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Cooling Fabrics Market Report 2024 - Size, Share, Growth and Industry Statistics 2033
Cooling Fabrics
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the cooling fabrics industry. This report on cooling fabrics market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
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.
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Key Market Players:
Coolcore LLC, Ahlstrom-Munksjö Holding, Polartec LLC, Formosa Taffeta Co Ltd., Hong Li Textile Co Ltd., National Institute of Electronics & Information Technology, Tex-Ray Industrial Co Ltd., Asahi Kasei Corporation, Hexarmor, Invista, Adidas AG, Sun Dream Enterprise Co Ltd..
Market Drivers:
According to the Cooling Fabrics Market Report 2024 by The Business Research Company. 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.
More information about the Global Cooling Fabrics Market Report -
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Market segments for cooling fabrics include:
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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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https://www.thebusinessresearchcompany.com/report/textile-and-fabric-finishing-and-fabric-coating-mills-global-market-report
Textile and Fabric Finishing and Fabric Coating Mills Global Market Report 2024 https://www.thebusinessresearchcompany.com/report/textile-and-fabric-finishing-and-fabric-coating-mills-global-market-report
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