Rainwear Market Share Report With Major Impacting Factors And Investment Study
Market Scope
The Rainwear Market Share 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 industry 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 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.
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 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 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 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 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 Share, 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, 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.
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.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013,
United States of America
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