Impressive attributes like moisture-wicking, temperature regulation, quick-drying and wrinkle-free texture are expected to further fuel the demand for cooling fabrics in the years ahead. Leading companies are focused on technological advances to produce high quality fabrics with high efficiency. Rising preference for cooling garments in sports and fitness related activities will also boost the market size over the following years.
Cooling fabrics Market is witnessing massive demand worldwide, since these products are widely considered intelligent and smart for use in garments that help maintain the body‘s cool, evaporate the sweat, and protect against heat stress. Cooling fabrics are gaining a lot of popularity, especially due to their inherent unique benefits, which should favor the global market in the years to come. Surge in sports as well as leisure activities in Europe, North America, and Asia Pacific could also impart a positive outlook to the global industry in the ensuing years.
Impressive attributes like moisture-wicking, temperature regulation, quick-drying and wrinkle-free texture are expected to further fuel the demand for cooling fabrics in the years ahead. Leading companies are focused on technological advances to produce high quality fabrics with high efficiency. Rising preference for cooling garments in sports and fitness related activities will also boost the market size over the following years.
A striking opportunity has emerged in the form of growing use of cooling fabrics in the military sector, where the need for resistance from harmful ultraviolet rays, protection against excessive exposure to heat and temperature regulation is significantly high. Cooling effects of these fabrics facilitate safety as well as the wearer’s performance. Cooling fabrics have also been garnering the interest of the medical sector, for treating heat-related ailments, chronic illnesses and infections.
Competitive Leaderboard:
Coolcore (US), Ahlstrom-Munksjö (Finland), NILIT Ltd (Israel), Polartec (US), Nan Ya Plastics Corporation (Taiwan), Tex-Ray Industrial Co., Ltd (Taiwan), Formosa Taffeta Co., Ltd (Taiwan), Asahi Kasei Corporation (Japan), Hexarmor (US), Tehrani Industrial Group (Iran), Sun Dream Enterprise Co., Ltd (Taiwan), Hong Li Textile Co., Ltd (Taiwan), Everest Textile Co., Ltd (Taiwan), Nanotex LLC (US), are some of the well-established players in the cooling fabrics industry.
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Market Segmentation:
Type, textile type and application are key segments examined in the MRFR report, in order to provide an enhanced understanding of the global market.
Cooling fabrics are available in two types, namely synthetic and natural. Natural cooling fabrics are climbing the charts at the fastest pace due to the mounting demand for biodegradable and breathable fabrics. Some of the popular natural fabric are silk, cotton, and more. Synthetic cooling fabrics, on the other hand, have emerged as the top segment in the market, primarily owing to their impressive characteristics such as high endurance, strength, elasticity and smooth texture. Major synthetic types of fabrics are polyester, spandex and nylon.
Textile types considered in the report are non-woven, knitted and woven. Significant growth has been witnessed by the non-woven segment in the cooling fabrics industry, given this textile type’s appealing properties including high production speed, low cost and aeration filtration. However, the highest achieving segment belongs to knitted textile type, in view of their high degree of breathability, fit and elasticity. Knitted fabrics are largely deployed in sports apparel, and the rising use is expected to help the segment also attain the fastest growth rate in the future.
Some of the major applications are lifestyle, sports apparel, protective wearing, and others. Sports apparels are in the lead, thanks to the mounting preference for self-cooling fabrics among sports enthusiasts. Others segment comprises healthcare, leisure activities and marine. Others segment seems to be witnessing the fastest growth due to the surging focus on the development of more advanced technologies as well as products for healthcare, sports and marine sectors.
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Regional Analysis:
Latin America, Europe, MEA or Middle East and Africa, America and Asia Pacific or APAC are the main markets for cooling fabrics worldwide.
North America is the highest revenue generating market for cooling fabrics and is strongly influenced by the high adoption rate of modern technologies during manufacturing and the presence of major end-users. Soaring demand for cooling fabrics in the sports sector along with frequent technological innovations facilitating new and better features can also benefit the North American industry in the near future. Growing adoption of cooling fabrics in the military sector should also favor the regional market in the next couple of years.
Europe remains a lucrative market in view of the heightened demand for breathable sports apparel, high per capita spending on clothes, and changing consumer tastes with preference for functional clothing. Intensive research and development activities carried out by the manufacturers to design high-tech cooling fabrics that are not only comfortable but also help conserve energy can mean massive revenues for the European market in the following years.
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