Nonwoven Fabric Market Overview in the USA
In value terms, nonwoven fabric production dropped slightly to $ in 2019. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The value of the nonwoven fabric market in the U.S. reached $ in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2014 to 2019, the growth of the market remained at a lower figure.