Global Cooling Fabrics Market to Reach USD 5.20 billion by 2032, Aided by the Increasing Demand for Protective Clothing and Sportswear

The cooling fabrics industry is predicted to witness growth in the forecast period due to the increasing demand for cooling fabrics in the textile industry. Another factor driving the market's growth is the rising demand for cooling fabrics that give comfort by creating a cooling effect. One of the key trends for the global cooling fabrics industry is the increasing awareness among sportspersons. The majority of sportsperson prefer highly desirable and comfortable materials for their garments. Therefore, the growing engagement in sports and regular exercise is driving demand for cooling fabrics-based sportswear, which is expected to move the global market forward. The market would witness lucrative growth opportunities due to the rising usage of cooling fabrics for healthcare, military, and industrial applications. The ability of cooling garments to decrease the heat stress caused by extreme exposure, especially in industrial applications, would increase their utilisation for making protective wear. Besides, they are utilised in other applications like lifestyle, automotive, and fashion which would augment the market's demand in the next few years.

The rising popularity of cooling fibre due to its properties is also fuelling the growth of the target market. In September 2017, Polartec introduced new collections, especially for electricians, contractors, and oil and gas professionals. The collection features Polartec fabric technologies, including advanced thermoregulation fabrics for hot and cold environments, with performance knits and finishes such as Polartec Hardface enhanced durability.

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Market Analysis by Type, Textile Type, Application, and Regions:

• The types in the market include synthetic and natural.
• Based on textile type, the market can be divided into woven, nonwoven, and knitted, among others.
• The applications of the market include sports apparel, lifestyle, and protective wearing, among others.
• The regional markets for cooling fabrics include North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.

Key Findings of the Report:

• The market is likely to witness growth due to the increase in the disposable income of the people in developing nations.
• The increasing health awareness is boosting the market growth.
• The pandemic has propelled the need for personal protective equipment (PPE) like masks which is bolstering the demand for cooling fabrics to protect a wearer from heat stress.
• The demand for cooling fabrics is expected to rise rapidly in emerging economies during the forecast era, with rising economic growth, evolving lifestyles, and increasing sports culture.
• Technological advancements are making the market strive for good quality and good efficiency clothes.

Key Offerings of the report:

• The EMR report gives an overview of the global cooling fabrics market for the periods (2018-2023) and (2024-2032).
• The report also offers the historical (2018-2023) and forecasted (2024-2032) markets for type, textile type, applications, and major regions of cooling fabrics.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global cooling fabrics industry are Ahlstrom-Munksjö, Polartec®, LLC, Coolcore, Formosa Taffeta Co., Ltd., and HexArmor, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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