Related Keywords: anti-bacterial properties, enhance fabric with several features, estimated to reach a value of USD seven thousand seven hundred thirty, followed by Europe, Global smart textiles market, increase use of nanotechnology, North America dominated overall market, register a high growth rate, Smart Textiles, UV protection, water and stain resistance
The global smart textiles market was worth US$700million and is estimated to reach a value of US$7,730m by the end of 2023, projected to grow by nearly 30.80% between 2015 and 2023, according to the research study in 2014.
One of the major factors driving the global smart textile market is increasing use of nanotechnology in smart textiles.
The adoption of nanotechnology helps in enhancing the fabric with several features such as water and stain resistance, UV protection, and anti-bacterial properties.