IMARC Group, a leading market research company, has recently releases report titled, “Rainwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global rainwear market growth, size, share, trends forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the rainwear market?
The global rainwear market size reached US$ 3.67 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.04 Billion by 2028, exhibiting a growth rate (CAGR) of 5.12% during 2023-2028.
What is rainwear?
Rainwear is clothing designed to protect individuals from weather conditions like rain or snow. Some commonly used rainwear includes jackets, pants, boots, and suits. It is manufactured from waterproof and water-resistant materials, such as nylon, polyester, and gore-tex, to prevent water penetration and keep the wearer dry. It is widely available in various designs, sizes, and patterns for men, women, and children. It is extensively used in areas prone to natural disasters like hurricanes and floods. At present, rainwear manufacturers are introducing eco-friendly and plant-based product variants made from recycled and biodegradable materials to attract a broader range of consumers across the globe.
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What are the growth prospects and trends in the rainwear industry?
The global rainwear market is primarily driven by the increasing usage of rainwear in regions with high rainfall and snowfall to keep individuals dry during wet weather conditions. Moreover, the emerging trend of people engaging in outdoor and recreational activities such as hiking, trekking, mountaineering, and camping during changing climatic conditions has augmented product demand. Additionally, the introduction of disposable rainwear by key players for short-term use as a cost-effective solution with innovative designs and colors to expand their product portfolio has catalyzed market growth. Furthermore, the rising number of commuters who travel to work by foot, bike, or public transportation during seasonal changes is contributing to the market growth. Other factors, including significant expansion in the e-commerce industry, inflating consumer disposable incomes, and rapid urbanization, are also anticipated to propel the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Product Type Insights:
Jacket
Suits
Pants
Others
Material Insights:
Polyester Fabric
Nylon
Vinyl
Others
End User Insights:
Men
Women
Kids
Distribution Channel Insights:
Online
Offline
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Arc’teryx (Anta Sports Products Limited)
Black Diamond Equipment
Carhartt Inc.
Columbia Sportswear Company
Ducktail Raincoats
Fjällräven International AB
Fox Umbrellas Ltd.
Helly Hansen AS
Patagonia Inc (Patagonia Works)
Prince Rainwear Pvt. Ltd.
The North Face (VF Corporation)
Wildcraft, etc.
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