Press release
Rainwear Market Size, Share, Trends, Growth and Forecast 2023-2028
Rainwear Market Report 2023-2028
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?
Clothing called rainwear is made to shield wearers from elements like snow and rain. Jackets, trousers, boots and suits are a few examples of rain gear that is frequently worn. To stop water from penetrating and keep the user dry, it is made of waterproof and water-resistant fabrics including nylon, polyester, and gore-tex. 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 growing need for rainwear to keep people dry during wet weather conditions in areas with heavy rainfall and snowfall is the main factor driving the global market for rainwear. Additionally, the growing tendency of individuals participating in outdoor activities like hiking, trekking, mountaineering, and camping while the weather is changing has increased 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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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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