The global smart textiles market was worth US$700million and is estimated to reach a value of US$7,730m by the end of 2023, projected to grow by nearly 30.80% between 2015 and 2023, according to the research study in 2014.
One of the major factors driving the global smart textile market is increasing use of nanotechnology in smart textiles.
The adoption of nanotechnology helps in enhancing the fabric with several features such as water and stain resistance, UV protection, and anti-bacterial properties.
In 2014, North America dominated the overall market holding a 40.1% share in the global smart textile market, followed by Europe. In the forecast period, North America market is predicted to remain in the leading position and register a high growth rate.
The global smart textile market comprises sports and fitness, entertainment, healthcare, automotive and military/defence. In 2014, the military and defence segment led the overall market, holding a 28.7% share in the global smart textile market.
Smart textiles are also embedded with electronic devices and other components, owing to which their production cost is quite high and is thus acting as a preventive factor for the growth of the global smart textile market.
Researchers at the University of Fukui have developed a method that could simplify the recycling of coloured polyester textiles by…
Sabrina Mostafa has highlighted rice husk as a low-cost alternative to conventional decolouring agents for textile wastewater treatment in Bangladesh.
Living Ink Technologies has been named among TIME magazine’s Best Inventions of 2026 in the Sustainability category for its Algae…
Polyester filament yarn manufacturers across North and Central America have launched YarnProof, an origin verification system powered by FibreTrace technology.
Cotton Brazil has launched ‘Hanging by a Thread’ movement, highlighting concerns about microplastics and encouraging greater consideration of natural fibres.
Wrangler has introduced a fleece outerwear collection featuring Hay Away, a fabric technology to prevent hay and grass from clinging…