The global Antimicrobial Textile market value was estimated at 9.5 (USD Billion) in 2019 and is projected to hit 12.8 (USD Billion) by 2025 growing at a CAGR of nearly 5.4% during the period from 2019 to 2025.
Demand:
- High demand from the wound care market, which comprises products such as non-implantable goods and healthcare & hygiene products can stimulate market growth.
- The increasing number of hospitals and government initiatives aimed at creating awareness about first-aid kits are expected to augment the demand for these products over the forecast period.
- The increasing penetration of antimicrobial textiles in the global textile market is attributed to the rising number of durable and safe antimicrobial finishes. The availability of customization according to the requirements in various industries coupled with growing applications in the medical and apparel industries is expected to complement market growth.
Source: GrandViewresearch.com13