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Healthcare Fabrics Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Healthcare Fabrics Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the healthcare fabrics industry. This report on healthcare fabrics market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The healthcare fabrics market size has grown rapidly in recent years. It will grow from $20.65 billion in 2023 to $22.89 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increased infection control, patient comfort, increased durability and longevity, barrier properties, cost-efficiency.
The healthcare fabrics market size is expected to see rapid growth in the next few years. It will grow to $35.64 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to infection prevention and control, aging population, sustainable practices, telehealth environments, regulatory update. Major trends in the forecast period include antimicrobial fabrics, smart fabrics and wearables, comfort and mobility, flame-resistant fabrics, telemedicine wearables.
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Key Market Players:
Knoll Inc., Brentano Inc., Kimberly-Clark Corporation, Avgol Industries 1953 Ltd., Paramount Tech Fab Industries, Advanced Fabrics, Carnegie Fabrics LLC, Herculite Inc., Berry Global Group Inc., Eximus Corporation, Herman Miller Inc., Standard Textile Co Inc., ARC Document Solutions Inc., Fabrico Cleaning Solutions Private Ltd., Bally Ribbon Mills, Precision Fabric Group Inc., Cardinal Health Inc., Eastex Inc., Freudenberg & Co. KG, Asahi Kasei Corporation, Shawmut Corporation, Atex Technologies Inc., Designtex International Llp, Maharam Fabric Corporation, Getinge AB, Vestagen Protective Technologies Inc., Ahlstrom Munksjo OYJ, Precision Fabrics Group Inc., DuPont Protection Solutions, Seiren Co. Ltd.
Market Drivers:
According to the Healthcare Fabrics Market Report 2024 by The Business Research Company, the key factors driving the growth of the healthcare fabrics market, includes the Increasing government initiatives towards hygiene are driving the growth of the healthcare fabrics market. Governments across the world are focusing on improving consumer awareness of hygiene and health issues. Medical textiles are used in various areas such as bedding, clothing, surgical gowns, cloth wipes, diapers, and others, which increases demand for antimicrobial textiles and healthcare fabrics. Hygiene issues influence buyers to purchase sustainable antimicrobial textiles that are built of pure fibers with an herbal finish. For instance, in 2021, in India, the Total Sanitation Campaign (TSC) has been working on expanding the awareness of female hygiene products in villages. These initiatives will play a pivotal role in expanding the use of hygiene products, which constitute an application area for healthcare fabrics. Hence, increasing government initiatives are expected to drive the market during the forecast period.
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Market segments for home insurance include:
1) By Raw Material: Polypropylene, Cotton, Polyester, Viscose, Polyamide
2) By Fabric Type: Non-woven, Woven, Knitted
3) By Application: Dressing Products, Clothing, Hygiene Products, Wall Coverings, Privacy Curtains, Bedding And Blankets, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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