Rainwear Market Outlook on Key Growth Trends, Factors 2027

Technology

Rainwear Market: Waterproof or water-resistant clothes suitable for wearing in the rain

Rainwear is waterproof or water-resistant clothes worn to protect the body from rain. They are designed from fabric which repels the water and protects the user from changing weather in seasonal rains. They are also termed as raincoat, slicker, and trench coat.
Rainwear is used during mountaineering, hiking, camping, biking, and used as a cover shield while going out during heavy rainfall.

Rise in Working Professionals to Drive the Global Rainwear Market

The working class population majorly demands rainwear as they need to go outdoors for their professional work.
Rainwear is an essential accessory during the rainy season. Moreover, the rising disposable income has increased the purchasing power of end-users. Consumers are considerably spending on the purchase of outdoor apparel which includes rainwear to improve their outdoor experiences during the monsoon. Affordability is another major factor which is expected to positively affect the global rainwear market.
Rainwear is also required during tours and trips to hill stations or while going on an excursion. The growing trend of outdoor recreational activities is likely to boost the rainwear market.

Availability of Low-cost Substitutes to Hamper the Global Rainwear Market

Low-cost alternatives to rainwear such as umbrellas and hands-free foldable umbrella hats are used by end-users during the monsoon season.
Local manufacturers are manufacturing rainwear products at low-cost which can impact the sales of major players in the rainwear market. The market is highly fragmented due to the presence of local manufacturers as well as major players.
Growing environmental concern is the other restricting factor for the growth of the rainwear market. Rainwear is made of plastic which cannot decompose easily and is a pollutant for the environment.

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Asia Pacific to Lead the Global Market for Rainwear

Geographically, the global rainwear market can be divided into five regions: Asia Pacific (APAC), North America (NA), Europe (EU), Middle East & Africa (MEA), and South America (SA).
North America further includes country-level analysis for Canada, the U.S., and Rest of North America. Analysis and forecast of the rainwear market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the rainwear market analysis and insights for South Africa, GCC countries, and Rest of Middle East & Africa. The South America rainwear market is segmented into Brazil, and Rest of South America.
Asia Pacific dominates the market share due to heaviest rainfall in the region across the globe.
However, the market in North America is anticipated to expand at the fastest CAGR during the forecast period. Rising demand for outdoor apparel products is projected to drive product innovation and launches in the region.

Key Manufacturers Operating in the Market

The global rainwear market was highly fragmented in 2018. Key manufacturers operating in the global market are listed below:

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Submitted 5 years 3 months ago by tmrresearch.