The global cooling fabrics market is estimated to reach value of USD 4.03 Billion by 2027, according to a current analysis by Emergen Research. Increase in the demand for sportswear and protective clothing is propelling the cooling fabrics market.Rise in awareness about better health has led to increased adoption of exercises, which has generated high demand for sportswear. Cooling fabrics offer comfortable body temperature in hot weather and ease the body condition. It also provides protection from UV rays, pollution, and sweat. Development of cost-effective products and promotional activities to create awareness about cooling fabrics are likely to drive the market for cooling fabrics in the near future.
Furthermore, the report provides further insights into the factors influencing the growth and expansion of the Cooling Fabrics sector. The report considers COVID-19 as a key contributing factor owing to its negative impact on several segments of the Cooling Fabrics market. The pandemic has disrupted the supply chains and affected the demands and trends of the market, and has induced financial difficulties. The report provides a comprehensive analysis of the current and future impact of the COVID-19 pandemic on the Cooling Fabrics market.
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Competitive Landscape
The report presents a holistic investigation of the Cooling Fabrics business mechanism and growth-oriented approaches undertaken by the leading companies operating in this market. The report highlights the numerous strategic initiatives, such as new business deals and collaborations, mergers acquisitions, joint ventures, product launches, and technological upgradation, implemented by the leading market contenders to set a firm foot in the market. Hence, this section is inclusive of the company profiles of the key players, total revenue accumulation, product sales, profit margins, product pricing, sales distribution channels, and industry analysis.
Leading Industry Participants:
Nike, Inc., Adidas AG, Nan Ya Plastics Corporation, Nilit Ltd., Tex-Ray Industrial Co., Ltd., Polartec LLC, Ahlstrom Corporation, Invista, Kraton Corporation, and Coolcore LLC
Emergen Research has segmented the global cooling fabrics market based on type, technology, textile type, application, and region:
Type Outlook (Revenue, USD Million; 2017–2027)
Natural
Synthetic
Technology Outlook (Revenue, USD Million; 2017–2027)
Active Cooling Fabrics
Air Cooled
Liquid Cooled
Passive Cooling Fabrics
Phase Change Cooling
Evaporation Cooling
Textile Type Outlook (Revenue, USD Million; 2017–2027)
Woven
Non-woven
Knitted
Application Outlook (Revenue, USD Million; 2017–2027)
Sports Apparel
Protective Wearing
Lifestyle
Others
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Some Key Highlights from the Report
In December 2020, Brrr introduced a new cooling fabric named ‘Brrr Pro.’ These fabrics are embedded with micro-cooling minerals, along with performance drying and hyper wicking, in order to elevate the ‘triple chill effect’ for fresh experience and superior comfort.
Natural cooling fabrics are witnessing increased demand, owing to high demand for natural and biodegradable products. These fabrics comprise inherent ventilation property. Growth in awareness about environmental issues is estimated to drive the demand for natural cooling fabrics during the forecast period.
The knitted segment dominated the market in the year 2019. Thermal property of knitted fabrics along with their ability to offer protection against cross weather conditions is fueling the segment.
The sports apparel segment held the largest market share in 2019. Cooling fabrics are largely consumed in the manufacture of sportswear. Increased demand for cooler clothes among people who exercise and play sports is driving the segment.
Key Coverage of the Cooling Fabrics Market:
Insightful information regarding the global Cooling Fabrics market
Identification of growth in various segments and sub-segments of the Cooling Fabrics market
Strategic recommendations for investment opportunities
The report covers significant statistics related to the industry along with products, applications, price analysis, demand supply, and production and consumptions rate
Emerging trends and current market segment analysis to help investors formulate new business strategies
Accelerates the decision-making process through the availability of the drivers and limitations
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Cooling Fabrics market including the global and regional analysis of the market. The study covers critical information and factual data about the Cooling Fabrics market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Cooling Fabrics market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Cooling Fabrics market industry.
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