Drivers
High demand for smart textiles from the healthcare industry is augmenting the growth of smart and interactive textiles market. Smart textiles offer easy diagnosis and accurate risk assessment. These textiles have excellent properties such as comfortable, wear ability, and flexibility. Due to all these properties of smart fabrics, they are gaining huge demand from the healthcare industry and this expected to propel the market growth.
Strong demand from sports and fitness applications is expected to foster the the growth of smart and interactive textiles market. These fabrics offer an improved design and fashion elements in the finished products. Moreover, key manufacturers such as Adidas AG are incorporating such fabrics in the manufacturing of sports bras and t-shirts with a sensor.
Market Restraints
Limitation on the reusability of smart fabrics are restricting the adoption of these products. Moreover, the privacy issue associated with smart fabrics is anticipated to hinder the growth of smart and interactive textiles market.
Lack of rules and regulations associated with the production of standards and regulations is expected to hinder the market growth. Also, technical complications associated with the integration of electronics devices in smart fabrics is one of the major factors expected to restrict the market growth.
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