Cooling Fabrics Market Projection for 2030: A Perspective of the Sector's Advancements and Opportunities
Global Cooling Fabrics Market Forecast to 2030
The top competitors in the market, their goals for business expansion, and their development strategies are all closely examined in the Cooling Fabrics Market report. The archive encourages businesspeople to look up information about potential customers and places where they might be located. The review, which only highlights the greatest sellers, can help entrepreneurs find potential customers and discover more about their local market.
The global cooling fabrics market size reached USD 2.12 billion in 2021 and is expected to register a revenue CAGR of 11.3% during the forecast period, according to the latest analysis by Emergen Research. Rise in demand for sportswear and protective clothing is driving revenue growth of the cooling fabrics market. Rise in awareness about better health has led to increased adoption of exercises, which has created high demand for sportswear. Cooling fabrics offer comfortable body temperature in hot weather and ease the body condition. It also provides protection from Ultraviolet (UV) rays, pollution, and sweat. Development of cost-effective products and promotional activities to create awareness about cooling fabrics are expected to drive revenue growth of the cooling fabrics market during the forecast period.
Rise in demand from the defense and healthcare sectors would offer lucrative opportunities for the cooling fabrics market in the next few years. Cooling fabrics are used in the manufacture of military uniforms and clothes used in extreme conditions such as deep-sea and space exploration, wherein the cooling property of fabrics contributed to better performance of the user. However, high cost of apparel and low level of awareness could restrain revenue growth of the market during the forecast period.
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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 Overview:
The report bifurcates the Cooling Fabrics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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
- Air Cooled
- Liquid Cooled
- Passive Cooling Fabrics
- Phase Change Cooling
- 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)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Cooling Fabrics market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Cooling Fabrics with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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