Cooling Fabrics Market Demand, Applications, Industry Analysis, Growth, Types and Forecasts Report 2027
The global cooling fabrics market was valued at USD 1.74 Billion in 2019 and is projected to reach value of USD 4.03 Billion by 2027, at a CAGR of 11.0% during the forecast period. Use of cooling fabrics aids in regulating the body temperature by managing heat and moisture generated due to stress, central heating, or exercise. Rising usage of cooling fabrics in sportswear is propelling the market. Cooling fabrics are useful in creating a cooler environment and making the wearer comfortable during exercise.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Cooling Fabrics Market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Cooling Fabrics Market landscape.
The Cooling Fabrics Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market.
Nan Ya Plastics Corporation
Tex-Ray Industrial Co., Ltd.
Key Highlights of 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 fresh experience and superior comfort.
Natural cooling fabrics are witnessing increased demand, owing to high demand for natural and biodegradable products. These fabrics comprise inherent ventilation property. Growth in awareness about environmental issues is estimated to drive the demand for natural cooling fabrics during the forecast period.
The knitted segment dominated the market in the year 2019. Thermal property of knitted fabrics along with their ability to offer protection against cross weather conditions is fueling the segment.
The sports apparel segment held the largest market share in 2019. Cooling fabrics are largely consumed in the manufacture of sportswear. Increased demand for cooler clothes among people who exercise and play sports is driving the segment.
North America held the largest market share in the year 2019. Presence of major producers of cooling fabrics in the region is boosting the market in North America. Rapid adoption of advanced cooling technologies in the U.S. contributes to the market in the region.
Key market participants include Nike, Inc., Adidas AG, Nan Ya Plastics Corporation, Nilit Ltd., Tex-Ray Industrial Co., Ltd., Polartec LLC, Ahlstrom Corporation, Invista, Kraton Corporation, and Coolcore LLC
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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)
Type Outlook (Revenue, USD Million; 2017–2027)
Technology Outlook (Revenue, USD Million; 2017–2027)
Active Cooling Fabrics
Passive Cooling Fabrics
Phase Change Cooling
Textile Type Outlook (Revenue, USD Million; 2017–2027)
Application Outlook (Revenue, USD Million; 2017–2027)
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Cooling Fabrics industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Cooling Fabrics market across different regions?
- Who are the major driving forces expected to decide the fate of the Cooling Fabrics industry worldwide?
- Who are the prominent market players making a mark in the Cooling Fabrics market with their winning strategies?
- Which Cooling Fabrics industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Cooling Fabrics market?
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