Latin America Nonwoven Fabrics Market Size & Outlook
The nonwoven fabrics market in Latin America is expected to reach a projected revenue of US$ 8,140.0 million by 2030. A compound annual growth rate of 6% is expected of Latin America nonwoven fabrics market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,400.4
Forecast, 2030 (US$M)
$8,140.0
CAGR, 2024 - 2030
6%
Report Coverage
Latin America
Latin America nonwoven fabrics market, 2018-2030 (US$M)
Latin America nonwoven fabrics market highlights
- The Latin America nonwoven fabrics market generated a revenue of USD 5,400.4 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, durables was the largest revenue generating product in 2023.
- Durables is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 5,400.4 million |
| Market revenue in 2030 | USD 8,140.0 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Durables |
| Fastest growing segment | Durables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Durables |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.3% of the global nonwoven fabrics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 8,140.0 million by 2030.
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Nonwoven Fabrics Market Scope
Nonwoven fabrics market segmentation & scope
Material
Polypropylene
Polyethylene Terephthalate
Polymer
Rayon
Wood Pulp
BICO
Others
Technology
Spunlaid
Drylaid
Wetlaid
Airlaid
Application
Medical & Hygiene
Construction & Geotextile
Upholstery
Filtration
Automobile
Garments
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
Nonwoven Fabrics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America nonwoven fabrics market
Related regional statistics
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