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Indian non-woven market has unlimited business opportunities

  • Author:Junqian Nonwoven
  • Source:Junqian Nonwoven
  • Release on:2019-01-10
Indian non-woven market has unlimited business opportunities

Everyone knows that non-woven fabrics belong to emerging industries and were first introduced by developed countries such as Europe and the United States. The use of non-woven fabrics in developed countries has been balancing for a long time. Today, the growth rate of non-woven fabric usage in China has also slowed down. It is estimated that it will not take long before it will be as stable as the European and American countries. However, in other developing countries, the use of non-woven fabrics has not yet been popularized. Due to the large population, the use of non-woven fabrics is still very large. This brings unlimited business opportunities to non-woven fabric manufacturers(China Nonwovens Products Company). This is the case in the Indian market.

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In 2015, India's non-woven fabric market accounted for 8% of the Asian nonwovens market. It is estimated that in 2020, the output value of the Indian non-woven fabric market(Non Woven Fabrics Factory) will account for 12% of the Asian market, showing a hot development trend. The development of the Indian textile industry should focus on technical textiles and nonwovens. This is because the future domestic nonwovens market in India has considerable growth potential.

India is the second largest textile and apparel producer in the world after China. India also has great potential in other markets, especially technical textiles, as well as medical textiles. Although the central government provided a 10% rebate on capital investment, this incentive did not cause more manufacturers to invest in non-woven technology.

India's non-staple consumption level will increase by 20% from 2014 to 2018, due to the high birth rate in India, especially women, and huge consumption potential. By 2018, every woman in India will spend $2 on non-woven hygiene products. If so, the total level of consumption will reach $82.4 billion. As can be seen from several five-year plans in India, the non-woven and technical textile industry has become a key development area in India.

In recent years, the Indian market has been keeping pace with the Chinese market, and India has a similar population to China. The market share and growth rate of non-woven fabrics(Disposable Non-woven Products Manufacturer) in the Chinese market are obvious to all countries. Everyone has a big expectation for the Indian market. I believe there will be more Chinese non-woven merchants to dig gold mines in the Indian market.