The global e-textiles market comprises smart textiles and fabrics that have digital components and connectivity embedded within them. E-textiles find myriad applications including healthcare, fitness & sports, military & defense, and entertainment. They are worn close to the body and allow wearers to seamlessly interact with digital devices and integrate technology into their day-to-day lives. Global E-Textiles Market Growth offer numerous benefits such as real-time health monitoring, activity tracking, thermal regulation, and communication. Rapid advancements in miniaturized electronics and sensing technology have enabled the development of lightweight, flexible, and durable e-textiles.
The Global E-Textiles Market is estimated to be valued at US$ 6.45 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Global E-Textiles market are Alphabet, DuPont, Jabil, Sensoria, AIQ Smart Clothing, Adidas, Interactive Wear, Hexoskin, Gentherm, Outlast Technologies, Clothing+, Bally Ribbon Mills, ADETEXS, Embro Tech.
Surging demand for fitness & healthcare wearables and evolving lifestyles are fueling the growth of the e-textiles market. Rapid urbanization, increasing health awareness, emerging digitalization, and the growing popularity of wearable technology are some of the key factors driving the demand for smart garments and e-textiles globally.
Major market players are focusing on expanding their geographical presence and forging strategic partnerships with local manufacturers to capitalize on the promising prospects across emerging economies. Development of aesthetically appealing and high-performance product variants specifically catering to regional consumer preferences is expected to boost global market expansion over the forecast period.
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