The global rainwear market size was US$ 1061.1 million in 2021. The global rainwear market is projected to grow to US$ 1821.9 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.
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Rainwear is a waterproof garment that prevents the clothes and body from raining. Rainwear includes raincoats and jackets.
Due to the COVID-19 pandemic, the global rainwear market recorded a sharp decline as the majority of the population stayed in their homes. As a result of fewer travel activities, the demand for rainwear reduced dramatically. Further, the new travel and gathering restrictions imposed by governments forced various brands and retailers to cancel orders, which, in turn, challenged the global rainwear market. Factories also suspended production activities, which resulted in a shortage of products. However, the doctors wore raincoats and helmets to prevent the risk of virus amid the PPE kit shortage. For instance, the doctors of India wore helmets and rainwear due to the scarcity of PPE kits. As a result, it has positively affected the global rainwear market in a short term.
The growing involvement of youth in recreational activities will drive the growth of the rainwear market during the analysis period. Sports and leisure activities can foster a sense of community that improves the lives of all its members. Recreational activities have numerous advantages, such as enhancing health and wellbeing, empowering people, and fostering inclusive communities. Moreover, the growing interest of youth in camping, motorcycling, and mountaineering, even in challenging weather, will upsurge the demand for the rainwear market during the analysis period.
The steadily enhancing rainwear designs are projected to bring lucrative growth opportunities for the market. On the flip side, growing environmental awareness may limit the adoption of rainwear in the coming years.
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North America held the largest share in the global rainwear market and is projected to continue to dominate even in the coming years. The growth of the market is attributed to the rapidly rising textile industry. Further, the growing demand for designer rainwear is forecasted to contribute to the market growth. Other factors like the growing influence of recreational activities will be the major driver of the global rainwear market during the analysis period. The Asia-Pacific rainwear market is projected to record potential growth due to the growing contribution of countries like China, Japan, and India. Additionally, rising per capita disposable income coupled with the growing population will fuel the growth of the Asia-Pacific rainwear market during the analysis period.
Stutterheim (Sweden) Columbia Sportswear Company (US) Ducktail (Lithuania) under armou (US) Helly Hansen (Norway) Rains (Denmark), Burberry (UK) Timberland (US) Prada (Italy) Arc’teryx (Canada) Mackintosh (UK) Fjallraven (Sweden) Carhartt (US) The North Face (US) Patagonia (US) Black Diamond Equipment (US) Fox Umbrellas Ltd. (UK) Other Prominent Players
The global rainwear market segmentation focuses on Product, Material, Distribution Channel, End-User, and Region.
Global Rainwear Market, by Product Type Rain Jacket Rain Suit Rain Pant Others
Global Rainwear Market, by Material Polyester Nylon Vinyl Others
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Global Rainwear Market, by Distribution Channel Online Offline
Global Rainwear Market, by End User Men Women Kids
Global Rainwear Market, by Region North America The U.S. Canada Mexico Europe Western Europe The UK Germany France Italy Spain Rest of Western Europe Eastern Europe Poland Russia Rest of Eastern Europe Asia Pacific China India Japan Australia & New Zealand ASEAN Rest of Asia Pacific Middle East & Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Brazil Argentina Rest of South America
Key questions answered in the global chemical market report are:
— How does a global company acquire markets? — What are its core strategies and policies? — What factors will influence the chemical market over the forecast period? — What are the factors driving and restraining the market for chemicals? — What are the leading competitors in the global market? — Which region is growing at a higher pace in the global market?
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