Waterproof Breathable Textiles Market with Report In Depth Industry Analysis on Trends, Growth, Opportunities and Forecast till 2024

Global Market Insights, Inc. present the report on global Waterproof Breathable Textiles (WBT) Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023.

Waterproof breathable textile market landscape is highly competitive and consolidated. Key industry players partaking in WBT market include Columbia Sportswear, Mitsui & Co., Nike, Toray Industries, Covestro and General Electric. The industry participants are majorly involved in expanding the production capacity to fulfil the growing consumer demand. R&D, product innovation and capacity expansion are other prominent growth tactics underlining the strategic landscape of WBT market.

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Due to durability and water-repellant properties of waterproof breathable textiles, the product is witnessing rapid proliferation in outdoor sports equipment such as tents, rucksacks & other fabric-based accessories. Moreover, rising demand for functional fabric clothes in sports industry is further anticipated to boost waterproof breathable textiles market size.

Growing concerns for maintaining physical health and the corresponding involvement in physical activities such as skiing, climbing, hiking and other activities have driven the industry players to invest heavily into manufacturing functional fabrics. These fabrics provide protection from environmental impacts such as wind & rain.

Furthermore, rise in consumer spending on comfortable and high-quality fabrics for performing sports and indulging in other physical activity will supplement waterproof breathable textiles business outlook. In terms of revenue, waterproof breathable textiles market share is forecast to exceed $2.5 billion by 2025.

In terms of raw materials, waterproof breathable textiles market from polyester segment is expected to garner substantial returns at a CAGR of over 6% over 2019-2025. The growth can be primarily attributed to durability and absorbency properties of the fiber which makes it extremely useful for withstanding adverse weather conditions.

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The product finds extensive utilization in the textile industry owing to its versatility, recyclability and physical properties. Factors such as low production cost and growing utilization of polyester fiber in textile industry is estimated to foster waterproof breathable textiles market size over the forthcoming years

The global WBT market derives considerable gains from the rising adoption in sports industry. In 2018, waterproof breathable textiles market share from active sportswear application was valued more than USD 700 million. The demand is majorly driven by the rising concerns towards a healthy lifestyle coupled with increasing involvement of young and middle-aged population in various sports activities. WBT reportedly ensures better ventilation and comfort in severe weather conditions, even in heavy rain and snow making them well suited for sports industry.

Speaking of the regional landscape, U.S. waterproof breathable garments market is slated to procure a considerable share of the global landscape with an estimated CAGR of over 6% over 2019-2025. Growing penetration of e-commerce industry and demand for fashionable active sportswear across the region is projected to supplement the industry growth.

Moreover, rising investments towards advancements in textile production to design flexible and breathable fabrics will further reinforce U.S. waterproof breathable garments market share. Increasing awareness among populace to maintain a healthy lifestyle and shifting trends towards outdoor sports are other factors fueling the product penetration.

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Technological advancements in textile manufacturing coupled with growing demand for high performance comfortable fabric is expected to drive waterproof breathable textiles market trends. Growing adventure-seeking consumer base has propelled the demand for fibers that efficiently manage moisture absorption as well as repel dirt and sweat stains.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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