Market Insights
The antimicrobial textile market was estimated at USD 11.76 billion in 2022 and is likely to grow at a CAGR of 5.93 during 2023-2028 to reach USD 16.73 billion in 2028.
Want to know more about the market scope? Register Here
Antimicrobial fabrics are made or treated with antimicrobial chemicals that restrain the growth of bacterial microbes on the fabric. There is a tremendous demand for antimicrobial fabrics from the healthcare industry as they are majorly used in clinics and hospitals to maintain the hygiene. Apart from the healthcare industry, antimicrobial fabrics are massively used in the sports industry.
Antimicrobial Textile Market Highlights
|
Market Size in 2028
|
USD 16.73 Billion
|
Market Size in 2022
|
USD 11.76 Billion
|
Market Growth (2023-2028)
|
CAGR of 5.93%
|
Base Year of Study
|
2022
|
Trend Period
|
2017-2021
|
Forecast Period
|
2023-2028
|
Key Players
Some of the major antimicrobial textile manufacturers are-
- Milliken & Co.
- Unitika Ltd.
- Trevira GmbH
- Thai Acrylic Fibre Co. Ltd.
- PurThreads Technologies Inc.
- Vestagen Protective Technologies Inc
- LifeThreads LLC
- Herculite Inc.
- Smith & Nephew PLC
- Sinterama
Market Dynamics
The prime factor immensely contributing to the escalating demand for antimicrobial textiles is mainly the increasing demand for high-performance and microbe resistant fabrics for a growing number of applications and technological developments for the production of such textiles.
Want to have a closer look at this market report? Click Here.
Segments Analysis
By Active Agent Type
The market is segmented as synthetic organic compounds, metal & metallic salts, and bio-based active agents. The synthetic organic compounds segment held the largest share of the market in 2022, and is expected to remain dominant during the forecast period. Synthetic organic compounds have low cost compared to metal & metallic salts and bio-based active agents. Synthetic organic compounds mainly include quaternary ammonium compounds, triclosan, and polyhexamethylene biguanides. The excellent efficiency of these compounds against a wide array of microbes is expected to drive the antimicrobial textile market.
By Application Type
The antimicrobial textile market is segmented as medical textiles, implantable good, non-implantable good, commercial textiles, apparel, home textiles, industrial textile, and others. The medical textile segment dominates the market, owing to the high risk of infection in healthcare facilities, different agencies such as Center for Disease Control (CDC) along with hospital management have started encouraging the use of antimicrobial fabric in medical-related textiles. Application of medical textile includes attire, sheets & blankets, and surgical supplies & wipes.
Regional Analysis
North America held a market share of more than 30% in 2022 and is estimated to remain the largest market during the forecast period, with the USA, Canada, and Mexico being the key countries with lucrative growth opportunities. The growth of the market is driven by rising consumer awareness regarding spreading of diseases which has led to the demand for better quality material with regard to the maintenance of health and hygiene.
Know the high-growth countries in this report. Register Here.
Critical Questions Answered in the Report
- What are the key trends in the market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on the market?
- What are the key strategies adopted by the major vendors to lead in the market?
- What is the market share of the top vendors?
Market Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Report – Features
|
Segmentation
|
4
|
Regions Covered
|
4
|
Countries/Sub-Regions Covered
|
15
|
No. of Figures & Tables
|
>120
|
Company Profiles
|
10
|
Base Year of Study
|
2022
|
Trend Period
|
2017-2021
|
Forecast Period
|
2023-2028
|
The antimicrobial textile market is segmented into the following categories:
By Active Agent Type:
- Synthetic Organic Compounds
- (Active Agent Type Analysis: Quaternary Ammonium Compounds (QACS), Triclosan, Polyhexamethylene Biguanides (PHMB), Zinc Pyrithione, and Others)
- Metal & Metallic Salts
- (Active Agent Type: Silver, Copper, Zinc, and Others)
- Bio-Based Agents
- (Active Agent Type Analysis: Chitosan and Others)
By Application Type:
- Medical Textiles
- (Application Type Analysis: Attire, Sheets & Blankets, Surgical Supplies & Wipes, and Others)
- Implantable Good
- Non-Implantable Good
- Commercial Textiles
- (Application Type Analysis: Protective Wear and Others)
- Apparel
- (Application Type Analysis: Sportswear, Intimates, and Outdoor Clothing)
- Home Textiles
- (Application Type Analysis: Carpets, Bedding, Curtains & Drapes, and Others)
- Industrial Textile
- (Application Type Analysis: HVAC System)
- Others
By Fabric Type:
- Cotton
- Polyester
- Polyamide
- Others
By Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Click Here, to learn the market segmentation details.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
|
Relevant contents in the report
|
How big is the sales opportunity?
|
In-depth Analysis of the Antimicrobial Textile Market
|
How lucrative is the future?
|
Market forecast and trend data and emerging trends
|
Which regions offer the best sales opportunities?
|
Global, regional, and country-level historical data and forecasts
|
Which are the most attractive market segments?
|
Market Segment Analysis and Forecast
|
Which are the top players and their market positioning?
|
Competitive landscape analysis, Market share analysis
|
How complex is the business environment?
|
Porter’s five forces analysis, PEST analysis, Life cycle analysis
|
What are the factors affecting the market?
|
Drivers & challenges
|
Will I get the information on my specific requirement?
|
10% free customization
|
Report Customization Option
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the active agent types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.