The Global Cooling Tissue Market will exceed 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 presentation
New York, June 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Cooling Tissue Market Segmented by Type; per app; and Region – Global Market Size, Share and Trend Analysis 2019-2020 and Forecast to 2030″ – https://www.reportlinker.com/p06191964/?utm_source=GNW
Both natural and synthetic materials can be used to create cooling fabrics. Cooling Fabric is a new type of fabric that provides cooling, warmth and skin-like softness. Customers will appreciate the convenience of the cooling materials as they help dissipate sweat and prevent the fabric from clinging to the body. Moisture movement and controlled evaporation are two important characteristics of cooling fabrics. These fabrics are unique compared to other thermoregulating textiles. Polyester, nylon, rayon, and spandex are examples of synthetic materials that are not only breathable, but also allow optimal airflow. Another important aspect driving the growth of the industry is the easy availability of raw materials to create synthetic cooling fabrics. Due to their lightness, silky feel and resistance to sweat and UV rays, polyester and nylon have recently gained popularity in the creation of cooling garments.
The global cooling fabrics market is expected to project a notable CAGR of 8.7% in 2030.
A large portion of athletes prefer more attractive fabrics for their clothing. People’s awareness of comfortable clothing materials is increasing the global demand for cooling fabrics. The growing expertise of these individuals will continue to be the main driver of the global cooling fabrics market for the foreseeable future. Furthermore, increased economic growth, changing lifestyles, and an increase in sports culture are expected to drive the demand for cooling fabrics in emerging countries throughout the forecast period.
Global Cooling Fabrics Market: Segments
Synthetic Segment Expected to Grow with Highest CAGR in 2020-30
The 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. Due to increased strength and performance of synthetic textiles, this market is expected to grow at the fastest rate over the next eight years. These are used in a wide range of applications including sportswear and medical wear. During the projection period, the natural cooling fabrics segment is also expected to increase. Due to its qualities such 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.
Sportswear Segment Expected to Grow with Highest CAGR in 2020-30
The global cooling fabrics market is split by application into sportswear, protective clothing, lifestyle and others. During the forecast period, the sportswear segment is expected to grow at the fastest rate. Due to the increased use of these wearables to remove sweat during any fitness activity, the sportswear category accounted for the largest share of the global market. Athletes and others benefit greatly from the intrinsic qualities of these garments, such as temperature regulation and moisture wicking. As a result, the sports domain is expected to be the fastest growing app category over the next few years.
Increased need for protective clothing and growing use of cooling textiles
The growing need of individuals for protective clothing and sportswear is a major driver that is expected to propel the global cooling fabrics market forward. Growing engagement in sports and regular exercise owing to rising health awareness is increasing the demand for sportswear made from cooling fabrics, which is expected to drive the global market forward in the long run. Another factor expected to drive the growth of the global market is the growing use of cooling textiles in the industrial and military sectors. Cooling textiles allow sweat to evaporate while providing protection against pollutants and UV rays. The target market is also growing due to the growing popularity of cooling fiber due to its characteristics.
Low cooling and advanced fabric creation
Additionally, the creation of low-cost cooling fabrics, along with promotional initiatives such as advertisements and social media to raise awareness, could increase revenue prospects for target market participants. Another element that is expected to drive the growth of the global market is the development of new and better quality advanced cooling fabrics.
Consumer choice and high market cost
The expansion of the global cooling fabrics market is moderately hampered by the high cost of raw materials. Consumer choices, oil prices, and global business patterns are all factors influencing this market. The majority of cooling fabric manufacturers are struggling to maintain their profit margins due to volatile raw material prices, which affects their financial performance.
Global Cooling Fabrics Market: Key Players
Company overview, business strategy, key product offerings, financial performance, key performance indicators, risk analysis, recent development, regional presence, SWOT analysis
Formosa Taffeta Co., Ltd.
Nan Ya Plastics Corporation
Other top players
Global Cooling Fabrics Market: Regions
The global cooling fabrics market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. The global cooling fabrics market in North America held the largest market share in 2020. due to the increased demand from the sports industry and technological improvements Over the next eight years, the increasing use of cooling fabrics cooling in the military and industrial sectors is expected to drive the market expansion. The company’s rise may also be due to extensive research and development efforts to create high-tech cooling garments that not only provide comfort, but also help save energy. Consumer trend towards fitness and health consciousness combined with government support is expected to drive the market growth in Asia Pacific.
The Global Cooling Tissue Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, YOY Growth, CAGR – US & Canada
Latin America Market size, share, trends, opportunities, annual growth, CAGR – Mexico, Argentina, Brazil and rest of Latin America
European Market Size, Share, Trends, Opportunities, YOY Growth, CAGR – UK, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Market Size, Share, Trends, Opportunities, YoY Growth, CAGR of Asia-Pacific Market – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East & Africa Market Size, Share, Trends, Opportunities, YoY Growth, CAGR – North Africa, Israel, GCC, South Africa & Rest of MENA
The Global Cooling Fabrics Market report also contains analysis on:
Cooling tissue segments:
Way of life
Cooling Tissue Dynamics
Size of cooling fabrics
Offer and demand
Competition and companies involved in the market
Market value chain
Market drivers and restraints
Scope and segmentation of the Cooling Tissues Market report
Frequently Asked Questions
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