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Cooling Fabrics Market Analysis

Report ID: GMI6446
Published Date: Aug 2023
Report Format: PDF

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Cooling Fabrics Market Analysis

Cooling Fabrics Market Size, By Type, 2021 - 2032 (USD Billion)

Based on type, the cooling fabrics market is segmented as synthetic and natural. Synthetic held a majority market value of USD 1.4 billion in 2022. Synthetic cooling fabrics are engineered to provide efficient and rapid heat dissipation, making them ideal for active individuals, athletes, and those engaged in physically demanding activities. Synthetic cooling fabrics often incorporate moisture-wicking properties that draw sweat away from the body, keeping the skin dry and preventing discomfort during workouts and outdoor activities. Moreover, an increasing usage will further accelerate the segmental growth.

Cooling Fabric Market Revenue Share, By Fabric Type, (2022)

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Based on fabric type, the cooling fabrics market is segmented as polyester, nylon, cotton, blends, others. Polyester held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace through 2032. Polyester fabrics with moisture-wicking properties draw sweat away from the skin, promoting quick evaporation and keeping the body dry during physical activities.

Based on technology, the cooling fabrics market is segmented as moisture-wicking, phase change materials (pcm), evaporative cooling, thermo-regulating coatings, others. Moisture wicking held a dominant market share in 2022 and is anticipated to grow at 8.6% CAGR till 2032. Fabrics with moisture-wicking and evaporative cooling properties keep the body dry during physical activities, preventing discomfort and chafing. Thus, the high-quality services and growing usage of Cooling fabrics at food centres are anticipated to expedite the business growth.

Based on technology, the market is segmented as sports and athletic wear, outdoor clothing, medical textiles, military and protective clothing, home textiles, fashion and lifestyle, workwear, others. Sports and Athletic Wear held a dominant market share in 2022 and is anticipated to grow by 2032. Athletes and fitness enthusiasts demand cooling fabrics that wick moisture, regulate temperature, and provide comfort during workouts and sports activities.

U.S. Cooling Fabrics Market Size, 2020- 2032 (USD Billion)

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U.S. dominated the North American region with majority cooling fabrics market share and a revenue of USD 0.5 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. Cooling fabrics are in high demand during the hot summer months, providing relief from heat and humidity. Consumers seek cooling fabrics that adapt to changing weather conditions and provide comfort in various climates.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for cooling fabrics was valued at around USD 2.2 billion in 2022 and is estimated to reach USD 4.7 billion by the end of 2032 owing to the increasing global temperatures that push the demand for effective solutions to manage body temperature and heat discomfort.

Polyester held a market share of around 40% in 2022 and is expected to grow at a lucrative pace as this fabric with moisture-wicking properties draw sweat away from the skin, promoting quick evaporation and keeping the body dry during physical activities.

U.S. cooling fabrics was worth USD 0.5 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 as these fabrics are in high demand during the hot summer months, providing relief from heat and humidity.

Columbia Sportswear Company, Under Armour, Inc., Nike, Inc., Adidas AG, The North Face, Mizuno Corporation, Hanesbrands Inc., Outlast Technologies LLC, Ahlstrom-Munksjö, NanoGraf Corporation, Mission Cooling, Chill-Its by Ergodyne, O2COOL LLC among others.