Cooling Fabrics Market Development, Industry Trends, Demand and Growth Analysis and Forecasts 2027

The increasing demand for sportswear, protective clothing, and the growing popularity of cooling fabrics are fueling the growth of the global cooling fabrics market.

According to Allied Market Research, the report titled "Cooling Fabrics Market by Type (Synthetic and Natural), Textile Type (Woven, Nonwoven, Knitted, and Others), and Application (Sports Apparel, Lifestyle, Protective Wearing, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027" reveals that the market, valued at $1.9 billion in 2019, is projected to reach $3.2 billion by 2027, growing at a CAGR of 8.6% from 2020 to 2027.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A10294

Key Market Dynamics

- Drivers: Rising demand for sportswear and protective clothing, along with increasing adoption of cooling fabrics.

- Restraints: High product costs pose a challenge to market growth.

- Opportunities: Expansion in medical and defense applications presents new growth avenues.

Segment Highlights:-

Knitted Fabrics to Maintain Dominance:

- By textile type, the knitted fabrics segment accounted for more than 40% of the market share in 2019 and is expected to retain its dominance. The segment's growth is driven by its breathability, flexibility, and enhanced comfort.

- Meanwhile, the woven fabrics segment is projected to grow at the fastest CAGR of 9.2% during the forecast period, owing to superior durability and excellent physical & chemical properties.

Sports Apparel to Lead the Market:

- By application, sports apparel held more than 50% of the market share in 2019 and is expected to remain dominant through 2027. The ability of cooling fabrics to absorb sweat and regulate body temperature drives its demand in sportswear.

- Conversely, the lifestyle segment is projected to register the fastest CAGR of 9.1% by 2027, driven by technological advancements and collaborations among key players.

Regional Analysis:

- North America led the market in 2019, accounting for over 40% of the total share, supported by technological advancements, R&D investments, and a strong consumer base.

- Asia-Pacific is set to grow at the fastest CAGR of 9.2% during the forecast period, driven by increasing health consciousness, fitness trends, and government support.

Leading Market Players:

- Asahi Kasei Corporation

- Coolcore LLC

- Formosa Taffeta Co., Ltd.

- Burlington

- Hexarmor

- Nan Ya Plastics Corporation

- Polartec

- Nilit

- Tex-Ray Industrial Co., Ltd.

The global cooling fabrics market is poised for significant growth, with rising consumer interest in high-performance, temperature-regulating textiles across multiple industries.

Obtain Report Details: https://www.alliedmarketresearch.com/cooling-fabrics-market-A10294

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.