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Global healthcare fabrics market forecast

August 11th, 2020 / By: / Industry News

According to ResearchAndMarket.com’s report “Healthcare Fabrics Market—Growth, Trends and Forecast (2020–2025),” the market for healthcare fabrics is expected to grow at a CAGR of more than 8%.

Increasing usage of cellulose fibers in healthcare applications is a major factor driving the demand of the market. However, lack of awareness among consumers likely to hinder the market.

The nonwoven fabric segment dominated the market owing to the growing application base in developing nations. Nonwoven fabrics are majorly preferred in the healthcare industry owing to their softness, strength, comfort and cost.

Asia-Pacific dominated the market with a significant share and is estimated to continue its dominance during the forecast period.