How big is the Smart Fabrics Market?

The Smart Fabrics Market size is expected to reach 6.81 million units in 2024 and grow at a CAGR of 10.85% to reach 11.38 million units by 2029. Read More

What is the current Smart Fabrics Market size?

In 2024, the Smart Fabrics Market size is expected to reach 6.81 million units. Read More

Who are the key players in Smart Fabrics Market?

AIQ Smart Clothing Inc., Adidas AG, NIKE Inc., ThermoSoft International Corporation and Kolon Industries Inc. are the major companies operating in the Smart Fabrics Market. Read More

Which is the fastest growing region in Smart Fabrics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Fabrics Market?

In 2024, the North America accounts for the largest market share in Smart Fabrics Market. Read More

What years does this Smart Fabrics Market cover, and what was the market size in 2023?

In 2023, the Smart Fabrics Market size was estimated at 6.07 million units. The report covers the Smart Fabrics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Fabrics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Fabrics Market Share

Statistics for the 2023 & 2024 Smart Fabrics market share, created by Mordor Intelligence™ Industry Reports. Smart Fabrics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Smart Fabrics Industry

The Smart Fabrics Market is fragmented because multiple vendors have been witnessed raising funding recently to be channelized onto productions. For instance, Xenoma raised funds through additional investment by AOKI and TOYOSHIMA. These instances cater to market rivalry. Further, forward integration has been witnessed when considering the integrator-level stakeholders. With companies like Hexoskin and Sensoria, the competition has risen concerning end-consumer manufacturability. Recent developments in the market are -

In May 2023, Schoeller Textil AG has announced to launch its new sustainable collection Re-Source as part of its comprehensive brand strategy. Re-Source uses recycled materials from both bio-based and polyester and spandex fabrics, while offering modern design and high functionality.

In Februray 2023, New textiles developed at Aalto University in Finland that change shape according to temperature levels, where This innovation offers opportunities in the apparel sector for adjustable aesthetics, fabrics that could help monitor people’s health, and improve thermal insulation.

In July 2022, Loomia Technologies, based in Culver City, California, collaborated with Advanced Functional Fabrics of America (AFFOA) to produce highly tactile, heated handwear for commercial/recreational and military customers. AFFOA will lead consumer discovery, provide architectural system designs, and create an interface control unit, while Loomia will contribute its innovative e-textile technology to making heated handwear a reality.