Cooling Fabrics Market Forecast by 2030 for growth, survey, analysis, market share, and company profiles

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Market Size – USD 2.12 Billion in 2021, Market Growth – at a CAGR of 11.3%, Market Trends – Rise in research and development for cooling fabrics

Global Cooling Fabrics Market Forecast to 2030

The Global Cooling Fabrics Market study includes a thorough analysis of market dynamics as well as historical and current data analysis. The report also discusses the key market growth driving and restraining factors that are likely to affect market growth during the forecast period. The Global Cooling Fabrics Market undertakes market scenario research to provide growth projections for the DIABETES CAREindustry from 2022 to 2030. The analysis focuses on potential growth possibilities and difficulties that market leaders may run across during the forecast period. The study places a lot of emphasis on newly emerging business elements, specialised sectors, product launches, and brand promotions that are taking place in the market.

According to the most recent analysis by Emergen Research, the size of the worldwide cooling textiles market reached USD 2.12 billion in 2021 and is projected to grow at a revenue CAGR of 11.3% during the forecast period. The market for cooling fabrics is expanding in terms of revenue as athletic and protective apparel demand rises. Increased exercise uptake as a result of greater health awareness has resulted in a strong demand for sportswear. In hot temperatures, cooling textiles provide a pleasant body temperature and improve physical condition. In addition, it offers defence against sweat, pollutants, and ultraviolet (UV) radiation. Throughout the projected period, the cooling textiles market is anticipated to experience revenue growth due to the development of cost-effective products and promotional initiatives to raise consumer awareness of cooling fabrics.

In the coming years, the cooling fabrics market would benefit greatly from an increase in demand from the defence and healthcare industries. In order to help the wearer perform better, cooling materials are utilised in the production of military uniforms and clothing for usage in harsh environments like deep-sea diving and space travel. However, during the anticipated timeframe, low levels of awareness and the high cost of clothing may limit market revenue growth.

Apart from this, a new kind of fabric was created by scientists at Donghua University in China. It is made of three different polymers: polyurethane, which creates the fabric's fundamental structure; fluorinated polyurethane, which repels water; and boron nitride nanosheets, which carry heat. In addition to effectively wicking away perspiration, this new fabric is also expected to be water-repellent on the exterior. This cooling fabric can also improve solar energy harvesting and desalination equipment by cooling electronics in addition to cooling the body of the wearer. The emergence of this new cooling technology, which is integrated into fabric filters, can preserve the cooling capabilities of the garment as long as possible.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cooling Fabrics market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled 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

Research Report on the Cooling Fabrics Market Addresses the Following Key Questions:

  • Who are the dominant players of the Cooling Fabrics market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Cooling Fabrics market?
  • What are the key growth drivers and restraining factors of the Cooling Fabrics market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Cooling Fabrics market and its key segments?

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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.

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
      1. Air Cooled
      2. Liquid Cooled
    • Passive Cooling Fabrics
      1. Phase Change Cooling
      2. Evaporation Cooling
  • Textile Type Outlook (Revenue, USD Million; 2019–2030)
    • Woven
    • Non-woven
    • Knitted

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Regional Landscape section of the Cooling Fabrics report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • 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)

Key reasons to buy the Global Cooling Fabrics Market report:

  1. The latest report comprehensively studies the global Cooling Fabrics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

In conclusion, the Cooling Fabrics Market report is an exhaustive database that will help readers formulate lucrative strategies. The Cooling Fabrics Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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