The global nonwoven fabric market has entered a mature phase characterized by intense competition and market consolidation. Alibaba.com data reveals a concerning trend: the AB rate (Active Buyer rate) has declined by 15.2% year-over-year, while the supply-demand ratio has worsened, indicating an oversupply situation relative to buyer demand [1]. This is further confirmed by a negative 8.3% year-over-year growth in seller numbers, suggesting that weaker players are exiting the market while established players are consolidating their positions.
Despite this consolidation, the overall market size remains substantial and continues to grow at a steady pace. According to Grand View Research, the global nonwoven fabrics market was valued at USD 48.67 billion in 2025 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2026 to 2030 [3]. Statista's data corroborates this, projecting the market to reach USD 61.8 billion by 2028, up from USD 45.1 billion in 2023 [4]. This indicates that while the market is maturing, there are still significant opportunities for strategic players who can navigate the competitive landscape effectively.
Global Nonwoven Fabric Market Size & Growth Projections
| Source | 2023/2025 Value | Projected Value | CAGR | Projection Period |
|---|---|---|---|---|
| Grand View Research | USD 48.67B (2025) | USD 70.2B+ | 6.8% | 2026-2030 |
| Statista | USD 45.1B (2023) | USD 61.8B | 6.6% | 2023-2028 |

