Food & Beverage Nonwoven Market is Forecasted to Reach US$ 1.2 Billion in 2030, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Food & Beverage Nonwoven Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2023: US$ 0.9 billion

Market Size in 2030: US$ 1.2 billion

Growth (CAGR): 4.4% during 2024-2030

Leading Application Type: Food wraps

Leading Process Type: Spunlaid

Leading Material Type: Polylactic acid

Leading Region: Asia-Pacific

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Food & Beverage Nonwoven Market:

The global Food & Beverage Nonwoven Market is segmented based on Application type, Process type, Material type and region.

Based on Application Type

“Food Wraps are expected to be the leading application in terms of market share as well as the fastest-growing market during the forecast period.”

• Food wrap applications are expected to be the leading segment because of the high demand for packaging materials that ensure food safety, freshness, and hygiene.
• This demand is driven by the need for protective, breathable, and customizable solutions for wrapping perishable items like meat, cheese, and seafood.
• The growth is fueled by trends like on-the-go consumption of fast food and ready-to-eat products, and advancements in nonwoven technology, including innovations in biodegradable and recyclable materials that align with sustainability goals.

Based on Process Type

“The spunlaid process is expected to hold the largest share of the food & beverage nonwoven market during the forecast period.”

• The spunlaid process is expected to hold the largest share of the market due to its efficiency, cost-effectiveness, and high production capacity.
• It streamlines fiber formation and web bonding in a single step, reducing production time and costs. Spunlaid nonwovens offer excellent strength and durability, making them suitable for demanding applications like food wraps and filtration.
• The process allows for versatile material properties and easy scalability, ensuring a steady supply to meet growing market demands.

Based on Material Type

“Polylactic Acid is expected to dominate as well as the fastest-growing material during the forecast period.”

• Polylactic Acid is anticipated to lead and grow rapidly in the food & beverage nonwoven market due to its origin from renewable resources like corn starch or sugarcane, reducing dependence on fossil fuels.
• The increasing consumer demand for environmentally responsible materials and stricter regulations on traditional plastics are driving its usage.
• Polylactic acid's versatility, with strong mechanical properties, makes it suitable for various nonwoven applications such as packaging and food wraps.

To know the most attractive segments, click here for a free sample of the report:

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that Asia-Pacific is expected to be the fastest-growing region for the food & beverage nonwoven market during the forecast period. This growth outlook is mainly attributed to the following:

• Asia-Pacific’s fastest growth in the food & beverage nonwoven market is due to rapid industrialization, a large population base, and increased urbanization.
• Economic growth and rising consumer spending drive demand for advanced packaging solutions. Improvements in supply chain logistics and adherence to higher health and safety standards further boost its adoption.
• Asia-Pacific is a major region in the global food & beverage nonwoven market, with China leading the demand due to its large population and its growing packaged food market.
• The regional players are focusing on innovation and manufacturing capabilities for the supply of nonwoven materials, aligning with consumer preferences for sustainable and efficient packaging.

Food & Beverage Nonwoven Market Drivers:

Some of the key drivers listed in the report are given below.

·      The adoption of nonwovens in the food & beverage industry is driven by several factors, including the need to meet strict health and safety standards, consumer demand for convenient and functional packaging, and increasing sustainability concerns.

·      The advances in nonwoven technology and the push for cost-efficient packaging solutions also play a significant role, making nonwoven an attractive option.

·      Additionally, the food & beverage nonwoven packaging is also driven by regulatory compliance, consumer demand for convenience, and the need for extended shelf-life. Active packaging drives the demand for food & beverage nonwoven materials by enhancing product quality and safety.

Competitive Landscape: Top 10 Companies in the Food & Beverage Nonwoven Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

·      Ahlstrom Oyj

·      Berry Global Group, Inc.

·      DuPont De Nemours, Inc.

·      Andritz AG

·      YI TING

·      Apextech Fiber Corp

·      Novipax Buyer, LLC

·      Zhejiang Tiantai Jierong New Material Co., Ltd.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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