Healthcare Fabrics Market Industry Leaders & New Revenue Pockets

Expansions and new product launches are the key strategies adopted by leading players to strengthen their positions in the healthcare fabrics market

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The healthcare fabrics market is estimated at USD 9.48 billion in 2017 and is projected to reach USD 12.90 billion by 2022, at a CAGR of 6.4% from 2017 to 2022. New product launches and expansions are strategies adopted by key players to strengthen their positions in the healthcare fabrics market. The maximum number of strategic developments took place in the North American region between January 2013 and July 2017.
The key players operating in the healthcare fabrics market are Designtex (US), Maharam Fabrics Corporation (US), Knoll, Inc. (US), Brentani 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.

Designtex (US) is one of the leading healthcare fabrics producers in the world. The company offers healthcare fabrics made using polyester, vinyl, polyurethane, and nylon microfibers. The products offered by the company are used for upholstery and privacy curtains. The company offers a catalog of more than 8,000 materials. It has a strong focus on sustainable development and new product launches. In August 2015, the company launched a new range of coated fabrics, Check-Up collection, for upholstery application in healthcare environments. This uses fibers such as polyurethane, nylon microfiber, and vinyl.

Knoll, Inc. (US) is another leading manufacturer of healthcare fabrics, globally. The company offers healthcare fabrics made using polyester, cotton, rayon, vinyl, and acrylic fibers. The application coverage of the company is very strong and covers privacy curtains, wall covering, and upholstery. The company has a strong product portfolio which includes a variety of designs. The company focuses on new product launches to strengthen its market presence. For instance, in November 2016, the company launched the Outline collection of textiles and wall coverings. This collection comprises three upholstery fabrics, two healthcare fabrics, and three wall covering products. This is expected to help the company further strengthen its product portfolio.

Another healthcare fabrics manufacturer, Avgol Industries 1953 Ltd. is one of the largest non-woven fabric producers in Israel. The company manufactures non-woven fabrics for applications, including baby diapers, sanitary napkins, and adult diapers. In March 2016 the company established a new non-woven fabrics plant in Mandideep (India). This helped the company to enhance the production of non-woven fabrics. The company also built a new facility for the production of the spunmelt line at Dimona, Israel in May 2016. This is expected to boost the non-woven fabric production capacity by 18,000 tons per annum.

Rising consumer awareness regarding hygiene products is expected to drive the growth of the healthcare fabrics market across the globe
The healthcare fabrics market is estimated at USD 9.48 billion in 2017 and is projected to reach USD 12.90 billion by 2022, at a CAGR of 6.4% from 2017 to 2022. The healthcare fabrics market has been segmented on the basis of raw material, fabric type, application, and region.

In the raw material segment, the polyester subsegment of the healthcare fabrics market is projected to grow at the highest CAGR during the forecast period from 2017 to 2022. This high-growth of the polyester fiber is mainly due to its low cost and high performance.

Healthcare fabrics are designed and produced for use in various medical and hygiene applications. Healthcare fabrics can be produced using various fabrics such as polypropylene, polyester, cotton, viscose, polyamide, and others. The fibers used are required to possess antimicrobial, fire-resistant, non-allergic, and non-carcinogenic properties.

Among raw materials, polypropylene led the healthcare fabrics market in 2016 and this trend is projected to continue during the forecast period owing to the high demand for the manufacture of hygiene products. Polypropylene is used as 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. However, due to the low cost and high performance of polyester, the market in this segment is expected to grow at the highest CAGR between 2017 and 2022.

The non-woven fabrics segment accounted for the largest share of the healthcare fabrics market in 2016. It is also projected to grow at the highest CAGR between 2017 and 2022. Non-woven fabrics are used in various hygiene products ranging from baby diapers, to adult incontinence products. Non-woven fabrics are used as an alternative to traditional textiles due to their excellent absorption properties, softness, smoothness, strength, comfort and fit, stretchability, and cost-effectiveness.

The demand for healthcare fabrics is the highest from the hygiene products application, and is majorly driven by the increase in consumption of sanitary napkins and baby diapers in the emerging countries of the Asia Pacific. Moreover, rising awareness and growing disposable incomes, coupled with the rising numbers in the new born and menstruating population is expected to fuel the growth of the healthcare fabrics market in hygiene products.

The Asia Pacific healthcare fabrics market is projected to grow at the highest CAGR from 2017 to 2022. The increasing disposable incomes in the emerging economies of the Asia Pacific region, coupled with the improving standards of living, increased focus towards the use of personal hygiene products, and growing populations are primarily responsible for the rising consumption of healthcare fabrics in the Asia Pacific region.

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