Non-Woven Fabric Price in China
- China: 1456 USD/MT
During Q4FY2023, the price of non-woven fabric in China experienced a surge towards the end of November, attributed to a slight uptick in the costs of raw materials such as polypropylene.
The latest report by IMARC Group, titled " Non-Woven Fabric Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data ," provides a thorough examination of non-woven fabric price trends. This report delves into the price of non-woven fabric globally, presenting a detailed analysis, along with an informative non-woven fabric price chart. Through comprehensive non-woven fabric price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the non-woven fabric demand, analyzing how it impacts market dynamics. To belong in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Non-Woven Fabric Prices December 2023:
- China: 1456 USD/MT
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The study delves into the factors affecting non-woven fabric price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Non-Woven Fabric Price Trend - Q4 2023
The Non-Woven Fabric market is currently experiencing significant growth, driven primarily by its extensive application across various industries, including healthcare, automotive, and textiles. In the healthcare sector, there has been a rise in demand for non-woven fabrics due to their critical role in manufacturing sanitary products, personal protective equipment, and medical textiles, which are essential for maintaining hygiene and safety standards. The automotive industry also contributes to this demand, as non-woven fabrics are used extensively in vehicle interiors for soundproofing and as insulation materials. Additionally, the rising environmental awareness has led to an increased preference for eco-friendly materials, prompting manufacturers to innovate and produce biodegradable, non-woven fabrics. These fabrics are sustainable and offer superior functionality, such as high durability and filtration efficiency, which are desirable in consumer and industrial applications. This shift towards sustainable products, coupled with technological advances in fabric production, such as enhanced barrier properties and liquid repellency, are propelling the market forward.
Non-Woven Fabric Market Analysis
The global non-woven fabric market size reached US$ 45.3 Billion in 2023. By 2032 , IMARC Group expects the market to reach US$ 73.8 Billion, at a projected CAGR of 5.40% during 2023-2032 . In the last quarter, several key factors have influenced the prices of non-woven fabrics. Initially, the market saw an increase in raw material costs, particularly polypropylene, a primary component used in the production of non-woven fabrics. This price hike can be attributed to supply chain disruptions caused by geopolitical tensions and trade uncertainties. Manufacturers faced challenges in securing adequate supplies at stable prices, which in turn exerted upward pressure on the cost of non-woven fabrics. Furthermore, rising energy costs associated with manufacturing processes, influenced by global energy market volatility is another major growth-inducing factor. These factors combined have led to an increase in production costs for non-woven fabric manufacturers, which are often passed on to consumers in the form of higher product prices.
Moreover, the demand dynamics in key end-use industries have also played a crucial role in shaping the price trends of non-woven fabrics. For instance, the healthcare sector experienced a spike in demand due to the ongoing global health crises, necessitating large volumes of medical-grade non-woven fabrics for protective equipment. This surge in demand led to tighter supplies and increased prices. Moreover, the automotive industry, recovering from initial pandemic impacts, has escalated the demand for non-woven fabrics, further affecting the supply chain. Additionally, regulatory changes and sustainability initiatives across several countries that prompt manufacturers to invest in eco-friendly production technologies involve higher initial costs and offer long-term benefits in terms of market compliance and consumer preference. These investments have occasionally been reflected in the pricing structures adopted by non-woven fabric producers, influencing the overall market dynamics. Non-woven fabric prices in North America showed a mixed pattern in the fourth quarter of 2023, with moderate to low supply and muted demand in most of the regions.
By the end of November 2023, the market was experiencing a spike in demand in several sectors, together with a minor increase in the price of raw materials, especially polypropylene. Prices for non-woven fabric in the Asia-Pacific area fluctuated in Q4 2023, with most countries experiencing muted demand and moderate to low supply. By the end of November, the market saw a notable increase in demand from China, in addition to a partial increase in the cost of raw materials, particularly polypropylene. During the fourth quarter of 2023, Non-Woven Fabric prices in Europe showed an amalgamation of aspects amid a situation of average to low supply and subdued demand across most countries.
Key Points Covered in the Non-Woven Fabric Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Non-Woven Fabric Prices
- Non-Woven Fabric Price Trend
- Non-Woven Fabric Demand Supply
- Non-Woven Fabric Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Non-Woven Fabric Price Analysis
- Non-Woven Fabric Industry Drivers, Restraints, and Opportunities
- Non-Woven Fabric News and Recent Developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Colombia, Chile, Ecuador, and Peru
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Browse More Pricing Reports By IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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