Rainwear Market Current Demand, Future Prospects, Top Key Investors, Latest Business News -2030
Jan 31, 2023
Rainwear Market Research Future Insights
Rainwear Market is projected to register a CAGR of 6.2% and reach a value of USD 1828.0 million by 2030.
Waterproof clothing known as rainwear keeps the person and things dry in the rain. Some of the most well-known examples of rainwear goods include jackets and coats. The fabric and style of a raincoat are altered by how well it keeps you and your belongings dry. Since they are inexpensive, there is a rise in demand for these goods. Over the past several years, the world market for rainwear has experienced remarkable expansion.
The rise in population and demand throughout the world are the primary factors contributing to the market’s growth. Additionally, throughout the anticipated period, it is anticipated that factors including changing climatic conditions, the advent of more effective rainwear, a rise in outdoor recreation lovers, and an increase in working-class populations would enhance demand for these goods. However, the key factor most likely to obstruct the market’s expansion in the next years is the rising environmental consciousness. However, the broader selection and modern advancements in rainwear design will present profitable prospects globally.
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Some of the key market players are Stutterheim, Columbia Sportswear Company, Ducktail, under armou, Helly Hansen, Rains, Burberry, Timberland, Prada, and Arc’teryx.
The Global Rainwear market has been segmented into Product Type, Material, Distribution Channel, and End-User.
Based on the Product Type, the market has been segmented into Rain Jacket, Rain Suits, and Rain Pant.
Based on the Material, the market has been segmented into PolyesterNylon, Vinyl.
Based on the Distribution Channel, the market has been segmented into Online, Offline.
Based on the End-User, the market has been segmented into Men, Women, and Kids.
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North America led the market for rainwear, and it is anticipated that it will continue to do so over the forecast period. A significant sector of the US economy that supports economic growth is the textile industry. There are now many prospects for rainwear distributors and manufacturers to grow their operations in North America due to the popularity of designer rainwear and colorful, printed variations of standard rainwear.
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