The Cooling Fabrics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Cooling Fabrics Global Market Report 2024, The cooling fabrics market size has grown rapidly in recent years. It will grow from $2.99 billion in 2023 to $3.29 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increased sports and outdoor activities, increased focus on health and comfort needs, environmental sustainability, regulatory compliance, and increased research and development
The cooling fabrics market size is expected to see rapid growth in the next few years. It will grow to $4.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to increasing focus on apparel and fashion trends, urbanization and heat islands, climate change adaptation, increasing use in medical and healthcare applications, and growing e-commerce and online retail. Major trends in the forecast period include sustainable and eco-friendly fabrics, apparel and fashion trends, innovative research and development, technological advancements, cutting edge technological solutions
The increasing demand for sports apparel is projected to propel the growth of the cooling fabrics market in the coming years. Sportswear is clothing that is worn during strenuous athletic tasks such as working out or engaging in sports. Sportspeople tend to wear outfits made of cooling fabrics to stay dry when on the field, which enables the wearer to be more relaxed and thus aids success in sporting events. For instance, the global sports apparel industry revenue is expected to increase from $181 billion in 2019 to $208 billion by 2025. Therefore, the increasing demand for sports apparel drives the cooling fabrics market growth.
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The cooling fabrics market covered in this report is segmented –
1) By Type: Synthetic, Natural
2) By Textile Type: Woven, Nonwoven, Knitted, Other Textile Types
3) By Application: Sports Apparel, Lifestyle, Protective Wearing, Other Applications
Major firms in the cooling fabrics industry are focused on developing technologically advanced solutions for cooling fabrics. For instance, in January 2022, HeiQ, a UK-based chemicals company, launched the HeiQ Cool, a unique textile technology that offers both instant contact and continuous evaporative cooling. This fabric regulates skin temperature with dual cooling: first, by absorbing melting energy for immediate cooling before sweating, then through vaporizing energy, replicating the skin’s natural cooling process for prolonged comfort. This is powered by a biobased thermo-functional polymer that captures heat, providing an immediate cool feeling.
The cooling fabrics market report table of contents includes:
1. Executive Summar
2. Cooling Fabrics Market Characteristics
3. Cooling Fabrics Market Trends And Strategies
4. Cooling Fabrics Market – Macro Economic Scenario
5. Global Cooling Fabrics Market Size and Growth
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26. South America Cooling Fabrics Market
27. Brazil Cooling Fabrics Market
28. Middle East Cooling Fabrics Market
29. Africa Cooling Fabrics Market
30. Cooling Fabrics Market Competitive Landscape And Company Profiles
Top Major Players:
- Coolcore LLC
- Ahlstrom-Munksjö Holding
- Polartec LLC
- Formosa Taffeta Co Ltd
- Hong Li Textile Co Ltd
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