According to the latest report by IMARC Group “Cooling Fabrics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global cooling fabrics market reached a value of US$ 2.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a CAGR of 8.4% during 2022-2027.
Cooling fabrics are made using gel, polymer, and phase change materials (PCMs) to offer insulating properties in response to the environment. They absorb heat and moisture and release them into the atmosphere to enhance the breathability and ventilation of the garments. They also aid in maintaining a comfortable body temperature while performing physical activity and improving the overall well-being from scorching conditions. As a result, they find application in the production of sports apparel around the world.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The outbreak of the contagious coronavirus disease (COVID-19) and the surging need for personal protective equipment (PPE) represents one of the key factors positively influencing the sales of cooling fabrics across the globe. Besides this, cooling fabrics are utilized in heavy protective clothing or armors that are worn by firefighters,military personnel, and staff working with the hazardous material cleanup. Furthermore, due to the rising number of sports enthusiasts, leading manufacturers are providing cooling garments that maximize oxygen uptake, increase blood flow to the working muscles, and minimize the risk of inflammation during events.
Breakup by Type:
Breakup by Application:
- Sports Apparel
- Protective Wear
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Adidas AG
- Ahlstrom-Munksjö Oyj
- Asahi Kasei Corporation
- Coolcore LLC
- Formosa Taffeta Co. Ltd.
- Nan Ya Plastics Corporation
- Nike Inc.
- Nilit Ltd.
- Polartec LLC (Milliken & Company)
- Tex-Ray Industrial Co. Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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