The global cooling fabrics market size reached USD 2.12 billion in 2021 and is expected to register a revenue CAGR of 11.3% during the forecast period, according to the latest analysis by Emergen Research. The rise in demand for sportswear and protective clothing is driving revenue growth in the cooling fabrics market. A rise in awareness about better health has led to increased adoption of exercise, which has created high demand for sportswear. Cooling fabrics offer a comfortable body temperature in hot weather and ease the body’s condition. It also provides protection from Ultraviolet (UV) rays, pollution, and sweat. The development of cost-effective products and promotional activities to create awareness about cooling fabrics are expected to drive revenue growth in the cooling fabrics market during the forecast period.
A rise in demand from the defense and healthcare sectors would offer lucrative opportunities for the cooling fabrics market in the next few years. Cooling fabrics are used in the manufacture of military uniforms and clothes used in extreme conditions such as deep-sea and space exploration, where the cooling property of fabrics contributes to the user’s better performance. However, the high cost of apparel and low level of awareness could restrain the revenue growth of the market during the forecast period.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Nike, Inc., Adidas AG, Nan Ya Plastics Corporation, Nilit Ltd., Tex-Ray Industrial Co., Ltd., Polartec LLC, Ahlstrom Corporation, Invista, Kraton Corporation, Coolcore LLC
Target Audience of the Global Cooling Fabrics Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Cooling Fabrics Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Cooling Fabrics market on the basis of product, application, and region:
Segments Covered in this report are:
- Type Outlook (Revenue, USD Million; 2019–2030)
- Natural
- Synthetic
- Technology Outlook (Revenue, USD Million; 2019–2030)
- Active Cooling Fabrics
- Air Cooled
- Liquid Cooled
- Passive Cooling Fabrics
- Phase Change Cooling
- Evaporation Cooling
- Active Cooling Fabrics
- Textile Type Outlook (Revenue, USD Million; 2019–2030)
- Woven
- Non-woven
- Knitted
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/cooling-fabrics-market
Some Key Highlights in the Report
- In December 2020, Brrr introduced a new cooling fabric named ‘Brrr Pro.’ These fabrics are embedded with micro-cooling minerals, along with performance drying and hyper wicking, in order to elevate the ‘triple chill effect’ for a fresh experience and superior comfort.
- Demand for natural cooling fabrics is driven by high demand for natural and biodegradable products. These fabrics comprise inherent ventilation properties. Rise in awareness about environmental issues is expected to drive demand for natural cooling fabrics during the forecast period.
- The knitted segment accounted for largest revenue share in 2021. Thermal property of knitted fabrics along with their ability to offer protection against cross weather conditions is driving revenue growth of the segment. Knitted cooling materials have a soft structure and excellent ventilation, which is leading to increase in their use in protective clothing and athletic gear. Cooling knit textiles are easy to wear and enable the body to breathe.
- The sports apparel segment accounted for largest revenue share in 2021. Cooling fabrics are largely consumed in the manufacture of sportswear. Rising demand for cooler clothes among people who exercise and play sports is driving revenue growth of the segment.
- North America accounted for largest revenue share in 2021. Presence of major producers of cooling fabrics in the region is driving revenue growth of the market in North America. Rapid adoption of advanced cooling technologies in the U.S. contributes to revenue growth of the market in the region.
Additional information offered by the report:
- Along with a complete overview of the global Cooling Fabrics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Cooling Fabrics market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Thank you for reading our report. Customization of the report is available according to the requirements of our clients. Kindly get in touch with us to know more about the customization options, and our team will ensure the report is tailored according to your needs.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
