Americas Spandex Market Growth, Application, Driver, Trends and Forecasts by 2026 - PowerPoint PPT Presentation

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Americas Spandex Market Growth, Application, Driver, Trends and Forecasts by 2026

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According to a study conducted by Global Market Insights, Inc., Americas spandex market is expected to record prominent revenue growth over 2025. – PowerPoint PPT presentation

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Title: Americas Spandex Market Growth, Application, Driver, Trends and Forecasts by 2026


1
Americas Spandex Market Growth, Application,
Driver, Trends and Forecasts by 2026
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Americas Spandex
Industry
  • According to a study conducted by Global Market
    Insights, Inc., Americas spandex market is
    expected to record prominent revenue growth over
    2025.
  • Americas spandex market is expected to witness
    prominent growth, given to increasing product
    adoption in various sports activities. Spandex is
    a lightweight, synthetic fiber that offers
    exceptional elasticity, making it a viable option
    for sportswear applications. As the material is
    extremely comfortable, lightweight, and can
    easily dry, it is considered as a premium fabric
    in activewear and sportswear products.
  • Stating some major trends that may accelerate
    Americas spandex market share
  • Increasing demand for swimwear
  • Swimming is considered as one of the most popular
    and effective fitness and recreational
    activities. Rising concerns over fitness and
    health among all age groups have encouraged
    people to opt for swimming, accelerating the
    demand for swimwear products.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-
  • Spandex swimwear can protect users from
    chlorinated water, boosting product significance.
    Reportedly, in 2018, the swimwear segment
    recorded over 7 revenue share in Americas
    spandex market and is expected to experience
    steady growth over the forecast period.
  • Americas spandex market is gaining traction
    across several end-user industries. In the
    medical sector, spandex is used for making
    bandages, diapers, and surgical hoses
    compressional. The burgeoning healthcare sector
    of Americas could improve industry outlook in the
    coming years.
  • On the other hand, increasing product
    implementation in home furnishing products and
    automotive textiles could further boost Americas
    spandex market size.
  • Led by Brazil and Argentina, Latin America
    spandex market is expected to offer sizable
    growth opportunities to industry participants.
    Studies claim that Brazil spandex market may
    record a considerable 10.5 CAGR over 2020- 2025.
    The nation has witnessed increasing prevalence of
    obesity, particularly among children. In fact,
    reports claim that more than 30 children in
    Brazil are overweight.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
4518
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis
  • Most people follow an inactive and sedentary
    lifestyle which has led to increased occurrence
    of chronic health conditions like high
    cholesterol, hypertension, and diabetes. This has
    encouraged people to participate in sports and
    leisure activities, accelerating market growth
    over the forecast period.
  • Elaborating on the regional market share,
    Argentina spandex is expected to record 10 CAGR
    by 2025. As per a national survey of risk factors
    by the FIC (Fundacion InterAmericana del Corazon)
    Argentina, two-thirds of the adult population of
    Argentina is estimated to be overweight.
  • This has encouraged more people to participate in
    outdoor and indoor sports activities, creating
    lucrative growth opportunities for the companies
    developing spandex sportswear.
  •  

Request for customizationhttps//www.gminsights.
com/roc/4518
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
  • Competitive Analysis
  • Hyosung, INVISTA, TK Chemical Corporation,
    Taekwang Industrial Co. Ltd.
  • Growth Drivers
  • Product penetration in the apparel and textile
    industry
  • Large automotive production capacity along with
    technological developments in the industry
  • Expansion in the global spandex production
    capacity along with ease in raw material
    availability

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Glass Manufacturing
Market_at_ https//www.gminsights.com/industry-analys
is/americas-spandex-Market Request for sample
of this research report_at_ https//www.gminsights.c
om/request-sample/detail/4518 Request for
customization https//www.gminsights.com/roc/451
8
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
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