North America Cooling Fabrics Market By Application (Sports Apparel, Protective Wear, Lifestyle and Other Applications), By Type (Synthetic and Natural), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Market Report Description
The North America Cooling Fabrics Market would witness market growth of 16.5% CAGR during the forecast period (2020-2026). Cooling fabrics are prepared from both natural & synthetic materials.
Cooling fabric is the latest & innovative product that gives warmth, cooling, & a skin-like soft texture. By using cooling fabrics, customers feel comfortable because this material aids in evaporating sweat & blocks the fabric from sticking to the body. Regulated evaporation & circulation of moisture are the main advantages of cooling fabrics. These fabrics are different from other textiles utilized for thermoregulation.
Major drivers for the cooling fabrics market are the increasing awareness in terms of cooling fabrics among the consumers & the rapid technological developments. In addition, the cooling fabrics market would be driven by many factors such as the shifting consumer lifestyles & preferences combined with the rising R&D activities. The market would witness attractive growth opportunities due to the increasing focus on sports, fitness, & leisure activities along with the rising health awareness among the population across the globe. Cooling garments provide infinite advantages like breathability, moisture-wicking, sweat evaporation, & ventilation, and due to these advantages, athletes increasingly prefer these garments.
The cooling fabrics find potential demands from in military & industrial applications due to their advantages like resistance from negative UV rays & pollutants, temperature regulation, and the safety they give to the wearer during exposure to extreme heat. The growth of the market is propelled by the increasing demand for such fabric from the healthcare & fashion industries.
The US market dominated the North America Lifestyle Market by Country in 2019, and would continue to be a dominant market till 2026. The Canada market is experiencing a CAGR of 20.7% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 19.7% 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 U.S., Mexico, Canada, and Rest of North America.
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 North America
Key Market Players
List of Companies Profiled in the Report:
- 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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