Press release
Healthcare Fabrics Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Knoll Inc., Brentano Inc., Kimberly-Clark Corporation, Avgol Industries 1953 Ltd., Paramount Tech Fab Industries
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2408The Business Research Company offers in-depth market insights through Healthcare Fabrics Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
The main healthcare fabrics' raw materials include polypropylene, cotton, polyester, viscose and polyamide. Polypropylene is a flexible resin polymer and is used in absorbable dressings, as absorbents, and in the packaging of medical liquids. The different healthcare fabrics types include non-woven, woven, and knitted, which are used for applications such as dressing products, clothing, hygiene products, wall coverings, privacy curtains, bedding, blankets, and other applications.
Major Driver - Government-Led Hygiene Initiatives Fueling Growth In The Healthcare Fabrics Market
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 fibres 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.
Competitive Landscape:
Major companies operating in the healthcare fabrics market include 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.
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Top Trend - Growing Emphasis On Sustainable Healthcare Fabrics
Healthcare fabric companies are increasingly focusing on developing sustainable fabrics for use in the healthcare industry. Companies are focusing on manufacturing fabrics that pose low environmental risk and emit fewer carbon dioxide and other greenhouse gases. For instance, in 2021, a US-based coated fabrics company, Precision Textiles, launched a new eco-friendly fabric for use in personal protective equipment (PPE) called EcoGuard. The material contains an additive that helps it biodegrade up to 99% more quickly than typical polypropylene gown material. The isolation gowns made of polypropylene materials take over 600 years to biodegrade in a landfill, whereas the EcoGuard material accelerates the biodegradation process by approximately six years.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Healthcare Fabrics Market Characteristics
3. Healthcare Fabrics Market Trends And Strategies
4. Healthcare Fabrics Market - Macro Economic Scenario
5. Healthcare Fabrics Market Size And Growth
…..
27. Healthcare Fabrics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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