by The global e-textiles market is experiencing increased adoption driven by the integration of smart sensors and connectivity technologies that enable real-time health and activity monitoring in wearable products. E-textiles or smart garments are fabric or clothes that have been enhanced or activated by the addition of technologies and electronic functions and features. Common applications of e-textiles include athletic apparel, military uniforms, medical garments and fashion wear. They offer advantages like comfort, flexibility, and convenience through embedded technologies to collect biometric and environmental data, enhance safety, and enable wireless communication.
The Global E-Textiles Market is estimated to be valued at US$ 3.74 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 To 2031.
With growing health awareness and the need for remote patient monitoring, the demand for medical e-textiles for continuous diagnostics and treatment is rising significantly. The increasing penetration of wearable technology in consumer products is also propelling the need for smart and connected fabrics.
Key Takeaways
Key players operating in the Global E-Textiles Market Growth are Alphabet, DuPont, Jabil, Sensoria, AIQ Smart Clothing, Adidas, Interactive Wear, Hexoskin, Gentherm, Outlast Technologies and Clothing+.
The rising trend of remote health monitoring and preventive healthcare is driving higher consumption of smart medical garments and wearables for real-time diagnostics and treatment. There is increasing demand for integrated sensors in athletic apparel, military uniforms and fashion wear to enable activities like health tracking, safety alerts, wireless payments etc.
Leading brands are expanding their product portfolio and global footprint to tap the growing opportunities in emerging markets like Asia Pacific and Latin America. Several companies are focusing on developing versatile, breathable and durable e-textiles for various consumer and industrial applications through continued innovations.
Market Key Trends
One of the key trends gaining traction in the global e-textiles market is the increased integration of smart sensors for real-time health monitoring. Players are focusing on advanced sensor technologies like EMG sensors, temperature sensors, pulse sensors etc. to enable continuous tracking of vital parameters. This allows for remote patient monitoring and early disease detection. Other trends include development of anti-microbial e-textiles, integration of haptics, and use of phase change materials for improved thermal regulation.
Porter’s Analysis
Threat of new entrants: New entrants face high initial costs to establish manufacturing units and enter long term agreements with raw material and component suppliers.
Bargaining power of buyers: Buyers have moderate bargaining power as there are several established players offering a range of e-textile products.
Bargaining power of suppliers: Suppliers of raw materials and components have moderate to low bargaining power due to availability of substitute materials and suppliers.
Threat of new substitutes: Threat from new substitutes is high as new materials offering better performance attributes continue to emerge.
Competitive rivalry: Intense rivalry exists among existing players to continuously improve product features and expand into new application areas.
Geographical Regions
North America accounts for the largest share of the global e-textiles market and is expected to maintain its dominance during the forecast period. Growing adoption of wearable technology, strong presence of leading players, and increasing demand from medical and military sectors drive the North American market.
Asia Pacific region is poised to grow at the fastest pace till 2031. Countries such as China, India, Japan and South Korea present substantial growth opportunities. Rising health awareness, improving living standards, rapid industrialization and adoption of smart fashion are key factors fueling demand for e-textiles in Asia Pacific. China, in particular, is a major manufacturing hub for smart garments and emerging as a centre of innovation.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it.
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
