Study says healthcare fabric demand to grow at 6.4%/year through 2022, led by nonwovens
DUBLIN, Ireland, September 11, 2017-
The healthcare fabrics market is projected to grow at a CAGR of 6.4% during the forecast period 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.
Not a subscriber?