| Product Code: ETC5576283 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s smart textiles import Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw a shift in top exporting countries in 2024, led by China, Poland, Italy, Turkey, and Germany. Despite a moderate CAGR of 1.89% from 2020 to 2024, the sector experienced a sharp decline in growth rate from 2023 to 2024 at -31.89%. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. This dynamic Market Top 5 Importing Countries and Market Competition (HHI) Analysis scenario suggests a need for strategic adjustments and Market Top 5 Importing Countries and Market Competition (HHI) Analysis insights to navigate the changing import trends in Bulgaria`s smart textiles industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Smart Textiles Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Smart Textiles Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Smart Textiles Market - Industry Life Cycle |
3.4 Bulgaria Smart Textiles Market - Porter's Five Forces |
3.5 Bulgaria Smart Textiles Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Bulgaria Smart Textiles Market Revenues & Volume Share, By Function , 2021 & 2031F |
3.7 Bulgaria Smart Textiles Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Bulgaria Smart Textiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for innovative and functional textiles in various industries such as healthcare, sports, and fashion. |
4.2.2 Growing awareness and adoption of wearable technology and smart fabrics among consumers. |
4.2.3 Government initiatives and funding to promote research and development in smart textiles technology. |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart textiles production and implementation. |
4.3.2 Limited consumer awareness and acceptance of smart textiles in Bulgaria. |
4.3.3 Lack of skilled workforce and expertise in the smart textiles industry. |
5 Bulgaria Smart Textiles Market Trends |
6 Bulgaria Smart Textiles Market Segmentations |
6.1 Bulgaria Smart Textiles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Smart Textiles Market Revenues & Volume, By Passive smart textile, 2021-2031F |
6.1.3 Bulgaria Smart Textiles Market Revenues & Volume, By Active/ultra-smart textiles, 2021-2031F |
6.2 Bulgaria Smart Textiles Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Smart Textiles Market Revenues & Volume, By Sensing, 2021-2031F |
6.2.3 Bulgaria Smart Textiles Market Revenues & Volume, By Energy Harvesting? and Thermo Electricity, 2021-2031F |
6.2.4 Bulgaria Smart Textiles Market Revenues & Volume, By Luminescence & Aesthetics, 2021-2031F |
6.2.5 Bulgaria Smart Textiles Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Smart Textiles Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Smart Textiles Market Revenues & Volume, By Military & Protection, 2021-2031F |
6.3.3 Bulgaria Smart Textiles Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Bulgaria Smart Textiles Market Revenues & Volume, By Sports & Fitness, 2021-2031F |
6.3.5 Bulgaria Smart Textiles Market Revenues & Volume, By Fashion & Entertainment, 2021-2031F |
6.3.6 Bulgaria Smart Textiles Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.7 Bulgaria Smart Textiles Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Smart Textiles Market Import-Export Trade Statistics |
7.1 Bulgaria Smart Textiles Market Export to Major Countries |
7.2 Bulgaria Smart Textiles Market Imports from Major Countries |
8 Bulgaria Smart Textiles Market Key Performance Indicators |
8.1 Percentage increase in the number of partnerships between smart textiles companies and research institutions. |
8.2 Rate of adoption of smart textiles in key industries in Bulgaria. |
8.3 Number of patents filed for new smart textiles technologies in Bulgaria. |
9 Bulgaria Smart Textiles Market - Opportunity Assessment |
9.1 Bulgaria Smart Textiles Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Bulgaria Smart Textiles Market Opportunity Assessment, By Function , 2021 & 2031F |
9.3 Bulgaria Smart Textiles Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Bulgaria Smart Textiles Market - Competitive Landscape |
10.1 Bulgaria Smart Textiles Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Smart Textiles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here