business news

Americas Spandex - Market Share Analysis and Research Report by 2025

A detailed overview of Americas Spandex market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Americas Spandex market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

On the basis of application, the industry share can be segmented into apparel, medical, automotive textiles, and home furnishings. The apparel segment can be further classified into activewear, sportswear, swimwear, and gloves. Swimwear captured more than 7% revenue share in 2018 and is projected to experience healthy growth during the forecast timeframe.

Americas spandex market is estimated to witness unprecedented growth over the next few years. This can be primarily attributed to growing health concerns and the subsequent rise in the adoption of various sports and physical activities, including swimming. Spandex fabrics made from nylon and polyester have come to prominence over the decades as premium fabrics for sportswear, activewear and swimwear.

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/2331

The medical application segment can be further bifurcated into diapers, bandages, stockings, and hoses & compressional. A booming healthcare sector in America will undeniably bolster the regional industry outlook. Further, growing product implementation in automotive textiles and home furnishing products will complement the regional outlook.

Americas Spandex - Market Share Analysis and Research Report by 2025
Americas Spandex - Market Share Analysis and Research Report by 2025

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/2331

Swimming is considered to be among the most popular and one of the most effective fitness and recreational activities. Mounting health and fitness concerns among all age groups are encouraging more and more people to take up swimming as a regular workout regime. This is anticipated to drive the demand for swimwear product in the forthcoming years. In addition, swimwear protects the wearer from chlorinated water during swimming or sea water, which will accelerate the product adoption.

Considering the geographical landscape, Latin America will account for majority of the growth in the upcoming years, led by Brazil and Argentina. Brazil spandex market is estimated to record a healthy 10.5% CAGR up to 2025. The country has witnessed increasing prevalence of obesity and the trend has been particularly observed in children. According to statistics, more than 30% of Brazilian children are overweight.

Activewear segment currently accounts for a major share in Americas spandex market and will witness growth at a robust CAGR of 11.5% during the forecast timeframe. This can be attributed to extensive product application in sports and active wear. Spandex is a modern synthetic fiber which offers excellent elasticity, making it best-suited for sportswear applications. In addition, the material is extremely lightweight, comfortable, supple and dries easily.

In addition, majority of the people follow a sedentary and inactive lifestyle which has resulted in the increasing occurrence of a number of chronic health conditions such as high cholesterol, diabetes and hypertension. As a result, an increasing number of people are participating in sports and leisure activities, which will drive the product demand.

Furthering elaborating on the regional outlook, Argentina will witness a CAGR of 10% up to 2025. According to a national survey of risk factors by the Fundación InterAmericana del Corazón (FIC) Argentina, over two-thirds of the adult population in Argentina is overweight. This will certainly more and more people to participate in indoor and outdoor sports activities, driving the regional spandex demand.

Americas spandex market is estimated to witness unprecedented growth over the next few years. This can be primarily attributed to growing health concerns and the subsequent rise in the adoption of various sports and physical activities, including swimming. Spandex fabrics made from nylon and polyester have come to prominence over the decades as premium fabrics for sportswear, activewear and swimwear.

On the basis of application, the industry share can be segmented into apparel, medical, automotive textiles, and home furnishings. The apparel segment can be further classified into activewear, sportswear, swimwear, and gloves. Swimwear captured more than 7% revenue share in 2018 and is projected to experience healthy growth during the forecast timeframe.

Swimming is considered to be among the most popular and one of the most effective fitness and recreational activities. Mounting health and fitness concerns among all age groups are encouraging more and more people to take up swimming as a regular workout regime. This is anticipated to drive the demand for swimwear product in the forthcoming years. In addition, swimwear protects the wearer from chlorinated water during swimming or sea water, which will accelerate the product adoption.

Activewear segment currently accounts for a major share in Americas spandex market and will witness growth at a robust CAGR of 11.5% during the forecast timeframe. This can be attributed to extensive product application in sports and active wear. Spandex is a modern synthetic fiber which offers excellent elasticity, making it best-suited for sportswear applications. In addition, the material is extremely lightweight, comfortable, supple and dries easily.

The medical application segment can be further bifurcated into diapers, bandages, stockings, and hoses & compressional. A booming healthcare sector in America will undeniably bolster the regional industry outlook. Further, growing product implementation in automotive textiles and home furnishing products will complement the regional outlook.

Considering the geographical landscape, Latin America will account for majority of the growth in the upcoming years, led by Brazil and Argentina. Brazil spandex market is estimated to record a healthy 10.5% CAGR up to 2025. The country has witnessed increasing prevalence of obesity and the trend has been particularly observed in children. According to statistics, more than 30% of Brazilian children are overweight.

In addition, majority of the people follow a sedentary and inactive lifestyle which has resulted in the increasing occurrence of a number of chronic health conditions such as high cholesterol, diabetes and hypertension. As a result, an increasing number of people are participating in sports and leisure activities, which will drive the product demand. Furthering elaborating on the regional outlook, Argentina will witness a CAGR of 10% up to 2025. According to a national survey of risk factors by the Fundación InterAmericana del Corazón (FIC) Argentina, over two-thirds of the adult population in Argentina is overweight. This will certainly more and more people to participate in indoor and outdoor sports activities, driving the regional spandex demand.

Major Highlights from Table of contents are listed below for quick lookup into Americas Spandex Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Americas Spandex Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Americas Spandex Market Statistical model and forecast
  • Industry insights and validation
  • Americas Spandex Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Americas Spandex industry 360º synopsis - 2025
  • Americas Spandex Business trends
  • Region trends

Chapter 5. Americas Spandex industry Insights

  • Americas Spandex Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Americas Spandex Market Growth potential analysis

Request Customization on This Report @ https://www.cuereport.com/request-for-customization/2331

About the author

Market Study Report

Market Study Report, LLC. is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.