Latin America PP Nonwoven Market 2020-2028

MARKET OUTLOOK

A report illustrates that the Latin American PP nonwoven market would exhibit a CAGR of 7.28% during the estimated period 2020-2028.
Brazil, Mexico and the Rest of Latin America together form the PP nonwoven market in Latin America.

The increasing demand for diapers is the main factor driving the market for PP nonwoven in Brazil. The growing convenience stores and internet cafes are the fastest-growing channels that are driving the market for PP nonwoven market. With the help of their low price ranges and the favorable geographical expansions, chained warehouse clubs like Atacadao and Assai continue to attract consumers with brands such as Pampers and Huggies owing to their lower cost per unit. The presence of ‘Brazil Ever Green,’ one of the major players in the disposable goods market, creates business opportunities for the potential applications of nonwoven fabric, thereby proliferating the market growth further.

The PP nonwoven market in Mexico is growing due to the ever-increasing population, coupled with rapid urbanization. The growing population helps in promoting the sales of products like diapers on a large scale. With the advent of Amazon in Mexico, the company has offered special promotions and discounts on baby food, diapers and formula. Besides, supermarkets and hypermarkets have increased online sales, and often provide special promotions and discounts for baby products.

COMPETITIVE OUTLOOK

Some of the major players in the PP nonwoven market are Fibertex Nonwovens A/S, Toray Industries Inc, Mitsui Chemicals Inc, Asai Kasei Corporation, Fitesa S/A, Freudenberg SE, Kimberly Clark Corporation and Avgol Ltd.