Smart Textiles Market Report 2026

The smart textiles market size has grown exponentially in recent years. It will grow from $7.46 billion in 2025 to $9.61 billion in 2026 at a compound annual growth rate (CAGR) of 28.9%. The growth in the historic period can be attributed to growth in wearable technology adoption, increasing demand for functional apparel, early development of conductive fibers, expansion of medical textile usage, rising defense and protection applications.

The smart textiles market size is expected to see exponential growth in the next few years. It will grow to $25.5 billion in 2030 at a compound annual growth rate (CAGR) of 27.6%. The growth in the forecast period can be attributed to growing demand for smart healthcare wearables, increasing adoption in sports and fitness monitoring, expansion of sustainable textile innovations, rising integration with digital platforms, continuous advancements in textile electronics. Major trends in the forecast period include increasing integration of sensors into textiles, rising adoption of wearable health monitoring fabrics, growing demand for adaptive and protective clothing, expansion of energy harvesting textile applications, enhanced focus on comfort and durability.

The rising demand for smart wearable devices is expected to drive the growth of the smart textiles market in the coming years. Smart wearable devices are electronic gadgets powered by microprocessors that are embedded into clothing, worn as accessories, or implanted in the body to send and receive data via the internet. These devices include smart jackets, smart glasses, smart shirts, smart jewelry, smart watches, and more. Demand for smart wearable devices is increasing as they provide real-time information on users’ well-being and represent the future of portable energy systems, high-tech sportswear, health monitoring systems, workwear, and military camouflage. For example, in April 2025, the UK Parliament's House of Commons Library, a UK-based government body, reported that between 2023 and 2024, the NIHR and UKRI invested £11.5 million (approximately USD 15 million) in 10 research projects focused on developing wearable technologies to enhance independence for people living with frailty or long-term physical disabilities. Consequently, the growing demand for smart wearable devices is supporting the expansion of the smart textiles market.

Leading companies in the smart textiles market are concentrating on product innovations and the development of new technologies, such as blockchain, to improve supply chain transparency, traceability, and security. These advancements help ensure the authenticity of materials and enhance the sustainability of textile production. Blockchain technology, a decentralized digital ledger, securely records transactions across multiple systems, providing an immutable and transparent record. For example, in March 2023, a Switzerland-based textile manufacturer introduced Re-Source, a line of textiles made from bio-based materials, recycled polyester, and spandex. This approach not only repurposes used materials but also helps reduce waste within the textile industry.

In March 2023, Archroma, a chemicals company based in Switzerland, acquired Huntsman Corporation for an undisclosed sum. This acquisition allows Archroma to enhance its product portfolio and expand its market presence, while also reinforcing its dedication to sustainable solutions and innovation within the specialty chemicals sector. Huntsman Corporation, headquartered in the United States, specializes in manufacturing a diverse array of chemical products.

Major companies operating in the smart textiles market are Koninklijke Ten Cate NV, Schoeller Textil AG, Eeonyx Corporation, AiQ Smart Clothing Inc, Sensoria Inc, Noble Biomaterials, Interactive Wear AG, Mitsufuji Corporation, Xenoma Inc, Teijin Frontier Co. Ltd., Nextiles, Ohmatex A/S, Siren, Centre for Process Innovation Limited CPI, Vaxess Technologies, Nanowear, Adidas AG, Smart Textiles LLC, Hi-Tec Sports, Fibrofill Inc.

North America was the largest region in the smart textiles market in 2025. The regions covered in the smart textiles market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart textiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart textiles market consists of sales in aesthetics, data processing, and smart fabrics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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