| Product Code: ETC5576296 | 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 |
Despite a significant decline in growth rate from 2023 to 2024, Cyprus continues to see a steady increase in smart textiles import shipments with a notable CAGR of 18.7% from 2020 to 2024. The top exporting countries to Cyprus in 2024 include Poland, Greece, Italy, Indonesia, and India, indicating a diverse source of smart textiles imports. However, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated market with potential implications for competition and market dynamics in the smart textiles industry in Cyprus.

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 Cyprus Smart Textiles Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Smart Textiles Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Smart Textiles Market - Industry Life Cycle |
3.4 Cyprus Smart Textiles Market - Porter's Five Forces |
3.5 Cyprus Smart Textiles Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Cyprus Smart Textiles Market Revenues & Volume Share, By Function , 2021 & 2031F |
3.7 Cyprus Smart Textiles Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Cyprus Smart Textiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Smart Textiles Market Trends |
6 Cyprus Smart Textiles Market Segmentations |
6.1 Cyprus Smart Textiles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Smart Textiles Market Revenues & Volume, By Passive smart textile, 2021-2031F |
6.1.3 Cyprus Smart Textiles Market Revenues & Volume, By Active/ultra-smart textiles, 2021-2031F |
6.2 Cyprus Smart Textiles Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Smart Textiles Market Revenues & Volume, By Sensing, 2021-2031F |
6.2.3 Cyprus Smart Textiles Market Revenues & Volume, By Energy Harvesting? and Thermo Electricity, 2021-2031F |
6.2.4 Cyprus Smart Textiles Market Revenues & Volume, By Luminescence & Aesthetics, 2021-2031F |
6.2.5 Cyprus Smart Textiles Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Smart Textiles Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Smart Textiles Market Revenues & Volume, By Military & Protection, 2021-2031F |
6.3.3 Cyprus Smart Textiles Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Cyprus Smart Textiles Market Revenues & Volume, By Sports & Fitness, 2021-2031F |
6.3.5 Cyprus Smart Textiles Market Revenues & Volume, By Fashion & Entertainment, 2021-2031F |
6.3.6 Cyprus Smart Textiles Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.7 Cyprus Smart Textiles Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Smart Textiles Market Import-Export Trade Statistics |
7.1 Cyprus Smart Textiles Market Export to Major Countries |
7.2 Cyprus Smart Textiles Market Imports from Major Countries |
8 Cyprus Smart Textiles Market Key Performance Indicators |
9 Cyprus Smart Textiles Market - Opportunity Assessment |
9.1 Cyprus Smart Textiles Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Cyprus Smart Textiles Market Opportunity Assessment, By Function , 2021 & 2031F |
9.3 Cyprus Smart Textiles Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Cyprus Smart Textiles Market - Competitive Landscape |
10.1 Cyprus Smart Textiles Market Revenue Share, By Companies, 2024 |
10.2 Cyprus 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.
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