Cooling Fabrics Global Market Sees Growth Rate Of 14% Through 2022
16 May, 2022
The global cooling fabrics market size is expected to grow from $2.35 billion in 2021 to $2.68 billion in 2022 at a compound annual growth rate (CAGR) of 14.1%. The cooling fabric market is expected to grow to $3.84 billion in 2026 at a CAGR of 9.4%.
What is the Global Cooling Fabrics Market?
The cooling fabrics market consists of sales of cooling fabrics by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing cooling fabrics. Cooling fabrics are practical fabrics that keep the body temperature at a reasonable level during hot weather and physical activity.
Get a Sample of the global cooling fabrics market report
What drives the Global Cooling Fabrics Market?
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 growth of the cooling fabrics market.
Get the full global cooling fabrics industry report herehttps://www.thebusinessresearchcompany.com/report/cooling-fabrics-global-market-report
Global Cooling Fabrics Market Segments
The global cooling fabrics market is segmented:
By Type: Synthetic, Natural
By Textile Type: Woven, Nonwoven, Knitted, Others
By Application: Sports Apparel, Lifestyle, Protective Wearing, Others
By Geography: The regions covered in the cooling fabrics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Cooling Fabrics Global Market Report 2022 provides market size and growth forecasts for the global cooling fabrics market, global cooling fabrics market share, cooling fabrics market segments and geographies, cooling fabrics market competitive landscape including leading competitors’ revenues, profiles and market shares. The cooling fabrics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Cooling Fabrics Industry Playersinclude 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, and Sun Dream Enterprise Co. Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.