Analysis of the prospects of the non-woven fabric market in Southeast Asia

Southeast Asia (SEA) is located in southeastern Asia, including the Indochina Peninsula and the Malay Islands. The Indochina Peninsula is named after it is located south of China, and the slender part in the south is called the Malay Peninsula. The Malay Archipelago is scattered in the vast waters between the Pacific and Indian Oceans. It is the largest archipelago in the world. There are more than 20,000 islands with an area of u200bu200bapproximately 2.43 million square kilometers. They belong to Indonesia, Malaysia, East Timor, Brunei, and the Philippines. Factors affecting the growth rate of non-woven fabrics All the factors that affect the growth of man-made fibers can more or less have a certain impact on textiles using man-made fibers as raw materials, of which non-woven fabrics have the greatest impact. Population growth factors have a smaller impact on non-woven fabrics than other textiles used in apparel. But if considering the important application of non-woven fabrics in baby diapers, population growth is also an important factor. The development of non-woven fabrics in Southeast Asia In the non-woven fabric industry, the world's major non-woven fabric companies have invested in Southeast Asia to build factories and enterprises, using local cheap labor to obtain higher profits, and also promote the development of Southeast non-woven fabrics. Thailand and Indonesia have developed rapidly, and India has restricted the development of the non-woven fabric industry due to the influence of human factors; the non-woven fabric products of several other countries mainly rely on imports. Affected by the growth in demand for non-woven fabrics in China and Southeast Asia, Thailand, Indonesia and India have been favored by Eastern and Western countries. Many Japanese non-woven fabric companies are optimistic about the Thai market and have successively invested and built factories in Thailand. In addition, the new locations will also target emerging markets in India and the Middle East. Market potential and advantages in Southeast Asia The economy of all countries in Southeast Asia except Singapore is relatively backward, but the economic development speed in recent years has been very fast, especially in India. Taking the current per capita consumption of non-woven fabrics in India is 80g as an example. To reach 3.0-3.5kg of non-woven fabric consumption equivalent to the current European and American level, it is predicted to be in 2035. In other words, it took about 40 years for the per capita consumption of non-woven fabrics in developed countries to exceed 3kg, while India can reach the same level in about 30 years. This market potential and advantages are very obvious. Due to the large population and dense labor force in Southeast Asia, the labor cost of investing in the area is low. Due to changes in consumption activities in Southeast Asia, as the population grows, consumption of disposable products such as baby diapers and women’s sanitary napkins with large uses for non-woven fabrics will expand in the future. In addition, the local government is strengthening infrastructure such as highways and bridges, predicting that the demand for non-woven fabrics and industrial fibers related to civil engineering will also increase significantly. All this is a manifestation of the potential and advantages of the non-woven market in the region. Southeast Asia Nonwovens Market Outlook Southeast Asia is my country’s close neighbor and the only place where my country’s foreign trade must pass. In the course of future development, with the rapid development of China and Southeast Asia's economic construction becoming more mature and stable, bilateral and multilateral friendly cooperation will become closer, and it will certainly enter a more favorable economic environment. At present, China's non-woven fabric production has surpassed the United States to rank first, and its development history has proven the huge market potential in Southeast Asia! As a Southeast Asian non-woven fabric market with huge labor cost advantages and market prospects, its huge market prospects are worth looking forward to!