Antimicrobial Textile Market 2023 - Business Outlook, New Trends, Growth Rate, And Forecast To 2032
As per the antimicrobial textile market report by The Business Research Company, the increase in consumer awareness regarding health and hygiene is contributing to the growth of the antimicrobial textile market.
The global antimicrobial textile market size grew from $10.63 billion in 2022 to $11.79 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The antimicrobial textile market size is expected to grow to $16.33 billion in 2027 at a CAGR of 8.5%.
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Major competitors in the antimicrobial textile market include Milliken & Company, PurThread Technologies, Trevira GmbH, Thai Acrylic Fiber Co. Ltd., Vestagen Protective Technologies Inc., Herculite Products Inc., BASF SE, The Dow Chemical Company, Sanitized AG, LifeThreads LLC, Surgicotfab Textiles Private Limited, Sciessent LLC, Kolon Industries Inc., Aditya Birla Management Corporation Pvt. Ltd., and Response Fabrics (India) Pvt. Ltd.
The antimicrobial textile market is segmented -
• By Fibers: Cotton, Polyester, Polyamide, Other Fibers
• By Active Agent: Synthetic Organic Agents, Metal And Metallic Salts, Bio-Based Agents, Other Active Agents
• By Application: Medical Textiles, Apparel, Home Textiles, Commercial Textiles, Industrial Textiles, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the antimicrobial textile market in 2022.
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Antimicrobial textile refers to any fabric or products made by weaving, knitting, or felting that are intended to either completely or severely restrict the growth of microbes. Antimicrobial textiles are active textiles that help to resist harmful bacteria by up to 99.9% by attacking them at the cellular level to inhibit their reproduction and growth.
The Table Of Content For The Antimicrobial Textile Market Include:
1. Executive Summary
2. Antimicrobial Textile Market Characteristics
3. Antimicrobial Textile Market Trends And Strategies
4. Antimicrobial Textile Market - Macro Economic Scenario
5. Antimicrobial Textile Market Size And Growth
6. Antimicrobial Textile Market Segmentation
26. Africa Antimicrobial Textile Market
27. Antimicrobial Textile Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antimicrobial Textile Market
29. Antimicrobial Textile Market Future Outlook And Potential Analysis
The "Global Antimicrobial Textile Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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