Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.42 Billion | USD 4.75 Billion | 7.80% | 2023 |
The global cooling fabrics market size was worth around USD 2.42 billion in 2023 and is predicted to grow to around USD 4.75 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.80% between 2024 and 2032.
The cooling fabrics market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global market space. The cooling fabrics industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the report explores the investor and stakeholder space to help companies make data-driven decisions.
Cooling fabrics are fabrics that can be made from both natural as well as synthetic fabric materials. Cooling fabrics are inventive products that provide soft texture, comfort, and cooling.
The cooling fabrics market globally is likely to experience significant growth over the upcoming years, owing to the growing demand for cooling fabrics, rising global population base, and rapid advancements witnessed in the technology sector. Increasing spending power of global consumers on luxury items like designer clothing, technical textiles, and branded apparel are also expected to fuel the cooling fabrics market over the forecast time period.
The rising awareness among the individuals about comfortable clothing materials is further expected to increase the demand for cooling fabrics in the years ahead. However, the high cost of producing these fabrics and the lack of appropriate technologies may hamper the cooling fabrics market globally. Alternatively, the escalating demand in sports for comfortable clothing, rising economic development, growing sports culture in emerging countries are likely to generate new growth opportunities for the market.
The report of cooling fabrics market provides a comprehensive glance on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based revenue (USD Billion) and volume (Kilotons). The study covers the key drivers and restraints of the cooling fabrics market and provides their market impact in the forecast period. Furthermore, the study also includes the opportunities accessible in the cooling fabrics market on a global level.
In order to offer the users of this report a comprehensive read of the cooling fabrics market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the cooling fabrics market has additionally been enclosed. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The cooling fabrics market is mainly segmented into product, textile, technology, and application.
On the basis of product, the global market for cooling fabrics is bifurcated into natural and synthetic. The synthetic type segment is further divided into nylon blend, polyester, and polyester blend. The synthetic segment was the most dominant in the market and accounted for a significant share in the year 2018.
On the basis of textile, the cooling fabrics market is classified into non-woven, woven, and knitted.
By technology, the market for cooling fabrics comprises polymer coatings, specialty fibers, and cooling finishes.
By application, the cooling fabrics market includes lifestyle, sports apparel, protective clothing, bedding and mattress, medical, and others.
Report Attributes | Report Details |
---|---|
Report Name | Cooling Fabrics Market Research Report |
Market Size in 2023 | USD 2.42 Billion |
Market Forecast in 2032 | USD 4.75 Billion |
Growth Rate | CAGR of 7.80% |
Number of Pages | 210 |
Key Companies Covered | Formose Taffeta, Ahlstrom Munksjö, Coolcore, INVISTA, Tex-Ray Industrial, Polartec, Hong Li Textile, Sun Dream Enterprise, HexArmor, Ventex, Singtex Industrial, Nan Ya Plastics, and Spoerry 1866 |
Segments Covered | By Product, By Application, By Textile, By Technology and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The study also includes the market share of the key participant’s operating in the cooling fabrics market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations & joint ventures, and regional growth of key players in the market on a regional basis.
The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
In 2018, North America was the largest cooling fabrics market globally. This regional share can be mainly attributed to the growing product demand from sports and defense apparel applications in the region.
The Asia Pacific region is anticipated to be the fastest-growing market for cooling fabrics over the next few years, owing to the increasing demand for cooling fabrics, especially for lifestyle, protective clothing, sports apparel, medical, and bedding and mattress, etc. Europe held the second-largest market share globally in 2018.
The global cooling fabrics market is led by players like:
Global Cooling Fabrics Market: Product Analysis
Global Cooling Fabrics Market: Textile Analysis
Global Cooling Fabrics Market: Technology Analysis
Global Cooling Fabrics Market: Application Analysis
Global Cooling Fabrics Market: Regional Analysis
FrequentlyAsked Questions
Fabrics that are designed to aid in body temperature regulation and impart a calming sensation to the wearer are referred to as cooling fabrics. Particularly in sweltering or humid conditions, they are constructed to wick moisture away from the body and dissipate heat, ensuring that the wearer remains cool and comfortable.
Consumer awareness regarding the comfort and performance advantages of cooling fabrics may increase, thereby stimulating demand. Demand for cooling fabrics is anticipated to increase as individuals become more health-conscious and search out products that improve comfort.
The global cooling fabrics market size was worth around USD 2.42 billion in 2023 and is predicted to grow to around USD 4.75 billion by 2032.
The global cooling fabrics market with a compound annual growth rate (CAGR) of roughly 7.80% between 2024 and 2032.
The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Formose Taffeta, Ahlstrom Munksjö, Coolcore, INVISTA, Tex-Ray Industrial, Polartec, Hong Li Textile, Sun Dream Enterprise, HexArmor, Ventex, Singtex Industrial, Nan Ya Plastics, and Spoerry 1866
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