Malaysia Air-laid Product Market Outlook (2018 to 2032)
Synopsis
The above chart is Malaysia Air-laid Product Market Outlook (2018 to 2032)
Market Dynamics
malaysia’s air-laid product market has been steadily growing in recent years, driven by the country's large and diversified consumer base, as well as the increasing demand for products that require high absorbency. demand for these products, which include wipes, filters, domestic hygiene products, industrial packaging, and medical disposable products, is expected to continue to grow in the foreseeable future.
in 2018, the total sales of air-laid products in malaysia amounted to approximately myr647.8 million, a 5.3% increase over 2017. furthermore, during this period, the average purchase price of air-laid products was reported to be around myr1.30/kg. furthermore, the growth in demand for air-laid products is expected to continue in the future.
one of the major factors expected to drive the demand for air-laid products in malaysia is the rising disposable income levels of the country’s population. with rising incomes, consumers are more willing to buy products that bring convenience to their lives. this has resulted in a greater demand for air-laid products, such as wipes, which are increasingly being used in the domestic setting for babycare, food preparation, and cleaning.
in addition, the increasing use of electronic devices by consumers is also expected to drive the demand for air-laid products in the coming years. the growing popularity of tablets, laptops, and smartphones in malaysia has led to an increased demand for air-laid products, such as wipes and filters, used to protect devices from dirt and debris.
in terms of industry developments, the global hygiene products market is expected to remain dynamic over the forecast period, due to factors such as the trend of rising consumer health awareness, as well as the growing demand for convenient and hassle-free cleaning solutions. this is in line with the growing demand for air-laid products, particularly wipes, in malaysia.
overall, the outlook for the malaysia air-laid product market over the 2018 to 2032 forecast period is favorable, with increasing demand expected, driven by rising disposable incomes, growing demand for hygiene and cleaning products, and increasing use of electronic devices.