Spandex Market, by Fabric Type, by Application (Clothing and Medical ), by Process, by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Spandex is a synthetic fabric with high elasticity. The word "Spandex" is not a brand name, contrary to common opinion. This term refers to polyether-poly urea copolymer fabrics that have been manufactured using various production processes. The spandex fabric can stretch up to five to eight times its normal size, and it is commonly used in form-fitting consumer apparel. In most cases, spandex in its pure form is not used in the manufacturing of garments

Market Dynamics

The demand for sports and activewear is anticipated to increase due to a rapidly growing population and increased disposable incomes, consequently boosting market expansion. Growing awareness about maintaining a healthy lifestyle is projected to increase sports participation, raising the need for comfortable apparel, such as cycling pants. Increasing demand for apparel, such as undergarments, sportswear, and activewear, is predicted to propel the market's expansion due to rising disposable income levels and the growing popularity of various sports and leisure activities. The spandex fibre offers superior strength, weight, and versatility compared to other fibres, increasing its demand in the apparel and medical industries. In addition to possessing high elasticity and stretchability, it is frequently combined with cotton, wool, and other materials.

Growing demand for spandex from the medical industry for the manufacturing of medical textile is projected to create major market opportunities. Due to its high elasticity properties, it is majorly used in the production of clothing and apparel for the healthcare sector. On the other hand, the market is experiencing steady growth in the developing regions, due to changing lifestyle, growing affluence, and preferences among the people in these regions.

Key features of the study:

This report provides an in-depth analysis of global spandex market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global spandex market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include INVISTA, Asahi Kasei Corporation, Hyosung Corporation, Zhejiang Huafon Spandex Co. Ltd.,Yantai Tayho Advanced Materials Co. Ltd., Indorama Industries Ltd, TK Chemical Corp., Taekwang Industrial Co., Ltd, Jiangsu Shaungliang Spandex Co., Ltd., and Xiamen Lilong Spandex Co. Ltd
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global spandex market report caters to various stakeholders in this industry including investors, suppliers, spandex manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spandex market

Detailed Segmentation:

Global Spandex Market, By Fabric Type:
- Two-Way
- Four-Way
Global Spandex Market, By Application:
- Clothing (Sportswear, Home Furnishing, Underwear, Other Casuals)
- Medical (Diaper, Compression Stockings & Hoses, Other Medical)
Global Spandex Market, By Process:
- Knitting
- Weaving
- Yarn Covering
Global Spandex Market, By Region:
- North America
  - U.S.
  - Canada
- Europe
  - U.K.
  - France
  - Germany
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Rest of Asia Pacific
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Middle East & Africa
  - Africa
Company Profiles
- Invista*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Asahi Kasei Corporation
- Hyosung Corporation
- Zhejiang Huafon Spandex Co. Ltd.
- Yantai Tayho Advanced Materials Co. Ltd.
- Indorama Industries Ltd
- TK Chemical Corp.
- Taekwang Industrial Co., Ltd
- Jiangsu Shaungliang Spandex Co., Ltd.
- Xiamen Lilong Spandex Co. Ltd.

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI311

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Fabric Type
- Market Snippet, By Application
- Market Snippet, By Process
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Spandex Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Spandex Market - COVID-19
Impact Analysis

5. Global Spandex Market, By Fabric Type, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Two-Way
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Four-Way
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)

6. Global Spandex Market, By Application, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Clothing (Sportswear, Home Furnishing, Underwear, Other Casuals)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Medical (Diaper, Compression Stockings & Hoses, Other Medical)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)

7. Global Spandex Market, By Process, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Knitting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Wearing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Yarn Covering
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)

8. Global Spandex Market, By Region, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Fabric Type, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Process, 2017- 2030 (US$ Million)
Europe
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Fabric Type, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Process, 2017- 2030 (US$ Million)
Asia Pacific
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Fabric Type, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Process, 2017- 2030 (US$ Million)
Latin America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Fabric Type, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Process, 2017- 2030 (US$ Million)
Middle East and Affrica
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Fabric Type, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Market Size and Forecast, By Process, 2017- 2030 (US$ Million)

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Invista
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Asahi Kasei Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Zhejiang Huafon Spandex Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Yantai Tayho Advanced Materials Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Indorama Industries Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- TK Chemical Corp
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Taekwang Industrial Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Jiangsu Shaungliang Spandex Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Xiamen Lilong Spandex Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

10. Section

References
Research Methodology
About us and Sales Contact

Spandex Market, by Fabric Type, by Application (Clothing and Medical ), by Process, by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030