For instance, according to report by Sport and Fitness Industry Association (SFIA), sports
equipment sales in the U.S. increased by 3.1% in 2018 as compared to the previous year. Asia
Pacific is expected to show high growth in smart fabrics market, owing to significant rise in the
standard of living in some of the emerging economies such as India, China, and Indonesia.
Moreover, rising textile industry in this region is expected to aid in growth of the market. For
instance, China was the third largest textile industry in the world in 2016-2017 by the records
published by International Trade Organization (ITA) and is expected to be the dominant in the
region throughout the analysis period (2017-2025).
Key players in the Smart Fabrics Market
Key players operating in the smart fabrics market includes AIQ Smart Clothing Inc., E. I. Du Pont
De Nemours and Company, Google, Texas Instruments, Kolon Glotech, Interactive Wear AG,
Ohmatex, Schoeller Textil AG, Sensoria, Textronics, Inc. Adidas Group, Outlast Technologies LLC,
Milliken
&
Company,
KCWW,
and
International
Fashion
Machines
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