Press release
Cooling Fabrics Market Anticipated To Witness Robust Growth, Surpassing $5.65 Billion By 2029
Cooling Fabrics
What Is the Current Cooling Fabrics Market Size and Its Estimated Growth Rate?
The market for cooling fabrics has seen a swift expansion in recent years. The market value is projected to escalate from $3.27 billion in 2024 to $3.61 billion in 2025, pacing at a compound annual growth rate (CAGR) of 10.3%. The former growth can be accounted for by an upsurge in sports and outdoor activities, a heightened attention to health and comfort requirements, environmental sustainability, adherence to regulatory standards, and amplified research and development activities.
In the coming years, the market size of cooling fabrics is projected to experience a rapid surge, reaching a worth of $5.65 billion by 2029, with a compound annual growth rate (CAGR) of 11.9%. The reasons for the growth predicted during the forecast period involve the rising focus on changes in fashion and apparel, urbanization and heat islands, adapting to climate change, an uptick in utilization within medical and healthcare contexts, as well as the growth of e-commerce and online retailing. The forecast period is expected to see trends like sustainable and eco-friendly fabrics, fashion and apparel trends, innovative R&D, technological progress, and cutting-edge tech solutions.
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How Are Emerging Segments Shaping the Cooling Fabrics Market Landscape?
The cooling fabrics market covered in this report is segmented -
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
Subsegments:
1) By Synthetic: Polyester Cooling Fabrics, Nylon Cooling Fabrics, Polypropylene Cooling Fabrics, Performance Blends
2) By Natural: Cotton Cooling Fabrics, Bamboo Cooling Fabrics, Tencel (Lyocell) Cooling Fabrics, Wool Cooling Fabrics
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Which Growth Factors Are Influencing Cooling Fabrics Market Expansion?
The surge in demand for athletic attire is expected to boost the expansion of the cooling fabrics market in the coming years. Athletic gear, worn during intense physical activities such as workout sessions or sports, is often made from cooling fabrics. This type of attire keeps sportspeople dry on the field, allowing for a more comfortable experience which in turn contributes to higher performance in sporting events. For instance, the Sports Apparel Market is projected to be valued at USD 247.17 billion in 2024, eventually escalating to USD 342.17 billion by 2029, with a CAGR of 6.72% throughout the forecast period. Hence, the climbing demand for sports apparel contributes to the burgeoning growth of the cooling fabrics market.
Who Are the Dominant Players Across Different Cooling Fabrics Market Segments?
Major companies operating in the cooling fabrics market include 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, Invista, Adidas AG, Sun Dream Enterprise Co Ltd., Everest Textile Co Ltd., Nanotex LLC, Singtex Industrial Co Ltd., Nike Inc., Nan Ya Plastics Corporation, Balavigna Weaving Mills Pvt Ltd., Columbia Sportswear Company, Heiq Materials AG, Lee Yaw Textile Co Ltd., Libolon, Marcel Liebaert Nv, Patagonia Inc., Technical Absorbents Ltd., Tehrani Industrial Group, VF Corporation, Ventex Co Ltd., Wilson Fabrics, Virul International Pvt Ltd.
What Are the Latest Developing Trends in the Cooling Fabrics Market?
Leading companies in the cooling fabrics sector are concentrating on inventing technologically superior options for cooling fabrics. For example, HeiQ, a chemical firm based in the UK, introduced HeiQ Cool, a distinctive textile technology, in January 2022. The technology provides simultaneous contact and sustained evaporative cooling. The fabric controls skin temperature using a two-step cooling process: firstly, by assimilating melting energy for cooling before perspiration, and then through vaporization energy, which mimics the skin's natural cooling mechanism for extended comfort. This process uses a biobased thermo-functional polymer to trap heat and offer an immediate sense of coolness.
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Which Geographic Regions Are Expected to Dominate the Cooling Fabrics Market in the Coming Years?
North America was the largest region in the cooling fabrics market in 2024. Asia-Pacific is projected to record fastest growth over the forecast period. The regions covered in the cooling fabrics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cooling Fabrics Market?
2. What is the CAGR expected in the Cooling Fabrics Market?
3. What Are the Key Innovations Transforming the Cooling Fabrics Industry?
4. Which Region Is Leading the Cooling Fabrics Market?
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