The report “Global Antimicrobial Textile Market by Active Agents (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-based), Application (Medical Textiles, Apparels, Home Textiles), Fabric (Cotton, Polyester, and Polyamide), and Region – Global Forecast to 2026”, size is projected to grow from USD 10.7 billion in 2021 to USD 14.7 billion by 2026, at a CAGR of 6.5% from 2021 to 2026. Growth of the market is primarily triggered by the need for hygiene products to combat the increasing number of infections due to microorganisms in various applications such as sportswear, protective wear, curtains & drapes, carpets, surgical supplies & wipes, bedding, intimates, and footwear.
Opportunity: Continuous research and technological advancements:
Antimicrobial textiles are gaining popularity among researchers and manufacturers because of their ability to provide safety and quality life to users. Consumers are demanding better quality products in home textiles or apparel to support their healthier lifestyle choices. This is driving the need for new product development. Researchers are constantly trying to develop products that are skin-friendly, cost-effective, and environment-friendly. New active agents and fabrics are in the process of development, which can replace the existing, environmentally harmful active agents such as triclosan and PHMB. Manufacturers are trying to differentiate their products by using different active agents or fabrics to gain market share. They are using a different methodology to deliver antimicrobial properties to the fabric. For example, the use of bamboo fiber in the manufacturing of certain apparel is a unique way of providing antimicrobial properties to the apparel. Continuous research and technological advancement are expected to create vast opportunities for the growth of the antimicrobial textiles market.
In terms of value & volume, the synthetic organic compounds segment is estimated to lead the antimicrobial textiles market in 2020.
The synthetic organic compounds segment accounted for the largest market share in the antimicrobial textiles market. Synthetic organic active agents are compounds more stable due to the presence of carbon atoms in their molecular structure. Synthetic organic compounds treated textiles are projected to dominate the market as a result of its different modes of antimicrobial actions against a variety of microorganisms and easy availability of these agents.
The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market during the forecast period.
The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC.
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