Smart Textiles Market - Forecasts from 2025 to 2030

The smart textiles market is anticipated to expand at a CAGR of 8.22% over the forecast period, increasing from US$1,341.387 million in 2025 to US$2,331.343 million by 2030.
Smart textiles are fabrics in which digital components like batteries and sensors are embedded to provide added value to the wearer. Growing investments and the proliferation of nanotechnology are significantly driving the smart textiles market growth. This is further supported by the declining cost of electronics and electric components.
The booming sports industry is one of the major factors that is augmenting the demand for smart textiles worldwide. Another factor that is spurring the demand for smart textiles is the continuous rise in the military budget of various countries. Rising disposable income and increasing awareness about these types of textiles are also inducing consumers to buy these for remote heartbeat monitoring and other body vitals as the prevalence of chronic diseases such as diabetes, cardiovascular disorders, and asthma is increasing.
As per Centers for Disease Control and Prevention (CDC) data of February 2024, in the USA, diabetes patients were about 38 million, and around 98 million Americans were accounted to have prediabetic condition. This is expected to lead to serious healthcare complications such as heart disease, blindness, and kidney failure. In addition, companies are heavily invested in this market as they see huge growth and potential in these smart textile solutions and have also been engaged in developing new and innovative products.
Smart Textiles Market Growth Drivers

Booming sports industry
The growing global sports industry is one of the major drivers of the smart textiles market. With people becoming enthusiastic about various sports such as cricket, basketball, and football, sports agencies need proper performance-tracking management to be a strong competitor on the field. As such, there has been a rise in the adoption of data-driven technologies and solutions, including wearable devices and smart textiles, thereby driving market growth. This growth is being complemented by higher allocation of government budgets toward sports. For example, the budget allocation of the Ministry of Youth Affairs and Sports was shown an inclination of over 11 percent from Rs. 466 crores during 2004-05 to Rs. 3,397.32 crores in the financial year of 2023-24. Meanwhile, the amounts allocated for the Department of Sports increased from the previous year's budgetary allocation of Rs. 2,254 crores to the Rs. 2,462.59 crores in 2023. Sports team owners are also funneling investments in the latest technologies and solutions to compete strongly with their opponents. For instance, to gain an advantage in the game, Premier League teams like Arsenal and Liverpool are utilizing missile-tracking technology to map and anticipate the movement of players.
Smart textiles market geographical outlook:

The North American region is expected to hold substantial market share in the projected period.
The United States smart textile market will grow significantly in the coming years, driven by these factors and others. The sports and fitness industry is a major market driver, followed by the healthcare and military and defense industries. The market will also see new entrants and innovative products as technological advancements continue to drive the development of new and innovative smart textile products. Wearable technology is becoming increasingly popular among consumers in the United States, driving the demand for smart textiles. Smart textiles can be integrated into wearable devices, such as smartwatches, fitness trackers, and smart clothing, to provide additional functionality and features.
The demand for wearables is rising in the United States, impacting the market for smart textiles in the coming years. For instance, the sales of Apple Inc., one of the largest manufacturers of new and advanced wearable devices, increased significantly from 2021 to 2023. The sales for wearables, homes, and accessories were USD38,367 million in 2021, which increased to USD39,845 in 2023.
Furthermore, the United States military has been one of the early adopters of smart textiles, using them in uniforms and other equipment to monitor vital signs and track the location of personnel. The use of smart textiles in the military is growing, positively impacting the overall market. The U.S. Army has been developing smart textiles for use in soldier uniforms and equipment.
Moreover, the US smart textiles market is significantly affected by the demand for exercise and physical activities in the country. The percentage of adults who meet physical activity standards is an important factor in the US smart textiles market. This is because smart textiles can be used to monitor physical activity levels and provide feedback to individuals, encouraging them to stay active and reach their fitness goals. By using smart textiles to monitor physical activity, individuals can better understand their performance and progress, leading to more effective training regimens and a higher likelihood of meeting physical activity standards.

Reasons for buying this report:

Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.

Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.

Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.

Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.

Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

Historical data & forecasts from 2022 to 2030

Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis

Competitive Positioning, Strategies, and Market Share Analysis

Revenue Growth and Forecast Assessment of segments and regions including countries

Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The Smart Textiles Market is analyzed into the following segments:

By Type

Active Smart Textile
Passive Smart Textile
Others

By Function

Luminescent
Sensing
Energy harvesting
Others

By Industry Verticals

Fashion and entertainment
Sports and Fitness
Healthcare
Automotive
Military and Defense
Others

By Geography

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
Japan
South Korea
India
Indonesia
Thailand
Others