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Global Smart Fabrics Market Size, Share, Analysis, Forecast: By Function: Sensing, Energy Harvesting, Luminescence and Aesthetics, Thermoelectricity, Others; By End Use: Sports and Fitness, Fashion and Entertainment, Medical, Transportation, Protection and Military, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Smart Fabrics Market Outlook
The global smart fabrics market size reached approximately USD 4.77 billion in 2023. The market is assessed to grow at a CAGR of 18.7% between 2024 and 2032 to attain a value of around USD 22.30 billion by 2032.
Key Trends in the Market
Smart fabrics, also known as smart textiles, electronic textiles, intelligent fabrics, and smart garments, refer to textiles that can detect and respond to environmental conditions through embedded digital components. They provide improved functionality, safety, and performance to users.
- One of the key smart fabrics market trends includes the rising emphasis on health and fitness, especially among the young population. Smart clothing supports customers in maintaining their optimal health and offers a personalised healthcare regime while stressing areas of improvement. The development of wearable textiles that can analyse the physical and mental health of a wearer to detect various health issues is anticipated to further fuel the market in the coming years.
- The rising demand for smart wearable devices, the increasing amalgamation of fashion and technology, the surging popularity of the Internet of things (IoT), and the growing development of rechargeable, miniature, and flexible electronic devices are favouring the smart fabrics market demand.
In addition, with the surging popularity of wearable gadgets and increasing competition between key players, innovative and cost-competitive smart fabrics equipped with advanced technologies are increasingly being developed.
- Sustainability has emerged as an important metric for the fashion industry due to high water consumption and greenhouse gas emissions during clothing manufacturing and excessive waste caused by fast fashion. This is fuelling the smart fabrics market expansion as smart textiles are emerging as a sustainable and ecological option to reduce garment waste, minimise the requirement for animal-based products, and facilitate recycling.
- Increasing investments in technological advancements and innovations aimed at boosting the capabilities and functionalities of e-textiles are anticipated to propel the smart fabrics market growth in upcoming years. Moreover, researchers are revolutionising the market by developing innovative fabrics that can detect human motion, enhance the comfortability and flexibility of smart clothing, and generate energy through smart textiles.
Market Analysis
Based on function, the market is segmented into sensing, energy harvesting, luminescence and aesthetics, and thermoelectricity, among others. On the basis of end use, the smart fabrics market segmentation includes sports and fitness, fashion and entertainment, medical, transportation, and protection and military, among others. The major regional markets for smart fabrics include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global smart fabrics market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Schoeller Textil AG
- Interactive Wear AG
- AiQ Smart Clothing Inc.
- NIKE Inc.
- Osmotex AG
- Sensoria
- OTEX Specialty Narrow Fabrics, Inc
- Jabil Circuit, Inc.
- EXO2 The Heat Inside
- Applycon, s. r. o.
- Others
Market Share by End Use
As per the smart fabrics market analysis, the usage of the material in protection and military applications is rapidly increasing. Smart textiles can react and sense stimuli, detect conditions that can lead to danger, provide instantaneous protection during threats, and prevent accidents by warning the wearer regarding hazardous conditions, hence they are ideal for protective clothing used in the military and defence sector.
Market Share by Region
North America holds a significant smart fabrics market share due to the growing demand for smart wearables in the region. In the United States and Canada, the usage of smart fabrics in the healthcare sector to enhance the quality of care and reduce the quality of life is significantly rising. This trend is expected to grow in the forecast period due to the rising ageing population and the surging prevalence of chronic diseases in these countries.
Competitive Landscape
Schoeller Textil AG, owned by Taiwanese Formosa Taffeta and Swiss-based Albers Group, is a company that is engaged in the manufacturing of textiles. With its headquarters in Switzerland, the company specialises in the production and development of innovative textile technologies. Its history dates back to 1868, and since then the company has established its position as a major provider of high-quality and performance textiles.
Interactive Wear AG, founded in 2005, is a producer and developer of electronic systems for use in wearable and textile integration systems. It utilises technologies such as connectivity components and flexible conductive textiles to provide functional solutions such as sense, light, and heating. Its products are utilised in the fashion, interior design, and sports sectors, among others.
AiQ Smart Clothing Inc. is a leader in the smart clothing sector that delivers insights into the human body. The company offers stainless steel fibre-based woven fabric for speciality glass such as automotive glass. It fuses textiles with semiconductors to develop innovative apparel that is intelligent and connected to solve various problems.
Other smart fabrics market players include NIKE Inc., Osmotex AG, Sensoria, OTEX Specialty Narrow Fabrics, Inc, Jabil Circuit, Inc., EXO2 The Heat Inside, and Applycon, s. r. o., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Function |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Smart Fabrics Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Fabrics Historical Market (2018-2023)
8.3 Global Smart Fabrics Market Forecast (2024-2032)
8.4 Global Smart Fabrics Market by Function
8.4.1 Sensing
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Energy Harvesting
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Luminescence and Aesthetics
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Thermoelectricity
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Smart Fabrics Market by End Use
8.5.1 Sports and Fitness
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Fashion and Entertainment
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Medical
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Transportation
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Protection and Military
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Smart Fabrics Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Smart Fabrics Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Smart Fabrics Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Smart Fabrics Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Smart Fabrics Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Smart Fabrics Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Schoeller Textil AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Interactive Wear AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 AiQ Smart Clothing Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 NIKE Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Osmotex AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Sensoria
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 OTEX Specialty Narrow Fabrics, Inc
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Jabil Circuit, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 EXO2 The Heat Inside
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Applycon, s. r. o.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Smart Fabrics Market: Key Industry Highlights, 2018 and 2032
2. Global Smart Fabrics Historical Market: Breakup by Function (USD Billion), 2018-2023
3. Global Smart Fabrics Market Forecast: Breakup by Function (USD Billion), 2024-2032
4. Global Smart Fabrics Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Smart Fabrics Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Smart Fabrics Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Smart Fabrics Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Smart Fabrics Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Smart Fabrics Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Smart Fabrics Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Smart Fabrics Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Smart Fabrics Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Smart Fabrics Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Smart Fabrics Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Smart Fabrics Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Smart Fabrics Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Smart Fabrics Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Smart Fabrics Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 4.77 billion.
The market is assessed to grow at a CAGR of 18.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 22.30 billion by 2032.
The rising demand for smart wearable devices and the development of smart fabrics that can analyse the physical and mental health of a wearer are the major market drivers.
The key trends aiding the market growth are the rising trend of sustainability, the growing emphasis on health and fitness, and surging investments in technological advancements and innovations aimed at boosting the capabilities and functionalities of e-textiles.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different end uses of the product are sports and fitness, fashion and entertainment, medical, transportation, and protection and military, among others.
The major players in the market are Schoeller Textil AG, Interactive Wear AG, AiQ Smart Clothing Inc., NIKE Inc., Osmotex AG, Sensoria, OTEX Specialty Narrow Fabrics, Inc, Jabil Circuit, Inc., EXO2 The Heat Inside, and Applycon, s. r. o., among others.
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