Cooling Fabrics Market, Key Player, Analysis, Size and Forecast Business Opportunities, Current Trends, Forecast by 2030
Research Reports
Mar 25, 2022
Cooling Fabrics Market Overview
Cooling Fabrics Market size is projected to be worth USD 4.45 Billion by 2028, registering a CAGR of 9.37% during the forecast period ending in 2028. The market was valued at USD 2.15 Billion in 2020.
The world has been battling the coronavirus since last year. Cooling fabrics market revenue of the whole world market has been hugely affected, especially in Germany, France, Italy, Spain, and some regions of the United Kingdom. Due to the imposition of the nationwide lockdown, the cooling fabrics industry has experienced a significant decline in its production and manufacture. The companies dealing with the production have faced severe issues regarding its production and transportation. The key players are trying hard to strategize their business and remove the harmful impact of the COVID-19 pandemic on the environment. This pandemic has caused an exceptional situation, increasing their demand for healthcare products, especially the medical products that protect the body.
The rise in demand for sports clothing, the new modern lifestyle, the protective wearing of the apparel, and many other applications are driving factors for the cooling fabrics market. Carrying out more research for wearing new and modernized cooling attire helps drive the industry. The adoption of lifestyle is the foremost mandatory factor helping in the growth of the cooling fabrics market size during the continuous period ending in 2028.
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Key Players
The major market players in the market are
- Coolcore LLC of the United States
- Ahlstrom Miunksjo present in Finland
- NILIT Ltd of Israel
- Polartec present in the United States
- Nan Ya Plastics Corporation of Taiwan
- Nanotex LLC of the United States
- Tex-Ray Industrial Co Ltd present in Taiwan
- Everest Textile Co Ltd of Taiwan
- Formosa Taffeta Co Ltd of Taiwan
- Asahi Kasei Corporation of Japan
- Hexarmor of the United States
- Other
Cooling Fabrics Market Segmentation
The cooling fabrics market has been segmented for the market’s rising demand by prominent players and the global target audience. The market has been segmented based on the following:
By type
The cooling fabrics are categorized into textile, synthetic, and application types. Synthetic covers a significant area of cooling fabrics market share in 2020. Synthetic acts as a raw material used to synthesize fabrics like synthetic clothes. Synthetic fibers include polyester, nylon, and others like spandex.
By technology
With technical help, the fabrics could regulate temperature, were wrinkle-free, moisture absorbing, and had quick-drying characteristics.
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Regional Classification
North America covers a dominant market share before the European and the Asia Pacific regions. The rise of new technological advancement, research and development investment, and the presence of the end-use application segment act as a driving force for the North American regions of the market. The United States, in terms of value and volume, occupied a dominant area within the North American region and was expected to project at high CAGR during the forecast period.
Recent Development
Coolcore LLC as per the cooling fabrics market trends in March 2019, developed a single strand yarnFiber X that has a heat regulation feature as that of the original fiber. This single strand fiber can be woven with other synthetic and natural fibers thus making the final product more trendy and strong. With this discovery, this new product Coolcore company could strengthen its portfolio as its invention was a huge miracle for the market.
TexRay Industrial Co. ltd in December 2015, made a partnership with PHYSICLO manufacturers new and high-quality wearables for fitness for sports and leisure end-use industry.
In June 2015, a partnership with INVISTA Americana in Sao Paulo of Brazil led to the production of Nylon 6.6. Their partnership helped them raise their presence and cover a huge market share in the areas of Brazil and some regions of the South American nylon market. Both these companies have fulfilled the demand of the Brazilian market.
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Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Factor Analysis
4.1 Supply Chain Analysis
4.1.1 Raw Form Suppliers
4.1.2 Manufacturers/Service Providers Of Cooling Fabrics
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4 End-Use Industries
4.2 Porter’s Five Forces Model
4.2.1 Threat Of New Entrants
4.2.2 Intensity Of Competitive Rivalry
4.2.3 Threat Of Substitutes
4.2.4 Bargaining Power Of Suppliers
4.2.5 Bargaining Power Of Buyers
4.3 Pricing Analysis
5 Market Dynamics Of Global Cooling Fabrics Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
6 Global Cooling Fabrics Market, By Textile Type
6.1 Introduction
6.2 Natural
6.2.1 Market Estimates & Forecast, 2018–2027
6.2.2 Market Estimates & Forecast, By Region, 2018–2027
6.3 Synthetic
6.3.1 Market Estimates & Forecast, 2018–2027
6.3.2 Market Estimates & Forecast, By Region, 2018–2027
7 Global Cooling Fabrics Market, By Textile Type
7.1 Introduction
7.2 Woven
7.2.1 Market Estimates & Forecast, 2018–2027
7.2.2 Market Estimates & Forecast, By Region, 2018–2027
7.3 Non-Woven
7.3.1 Market Estimates & Forecast, 2018–2027
7.3.2 Market Estimates & Forecast, By Region, 2018–2027
7.4 Knitted
7.4.1 Market Estimates & Forecast, 2018–2027
7.4.2 Market Estimates & Forecast, By Region, 2018–2027
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