Healthcare Fabrics Market to Garner $37.4 Billion, Globally, By 2027 at 13.0% CAGR, Says Allied Market Research

Rise in consumer awareness regarding hygiene products and improved quality of healthcare fabrics drive the growth of the global healthcare fabrics market

PORTLAND, Ore., April 27, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Healthcare Fabrics Market by Raw Material (Polypropylene, Cotton, Polyester, Viscose, Polyamide, and Others), Fabrics Type (Non-woven, Woven and knitted) and Application (Hygiene Products, Dressing Products, Clothing, Blanket & Bedding, Upholstery, Privacy Curtains, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027." According to the report, the global healthcare fabrics industry generated $15.9 billion in 2019, and is projected to reach $37.4 billion by 2027, witnessing a CAGR of 13.0% from 2020 to 2027.

Drivers, restraints, and opportunities

Rise in consumer awareness regarding hygiene products and improved quality of healthcare fabrics drive the growth of the global healthcare fabrics market. However, increased carbon-footprint due to use of female hygiene products hinder the market growth. On the other hand, growing consumer awareness create new opportunities in the coming years.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/11352

Covid-19 Scenario

• The outbreak of the pandemic led to increased demand for healthcare fabrics such as PPE kits, bed sheets, masks, and other items
• Surge in utilization of masks due to covid-19 has boosted the demand even more. Moreover, the high demand for healthcare fabrics is expected to increase even more owing to the second wave of covid-19 in various regions.

The polypropylene segment to maintain its lead position during the forecast period

Based on raw material, the polypropylene segment accounted for the largest market share, contributing to nearly two-fifths of the global healthcare fabrics market in 2019, and will maintain its lead position during the forecast period. This is due to frequent usage and demand for baby diapers and skin wipes to avoid rashes on baby's skin. However, the viscos segment is projected to manifest a CAGR of 12.0% from 2020 to 2027.

Get Detailed COVID-19 Impact Analysis on the Healthcare Fabrics Market @ https://www.alliedmarketresearch.com/request-for-customization/11352?reqfor=covid

The non-woven segment to maintain its dominance in terms of revenue during the forecast period

Based on fabric type, the non-woven segment accounted for the highest share in 2019, holding more than four-fifths of the global healthcare fabrics market, and is projected to maintain its dominance in terms of revenue during the forecast period. This is owing to their softness, strength, comfort, stretch ability, cost, and high absorbing ability of liquids. However, the woven segment is expected to witness the highest CAGR of 11.7% from 2020 to 2027. This is due to application in hospital and surgical hosiery, wound contact layer, various types of bandages, artificial tendons, and others.

North America to exhibit the highest growth rate by 2027

Based on region, the market across North America is projected to portray the fastest CAGR of 12.5% during the forecast period, owing to remarkable growth in end-use businesses including implantable goods and healthcare & hygiene products. On the other hand, the Europe region held the highest market share in terms of revenue in 2019, accounting for nearly two-fifths of the global healthcare fabrics market, and will maintain its dominance by 2027. This is attributed to high expenditure on healthcare and increased purchasing power.

Leading Market Players

• Ahlstrom Munksjo OYJ
• Asahi Kasei Corporation
• Avgol Ltd
• Berry Global Group Inc.
• Carnegie Fabrics LLC
• Eximius Incorporation
• Freudenberg Group
• Kimberly-Clark Corporation
• Knoll Inc.
• Paramount Tech Fab Industries.

Interested in Procuring This Report? Visit Here:
https://www.alliedmarketresearch.com/healthcare-fabrics-market/purchase-options

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Cooling Fabrics Market: Global Opportunity Analysis and Industry Forecast 2020–2027
Hybrid Fabrics Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Healthcare Personal Protective Equipment Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Technical Textile Market: Global Historical and Forecast Analysis, 2010-2027

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg