Cooling Fabrics Market - By Type (Synthetic, Natural), By Fabric Type (Polyester, Nylon, Cotton, Blends), By Technology (Moisture-Wicking, Phase Change Materials (PCM), Evaporative Cooling, Thermo-Regulating Coatings), By End-use & Forecast, 2023 - 2032

Cooling Fabrics Market - By Type (Synthetic, Natural), By Fabric Type (Polyester, Nylon, Cotton, Blends), By Technology (Moisture-Wicking, Phase Change Materials (PCM), Evaporative Cooling, Thermo-Regulating Coatings), By End-use & Forecast, 2023 - 2032

Global Cooling Fabrics Market will witness 7.9% CAGR between 2023 and 2032. Rising global temperatures and the growing frequency of heat waves are increasing the demand for cooling solutions in various industries. Advancements in textile technology have led to the development of fabrics with enhanced cooling properties, appealing to consumers seeking comfort in hot climates.

For instance, as per ACS Photonics reports, from April 2023, a novel fabric inspired by human skin has the potential to provide significantly better cooling effects than the surrounding air. This radiative cooling material, while being waterproof, breathable, and easy to manufacture, can lower wearers' temperatures by up to 12°C compared to their environment. Zhengmao Lu, a mechanical engineer at the Swiss Federal Institute of Technology, Lausanne (EPFL), describes it as a cutting-edge radiative cooling material with added features like vapor permeability and waterproofing. Additionally, sustainability concerns drive the adoption of eco-friendly fabric options, reinforcing cooling fabrics market expansion.

The overall Cooling Fabrics Market is classified based on type, end-use, and region.

The natural cooling fabrics industry will undergo significant development from 2023 to 2032. Consumers and industries are increasingly seeking fabrics made from natural fibers like cotton, bamboo, or hemp, as they offer excellent breathability and moisture-wicking properties. These natural cooling fabrics provide comfort, especially in hot and humid conditions, and align with sustainability goals, contributing to their popularity and the cooling fabrics market demand.

The outdoor clothing segment will register a commendable CAGR from 2023 to 2032. As outdoor enthusiasts and athletes require comfort and temperature regulation during physical activities, cooling fabrics become crucial. These textiles, often integrated into sportswear and outdoor apparel, offer moisture-wicking properties and cooling sensations to keep wearers comfortable in hot conditions. The cooling fabrics market size in outdoor clothing is driven by the need for performance-enhancing, temperature-regulating apparel.

Europe cooling fabrics market will showcase an appreciable CAGR from 2023 to 2032. The region's summers are becoming increasingly warmer due to climate change, driving the need for effective cooling solutions. For instance, according to reports from September 2023, Europe is experiencing warming at a rate nearly twice as fast as the global average, with temperatures approximately 2.2 degrees Celsius above pre-industrial levels, which were recorded around 1850-1900. This summer, the continent recorded an average temperature of 19.63 degrees Celsius, surpassing the usual average by 0.83 degrees Celsius, ranking it as the fifth warmest summer season on record.

European consumers, especially in Southern countries, seek cooling fabrics in various products, from clothing to bedding. Besides, the European commitment to sustainability fuels the demand for eco-friendly cooling textiles, aligning with environmental concerns and reinforcing market growth.