Technical textiles : World market forecast 2010 by David Rigby Associates

TECHNICAL TEXTILES AND NONWOVENS:
WORLD MARKET FORECASTS TO 2010
By David Rigby Associates1

SUMMARY

Technical textiles and nonwovens account for over one-quarter of all textile consumption in weight terms. Despite slackening growth rates since the start of the millennium, technical applications have a far more positive outlook than most other fibre, textile and clothing markets. Volume growth in developing countries will average between 4% and 5% per annum to 2010.

Within the total, some application areas will grow faster than others. Although forecasts have been downgraded from earlier studies, world demand for geotextiles is forecast to grow at a compound annual growth rate of 5.3% between 2005 and 2010, with China a major source of both consumption and production. Construction applications are also forecast to grow strongly, at a compound annual growth rate of 5.0%, over the same period, driven by new products and the increasing textile content
of building.

In contrast, textile components for shoes, clothing, furniture, carpets and interior textiles exhibit annualised growth rates of less than 3% on average through the current decade. This is in response to relatively modest forecast growth in demand for apparel and household goods, but also a switch in many products to lighter weight nonwoven materials.

Technical_Textile_Markets_to_2010_1_.pdf

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