensive analysis of the countries is provided to determine the existing opportunities.– The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the market.

LIST OF KEY PLAYERS PROFILED IN THE REPORT– 3M Company– Asahi Kasei Corporation– B. Braun Melsungen AG– Cardinal Health– Freudenberg & Co. KG– Hartmann Group– Investor AB (Molnlycke Health Care AB)– Kimberly-Clark Corporation– Medline Industries, Inc.– Zarys International Group

– Domtar Corporation– Berry Global Inc.– UniCharm Corporation

KEY MARKET SEGMENTSBy Product– Gown– Drapes– Sets– Scrub Suit– Coverall– Mask– Cap– Shoe Cover– Others

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By End User– Medical– Open

By Country– Poland– Romania– Ukraine– Hungary– Czech Republic– Slovakia– Italy– Germany– France– Russia– Great Britain– Spain– Portugal– Belgium– Netherlands– Denmark– Austria– Switzerland– Luxembourg– Turkey

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