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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Market Overview for Cooling Fabrics
Cooling fabrics are composed of both natural and synthetic materials. Cooling fabrics are innovative products that offer cooling, comfort, and a delicate texture.
The global cooling fabrics market is expected to expand significantly in the coming years as a result of the increasing demand for cooling fabrics, the expanding global population, and the rapid advancements in the technology sector. The cooling fabrics market is anticipated to be stimulated by the growing purchasing power of global consumers, which is expected to be concentrated on luxury items such as designer clothing, technical textiles, and branded apparel during the forecast period.
The demand for cooling fabrics is anticipated to increase in the years ahead as a result of the increasing awareness among individuals about comfortable apparel materials. Nevertheless, the cooling fabrics market may be impeded by the high cost of production and the absence of suitable technologies on a global scale. Conversely, the market is expected to experience new growth opportunities as a result of the increasing demand for comfortable apparel in sports, the expansion of the sports culture in emerging countries, and the increasing economic development.
The report is a comprehensive examination of the global and regional cooling fabrics market. In addition to a forecast from 2024 to 2032, the study offers historical data from 2018 to 2022 in terms of revenue (USD Billion) and volume (Kilotons). The research examines the cooling fabrics market’s primary drivers and constraints, as well as their respective market implications during the forecast period. Additionally, the research encompasses the global opportunities available in the cooling fabrics market.
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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
Regional Perspectives on the Cooling Fabrics Market
Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa comprise the regional classification.
North America was the world’s greatest market for cooling fabrics in 2018. The growth in product demand from sports and defence apparel applications in the region is the primary factor contributing to this regional share. It is anticipated that the Asia Pacific region will be the fastest-growing market for cooling fabrics in the coming years. This is due to the expanding demand for cooling fabrics, particularly in the lifestyle, protective clothing, sports apparel, medical, and bedding and mattress sectors. In 2018, Europe possessed the second-largest global market share.
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