Home Press Release Antimicrobial Textiles Market to Expand at a CAGR of 7.7% by 2030

Antimicrobial Textiles Market to Expand at a CAGR of 7.7% by 2030

Introduction

Antimicrobial agents prevent pathogen-induced illnesses and disorders. Antimicrobial textiles consist of fiber-based substrates treated with antimicrobial substances. Antimicrobial textiles are any materials that protect against bacteria, mold, mildew, and other hazardous microbes. Antimicrobial-coated textiles reduce deterioration from bacteria, mold, and mildew. This results in durable products that bring value to consumers. Maintaining hygiene standards in hospitals, clean rooms, and other facilities requires a mix of tight regulations and the appropriate equipment. Clean, sanitary working environments rely on antimicrobial healthcare textiles and materials for hospital gowns, medical drapes, hospital scrubs, bedding, furniture, and gadgets. Antimicrobials increase the durability of treated fabrics.

Reducing the rate at which goods are transferred to landfills and the necessity for manufacturing new replacement items can result in a reduced carbon footprint. Because antimicrobial textiles require fewer washes, less water and detergent are wasted, which is another reason they are better for the environment. Increasing consumer awareness of personal hygiene and the health risks caused by germs, increased demand for antimicrobial sportswear, and other factors all contribute to antimicrobial textiles market growth. Concerns exist, however, regarding the toxicity of several antimicrobial agents used to impart antimicrobial properties to fabrics. In contrast, it is projected that rising healthcare costs in emerging economies will increase the demand for antimicrobial textiles.

Market Dynamics

The Growing Consciousness Related to Health and Hygiene Plus Demand for Antimicrobial Textiles in the Healthcare Industry to Drive the Global Antimicrobial Textiles Market

As a result of literacy rate increases and awareness campaigns, consumers have a more robust understanding of hygiene and health. This has increased the need for antimicrobial textiles tremendously. A transition in lifestyle and a rise in disposable money also contribute to the expansion of the antimicrobial textiles market. In several underdeveloped nations, consumer awareness of antimicrobial textiles is limited. However, due to the pandemic, understanding of antimicrobial textiles has increased in underdeveloped countries such as India. With the government's support, customers in undeveloped nations have been educated on antimicrobial textiles. This is a crucial factor in the expansion of the antimicrobial fabrics industry.

Before the pandemic outbreak, there was an increase in the demand for antimicrobial medical textiles. However, after the emergence of noble coronavirus, there was a substantial increase in demand for medical textiles, resulting in a supply-and-demand mismatch. Healthcare personnel was primarily responsible for the rise in demand for antimicrobial textiles. When physicians or healthcare professionals contact several viral agents, cross-infection or cross-contamination is conceivable. Medical textiles contribute to the avoidance of cross-contamination. The most common application of antimicrobial fabrics is in clothing such as gowns, masks, and others. It is believed that the health sector will have a considerable demand for antimicrobial fabrics in the coming years, hence boosting the market for antimicrobial textiles.

The Growing Healthcare Industry in Emerging Regions to Create Global Antimicrobial Textiles Market Opportunities

The rise of the healthcare business in developing regions such as Asia-Pacific and LAMEA will enhance the need for medical textiles in the future. More significant government and corporate investment in the healthcare business, favorable government policies for expanding the healthcare sector, population growth, and other factors contribute to developing the healthcare industry in growing regions. In developing nations like India and China, where the textile sector is a crucial contributor to GDP, the need for high-quality antimicrobial textiles is predicted to increase in the coming years. This is anticipated to support the expansion of the antimicrobial textiles market in the Asia-Pacific region.

Regional Insights

North America will command the market with the largest share while growing at a CAGR of 7.4%. Among the factors contributing to the expansion of the antimicrobial textiles market in North America is an established healthcare sector, the military, and a greater awareness of the need for hygiene. In addition, silver nanoparticle-containing wound dressings are utilized due to their antibacterial properties. As North America is one of the leading participants in the wound dressings industry, this trend is anticipated to continue over the next few years. This is due to an increase in the frequency of chronic wounds, an increase in the senior population, healthcare expenses, and substantial market participants. In addition, during the projected period, the rise of the healthcare business in Mexico is anticipated to create lucrative opportunities.

Europe will hold a share of USD 7,018 million, growing at a CAGR of 7.9% during the forecast period. The presence of significant textile industries in Italy and Spain is one of the leading drivers of the growth of the antimicrobial textiles sector in Europe. Since the beginning of the pandemic, countries such as the United Kingdom, Italy, and Spain have experienced a surge in demand for antimicrobial medical textiles. One of the most prevalent applications for antibacterial medical fabric is wound treatment. Coloplast, Molnlycke Health Care AB, 3M, and others are primary European wound care market players.

Key Highlights

  • The global antimicrobial textiles market had a revenue share of USD 11,771 million in 2021, envisioned to reach USD 21,308 million growing at a CAGR of 7.7% during the forecast period. 
  • Based on fabric, the cotton segment is projected to advance at a CAGR of 7.6% and hold the largest market share.
  • Based on active agents, the synthetic organic compounds segment is projected to advance at a CAGR of 7.8% and hold the largest market share.
  • Based on application, the medical textiles segment is projected to advance at a CAGR of 8.1% and hold the largest market share.
  • Based on regional analysis, North America will command the market with the largest share while growing at a CAGR of 7.4%.

Competitive Players

Competitive Players in the Market

  • Aditya Birla Group
  • Fuji Chemical Industries, Ltd
  • Herculite, Inc.
  • Indorama Ventures Public Company Limited.
  • Kolon Industries, Inc.
  • Response Fabrics (India) Pvt. Ltd
  • Sanitized AG
  • Sarex Textile Chemicals 
  • Toyobo Co., LTD. (Toyobo)
  • Vardhman Holdings Limited (Vardhman Holdings).

Recent Developments

Market News

  • In 2022, Van Heusen, a dressing brand from Aditya Birla Group, launched new activewear, "Flex." 
  • In 2022, Aditya Birla Group announced the launch of a new 'House of Brands' entity- TMRW.

Segmentation

Market Segmentation

By Fabric

  • Polyester
  • Polyamide
  • Cotton
  • Others

By active agents

  • Metal & metallic salts
  • Synthetic organic compounds
  • Biobased agents

By application

  • Medical textiles
  • Home textiles
  • Apparels
  • Others

By region

  • North America 
  • Europe
  • Asia Pacific
  • LAMEA

 

Want to see full report on
Antimicrobial Textiles Market

Related Reports

WhatsApp
Chat with us on WhatsApp