Global Phase-Change-Material Cooling Vest Market Poised for Strong Growth Through 2032

The global Phase-Change-Material Cooling Vest market is experiencing remarkable momentum as consumers and industries prioritize personal cooling solutions amid rising global temperatures and expanding outdoor workforces. According to the latest Market Intelo analysis, the market reached USD 289.4 million in 2023 and is projected to hit USD 564.7 million by 2032, registering an impressive CAGR of 7.6% during the forecast period. This growth is driven by increased awareness of heat-related health risks, advancements in phase-change materials (PCMs), and a surge in industrial and recreational usage worldwide.

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Phase-Change-Material Cooling Vest Market Research Report 2033
marketintelo.com

Phase-Change-Material Cooling Vest Market Research Report 2033

As per our latest market intelligence, the Global Phase-Change-Material Cooling Vest market size was valued at $412 million in 2024, and is forecasted to hit $1.07 billion by 2033, growing at a robust CAGR of 11.1%.