Global Cooling Fabrics Market by Type (Synthetic, Natural), by Application (Sports Apparel, Lifestyle, Protective Wear) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2016, the global cooling fabrics market was worth USD 1.25 billion. The forecast period will see a CAGR (or 11.1%) of 11.1%. Global technological advances and rising awareness about cooling fabrics will drive market growth over the next few years. Over the forecast period, cooling fabric growth will be driven by changing consumer preferences and increasing research and development.

As it evolves as a smart fabric for garments that evaporates sweat and keeps the body cool, product demand is growing. Market demand is expected to grow over the next eight year due to cooling fabrics' unique advantages. The market is expected to benefit from the growth of leisure and sports activities in North America, Europe, Asia Pacific, and Europe.

The market is dominated by synthetic cooling fabrics. This trend is expected to continue for the forecast period. They offer superior cooling and moisture management compared to other garments. The fabric's strength and durability has increased its versatility for various applications. This segment is expected to hold a substantial market share during the forecast period.

Market growth will be driven by key attributes such as temperature regulation and wrinkle-free texture, moisture wicking, quick drying, and temperature regulation. In order to produce high-quality products and improve efficiency, major players in the market are always striving for technological advances. It is also expected that the demand for cooling clothing will increase as more people engage in sports and exercise.

Cooling fabrics are expensive and therefore unaffordable to the majority of middle-class people. The high prices of cooling fabrics can be attributed both to extensive research and development and the use of high-end materials such as nanoporous polyethylene and nanomaterials for their manufacturing. Market growth will be hampered by a low awareness of cooling fabrics among consumers. Manufacturers are also required to comply with numerous regulations and standards set by authorities in different areas.

Type Insights

Synthetic fabrics include rayon, spandex and nylon. These fabrics allow for proper ventilation, as well as being breathable. The segment's growth is also driven by the availability of raw materials to manufacture synthetic cooling fabrics. Because of their light weight, soft feel, and resistance against perspiration and UV radiations, nylon and polyester have seen a significant increase in popularity for cooling garments.

In 2016, the market share for global cooling fabrics was led by the synthetic fabrics segment. The synthetic fabric segment will be the fastest growing segment in the next eight years due to its superior strength and performance. They are used in a variety of applications, including sportswear and medical.

In 2016, the natural cooling fabrics segment was worth USD 364.1 millions. Due to its high breathability, biodegradability, and other properties, the product will likely see significant demand during the forecast period. Although natural fabrics have inherent ventilation properties, they are more expensive and less durable than synthetic ones. In 2016, the natural segment accounted for a small percentage of the market. However, market demand is likely to rise as a result of growing environmental concerns.

Application Insights

Because of the increased use of sports apparel to reduce sweat while exercising, the segment with the largest market share was sports apparel. These wearables' inherent properties, such as temperature regulation or moisture-wicking, are invaluable to athletes and other individuals. The sports segment is expected to grow the fastest throughout the forecast.

The market will also be transformed by the increased use of cooling fabrics in military, healthcare, industrial and other applications. It is expected that cooling garments will be used to reduce heat stress, especially in industrial applications. These garments are also used in fashion, lifestyle, automotive, as well as automotive applications. This will increase the market demand.

Regional Insights

In 2016, the U.S. market was responsible for 82.8% North American market revenue. This is due to growing demand from the sport sector and technological advances. Market growth is expected to be accelerated by the increasing use of cooling fabric in the military and industrial sector over the next eight year.

In 2016, North American cooling fabric demand was worth USD 557.7 millions. In 2016, North American cooling fabric demand was valued at USD 557.7 million. This is due to intensive research and development that has been undertaken to produce high-tech cooling wearables. These wearables not only offer comfort but also help conserve energy. North America will be the largest market between 2017 and 2025.

The market growth in Asia Pacific is expected to be positive due to the shift in consumer attitudes toward fitness and health, as well as government support. The factors expected to increase cooling fabric market demand include the relocation of manufacturing facilities to emerging nations like China and India as well as the expansion of product application.

Market Share Insights & Key Companies

Coolcore LLC, Kraton Corporation, Invista, Ahlstrom Corporation, Ahlstrom Corporation, Adidas AG, Nike, Inc. are key players in this market. Ahlstrom Corporation introduced VaporCool in 2014. This cooling fabric offers cooling effects or acts as an insulation layer, depending on body temperature.

Manufacturers of cooling fabrics are continuing to invest in innovation and technological advances. These developments, combined with competitive pricing, will likely help increase market share during the forecast period. Research & Development is a major focus of companies to improve product quality and overcome the problems encountered while manufacturing cooling fabrics.

Market Report Scope for Cooling Fabrics

The report covers segments

This report predicts revenue growth at the global, regional and country level. It also provides analysis of the most recent trends and opportunities in each sub-segment from 2014 through 2025. Grand View Research has divided the global market for cooling fabrics based on type, region, and application.

• Type Outlook (Revenue USD Million; 2014-2025)

  • Synthetic

  • Nature

• App Outlook (Revenue USD Million; 2014-2025)

  • Sport Apparel

  • Protective Wear

  • Lifestyle

  • Other

• Regional Outlook (Revenue USD Million; 2014-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia Pacific

  • South & Central America

  • The Middle East and Africa

These are the most frequently asked questions about this report

b. Global cooling fabrics market was valued at USD 1.73 billion in 2019, and is forecast to grow to USD 1.92 billion by 2020.

b. Global cooling fabrics are expected to grow at a compound annual growth rate 11.1% between 2017 and 2025, to reach USD 3.24 Billion in 2025.

b. With a 32.6% share in 2019, North America was the dominant market for cooling fabrics. Market growth will be driven by the extensive research and development that is being done in Canada and the U.S.

b. Coolcore LLC, Kraton Corporation, Invista, Ahlstrom Corporation, Adidas AG, Nike, Inc. are some of the key players in the cooling fabric market.

b. Changes in consumer preferences and research and development are key factors that drive the market growth for cooling fabrics.

Up Market Research published a new report titled “Cooling Fabrics Market research report which is segmented by Type (Synthetic, Natural), by Application (Sports Apparel, Lifestyle, Protective Wear), By Players/Companies Coolcore LLC, Kraton Corporation, Nike, Inc In 2014, Adidas AG, Ahlstrom Corporation, Invista, Ahlstrom Corporation launched VaporCool, a cooling fabric that offers a cooling effect or acts as an insulating layer depending on the body temperature”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Cooling Fabrics Market Report Segments:

The market is segmented by Type (Synthetic, Natural), by Application (Sports Apparel, Lifestyle, Protective Wear).

Cooling Fabrics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Cooling Fabrics Market

Overview of the regional outlook of the Cooling Fabrics Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Cooling Fabrics Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Cooling Fabrics Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Synthetic

                2. Natural

                1. Sports Apparel

                2. Lifestyle

                3. Protective Wear

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cooling Fabrics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Cooling Fabrics Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.