Americas Spandex Market Analysis

Americas Spandex Market Analysis

Spandex is extensively used in garments, where fit and comfort are essential such as undergarments, hosiery, socks, gloves, exercise wear & denim. Technologies including virtual reality, artificial intelligence, and augmented reality have proliferated the domain of fashion retail for offering greater convenience to consumers and manufacturers. These factors will have a positive impact on Americas spandex market.
 

Spandex fabric is used for producing safety gloves for diverse end-use industries including construction, oil & gas, chemical, automotive, mining, etc. Surging awareness towards workers’ security in construction, mining, chemical, oil & energy, and machinery industries will propel the demand for safety gloves, thus fueling the utilization of spandex over the forecast period.
 

Canada athletic leisure apparel market is forecasted to grow over USD 3.5 Billion by the end of 2021. The product owing to good elasticity is used to manufacture sportswear. Rising Sports industry due to growing health and wellness trends across the U.S., Canada, Mexico, Brazil and Argentina, will have a positive impact on Americas spandex market growth.
 

The high elasticity of spandex makes its suitable for home decor products including chair & pillow covers, as it stretches to fit most chairs, allows quick recovery, and is anti-skid. The product offers great convenience on account of its wrinkle-resistance, comfort, softness, and ease of cleaning. Rising inclination towards interior designing for offices and homes will foster North America spandex market demand.
 

Spandex offers wrinkle & stain resistance properties and UV protection, making it ideal for curtains and party drapes. It provides desirable aesthetic properties, is skin-friendly, durable, and breathable thus stimulating its use as sofa cover. Growing furniture industry owing to increasing construction activities in the region will positively impact Americas spandex market share.
 

The growing prominence of sports owing to a rise in consumer health consciousness along with high consumer spending is generating new growth opportunities for spandex manufacturers. Rising inclination for sports activities in the country will foster the demand of spandex fabric. Growing construction activities in the region will foster the demand for home furnishings thus driving the growth of North America spandex market.
 

The product is used in automotive textile applications such as door panel fabrics, car seat covers, and other uses. Spandex can be utilized with a mix of other automotive textile materials. High R&D investments to improve the use of innovative textile fibers will provide potential growth prospects. Growing automotive production in the region will foster automotive textiles demand thus stimulating Americas spandex market growth.