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| Market size in 2024 | US$ 1.23 billion |
Forecast Market size by 2030 | US$ 2.87 billion |
|---|---|---|---|
| Growth Rate | CAGR of 15.2% | Number of Pages | 139 Pages |
The global Smart Fabrics for Sports and Fitness market size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 2.87 billion by 2030, at a CAGR of 15.2% during the forecast period 2024-2030.
The United States Smart Fabrics for Sports and Fitness market size was valued at US$ 412.6 million in 2024 and is projected to reach US$ 934.5 million by 2030, at a CAGR of 14.6% during the forecast period 2024-2030.
Smart Fabrics for Sports and Fitness are textiles integrated with electronic components or conductive materials, capable of sensing, reacting to, and adapting to environmental conditions or stimuli, used in sportswear and fitness apparel for performance monitoring and enhancement.
The global Smart Fabrics for Sports and Fitness market is experiencing rapid growth, driven by increasing health consciousness, the popularity of wearable technology, and advancements in textile engineering. In 2023, total unit sales reached 18.5 million garments, with performance monitoring applications accounting for 60% of market value. The muscle activation and recovery segment is the fastest-growing at 18.5% annually. Key trends include a 45% increase in demand for seamlessly integrated sensor fabrics in 2023, reflecting the push for more comfortable and unobtrusive smart clothing.
Moisture-wicking and thermoregulating fabrics dominate with a 70% market share, but energy-harvesting textiles are growing at 22% annually, albeit from a smaller base. North America leads with a 40% market share, while Asia Pacific is the fastest-growing region at 16.8% CAGR. The industry is focusing on developing washable and durable electronic textiles, with a 50% increase in R&D investments for waterproof and flexible electronic components. There's also a significant trend towards sustainability, with a 35% year-over-year increase in the use of recycled materials in smart fabric production.
Report Overview
Smart fabrics are made by incorporating smart materials, conductive polymers, encapsulated phase change materials, shape memory polymers, electronic sensors, and communication equipment.
Smart Fabrics for Sports and Fitness Market provides a deep insight into the global Smart Fabrics for Sports and Fitness market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Fabrics for Sports and Fitness Market, Smart Fabrics for Sports and Fitness Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, Smart Fabrics for Sports and Fitness Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Fabrics for Sports and Fitness market in any manner.
Global Smart Fabrics for Sports and Fitness Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Smart Fabrics for Sports and Fitness Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 1.23 billion |
| Forecast Market size by 2030 | US$ 2.87 billion |
| Growth Rate | CAGR of 15.2% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 139 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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