The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Cooling Fabrics Global Market Report 2023, the cooling fabrics market is expected to show significant growth in the forecast period.

Key insights from the cooling fabrics market forecast include:

1. Market Size

The global cooling fabrics market size grew from $2.67 billion in 2022 to $2.89 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The market is expected to reach $4.12 billion in 2027 at a CAGR of 9.2%. North America was the largest region in the cooling fabrics market in 2022.

2. Major Driver

The increasing demand for sports apparel is projected to propel the growth of the cooling fabrics market in the coming years. Sportswear is clothing that is worn during strenuous athletic tasks such as working out or engaging in sports. Sportspeople tend to wear outfits made of cooling fabrics to stay dry when on the field, which enables the wearer to be more relaxed and thus aids success in sporting events. For instance, the global sports apparel industry revenue is expected to increase from $181 billion in 2019 to $208 billion by 2025. Therefore, the increasing demand for sports apparel drives the cooling fabrics market growth.

View More On The Cooling Fabrics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/cooling-fabrics-global-market-report

3. Key Trend

Major firms in the cooling fabrics industry are focused on developing technologically advanced solutions for cooling fabrics. For instance, in December 2020, Brrr, a cooling fabric innovator, launched the Brrr Pro, an innovative performance textile with improved cooling fibres loaded with micro cooling minerals, as well as hyper wicking and quality drying, all of which operate together to enhance the triple chill effect for optimal comfort and a unique experience.

4. Major Players

Major players in the cooling fabrics market are Coolcore LLC, Ahlstrom-Munksjö,, Formosa Taffeta Co. Ltd., Hong Li Textile Co. Ltd., Nilit, Tex-Ray Industrial Co. Ltd., Formosa Taffeta Co. Ltd., Asahi Kasei Corporation, Hexarmor, Invista, Adidas AG, Sun Dream Enterprise Co. Ltd., Everest Textile Co. Ltd., Nanotex LLC, Singtex Industrial Co. Ltd., and Nike Inc.

5. Top Market Segments

The global cooling fabrics market is segmented –

1) By Type: Synthetic, Natural

2) By Textile Type: Woven, Nonwoven, Knitted, Other Textile Types

3) By Application: Sports Apparel, Lifestyle, Protective Wearing, Other Applications

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The Cooling Fabrics Global Market Report 2023  provides an in-depth analysis on the cooling fabrics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cooling fabrics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Aramid Fiber Global Market Report 2023

Textile and Fabric Finishing and Fabric Coating Mills Global Market Report 2023

Healthcare Fabrics Global Market Report 2023

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