Global Cooling Vests Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cooling Vests Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A cooling vest is a special garment designed to lower or stabilize your body temperature and make it easier to expose to warm climates or environments. Cooling vests are used by many athletes, construction workers and welders, as well as people with multiple sclerosis, sweaty subcutaneous dysplasia, or various sports injuries.

Market Overview:

The latest research study on the global Cooling Vests market finds that the global Cooling Vests market reached a value of USD 813.59 million in 2022. It’s expected that the market will achieve USD 1036.53 million by 2028, exhibiting a CAGR of 4.12% during the forecast period.

Driving Factors for this Market

Cooling Vests is suitable for thermal protection in high temperature, high heat and high humidity environments. The main downstream applications and groups are:
Engine room of submarine ship; industrial operations such as metallurgy, casting, glass manufacturing, and furnace; summer heat in hospital patients and families; firefighters, fire scenes; furnace, transportation, chef.
People working and active in the wild environment, such as: traffic police, special police; geology, oil, electricity, sanitation; outings, leisure; railways, drivers.
Therefore, downstream demand is mainly driven by the prosperity of various industries brought by economic development. On the one hand, with the continuous development of the global economy, various countries and regions are actively developing industries, improving the level of infrastructure construction, and increasing market demand, but due to price reasons, demand growth has been lower. On the other hand, the application of Cooling Vests in the military is relatively stable, and the demand in this field is relatively large.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Techniche is one of the major players operating in the Cooling Vests market, holding a share of 31.41% in 2019.

Techniche produces smart clothing designed to resist heat stress and help maintain the body's natural body temperature regulation. The main products include various types of cooling vests, pneumatic hand warmers, etc.

Glacier Tek produces high-tech garments to help wearers be protected from thermal stress in extreme environments. Glacier Tek's main products include Body cooling vests, cool vests, ice vest and other products.

Segmentation Overview:

Among different product types, Evaporative Cooling Vests segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Cooling Vests market covered in Chapter 3:

Ergodyne Corporation
Coolshirt System
Glacier Tek
Steele Cooling Vests
Techniche
Allegro Industries
Polar Products
Arctic Heat
Maranda Enterprises
First Line Technology

In Chapter 4 and Chapter 14.2, on the basis of types, the Cooling Vests market from 2018 to 2029 is primarily split into:

Circulating Cool Water Vests
Evaporative Cooling Vests
Ice Chilled Cooling Vests
Vortex Cooling Vests
Phase Change Cooling Vests
Thermoelectric Cooling Vests
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cooling Vests market from 2018 to 2029 covers:

Industrial
Medical
Military
Sporting Organizations
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)