Huge growth of Antimicrobial Textiles Market In-depth Analysis Growth Projection with Regional Demand and Revenue Forecast till 2027

Increase in demand for antimicrobial medical textiles in the healthcare industry and rise in awareness about hygiene drive the growth of the global antimicrobial textiles market. North America accounted for the highest share in 2019, and will maintain to dominance in terms of revenue during the forecast period. The demand for antimicrobial textiles rose during the pandemic among the medical staff as they began adoption of the best hygiene practices.

A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The global antimicrobial textiles market garnered $10.0 billion in 2019, and is projected to reach $18.2 billion by 2027, witnessing a CAGR of 7.4% from 2020 to 2027.

The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

Based on fabric, the polyester segment is projected to witness the highest CAGR of 7.8% from 2020 to 2027. However, the cotton segment held the highest market share in 2019, accounting for nearly half of the global market, and will continue its leadership status during the forecast period.

The Antimicrobial textiles market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Based on region, North America accounted for the highest share in 2019, contributing to more than one-third of the total market share, and will maintain to dominance in terms of revenue during the forecast period. However, the market across Asia-Pacific is projected to portray the largest CAGR of 8.0% from 2020 to 2027.

Antimicrobial textiles Covered Market:- Aditya Birla Group (ABG), Herculite, Inc., Fuji Chemical Industries, Ltd., Kolon Industries, Inc., Indorama Ventures Public Company Limited, (IVL), Sanitized AG and Other.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Antimicrobial textiles market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Antimicrobial textiles market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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