Report Ocean introduces a fresh report examining the Global Rainwear Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Global Rainwear Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
Global Rainwear Market is valued approximately USD 3663.22 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2029. The market is primarily driven by the developing fashion trend of rainwear as well as the rising popularity of rainwear among working populations worldwide. The relevance of rainwear as a fashion statement has increased, especially among millennials. Color-blocked street fashion trends are taking over and growing the industry. Due to their innovative designs, translucent lace raincoats and water-repellent trench coats are becoming more and more popular. As a result, it is anticipated that the market would expand significantly during the following years. However, high cost of rainwear may halt market growth.
Request to Download Free Sample Copy of ‘Global Rainwear Market’ Report: –https://reportocean.us/sample-request/report_id/bzwt2310
Over the projected period, the popularity of outdoor leisure activities including hiking, camping, and running will also contribute to an increase in the demand for rainwear. According to the 2021 Outdoor Participation Trends study, in 2020, 53% of Americans aged 6 and older participated in outdoor recreation at least once, the highest participation percentage ever. Americans aged 6 and over engaged in at least one outdoor activity in 2020, totaling 160.7 million. In comparison to 2019, around 7.1 million more Americans enjoyed outdoor activities in 2020. Furthermore, according to the ISPO survey on outdoor consumers in 2021, throughout Europe, 81% of people participated in outdoor activities in year 2020. As a result, rising outdoor activities among various region is fostering the market growth. In addition, increase in usage coupled with rise in population is creating a lucrative growth to the market. However, advent of counterfeit brands stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Rainwear Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the presence of large working population, growing participation in outdoor activities. Whereas North America is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising outdoor creativities.
Major market players included in this report are:
Patagonia, Inc.
Columbia Sportswear Company
The North Face (VF Outdoor LLC)
Wildcraft India Private Limited
NZ Seasonalwear Pvt Ltd
Stutterheim
Ducktail Rainwear
Marmot Mountain, LLC
Arc’teryx(Amer Sports Corporation)
Outdoor Research
Recent Developments in the Market:
- In March 2021, North Face re-released The Apex Flex and Dryzzle waterproof jackets. The adjustable hood, Velcro cuff tabs, snap-locking storm flap, and other features of the North Face Dryzzle are all intended to trap body heat while acting as a reliable wind and rain barrier. New colours for both men and women have been added to the Apex Flex.
- In January 2022, Stutterheim and Ghostly International entered a cooperation. Under these, the company would develop raincoats. The unisex coat gives Stutterheim’s light raincoat, which is perfect for warmer weather and transitional seasons, a Ghostly twist. It would have two front pockets, silver snap buttons, a black cotton drawstring, and be available in a limited quantity.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Product:
Jackets
Pants
Suits
By End User:
Men
Women
Kids
By distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Reasons to Consider Purchasing the Rainwear Market Report:
Comprehensive Market Insights: Delve into the depths of the Rainwear Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Rainwear market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Rainwear market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Rainwear market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.