Press release
Cooling Fabrics Market Size Cross to Revenue US$ 3.9 Billion by 2028 | CAGR of 8.1%
What Are The Growth Prospects Of The Cooling Fabrics Industry?
According to the report, The global cooling fabrics market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.
What is Cooling Fabrics?
Cooling fabrics are textiles designed to offer improved comfort and cooling effects to wearers in various settings. These fabrics are made using advanced technologies and materials that effectively regulate body temperature and allow for a more pleasant and enjoyable experience, especially in warm and hot climates. They rely on innovative techniques like moisture-wicking, phase change materials, and evaporative cooling mechanisms to absorb and dissipate heat and keep the wearer cool and dry. They are widely used in a wide range of applications, including sportswear, outdoor apparel, bedding, and medical textiles. Their demand is steadily rising as more people are seeking ways to beat the heat and stay comfortable during summer months or in environments with high temperatures.
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What are the growth prospects and trends in the cooling fabrics industry?
The rising awareness about the importance of maintaining a cool and comfortable body temperature is driving the demand for cooling fabrics. As individuals become more health-conscious and prioritize comfort in their daily lives, the demand for textiles that offer effective cooling properties is rising. Additionally, the growing participation in sports and outdoor activities is catalyzing the demand for performance-enhancing apparel, including cooling fabrics. Athletes and fitness enthusiasts seek garments that not only wick away moisture but also provide active cooling to optimize their performance and prevent overheating. Furthermore, the growing prevalence of extreme weather conditions, such as heat waves, is increasing the need for effective cooling solutions. Cooling fabrics offer a practical and energy-efficient way to manage body temperature and reduce the risk of heat-related illnesses. Another significant trend in the market is the integration of sustainable and eco-friendly practices. Consumers are increasingly drawn to cooling fabrics made from recycled materials or utilizing environmentally friendly manufacturing processes.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
Synthetic
Natural
Breakup by Application:
Sports Apparel
Protective Wear
Lifestyle
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
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Who are the key players operating in the industry?
The report covers the major market players including:
Adidas AG
Ahlstrom-Munksjö Oyj
Asahi Kasei Corporation
Coolcore LLC
Formosa Taffeta Co. Ltd.
HexArmor
Nan Ya Plastics Corporation
Nike Inc.
Nilit Ltd.
Polartec LLC (Milliken Company)
Tex-Ray Industrial Co. Ltd.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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