Report ID: SQMIG25K2097
Report ID:
SQMIG25K2097 |
Region:
Global |
Published Date: December, 2024
Pages:
238
|
Tables:
92 |
Figures:
76
Global Antimicrobial Textile Market size was valued at USD 11.77 billion in 2022 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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Report ID: SQMIG25K2097