Global cooling fabrics market to reach USD 2.6 billion by 2025

According to a new report entitled Cooling Fabrics Market – Global Forecast to 2025, available from Research and Markets, the global cooling fabrics market, which is estimated to be USD 2.0 billion in 2020, is expected to reach USD 2.6 billion by 2025, at a CAGR of 6.0% from 2020 to 2025.

Increasing demand for sports apparel, protective wearing, and growing research and development for cooling fabrics are the main factors that have led to the growth of the cooling fabrics market. Initial investment and high manufacturing cost of cooling fabrics are restraining the development of the cooling fabrics market, according to Research and Markets

Based on type, the synthetic segment is the largest type in 2020, according to the report. The segment is said to be anticipated to grow at the highest CAGR during the forecast period. Synthetic cooling fabrics market account for the larger market share owing to better moisture-wicking properties and provides an enhanced cooling effect to the wearer compared to natural cooling fabrics. Synthetic fabrics have other qualities, such as high strength, endurance, high elasticity, and smooth texture, which are sometimes not achievable with natural fabrics, the report continues.

Companies mentioned in the report include Ahlstrom-Munksjö, Asahi Kasei Corporation, Coolcore, Formosa Taffeta Co. Ltd., Hexarmor, Nan Ya Plastics Corporation, Nilit, Polartec, and Tex-Ray Industrial Co. Ltd.


Please enter your comment!
Please enter your name here

Latest Articles

Get News Updates