Cooling Fabrics Market by Type (Natural, Synthetic), Textile (Knitted, Nonwoven, Woven), Distribution Channel, End-Use Industry - Global Forecast 2024-2030

Cooling Fabrics Market by Type (Natural, Synthetic), Textile (Knitted, Nonwoven, Woven), Distribution Channel, End-Use Industry - Global Forecast 2024-2030

The Cooling Fabrics Market size was estimated at USD 2.60 billion in 2023 and expected to reach USD 2.78 billion in 2024, at a CAGR 7.04% to reach USD 4.19 billion by 2030.

Cooling fabrics are innovative textile materials designed to regulate the body temperature by absorbing, storing, and releasing heat. These textiles are engineered with advanced fibers or chemical treatments that provide a cooling sensation, moisture-wicking capabilities, and enhanced breathability. An increased focus on health-conscious lifestyles and the importance of personal comfort is driving the demand for cooling fabrics in the sportswear and outdoor apparel industries. In addition to consumer lifestyle shifts, growing concerns over industrial safety have generated opportunities for incorporating cooling fabrics into protective clothing. However, the high cost of producing advanced fabrics may limit market penetration by smaller manufacturers, which lack the financial resources required for research & development (R&D) investments. In addition, manufacturers focus on sustainable production processes and incorporating biodegradable or recycled fibers can appeal to environmentally conscious consumers while adhering to stricter regulations.

Regional Insights

In the Americas, the demand for cooling fabrics is increasing due to their extensive adoption in sportswear and military applications. Consumers in the United States and Canada have a higher disposable income, enabling them to invest in new technologies that improve comfort during sports or other outdoor pursuits. The Asia Pacific countries, including China, Japan, and India, collectively demonstrate substantial potential for growth in cooling fabrics. The European Union showcases a strong interest in cooling fabrics, with numerous local and regional players engaging in research and development efforts. The EU's focus on sustainability drives innovation in eco-friendly cooling fabric technologies. Sweltering heat conditions in the Middle East and Africa contribute significantly to the growing need for cooling fabrics.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Cooling Fabrics Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing demand for sportswear and protective wear
Emerging applications in medical & defense applications
Growing demand of protective clothing in harsh temperature

Market Restraints

High cost of the final product

Market Opportunities

Ongoing research and development in cooling fabrics
Introduction of advanced cooling fabric technology

Market Challenges

Low market penetration and availability of substitutes

Market Segmentation Analysis

Type: Growing usage of natural cooling fabrics due to their excellent properties
Textile: Emergence of knitted and nonwoven cooling fabrics in the athletic and activewear sector
Distribution Channel: Rapid sales of cooling fabric through online distribution channels
End-Use Industry: Increasing adoption of cooling fabrics in sportswear and medical sector

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cooling Fabrics Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Cooling Fabrics Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Cellares Raises USD 255M Series C to Launch First Integrated Development and Manufacturing Organization (IDMO) and Pioneering Smart Factory to Meet Global Demand for Life-Saving Cell Therapies

Cellares raised USD 255 million in Series C funding to launch the world's first IDMO Smart Factory in Bridgewater, New Jersey. The facility can accommodate 50 Cell Shuttles and produce up to 40,000 batches annually. This strategic funding and the development of advanced manufacturing capabilities enable Cellares to advance the field of cell therapy further and meet the growing demand for innovative treatments.

Abeona Therapeutics Raises Funds to Launch Cell Therapy

Abeona Therapeutics has secured USD 25 million in funding from a group of select investors, with Nantahala Capital Management leading the round. These funds support the company's upcoming launch activities as they prepare to apply to the FDA to approve their cell therapy, EB-101.

Thermo Fisher launches Cell Therapy Collaboration Centre Programme in Singapore

Thermo Fisher Scientific Inc. has launched the Cell Therapy Collaboration Centre Programme in Singapore, which serves as the Asia Pacific hub. The primary goal of this program is to expedite the evolution of cell and gene therapies. This program aims to foster collaboration and innovation in cell therapy, ultimately leading to advancements in patient care.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cooling Fabrics Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Cooling Fabrics Market, highlighting leading vendors and their innovative profiles. These include Adidas AG, Ahlstrom-Munksjö Oyj, Asahi Kasei Corporation, BRRR, Columbia Sportswear Company, Coolcore, Everest Textile Co., Formosa Taffeta Co., Ltd., HeiQ Materials AG, HexArmor by Uvex Safety Group GmbH & Co., Invista, Libolon, Marcel Liebaert NV, Nan Ya Plastics Corporation, Nanotex LLC by Crypton, Inc., Nike Inc., Nilit Ltd., Patagonia, Inc., Polartec, LLC by Milliken & Company, TexRay Industrial Co., Ltd., The LYCRA Company LLC, and Thermore (Far East) Ltd..

Market Segmentation & Coverage

This research report categorizes the Cooling Fabrics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Natural
Synthetic
Textile
Knitted
Nonwoven
Woven
Distribution Channel
Offline
Online
End-Use Industry
Athletic & Sportswear
Fashion & Lifestyle
Medical
Military & Defense
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year