Smart Underwear Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Global Smart Underwear Market Size Is Expected To Grow From USD 3.6 Billion In 2021 To 2030, At A CAGR Of 10.2% During The Forecast Period.
Smart Underwear Market Overview:
Smart underwear is a unique piece of clothing that helps prevent pressure sores and all diseases related to the lower body. Smart underwear also helps reduce the risk of pressure sores at the base of the spine. This technology helps improve the care of individuals who are basically confined to beds and wheelchairs. These smart underwear can be classified according to the IoT used and the smart material used to make this underwear. The smart materials used to make these underwear provide antibacterial and antibacterial, drying, breathable, temperature regulating, deodorizing, and other factors as key functions. On the other hand, there is also smart underwear that uses sensor technology to help monitor and track various health-related things. This smart underwear helps patients prevent pressure sores by using electrical stimulation to create short-term contractions in muscles that have been compressed for a long time. The use of smart underwear is also done to relieve back pain and to track other body essentials such as heart rate, body temperature, humidity control, and more. IoT-based underwear is newly launched and has yet to capture the market. Companies committed to manufacturing IoT-based smart underwear are on the list of other players.
This growth is primarily driven by changing lifestyles and standards fueled by rising disposable incomes, an aging population, and an increasing number of patients affected by many health conditions. It is expected to boost the growth of the global market for smart underwear and the widespread use of these garment technologies. It is believed to thrive the growth of smart underwear in the treatment and monitoring of health and rapid urbanization.
Smart Underwear market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Smart Underwear market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global Smart Underwear Market:
Market Key Players:
Victoria's Secret, Aimer, Chromat, Greenyarn, TORAY, New Textile Technologies, GUNZE LIMITED, Cyrcadia Health, And Others.
Smart Underwear Market by Types:
- Cotton, Wool, Linen, Silk, PVC, and Others
Smart Underwear Market by Applications:
- Men, Women, Kids
Smart Underwear Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
North America is expected to be the largest smart underwear market during the forecast period. Latin America is expected to be the best-performing market for smart underwear in terms of value and volume. Europe is expected to be the second-best-performing market for smart underwear.
- North America
- Rest of North America
- The Netherlands
- Nordic Countries
- Benelux Union
- Rest of Europe
- Rest of Southeast Asia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Significant Market Dynamics:
- Changing lifestyles and standards fueled by rising disposable income
- A growing aging population and a growing number of patients affected by many health conditions are expected to propel the global market growth for smart underwear.
- The widespread use of these apparel technologies in the treatment and monitoring of health and rapid urbanization is believed to be thriving in the growth of smart underwear.
- The growing adoption of advanced technology products and rising demand for smart medical devices are expected to fuel the growth of the smart underwear market.
- Availability of alternative products
- Lack of awareness of smart underwear
- Increased interest in price reduction through new product inventions, increased R&D activities to develop more advanced and latest technology products, and growing demand for smart underwear in the medical sector for health tracking are considered as one of the driving forces for rapid growth. Growing demand for smart underwear and smart underwear in developed and emerging markets
- Concerns about the health and hygiene of consumers due to the high cost of smart underwear and the use of smart underwear
Report Scope of Global Smart Underwear Market:
CAGR of 10.2% from 2022 to 2030.
Cotton, Wool, Linen, Silk, PVC, Others
Men, Women, Kids
Victoria's Secret, Aimer, Chromat, Greenyarn, TORAY, New Textile Technologies, GUNZE LIMITED, Cyrcadia Health
Regions and Countries Covered
2017 to 2022
2023 to 2030
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
- The growth factors of the Market are discussed in detail wherein the different end users of the Market are explained in detail.
- Data and information by Market player, region, type, application and etc., and custom research can be added according to specific requirements.
- The report contains the SWOT analysis of the Market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions-
What is the CAGR of Smart Underwear market?
The Smart Underwear Market is growing at a CAGR of 10.2% During Forecast Period.
What are the key types of Smart Underwear market?
Cotton, Wool, Linen, Silk, PVC, Others
What are the key applications of Smart Underwear market?
Men, Women, Kids
Who are the key players in Smart Underwear market?
Victoria's Secret, Aimer, Chromat, Greenyarn, TORAY, New Textile Technologies, GUNZE LIMITED, Cyrcadia Health, And others.Any special requirements about this report, please let us know and we can provide a custom report.
Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.