The healthcare fabrics market is projected to grow at a CAGR of 6.4% during the forecast period from 2017 to 2022
The healthcare fabrics market is expected to reach USD 12.90 billion by 2022, at a CAGR of 6.4% from 2017 to 2022. The growth of the healthcare fabrics market is primarily due to the rising consumer awareness regarding hygiene products coupled with the improved quality of healthcare fabrics. Factors restraining the growth of the healthcare fabrics market are the requirement of high investments in R&D and availability of alternative products. In addition, the lack of awareness regarding personal hygiene in emerging countries such as India, Indonesia, Peru, Brazil, Colombia, Iran, and South Africa is expected to hamper the growth of the healthcare fabrics market during the forecast period. The availability of menstrual cups as an alternative to sanitary napkins is expected to restrain the growth of the healthcare fabrics market during the forecast period.
Amongst raw materials, the polypropylene segment is estimated to lead the healthcare fabrics market in 2017
Amongst raw materials, the polypropylene segment is estimated to lead the healthcare fabrics market in 2017, and is projected to continue to lead during the forecast period owing to the high demand for use in hygiene products. Polypropylene is used in the top sheet of hygiene products, hence the rising consumption of sanitary napkins and baby diapers is expected to fuel the demand for polypropylene during the forecast period.
Amongst fabric type, the non-woven segment is projected to lead the healthcare fabrics market during the forecast period
Non-woven fabrics are used in various hygiene products ranging from baby diapers, to adult incontinence products. Non-woven fabrics are used as alternatives to traditional textiles due to their excellent absorption properties, softness, smoothness, strength, comfort and fit, stretchability, and cost-effectiveness. These have various advantages over woven and knitted fabrics and hence are expected to register the highest growth rate during the forecast period.
The Asia Pacific healthcare fabrics market is projected to grow at the highest CAGR between 2017 and 2022
The Asia Pacific region is the largest market for healthcare fabrics across the globe. The increasing disposable incomes of the middle-class populations in the Asia Pacific region are an attractive market for healthcare fabrics. The demand for healthcare fabrics is expected to increase during the forecast period owing to improving standards of living, increased focus towards the use of personal hygiene products, and growing populations.
Breakdown of profiles of primary interviews for the report
• By Company Type – Tier 1–30%, Tier 2–43%, and Tier 3–27%
• By Designation – C Level–23%, Director Level–37%, and Others–40%
• By Region – North America–37%, Europe–23%, Asia-Pacific–26%, and RoW–14%
Some of the key companies profiled in this report are Designtex (US), Maharam Fabrics Corporation (US), Knoll, Inc. (US), Brentano Inc. (US), Arc-Com (US), Kimberly-Clark Corporation (US), Paramount Tech Fab Industries (India), Advanced Fabrics (SAAF) (Saudi Arabia), Avgol Industries 1953 Ltd. (Israel), and Architex International (US), among others.
The healthcare fabrics market has been segmented on the basis of raw material, fabric type, application, and region. On the basis of the raw material, the market has been subsegmented into polypropylene, cotton, polyester, viscose, polyamide, and others (polyurethane, polyethylene, and vinyl). Based on fabric type, the market has been subsegmented into non-woven, woven, and knitted. On the basis of application the market has been subsegmented into hygiene products (sanitary napkins and baby diapers), dressing products, clothing, blanket & bedding, privacy curtains, upholstery, and others (adult diapers, surgical hosiery, and orthopedic appliances). The market has also been segmented on the basis of regions into Asia Pacific, Europe, North America, the Middle East & Africa, and South America.
This report covers the following studies:
• Market segmentation based on raw material, fabric type, application, and region and their subsegments
• Market dynamics including drivers, restraints, opportunities, and challenges
• Value chain analysis
• Porter’s five forces analysis with respect to the healthcare fabrics market
• Profile of the key market players in the healthcare fabrics market