According to a report by ResearchAndMarkets.com, the market for conductive textiles is expected to grow at a CAGR of about 4% globally during the forecast period of 2021-2026.
Conductive textile materials are primarily used in smart fabric applications, including those that monitor body functions. They are also widely used in smart textile applications such as sensors, communication, heating textiles and electrostatic discharge clothing.
Asia-Pacific region is expected to dominate the market for conductive textiles during the forecast period of 2020-2025. In countries such as China, India and Japan, the demand for conductive textiles has been increasing.