Global Cooling Fabrics Market

Global Cooling Fabrics Market Size, Share, Growth Analysis, By Type(Synthetic, and Natural), By Application(Sports Apparel, Protective Wear) - Industry Forecast 2024-2031

Report ID: SQMIG25K2081 | Region: Global | Published Date: March, 2024
Pages: 223 | Tables: 63 | Figures: 75

Global Cooling Fabrics Market Regional Insights

North America holds a significant share in the global cooling fabrics market. The region's dominance can be attributed to factors such as a high level of consumer awareness regarding the benefits of cooling fabrics, the presence of key market players, and the growing demand for advanced textiles in sports and outdoor activities. The United States, in particular, is a major contributor to the market due to its robust sports industry and technological advancements in textile manufacturing.

The Asia Pacific region is expected to witness the fastest growth in the cooling fabrics market. Factors such as the expanding population, rising disposable income, and growing awareness about fitness and sports activities are fueling the demand for cooling fabrics in the region. Additionally, the presence of a large textile manufacturing industry in countries like China and India contributes to the market growth.

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Global Cooling Fabrics Market size was valued at USD 2.11 billion in 2022 and is poised to grow from USD 2.34 Billion in 2023 to USD 5.44 Billion by 2031, at a CAGR of 11.1% during the forecast period (2024-2031).

The global cooling fabrics market is highly competitive in nature, with key players such as Coolcore LLC, Polartec LLC, Nan Ya Plastics Corporation, and Ahlstrom-Munksjö leading the market. These companies focus on product innovation, research and development, strategic partnerships, and mergers and acquisitions to stay ahead in the market. The emphasis on developing advanced cooling technologies, expanding product portfolios, and catering to diverse application requirements drives the competitive landscape of the cooling fabrics market. companies focus on product innovation, research and development, strategic partnerships, and mergers and acquisitions to strengthen their market position. 'Coolcore LLC (US)', 'Polartec LLC (US)', 'Nan Ya Plastics Corporation (Taiwan)', 'Ahlstrom-Munksjö (Finland)', 'Columbia Sportswear Company (US)', 'Under Armour, Inc. (US)', 'Adidas AG (Germany)', 'Nike, Inc. (US)', 'New Balance Athletics, Inc. (US)', 'Asics Corporation (Japan)', 'Toray Industries, Inc. (Japan)', 'Helly Hansen AS (Norway)', 'Decathlon Group (France)', 'Mizuno Corporation (Japan)', 'The North Face, Inc. (US)', 'Puma SE (Germany)', 'Skechers USA, Inc. (US)', 'Russell Brands, LLC (US)', 'Patagonia, Inc. (US)', 'Berghaus Limited (UK)'

The growing popularity of sports, fitness activities, and outdoor adventures has fueled the demand for cooling fabrics. In 2022, there was a surge in the adoption of cooling fabrics in activewear and outdoor apparel. For example, major sportswear brands introduced innovative cooling fabric technologies in their product lines to enhance comfort and performance. The demand for cooling fabrics in these segments is driven by the desire for moisture management, breathability, and temperature regulation during physical activities.

Sustainable Cooling Fabrics: A prominent trend in the cooling fabrics market is the increasing focus on sustainability. In 2022, there was a rise in the development and adoption of cooling fabrics made from recycled materials or utilizing environmentally friendly manufacturing processes. This trend aligns with the growing consumer demand for eco-friendly and sustainable products across various industries, including textiles.

North America holds a significant share in the global cooling fabrics market. The region's dominance can be attributed to factors such as a high level of consumer awareness regarding the benefits of cooling fabrics, the presence of key market players, and the growing demand for advanced textiles in sports and outdoor activities. The United States, in particular, is a major contributor to the market due to its robust sports industry and technological advancements in textile manufacturing.

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