Market Size of Cooling Fabrics Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.42 Billion |
| Market Size (2029) | USD 3.43 Billion |
| CAGR (2024 - 2029) | 7.21 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cooling Fabrics Market Analysis
The Cooling Fabrics Market size is estimated at USD 2.42 billion in 2024, and is expected to reach USD 3.43 billion by 2029, growing at a CAGR of 7.21% during the forecast period (2024-2029).
The market was negatively impacted by COVID-19 in 2020, as the outbreak halted production activities and restricted the mobility of textile goods. The pandemic caused a delay in textile production due to containment measures and economic disruptions. Currently, the market has recovered from the pandemic and is growing at a significant rate. However, the market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
- Sportswear application is the largest consumer of cooling fabrics, owing to their features like thermoregulation and the comfort of the fabric. The increasing demand for cooling fabric for sportswear applications has been a driving factor for the studied market.
- The higher cost of the cooling fabric compared to traditional fabric stands as one of the major factors hindering the market growth.
- However, the increasing use of cooling fabrics in defense, healthcare, and medical sectors is expected to provide opportunities for the market to flourish.
- The North American region dominated the market worldwide, with countries like the United States and Canada being the biggest consumers.
