[178+ Pages Research Report] Global Cooling Fabrics Market to surpass USD 6.73 billion by 2030 from USD 2.95 billion in 2020 at a CAGR of 8.7% in the coming years, i.e., 2021-30.

Product Overview

Natural and synthetic materials can be used to create cooling fabrics. Cooling fabric is a new type of fabric that offers cooling, warmth, and a skin-like softness. Customers will appreciate the convenience of cooling materials because they aid to dissipate sweat and keep the cloth from clinging to the body. The movement of moisture and regulated evaporation are two important features of cooling fabrics. These fabrics are unique from other thermoregulating textiles. Polyester, nylon, rayon, and spandex are examples of synthetic materials that are not only breathable but also allow for optimum airflow. Another important aspect driving industry growth is the easy availability of raw ingredients for creating synthetic cooling fabrics. Because of their lightweight, silky feel, and resistance to perspiration and UV radiation, polyester and nylon have recently gained popularity in the creation of cooling clothes.

Market Highlights

Global Cooling Fabrics Market is expected to project a notable CAGR of 8.7% in 2030.

A large proportion of athletes prefer more appealing fabrics for their clothing. People's awareness of comfortable clothing materials is increasing global demand for cooling fabrics. Rising expertise among these folks will continue to be a primary driver for the global market for cooling fabrics in the foreseeable future. Furthermore, increased economic growth, changing lifestyles, and an increase in sports culture are likely to drive demand for cooling fabrics in emerging nations throughout the forecast period.

Global Cooling Fabrics Market: Segments

Synthetic segment to grow with the highest CAGR during 2020-30

Global Cooling Fabrics Market is segmented by type into Synthetic and Natural. In 2020, synthetic textiles accounted for the majority of the Global Cooling Fabrics Market. Because of the increased strength and performance of synthetic textiles, this market is predicted to grow at the quickest rate over the next eight years. These are utilized in a wide range of applications, including sportswear and medical. In the projection period, the natural cooling fabrics segment is also predicted to increase. Because of its qualities like as excellent breathability and biodegradability, the product is expected to see significant demand over the projected period. Natural materials have built-in breathability, but they are more expensive and less durable than synthetic materials.

Sports apparel segment to grow with the highest CAGR during 2020-30

Global Cooling Fabrics Market is divided by application into Sports Apparel, Protective Wear, Lifestyle, and Others. Over the forecast period, the sports apparel segment is projected to expand at the fastest pace. Because of the increased use of these wearables to eliminate sweat while engaging in any fitness activity, the sports apparel category represented the largest share of the global market. Athletes and others benefit greatly from the intrinsic qualities of these wearables, such as temperature regulation and moisture-wicking. As a result, the sports area is expected to be the fastest-growing application category over the next few years.

Market Dynamics

Drivers

Increased need for protective apparel and growing use of cooling textile

Individuals' increasing need for protective apparel and sportswear is a major driver projected to propel the Global Cooling Fabrics Market forward. Growing engagement in sports and regular exercise as a result of rising health awareness is driving up demand for cooling fabrics-based sportswear, which is expected to drive the global market forward in the long run. Another factor projected to boost the global market's growth is the growing use of cooling textiles in the industrial and military sectors. Cooling textiles allow sweat to evaporate while also providing protection from pollutants and UV radiation. The target market is also growing due to the increasing popularity of cooling fiber due to its features.

Low cooling and advanced fabric creation

Additionally, the creation of low-cost cooling fabrics, as well as promotional initiatives such as commercials and social media to raise awareness, might increase income prospects for participants in the target market. Another element projected to drive the global market's growth is the development of new advanced, higher-quality cooling fabrics.

Restraint

Consumer choices and high cost associated with the market

The worldwide cooling fabrics market's expansion is moderately hampered by the high cost of raw materials. Consumer choices, oil prices, and global trade patterns are all factors influencing this market. The majority of cooling fabric manufacturers are having difficulty maintaining profit margins due of raw material price volatility, which is affecting their financial performance.

Global Cooling Fabrics Market: Key Players

Adidas AG

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Ahlstrom-Munksjo Oyj

Coolcore, LLC

Formosa Taffeta Co., Ltd.

HDM, Inc.

Kraton Corporation

Nan Ya Plastics Corporation

NILIT Ltd.

Polartec, LLC

Other Prominent Players

Global Cooling Fabrics Market: Regions

Global Cooling Fabrics Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Cooling Fabrics Market in North America held the largest market share in the year 2020. due to increased demand from the sports industry and technological improvements Over the next eight years, the growing use of cooling fabrics in the military and industrial sectors is expected to drive market expansion. The company's rise can also be due to considerable research and development efforts to create high-tech cooling wearables that not only give comfort but also help save energy. The migrating consumer trend toward fitness and health consciousness, combined with government backing, is expected to boost the market's growth in Asia Pacific.

Global Cooling Fabrics Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Cooling Fabrics Market report also contains analysis on:

Cooling Fabrics Segments:

By Type

Storage

Transportation

Monitoring Components

By Application

Sports Apparel

Protective Wear

Lifestyle

Others

Cooling Fabrics Dynamics

Cooling Fabrics Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Cooling Fabrics Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Cooling Fabrics market

What is the Cooling Fabrics market growth

Which segment accounted for the largest Cooling Fabrics market share

Who are the key players in the Cooling Fabrics market

What are the factors driving the Cooling Fabrics market

Contents

1. Executive Summary

2. Global Cooling Fabrics Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Cooling Fabrics Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Cooling Fabrics Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Cooling Fabrics Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Type: Market Share (2020-2030F)

1. Synthetic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Natural, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application : Market Share (2020-2030F)

1. Sports Apparel, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Protective Wear, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Lifestyle, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Adidas AG

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Ahlstrom-Munksjo Oyj

3. Coolcore, LLC

4. Formosa Taffeta Co., Ltd.

5. HDM, Inc.

6. Kraton Corporation

7. Nan Ya Plastics Corporation

8. NILIT Ltd.

9. Polartec, LLC

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources