Increase in usage of smart textiles in the fashion & entertainment industry is expected to create sizable business opportunities in the Smart Fabrics Market
WILMINGTON, DE, UNITED STATES, December 21, 2024 /EINPresswire.com/ -- The global Smart Fabrics Market, valued at USD 3.3 billion in 2021, is projected to grow at an impressive CAGR of 19.6% between 2022 and 2031. By the end of 2031, the market is expected to reach USD 21.8 billion, driven by advancements in wearable technology, increased demand for smart textiles in healthcare, and innovation in connected clothing.Smart and intelligent textiles find application in the manufacturing of sportswear. ThermoLite is one such lightweight synthetic insulation fabric used to produce sportswear specifically intended for outdoor sports. Hence, increase in participation in sport activities is projected to create lucrative avenues in the global industry during the forecast period.
๐จ๐ป๐น๐ผ๐ฐ๐ธ ๐๐๐น๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐๐ถ๐ด๐ต๐๐: ๐๐ฒ๐ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ก๐ผ๐! https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31058
Demand for cosmetotextiles fabrics is increasing in the sports & fitness and medical & healthcare sectors owing to their polymeric nature. These fabrics are known for releasing active ingredients when they are exposed to the external surface of a human body. Micro-encapsulation technology is utilized in the production of cosmetotextiles. With the help of this technology, smart fabrics can be incorporated with fragrances, antibacterial agents, skin softeners, drug delivery systems, and thermoregulation.
Smart Fabrics Market: Key Findings
โข Smart fabrics allow for interaction with the surrounding environmental conditions. Moreover, these fabrics can be utilized for data transmission using lead wires embedded in sensors in order to establish communication through clothing and wearable devices. The popularity of smart materials is increasing in the fashion & entertainment industry owing to their ability to offer distinct features to garments. These materials alter the color, size, and shape of garments. Hence, the expansion of the fashion & entertainment industry is leading to profitable prospects in the global market.
โข Awareness regarding environmental issues is increasing among the global population. Moreover, companies are focusing on the development of daily-use products with improved lifespan. The concept of e-textiles is gaining impetus owing to varied advantages it offers, which include improved durability, customizable styles, and greater longevity. Hence, the adoption of e-textiles can help in reducing the quantity of textiles-generated wastes. Such factors are positively impacting the overall growth of the Smart Fabrics Market.
Smart Fabrics Market: Growth Drivers
โข Increase in adoption of smart fabrics in the healthcare industry is expected to create business opportunities in the market during the forecast period
โข Expansion of the sports & fitness industry is leading to revenue-generation opportunities in the market
Smart Fabrics Market: Key Players
Some of the key players profiled in the report are:
โข Alphabet Inc.
โข DuPont
โข AiQ Smart Clothing Inc.
โข Jabil Inc.
โข Gentherm Incorporated
โข Sensoria
โข Outlast Technologies
โข Interactive Wear
โข Hexoskin
โข Adidas
๐ฉ๐ถ๐๐ถ๐ ๐ผ๐๐ฟ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ผ ๐ด๐ฎ๐ถ๐ป ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ถ๐ป๐๐ถ๐ด๐ต๐๐ - https://www.transparencymarketresearch.com/smart-fabrics-market.html
Smart Fabrics Market Segmentation
Product
โข Ultra-smart Fabrics
โข Active Smart Fabrics
โข Passive Smart Fabrics
Function
โข Energy Harvesting
โข Sensing
โข Thermoelectricity
โข Luminescent
End-use
โข Sports & Fitness
โข Medical & Healthcare
โข Automotive & Transportation
โข Protection & Safety/Military
โข Fashion & Entertainment
โข Home & Architecture
โข Others
Regions Covered
โข North America
โข Latin America
โข Europe
โข Asia Pacific
โข Middle East & Africa
๐๐ฟ๐ผ๐๐๐ฒ ๐ ๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ๐บ๐ถ๐ฐ๐ฎ๐น๐ ๐ฎ๐ป๐ฑ ๐ ๐ฎ๐๐ฒ๐ฟ๐ถ๐ฎ๐น๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ ๐ฅ:
Sulfuric Acid Market Size - Sulfuric Acid Market to Reach US$ 18.2 Bn by 2031.
3D Printing Materials Market Share - 3D Printing Materials Market to Register CAGR of 20.4% from 2022 to 2031.
๐๐ฏ๐ผ๐๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
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