Global antimicrobial textiles market is expected to garner $18.2 billion by 2027, witnessing a CAGR of 7.4% from 2020 to 2027, according to a research report published by Allied Market Research.
The antimicrobial textiles market is driven by many trends such as research and development, integration of innovative technologies, extended use cases in different sectors such as skincare, use during stays in space, and others.
Antimicrobial textiles are nothing but fiber substrates to which antimicrobial agents are applied. These fibers are trusted to boost the lifespan and performance of consumer products. Increase in demand for antimicrobial sports wears and awareness regarding health and hygiene are factors adding to the market growth.
As the healthcare sector in developing regions is anticipated to offer lucrative opportunities for industry participants of the antimicrobial textile market, the market has hopes to witness a positive growth graph in the post-COVID world.