In 2023, Japan's import value of nonwovens textiles, excluding felt, was 1.000 billion USD. Forecasted data from 2024 to 2028 shows a steady annual growth in import value, starting at 1.0338 billion USD in 2024 and reaching 1.1655 billion USD by 2028. The percentage increase year-on-year is approximately 3.3% in 2024, 3.3% in 2025, 3.1% in 2026, 3.0% in 2027, and 2.8% in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is around 3.1%, indicating a consistent upward trend in imports.
Future trends to watch for include:
- Technological advancements in nonwoven textiles that could impact import dynamics.
- Changes in global trade policies or tariffs affecting Japan's import market.
- Economic factors influencing domestic demand for nonwoven products—any shifts could impact the import growth rate.
- Environmental regulations and sustainability trends, as they may lead to increased preference for specific types of nonwoven materials.
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