The GMI Research expects the cooling fabrics market to expand at a significant rate. From a regional perspective, North America is projected to lead the market owing to the rapid R & D activities regarding the fabric. For instance, the University of Maryland launched a new adaptive fabric that cools down as the body heats up.
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Cooling Fabrics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The global cooling fabrics market is predicted to witness an upsurge in demand during the forecast period due to the increasing prevalence of active lifestyles. For example, as per an article issued by Harvard Medical School, a survey includes about 40,000 men and 79,000 women, represented data for the body weight and physical activity in which around 48 percent of the population showed a healthy dataset, which is improved in comparison to last records. The strong demand for protective wear and sportswear is further surging the growth of the cooling fabrics market.
The rising demand for smart fabric for garments production is further augmenting the growth of the market. Cooling body fabrics help to enhance the efficiency of a sports person, which has become an emerging trend and necessity, thus bringing various growth opportunities in the market. The growing popularity of cooling fabrics worldwide, owing to the adaptive properties of fabrics, such as more strength, durability, moisture management, superior cooling, has fuelled the demand for the fabric in the market. This factor has surged its applications in different industries. On the other hand, the factor hindering the growth of the cooling fabrics market include the increasing cost regarding the fabric, which cannot be afforded by the middle-class and lower population.
Type Segment Drivers
Based on the Type, the cooling fabrics market is segmented into synthetic and natural. The synthetic type is predicted to dominate the market during the forecast period. Synthetic fibers are smooth, elastic, and stronger enough, making this fabric gain popularity and are mostly used for outdoor and sports activities and promoting the sportsperson to utilize this kind of fabric.
Cooling Fabrics Market’s leading Manufacturers:
- Coolcore
- Ahlstrom-Munksjö
- Nilit
- Polartec
- NAN YA PLASTICS CORPORATION
- Tex-Ray Industrial Co. Ltd.
- FORMOSA TAFFETA Co., Ltd.
- Asahi Kasei Corporation
- Hexarmor
- Brrr
Cooling Fabrics Market Segmentation:
Segmentation by Type:
- Synthetic
- Natural
Segmentation by Textile Type:
- Woven
- Nonwoven
- Knitted
Segmentation by Application:
- Sports Apparel
- Protective Wearing
- Lifestyle
- Others
Segmentation by Technology:
- Active Cooling Fabrics
- Air Cooled
- Liquid Cooled
- Passive Cooling Fabrics
- Phase Change Cooling
- Evaporative Cooling
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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