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Article: Latin market exceeds global growth rate: led by Brazil, region sees increased consumer drive for nonwovens.(Industry Overview)
- Article from:
- Nonwovens Industry
- Article date:
- November 1, 2005
- Author:
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The Latin American market for nonwovens is holding strong at an estimated 8% growth rate, slightly ahead of the global market pace, despite economic instability in the region and import threats from China, suggest industry officials.
"Per capita consumption in Latin America is lower than in much of the industrialized world, so our market is expanding faster; the Latin American market is probably growing at about 8%, if the world market is growing at 7.5%," said Laerte Maroni, marketing manager of Ober S.A. Industria e Comercio, Sao Paulo, Brazil. "Investments in new lines have been sizable in the past year, here in Brazil, in Argentina and in Colombia, so growth ...