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Research Report on the market prospect of China's non-woven fabric industry in 2020

2020-12-10

Non-woven fabrics are environmentally friendly, breathable, lightweight, moisture-proof and durable, and are widely used in disposable products, puzzles and hardcover flour bags. In the future, China's non-woven fabric market will gradually expand. It is predicted that China's non-woven fabric market will reach nearly 90 billion yuan in 2025. This report mainly focuses on the four aspects of non-woven fabric industry overview, non-woven fabric market factors, non-woven fabric market analysis and development prospects of the non-woven fabric industry. Through the analysis of the current industry, it summarizes the development status of the industry and proposes the current the development prospects of the industry.

1. Overview of the non-woven industry

Non-woven fabric is composed of oriented or random fibers. It is called cloth because of its appearance and certain properties. Non-woven fabric has the characteristics of moisture-proof, breathable, flexible, light weight, non-combustible, easy to decompose, non-toxic and non-irritating, rich in color, low price, and recyclable. For example, polypropylene (PP material) pellets are mostly used as raw materials, which are produced by continuous one-step method of high-temperature melting, spinning, laying, and hot-pressing.

2. Non-woven market promotion factors

After the outbreak of the epidemic, the demand for non-woven products such as surgical face masks, medical protective clothing and disinfectant wipes has grown rapidly and will maintain a growth trend for a period of time. In recent years, the application of non-woven fabrics in new fields has continued to expand, especially in medical and health, new building materials, ecological agriculture, and home textile products. Due to the advantages of environmental protection and low cost, it is constantly replacing some plastic products and textile products.

3. Non-woven market analysis

According to the data of the National Bureau of statistics, the non-woven output of enterprises above designated size from January to November 2019 was 4.53 million tons, with an increase of 11.14% year-on-year, indicating that the demand for the non-woven fabric industry is still relatively strong. In terms of economic benefits, the main business revenue of non-woven fabric enterprises above designated size from January to November was US$98.93 billion, with an increase of 3.6% year-on-year. Due to the decline in raw material prices, the industry’s main business costs increased by 3.23%, and the gross profit margin of the industry increased by 0.3%, the industry’s sales and management expenses were basically unchanged compared with the same period last year, financial expenses increased by 5.37%, and operating profit margin increased by 0.6%.

4. Development prospects of the non-woven industry

With the improvement of medical and technological level, people's demand for non-woven fabrics is increasing. In the future, China's non-woven fabric market will gradually expand. It is predicted that China's non-woven fabric market will reach nearly 90 billion yuan in 2025.

 

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