Asia Pacific Smart Fabric in Fashion & Entertainment Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Asia Pacific Smart Fabric in Fashion & Entertainment Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Smart fabrics are the fabrics that have electronics and digital modules embedded in them. These are the fabrics that can intellect stimuli from the environment and adjust to those stimuli in a prearranged manner. Smart fabrics are different from wearable clothes in a way that wearable devices are only approved and contained by clothing, but smart fabrics have wearable devices incorporated into the fabrics.

Asia Pacific Smart Fabric in Fashion & Entertainment Market Segments Size & Growth:

Asia Pacific Smart Fabric in Fashion & Entertainment Market is accounted for $XX Billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth increase in wearable electronic industry fueling the Smart Fabric in Fashion & Entertainment market, rapid growth in low cost smart wireless sensors, increasing popularity on gadgets with advanced functions. However, high cost, and lack of regulations which are fettering the growth of the Asia Pacific Smart Fabric in Fashion & Entertainment market.

Asia Pacific Smart Fabric in Fashion & Entertainment Market Segments Share:

Asia Pacific Smart Fabric in Fashion & Entertainment market is categorized into by function which consists of sensing, thermoelectricity, energy harvesting, and luminescence & aesthetics. Sensing is the dominant market among another function segment in smart fabric market because of the textile sensors as they have the capability of sensing and monitoring in various applications

Asia Pacific Smart Fabric in Fashion & Entertainment Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
like personal protective equipment, medical, military, aerospace, and sports. By products, it is classified by active smart, ultra-smart, and passive smart.  The active smart fabric is the fastest growing among other product in the Asia Pacific smart factory market because of the integration of sensors as well as actuators. They are available in the form of heat evolving fabrics and also in electrically heated suits along with the features such as shape memory, heat storage, and water resistance. Among other materials light emitting or the luminous fabric is a type of fabric material that lights up; it is generally made of ultra-thin optic fibre directly woven with synthetic fibre.

By Geography, Asia Pacific is the fastest growing in the Asia Pacific textile market owing to boost healthcare as well as construction industry. Asian countries like China and India are driving the market in this region.

Asia Pacific Smart Fabric in Fashion & Entertainment Market Segments Trends:

  • In January 2017, Sensoria, Inc. introduced smart sock with ultra-lightweight with the incorporation of pressure sensors which will protect from sweat and water especially for athletes.
  • In March 2017, Google and Levis collaborated for “Project Jacquard” which is a smart jacket with a wearable technology which is interconnected with smartwatches as well as trackers.
  • In December 2017, Outlast has launched Outlast Xelerate a heat spreader to build up the heat for climatic regulations by using PCM process.
  • In August 2016, has introduced sports bars, smart socks, sensor T-shirts in which sensors are embedded to connect it with an app which tracks heart rate, gait as well as in-footwear pressure.

Asia Pacific Smart Fabric in Fashion & Entertainment Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players are:

  • Schoeller Technologies AG
  • Interactive Wear AG
  • Toray Industries
  • Google Inc.
  • Smartex S.R.L.
  • I.Du Pont De Nemours and company
  • Gentherm Incorporated
  • Kiyonna Clothing, Inc.

Along with these companies, there were many other companies considered/cited in the report while analysing the smart fabric in fashion & entertainment market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

PCM process. In August

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Asia Pacific Smart Fabric in Fashion & Entertainment Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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