Latin America Polypropylene Nonwoven Fabric Market Size & Outlook
Latin America polypropylene nonwoven fabric market, 2018-2030 (US$M)
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Latin America polypropylene nonwoven fabric market highlights
- The Latin America polypropylene nonwoven fabric market generated a revenue of USD 2,364.9 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, spunbound was the largest revenue generating product in 2023.
- Meltblown is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,364.9 million |
| Market revenue in 2030 | USD 3,977.7 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Spunbound |
| Fastest growing segment | Meltblown |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spunbound, Staples, Meltblown, Composite |
| Key market players worldwide | Kimberly-Clark Corp, Berry Global Group Inc, Lydall, PFNonwovens Group, Schouw & Co., Mitsui Chemicals Inc, Fitesa, Toray Industries Inc, Freudenberg, Suominen, Asahi Kasei Corp, Ahlstrom-Munksjö, Johns Manville, First Quality |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global polypropylene nonwoven fabric market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20,301.2 million by 2030.
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Polypropylene Nonwoven Fabric Market Scope
Polypropylene Nonwoven Fabric Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America polypropylene nonwoven fabric market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polypropylene nonwoven fabric market will help companies and investors design strategic landscapes.
Spunbound was the largest segment with a revenue share of 45.39% in 2023. Horizon Databook has segmented the Latin America polypropylene nonwoven fabric market based on spunbound, staples, meltblown, composite covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for polypropylene nonwoven fabrics in Central & South America is likely to witness significant growth over the projected period owing to the rising demand from medical, hygiene and automotive industry.
High consumer awareness regarding health, hygiene and safety is expected to have a positive impact on polypropylene nonwoven fabrics market over the forecast period. The economic recovery in the region is expected to support the modest growth in the PP nonwoven fabrics market.
Furthermore, increasing healthcare expenditure in the region is expected to drive the hygiene and medical segments growth over the forecast period.
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Target buyers of Latin America polypropylene nonwoven fabric market databook
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America polypropylene nonwoven fabric market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America polypropylene nonwoven fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America polypropylene nonwoven fabric market size, by country, 2018-2030 (US$M)
Latin America Polypropylene Nonwoven Fabric Market Outlook Share, 2023 & 2030 (US$M)
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