Rainwear Market Overview and Top Companies, Forecast 2030
Rainwear Market Scope
The rainwear market shall be touching
around USD 1828.0 million by 2030, reveals Market Research Future (MRFR). The
estimated growth rate will be close to 6.2% between 2021 and 2030, indicating
substantial progress for the rainwear market.
Market Boosters and Barriers
The rainwear market witnesses 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 rainwear
market size 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 apparel
with impressive efficiency.
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.
Segmental Analysis
The rainwear product types are rain pant,
rain suit, rain jacket, and more. The highest position has been claimed by the
rain jacket segment in the rainwear
market overview 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 material, the global rainwear 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.
The 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 all through the analysis period.
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 rainwear 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 rainwear
market, 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, presence of countries experiencing rainy seasons, and intensive
research and development activities carried out by manufacturers to design
high-tech apparels foster considerable market growth in the region.
Asia Pacific should procure the fastest
growth rate, benefiting 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.
Latest News
October 2021
Arket revealed its first-ever rainwear
range in collaboration with Tretorn, the Swedish rainwear expert, for
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 a 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.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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Market Research Future (part of
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