Rainwear Market Scope

According to the research reports by MRFR, the global rainwear market is estimated to attain a size of over USD 1828.0 million by the end of 2030. Furthermore, the market is predicted to thrive at a healthy CAGR of 6.2% during the review timeframe.

Rainwear refers to a waterproof garment that keeps the clothes and body dry in the rain. Raincoats and jackets are some of popular examples of rainwear products. A raincoat's ability to keep you and the clothes dry changes the material used in the making and the garment's design. They are affordable, thus causing an increase in the demand for these products. The global rainwear market has registered rapid growth in the last few years. The growth of the market is mainly attributed to the increase in demand and population across the globe.

Market Boosters and Barriers

The rainwear market industry witness’s strong growth worldwide, as people are increasingly participating in a variety of outdoor recreational and competitive activities such as cycling, running, ski diving, swimming, fishing, and hunting. Dramatic rise in sports and leisure activities across Europe, Asia Pacific, and North America will have a positive impact on the worldwide market in the next several years.

A mounting number of companies are integrating new and enhanced features in their apparels, such as temperature regulation, moisture-wicking, wrinkle-free texture, and quick-drying properties that should drive their demand even more among the consumers. Most of the companies are focusing on technological innovations to develop high quality apparels with impressive efficiency.

𝐓𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐢𝐬 𝐏𝐫𝐢𝐜𝐞𝐝 𝐚𝐭 $𝟒𝟗𝟓𝟎 (𝐒𝐢𝐧𝐠𝐥𝐞 𝐔𝐬𝐞𝐫) - 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐓𝐨 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.marketresearchfuture.com/sample_request/10773

Segmental Analysis 

The rainwear product types are rain pants, rain suits, rain jackets, and more. The highest position has been claimed by the rain jacket segment in the market and the segment could expect to soar at a healthy rate over the evaluation period. The surging demand for rain jackets could be due to their affordability and higher preference among bike riders.

Depending on the material, the global market can be segregated into vinyl, polyester, nylon, and others. The polyester segment presides over the market and will thrive at a decent rate between 2021 and 2030. Polyester fabric is stain-resistant, strong, mildew-resistant, as well as wind-resistant. Polyester's surface is extremely water-repellent, which makes it easier to wipe the stains and mud from the fabric. These properties are likely to raise the demand for polyester material in the next couple of years.

Top distribution channels are offline as well as online. The online distribution channel records the top spot in the market and can project significant growth through the analysis period. The extensive surge in mobile shopping and the evolving shopping pattern of consumers ensure that the online medium will see better growth than its counterpart.

The key industry end users are women, kids, and men. The men segment grabs the highest share in the worldwide market.

Regional Outlook

North America is the biggest revenue pocket in the global market, strongly influenced by the high adoption rate of modern technologies during manufacturing and the presence of major end-users. Soaring demand for rainwear in line with the growth of the textiles sector combined with frequent technological advances to develop new and better products with improved features will further benefit the North American industry.

Europe remains a highly profitable market for rainwear, thanks to the rising introduction of breathable apparel by major brands, and the significant per capita expenditure of consumers on clothes. Evolving consumer tastes and surging preference for functional rainwear clothing, the presence of countries experiencing rainy seasons, and intensive research and development activities carried out by manufacturers to design high-tech apparel foster considerable market growth in the region.

Asia Pacific should procure the fastest growth rate, benefitting majorly from the thriving textile industry across various countries. The market growth in India, Thailand, and China, is quite promising, thanks to the rising number of global players gaining entry and shifting their production sites in these countries. Strong government support also adds to the market value in the region.

Renowned Companies

Mackintosh (UK), Columbia Sportswear Company (US), under armou (US), Burberry (UK), Timberland (US), Prada (Italy), Arc'teryx (Canada), Fjallraven (Sweden), Stutterheim (Sweden), Rains (Denmark), Patagonia (US), Black Diamond Equipment (US), Fox Umbrellas Ltd. (UK), Carhartt (US), The North Face (US), Helly Hansen (Norway), Ducktail (Lithuania) are the major rainwear developers in the market.

Latest News

October 2021

Arket revealed its first-ever rainwear range in collaboration with Tretorn, the Swedish rainwear expert, for the autumn/winter of 2021. The capsule Tretorn and Arket series of water-resistant garments as well as accessories, reimagines coats for men, children, and women taking inspiration from vintage fishermen’s robust raincoats and parkas found generally in the Swedish countryside. The rainwear collection comprises rain guards and fold-ups that prevent the rainwater from the body, along with warming fleece-lined pockets as well as welded seams, which makes the collection perfect for extreme weather conditions.

Read More: https://www.marketresearchfuture.com/reports/rainwear-market-10773

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