Popularity Of Sports and Fitness has Propelled the Growth of Smart Clothing in the APAC Region!
- Vikas Kumar
- July 28, 2023
- CONSUMER GOODS, NEWS
- 1 Comment
The Asia-Pacific region is experiencing significant growth in the smart clothing market due to various factors. The increasing adoption of wearable technology, increasing health consciousness among the population, growing popularity of sports and fitness, and increasing investment in smart clothing technology are all contributing to this growth. The region is home to a large and growing middle class, and many people are becoming more health-conscious, leading to a greater interest in sports and fitness. This, in turn, has led to a growing demand for smart clothing that can help people improve their performance and achieve their fitness goals.
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The popularity of sports and fitness in the region is growing rapidly, driven by factors such as the increasing availability of sports facilities, the growing popularity of online fitness platforms, and the increasing popularity of sports such as yoga and Pilates. Overall, the increasing interest in sports and fitness, growing adoption of wearable technology, increasing health consciousness, increasing popularity of sports and fitness, and increasing investment in smart clothing technology are all contributing to the growth of the smart clothing market in the Asia-Pacific region.
FIG. 1 Smart Clothing Market Revenue (2020-2028)- USD Mn
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· Based on products, the market is segmented into outerwear, innerwear, and others. The outerwear category is anticipated to witness the highest CAGR during the forecast period. The rising demand for outerwear such as smart shirts, jackets, and others is one of the key factors driving the growth of the market. A smart shirt is a type of smart clothing that provides biometric data such as heart rate, body temperature, muscle stretch, heart rhythm, and physical activity. Smart shirts are designed with electronic sensors that collect and transmit data to a connected device such as a smartphone.
· Based on technology, the market is divided into active smart, passive smart, and ultra-smart. The active smart category held a dominating share of the market in 2021. The growth of this segment can be attributed to the benefits associated with active smart clothes such as the ability to track physical activity, monitor health condition, monitor sleep patterns, improve athletic performance, etc. Moreover, the growing use of smart clothing in different industries such as healthcare, defence, and others is further propelling the growth of the market.
Global Smart Clothing Market Segmentation
Market Insight, by Product
· Outwear
· Innerwear
· Others
Market Insights, by Technology
· Military & Defence
· Sports & Fitness
· Healthcare
· Others
Market Insights, by End-User
· Active Smart
· Passive Smart
· Ultra Smart
Market Insight, by region
· North America
o U.S.
o Canada
o Rest of North America
· Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
· APAC
o China
o Japan
o India
o Rest of APAC
· Rest of the World
Top Company Profiles
· AiQ Smart Clothing
· TORAY INDUSTRIES, INC.
· Vulpés Electronics GmbH
· Sensoria Inc
· DuPont
· WEARABLE X
· Myzone
· Siren
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