Antimicrobial Textile Market
Report ID: SQMIG25K2097
Report ID:
SQMIG25K2097 |
Region:
Global |
Published Date: February, 2024
Pages:
238
|Tables:
92
|Figures:
76
Antimicrobial Textile Market size was valued at USD 11.77 billion in 2019 and is poised to grow from USD 12.67 billion in 2023 to USD 21.3 billion by 2031, growing at a CAGR of 7.7% in the forecast period (2024-2031).
The antimicrobial textile market growth might be influenced by the high demand from the wound care market, which includes non-implantable goods and healthcare & hygiene products. Over the forecast period, the demand for these items is anticipated to increase due to the rise in hospitals and government campaigns to raise public awareness of first-aid kits. The U.S. healthcare sector is predicted to have substantial growth over the forecast period, which is likely to have a favorable effect on product demand in the nation.
Over the projection period, it is also projected that an aging population, hospital infections, and a rise in medical tourism would all contribute to higher demand for antimicrobial medical textiles. The market for antimicrobial textiles is anticipated to increase due to the growing awareness of hospital-related illnesses and improved healthcare practices. These fabrics have the innate potential to limit the growth of pathogenic microorganisms. Furthermore, it is anticipated that the market for antimicrobial medical textiles would increase globally due to rising living standards, rising disposable income, and expanding health consciousness. Over the projection period, significant lifestyle changes in developing the Asia Pacific and Latin American nations are projected to drive up the use of antimicrobial fabrics. These adjustments have increased people's knowledge of hygiene and general health, which is expected to increase demand for the items in these areas.
The rising number of reliable and secure antimicrobial finishes is responsible for the expanding use of antimicrobial textiles in the worldwide textile market. The capacity to customize products to specific industry needs, together with expanding use in the medical and apparel sectors, is anticipated to support market expansion.
US Antimicrobial Textile Market is poised to grow at a sustainable CAGR for the next forecast year.
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The global antimicrobial textile market is segmented on the basis of the fabric, application, active agents, and region. Based on fabric, the antimicrobial textile market is segmented into polyester, polyamide, cotton, and others. Based on application, the market is segmented into medical textile, home textile, apparel, and others. Based on the active agents, the market is segmented into metal & metallic salts, synthetic organic compounds, and bio-based agents. Based on region, the global antimicrobial textile market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Antimicrobial Textile Market Analysis by Fabric
The antimicrobial textile market is expected to be dominated by the cotton segment based on fibers. After polyester, cotton is the fabric that is most frequently used globally. Cotton-based textiles are utilized in a variety of industrial settings, including the production of bedsheets, bath towels, and garments. Due to the fact that it is a naturally produced fiber, it is also most susceptible to microbial attack. The application of metal or non-metal salts, such as silver, copper, or chitosan, can offer cotton antibacterial properties.
Both domestic and industrial uses are found for cotton textiles. The antimicrobial coating on cotton fabrics lengthens the fabric's lifespan and increases its durability.
Antimicrobial Textile Market Analysis by Application
The antimicrobial textile market is expected to be dominated by medical textile applications. Since the majority of HAIs are spread through textiles, the medical textiles business is a significant user of antimicrobial textiles. It is crucial to safeguard medical equipment and hospital apparel because healthcare-associated infections are spreading throughout many hospitals. Every piece of equipment and material used in healthcare should have antimicrobial chemicals to prevent the growth and spread of bacteria and to eliminate odors. Antimicrobial fabrics are highly sought-after in the medical sector for clothing, surgical supplies & wipes, sheets & blankets, and other products.
Antimicrobial Textile Market Analysis by Active Agents
The antimicrobial textile market is divided into three categories based on the active agent type: synthetic chemical compounds, metals & metallic salts, and bio-based active agents. The market segment for synthetic organic compounds had the biggest market share in 2019 and is anticipated to hold this position throughout the forecast period. When compared to metals, metallic salts, and bio-based active agents, synthetic organic molecules are less expensive. Triclosan, polyhexamethylene biguanides, and quaternary ammonium compounds are the principal synthetic organic chemicals. The market for antimicrobial textiles is anticipated to be driven by these chemicals' outstanding effectiveness against a variety of microorganisms.
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Owing to limitations in the current medication therapy, treatment, and management of orthopedic, cardiovascular, ophthalmic, neurological, and a number of other chronic conditions, North America dominates the global antimicrobial fabrics market. Additionally, the antimicrobial fabrics market in the region is expected to increase due to ongoing technological advancements, which will eventually result in the production of new and improved products. Due to increased governmental involvement in improving healthcare facilities, Asia-Pacific is expected to have considerable growth in the antimicrobial textiles market. Additionally, the expanding wound care industry is predicted to increase demand for the goods, and the presence of significant yarn and fibre producers in Taiwan is predicted to further fuel the expansion of the antimicrobial textiles market in the region over the next few years.
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Antimicrobial Textile Market Driver
Antimicrobial substances are used to either eradicate or stop the spread of microorganisms. Fabrics having antimicrobial chemicals added to the surface or inside the fibers are said to have antimicrobial fibers. Antimicrobial substances are combined with dyes or pigments, added to the fiber during spinning or extrusion, or applied as a finishing step.
Consumers are becoming more aware of the possible risks posed by microbes on textiles and by those who use them thanks to increased literacy rates and well-disseminated awareness efforts. The rising disposable income, changing lifestyles with rising health concerns, growing pollution, and enhanced hygiene awareness are all contributing to the increase in demand for antimicrobial textiles. Antimicrobial fabrics act as a barrier against the germs that cause HAI, odor production, and skin infections. As a result, there is a good chance that the use of antimicrobial textiles in apparel, sportswear, footwear, protective wear applications, and the healthcare sector will increase dramatically. The need for antimicrobial fabrics is anticipated to increase as a result.
Antimicrobial Textile Market Restraint
The type of active agents employed and the method by which active agents are applied to textiles both affect how effective antimicrobial textiles are. Although QAC, copper, and silver are potent active agents, they have a propensity to leak out of fabrics. Some active ingredients, like chitosan, are weak and disappear from fabrics after two to three washings. Through the ionizing process, metal and metallic salts are absorbed into the fabrics and last longer than chemically induced antibacterial characteristics. The procedure compensates for a 20–30% increase in textile manufacturing costs. All of these elements limit market expansion.
Prices for the energy and raw ingredients used to make antimicrobial fabrics change frequently. These commodities' prices directly affect the value chain components, which include operations and procurement costs. Sudden price rises or drops also have an impact on the profit margins of businesses. The final cost of antimicrobial fabrics is significantly influenced by the cost and accessibility of raw materials.
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The global antimicrobial textile market is relatively fragmented, with high competition. Few large players, like SANITIZED AG, Sciessent LLC, The Dow Chemical Company, Trevira GmbH, Life Threads LLC, Unitika Trading Co. Ltd., BASF SE, Microban International Ltd., Milliken Chemical, Lonza Group AG, Herculite Products Inc., PurThread Technologies Inc., BioCote Ltd., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
Top Players in the Global Antimicrobial Textile Market
Antimicrobial Textile Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the traditional usage of antimicrobial products, which is mostly seen in healthcare contexts, has given way to a new practice known as the use of antimicrobial fabrics. The demand for hygiene solutions to combat the rising incidence of diseases is driving the market for antimicrobial fabrics. The market for antimicrobial textiles is expanding rapidly thanks to technological developments for creating superior antimicrobial fabrics, strong demand in the Asia Pacific, and rising end-use applications. During the intermediate or final stages of fabric manufacture, additives are treated to create antimicrobial fabrics. The final use of the cloth, the manufacturer's capabilities, and financial concerns are only a few of the many variables that affect the technique.
Report Metric | Details |
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Market size value in 2019 | USD 11.77 billion |
Market size value in 2031 | USD 21.3 billion |
Growth Rate | 7.7% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Antimicrobial Textile Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Antimicrobial Textile Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Antimicrobial Textile Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Antimicrobial Textile Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG25K2097
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