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.
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The cooling fabrics market report provides an essential analysis of the global market’s growth drivers, obstacles, constraints, and prospects. The geographical market is covered in the cooling fabrics industry report, which also provides an exhaustive analysis of the competitive landscape. Furthermore, this framework encompasses an evaluation of market attractiveness, cash flow, profitability, market array, PESTEL, SWOT, Porter’s five forces, and value chain. The report also examines the investor and stakeholder space in order to assist businesses in making data-driven decisions.
Fabrics that are cooling can be constructed from both natural and synthetic materials. Fabrics that are cooling are innovative products with a plush texture, comfort, and cooling properties.
The cooling fabrics market is anticipated to undergo substantial expansion in the coming years due to the increasing demand for such fabrics, the expanding global population, and the swift developments observed in the technology industry. Increasing global consumer spending power on luxury products such as technical textiles, branded apparel, and designer clothing is anticipated to fuel the cooling fabrics market during the forecast period.
The increasing consciousness among the general public regarding the importance of comfortable apparel materials is anticipated to contribute to a future surge in demand for cooling fabrics. However, the dearth of suitable technologies and the high cost of producing these fabrics may impede the global market for cooling fabrics. On the contrary, the increasing need for comfortable athletic apparel, the progressing economic development, and the expanding sports culture in developing nations are anticipated to create fresh avenues for market expansion.
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The Global Cooling Fabrics Market is segmented based on product, application and region
Global Cooling Fabrics Market: Product Segment Analysis
● Natural
● Synthetic
Global Cooling Fabrics Market: Application Segment Analysis
● Lifestyle
● Protective Clothing
● Sports Apparel
● Medical
● Bedding and Mattress
● Others
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The global Cooling Fabrics market profiles key players such as:
● Formose Taffeta
● Ahlstrom Munksjö
● Coolcore
● INVISTA
● Tex-Ray Industrial
● Polartec
● Hong Li Textile
● Sun Dream Enterprise
● HexArmor
● Ventex
● Singtex Industrial
● Nan Ya Plastics
● Spoerry 1866
Market for Cooling Fabrics: Regional Perspectives
Regions Europe, North America, Latin America, Asia-Pacific, the Middle East, and Africa are included in the regional classification.
North America dominated the global market for cooling fabrics in 2018. The primary factor driving this regional market share is the increasing demand for products utilised in defence and sports apparel applications within the area. In the coming years, the Asia Pacific region is expected to be the most rapidly expanding market for cooling fabrics due to the rising demand for such materials in various sectors, including lifestyle, protective, sports, medical, bedding, and mattresses, among others. In 2018, Europe occupied the second-largest market proportion on a global scale.
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