Smart Clothing Market Scope and Analysis Report by 2031
Smart Clothing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.61 Billion |
Market Size by 2031 | US$ 15.21 Billion |
Global CAGR (2023 - 2031) | 24.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Smart Clothing Market News and Recent Developments
The smart clothing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for smart clothing and strategies:
- In April 2023, H & M Hennes & Mauritz GBC AB collaborated with LanzaTech to offer their customers a capsule collection made with CarbonSmart polyester, a ground-breaking material using repurposed carbon emissions. This partnership enables H&M Move to explore innovative materials and play their part in helping to create smart and more sustainable sportswear in the future. (Source: H & M Hennes & Mauritz GBC AB, Press Release, 2023)
Smart Clothing Market Report Coverage and Deliverables
The “Smart Clothing Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles