Between 2013 and 2023, the US nonwoven fabrics market experienced fluctuations. Sales peaked in 2013 at $6.7377 billion, followed by a significant decline until 2015. From 2016 to 2023, sales have remained relatively stable but continued a marginal downward trend, falling to $4.924 billion in 2023. Year-on-year, the variations reflect this instability, with notable decreases and minor rebounds, especially a sharp decline in 2015. Over the last two years, the market saw minor declines of approximately -0.39% each year. The five-year CAGR up to 2023 was -0.32%, depicting a gradual long-term decrease.
Future trends to watch for include technological advancements in production efficiency, sustainability trends driving demand for eco-friendly nonwovens, and potential market expansions in emerging applications such as healthcare and automotive sectors. Monitoring these factors will be crucial for predicting market movements beyond 2028.
