Karen Bitz09.14.14
Bigger and smaller
The nonwovens industry is getting bigger. The nonwovens industry is shrinking. When I say it’s getting bigger, I mean sales are booming. Ten years ago, sales figures of the leading producers of nonwovens ranged from $55 million to $1.4 billion. This year, sales range from $113 million all the way up to $1.65 billion. What is significant is that in the last decade—a decade where we have seen some significant economic problems—the entry point to be considered a leading company in nonwovens has doubled. A closer look would show that just about every nonwovens manufacturer has increased their sales, either through investment, acquisition, innovation or a combination of all three.
In addition to sales, nonwovens continue to grow in terms of capacity figures. The industry continues to see a rapid rate of investments all around the world, as new uses for nonwovens are discovered and traditional markets, like hygiene, medical, automotives, wipes and filtration, continue to experience growth.
By shrinking, I mean the nonwovens industry is getting smaller through acquisition
The nonwovens industry is getting bigger. The nonwovens industry is shrinking. When I say it’s getting bigger, I mean sales are booming. Ten years ago, sales figures of the leading producers of nonwovens ranged from $55 million to $1.4 billion. This year, sales range from $113 million all the way up to $1.65 billion. What is significant is that in the last decade—a decade where we have seen some significant economic problems—the entry point to be considered a leading company in nonwovens has doubled. A closer look would show that just about every nonwovens manufacturer has increased their sales, either through investment, acquisition, innovation or a combination of all three.
In addition to sales, nonwovens continue to grow in terms of capacity figures. The industry continues to see a rapid rate of investments all around the world, as new uses for nonwovens are discovered and traditional markets, like hygiene, medical, automotives, wipes and filtration, continue to experience growth.
By shrinking, I mean the nonwovens industry is getting smaller through acquisition
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