The global market for smart fabrics was valued at US$4.5bn in 2022 and is projected to reach US$20.6bn by 2030, growing at a compound annual growth rate (CAGR) of 21.1% over the period 2022-2030, according to Smart Fabrics: Global Strategic Business Report.

Smart fabric stocks include firms that manufacture and market textiles. These textiles are embedded with components such as sensors, actuators and electronic textiles. They have uses, which include health monitoring, sports and fitness, and fashion.  

Sensing, for example has been projected to record a 21.7% CAGR and reach US$8.8bn by the end of the analysis period. This is partly due to the production of smart textiles for use in health as fabrics are embedded with sensors that are useful in tracking vital symptoms.

Investing in smart fabric stocks could be a significant opportunity as the sector continues to innovate and grow. Below, WTiN has analysed three fabric stocks.

DuPont de Nemours
The US-based company is a global innovator in various industries, including smart textiles. It offers innovative solutions and materials to industries such as textile and fashion.

Brands that are involved in the production of technical fabrics work with DuPont including Tyvek, Kevlar and Nomex.