Market Overview:
The global NFC enabled clothing market is expected to grow at a CAGR of over 25% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for NFC-enabled clothes for both online and offline applications. In addition, the growing adoption of NFC technology in various industries is also contributing to the growth of this market. The global NFC enabled clothing market can be segmented on the basis of type into clothes and pants. The clothes segment is expected to account for a larger share of the global market than pants during the forecast period. This can be attributed to increased demand for smart garments such as T-shirts, jackets, hats, and others. On the basis of application,the global NFC enabled clothingmarket can be divided into online and offline applications.
Product Definition:
NFC Enabled Clothing is clothing that has been outfitted with a Near Field Communication (NFC) chip. This chip allows the wearer to interact with NFC-enabled devices, such as smartphones or tablets, by simply touching them together. NFC Enabled Clothing can be used for a variety of purposes, including making payments, controlling music playback, and accessing information about the garment itself. The importance of NFC Enabled Clothing lies in its ability to make everyday tasks simpler and more convenient for users.
Clothes:
Clothes is a device that can store data on it and also transfer the stored data through the electric field. The technology was firstly introduced in the form of rings, which were later on developed into smart cards. Smart cards are now being replaced by devices called as “NFC-enabled clothing” or “ NFC tags”, which are smaller in size and have more storage capacity than smart cards.
Pants:
Pants is a wireless technology based on the RFID (Radio-frequency identification) which allows mobile devices to communicate with each other and with peripheral devices like printers, card readers, etc. through radio signals. The technology is widely used in the manufacturing industry for inventory management and product tracking purposes.
Application Insights:
The online application segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing use of mobile payments and e-wallets is further driving the adoption of near field communication enabled clothing among online retailers as it allows them to accept payment directly from a customer¢â‚¬â„¢s bank account without having to enter credit card details every time.
Offline applications include retail stores, departmental stores, fashion shows and red carpet events, music festivals, political gatherings including Republic Day Parade in India and Independence Day celebrations in China among others where NFC technology can be used for various purposes such as advertising campaigns or ticketing systems.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early technology adoption by manufacturers and consumers. The region accounted for more than 35% of global share in 2017, which is anticipated to decline gradually over the forecast period due to saturation. However, high disposable income of consumers will support growth in this region.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing herringbone pattern being fashionable across countries including China, Japan and Korea among others. Furthermore, increasing penetration of online retailers such as Flipkart and Amazon in developing countries such as India will boost regional growth further on account of rising consumer preference for online shopping malls rather than traditional offline stores.
Growth Factors:
- Increasing demand for NFC-enabled clothing from the retail sector for inventory management and customer tracking purposes.
- The increasing popularity of contactless payments, which is driving the demand for NFC-enabled clothing.
- The growing number of fashion brands that are adopting NFC-enabled clothing to provide a better customer experience and differentiate their products in the market.
- The increasing use of NFC tags in smart textiles and sportswear to track performance data and improve safety features.
- Advances in technology that are making it easier to embed NFC chips into fabric, which is expected to drive growth in the market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
NFC Enabled Clothing Market Research Report
By Type
Clothes, Pants
By Application
Online, Offline
By Companies
Rochambeau Bright Bmbr, Moncler, KHONGBOON, DYNE, CashCuff, C Loudburst
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global NFC Enabled Clothing Market Report Segments:
The global NFC Enabled Clothing market is segmented on the basis of:
Types
Clothes, Pants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rochambeau Bright Bmbr
- Moncler
- KHONGBOON
- DYNE
- CashCuff
- C Loudburst
Highlights of The NFC Enabled Clothing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Clothes
- Pants
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the NFC Enabled Clothing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
NFC enabled clothing is clothing that has been specifically designed to interact with NFC tags. When the tag is placed near the clothing, it can be read and used to control various functions of the garment. This technology is often used in accessories such as hats, sunglasses, and watches.
Some of the major players in the nfc enabled clothing market are Rochambeau Bright Bmbr, Moncler, KHONGBOON, DYNE, CashCuff, C Loudburst.
The nfc enabled clothing market is expected to grow at a compound annual growth rate of 25%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 NFC Enabled Clothing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 NFC Enabled Clothing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 NFC Enabled Clothing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the NFC Enabled Clothing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global NFC Enabled Clothing Market Size & Forecast, 2018-2028
4.5.1 NFC Enabled Clothing Market Size and Y-o-Y Growth
4.5.2 NFC Enabled Clothing Market Absolute $ Opportunity
Chapter 5 Global NFC Enabled Clothing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 NFC Enabled Clothing Market Size Forecast by Type
5.2.1 Clothes
5.2.2 Pants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NFC Enabled Clothing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 NFC Enabled Clothing Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global NFC Enabled Clothing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 NFC Enabled Clothing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America NFC Enabled Clothing Analysis and Forecast
9.1 Introduction
9.2 North America NFC Enabled Clothing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America NFC Enabled Clothing Market Size Forecast by Type
9.6.1 Clothes
9.6.2 Pants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America NFC Enabled Clothing Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe NFC Enabled Clothing Analysis and Forecast
10.1 Introduction
10.2 Europe NFC Enabled Clothing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe NFC Enabled Clothing Market Size Forecast by Type
10.6.1 Clothes
10.6.2 Pants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe NFC Enabled Clothing Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific NFC Enabled Clothing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NFC Enabled Clothing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific NFC Enabled Clothing Market Size Forecast by Type
11.6.1 Clothes
11.6.2 Pants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific NFC Enabled Clothing Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America NFC Enabled Clothing Analysis and Forecast
12.1 Introduction
12.2 Latin America NFC Enabled Clothing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America NFC Enabled Clothing Market Size Forecast by Type
12.6.1 Clothes
12.6.2 Pants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America NFC Enabled Clothing Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) NFC Enabled Clothing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NFC Enabled Clothing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) NFC Enabled Clothing Market Size Forecast by Type
13.6.1 Clothes
13.6.2 Pants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) NFC Enabled Clothing Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 NFC Enabled Clothing Market: Competitive Dashboard
14.2 Global NFC Enabled Clothing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rochambeau Bright Bmbr
14.3.2 Moncler
14.3.3 KHONGBOON
14.3.4 DYNE
14.3.5 CashCuff
14.3.6 C Loudburst
