The Europe Cooling Fabrics Market would witness market growth of 16.9% CAGR during the forecast period (2020-2026).
As the product is emerging as an intelligent & innovative fabric for garments, the demand for the product is witnessing a massive growth. This fabric also aids in maintaining the wearer’s body cool, offers safety against heat stress, and evaporates sweat. During the forecast years, the demand for cooling fabrics is set to increase due to the increasing preferences for cooling fabrics, based on their inherent & unique benefits.
Moreover, the growth of the market is expected to be boosted by primary properties of cooling fabrics like wrinkle-free texture, temperature regulation, quick-drying, & moisture-wicking. Leading players of the industry are consistently working towards technological development with an aim to design & create quality products & improve efficiency. Further, the market would witness various growth avenues due to the rising utilization of cooling garments for sports & fitness activities.
Cooling fabrics are associated with high costs, which make them expensive for most of the middle-class section. Comprehensive R&D combined with utilization of lavish materials, like nanomaterials and nanoporous polyethylene, in order to design cooling garments. Moreover, a lack of awareness among the consumers with respect to the cooling fabrics would also hamper the market growth. Further, makers must comply with various regulations & norms formulated by regulatory bodies in different countries.
The Synthetic market dominated the Spain Cooling Fabrics Market by Type in 2019, thereby, achieving a market value of $46.8 million by 2026. The Natural market is expected to witness a CAGR of 18.3% during (2020 - 2026).
Based on Application, the market is segmented into Sports Apparel, Protective Wear, Lifestyle and Other Applications. Based on Type, the market is segmented into Synthetic and Natural. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kraton Corporation, Ahlstrom-Munksjo Oyj, Asahi Kasei Corporation, Formosa Taffeta Co. Ltd., HexArmor, Tex-Ray Industrial Co., Ltd., Nilit Ltd., Koch Industries, Inc. (Invista BV), Coolcore LLC, and Milliken & Company
Scope of the Study
Market Segments covered in the Report:
- Sports Apparel
- Protective Wear
- Other Applications
- Rest of Europe
- Kraton Corporation
- Ahlstrom-Munksjo Oyj
- Asahi Kasei Corporation
- Formosa Taffeta Co. Ltd.
- Tex-Ray Industrial Co., Ltd.
- Nilit Ltd.
- Koch Industries, Inc. (Invista BV)
- Coolcore LLC
- Milliken & Company
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