Global Nanotechnology Clothing Market Trends And Strategies Of Major Players In The Nanotechnology Clothing Market 2021-2030

24 Sep, 2021

The nanotechnology clothing market consists of sales of clothes that use nanotechnology or nano fabrics. Nanoparticles are increasingly used along with fibers or as a coating on clothing to enhance the surface characteristics of clothes such as microbicidal, waterproof, antistatic or UV-protection, color durable, dirt-resistant, odor-resistant, stain-resistant, wrinkle-resistant, and better thermal performance. The nanotechnology applications include nanowhiskers, silver nanoparticles, nanopores, and nanoparticles.

Global Nanotechnology Clothing Market Size And Drivers:

The global nanotechnology clothing market is expected grow from $4.24 billion in 2020 to $6.3 billion in 2021 at a compound annual growth rate (CAGR) of 48.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $14.52 billion in 2025 at a CAGR of 23%. The rising use of nanotechnology clothing in the medical industry, owing to its anti-microbial properties, is expected to drive the nanotechnology clothing market.

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Trends In The Global Nanotechnology Clothing Market

The launch of new products incorporating wearable technology is a key trend shaping the growth of the market. Major players operating in the nanotechnology clothing market are launching a new line of clothing with wearable technology in order to maintain their competitive position in the global market. For instance, in January 2019, Teijin Frontier, a textile company of the Teijin Group launched a new line of sportswear and other clothing incorporating wearable solutions. The company showcased the product range at the 5th Wearable Expo at Tokyo Big site, a leading trade fair for wearable devices and related technology. The integration of technology with nano clothing is projected to be a major trend in the nanotechnology clothing industry over the next coming years.

Global Nanotechnology Clothing Market Segments:
The global nanotechnology clothing market is further segmented –
By Type: Nanocoated Textiles, Nanoporous Textiles, Fabrics Consisting of Nanofiber Webs, Composite Fibres based on Nanostructures
By Application: Healthcare, Packaging, Sports and Leisure, Defense, Home and Household, Environmental Protection, Geotextiles, Others
By End-User: Men, Women, Kids
By Geography: The global nanotechnology clothing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Nanotechnology Clothing Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides nanotechnology clothing market overviews, analyzes and forecasts market size and growth for the global nanotechnology clothing market, nanotechnology clothing market share, nanotechnology clothing market players, nanotechnology clothing market segments and geographies, nanotechnology clothing market’s leading competitors’ revenues, profiles and market shares. The nanotechnology clothing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.