Waterproof Breathable Textiles Market Expected To Witness A Substantial Growth Of $2.7 Billion By 2027: Grand View Research Inc.

 


The global waterproof breathable textiles market size is expected to reach USD 2.7 billion by 2027, expanding at a revenue-based CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing demand for comfortable and high-performance apparel that provides protection from environmental factors such as wind and rain is expected to propel market growth over the forecast period.

The shortage in supply of raw materials from Chinese manufacturers has resulted in a severe demand-supply gap. The manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdown amid COVID-19. However, the producers are expected to move away from China aiming to reduce the future risks that would affect the business and to reduce the manufacturers' cluster in a single country in order to smoothen the supply chain. The report will account for Covid19 as a key market contributor.

Waterproof breathable textiles are lightweight, durable, and easy to dry and care, which makes them ideal for outdoor activities. Increasing participation in activities such as camping, fishing, hiking, hunting, kayaking, and boating is expected to propel the demand for protective clothing and accessories such as raincoats, windbreakers, tents, footwear, thereby impacting the industry positively.

Technological advancements in the textile industry to produce apparel using biomimetic and smart breathable fabrics are expected to contribute to market growth. Additionally, the technological advancements in the areas of cost-effective manufacturing of waterproof breathable textiles are expected to boost the demand for these products.

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Major industry participants are making considerable investments in the development of eco-friendly products to cater to the rising preference for sustainable apparel. Furthermore, rapid changes in consumer preferences in terms of fashion trends are nudging the manufacturers to strengthen their merchandising capabilities.

Further key findings from the report suggest:

  • In 2020, the polyurethane segment accounted for 41.3% of the market in terms of volume, on account of its durability, versatility, and low-cost properties, which makes it suitable for manufacturing cost-effective waterproof breathable textiles
  • The general clothing and accessories segment is projected to witness a revenue-based CAGR of 5.5% over the forecast period owing to rising demand for the clothing products with lightweight, high strength, waterproof, and insulating properties
  • The membranes segment held a 74.1% share of fabric segment in terms of volume in 2020, on account of its superior vapor permeability and waterproofing properties thereby making it suitable for application in manufacturing of lightweight waterproof apparels
  • Burgeoning consumption for the sports apparels coupled with anticipated rise in demand for winterwear and protective footwear are expected to propel the growth of the market in U.S. at a CAGR of 6.6% over the forecast period
  • Considerable improvements in the production technologies such as production of extremely thin membranes, membrane incorporation method, and coating techniques are having a significant impact on waterproof breathable textiles market growth
  • Leading manufacturers are collaborating with specialists in the fields of biochemistry, chemistry, material research, and graphic design to improve the properties and functionalities of the products.

The global waterproof breathable textiles market size was estimated at USD 1.7 billion in 2020 and is expected to register a revenue-based CAGR of 5.7% over the forecast period. Rising product adoption in the sports apparel manufacturing industry owing to its lightweight, and durable properties are expected to positively impact market growth.

Growing awareness regarding fitness is favorably impacting the sports apparel industry, thereby boosting the demand for waterproof breathable textiles (WBT). Growing popularity of outdoor sports along with an increasing preference for comfortable and stylish sportswear and weather protection apparels are expected to positively influence the market.

The polyurethane segment emerged as the leader in the U.S. market for WBT on account of its low-cost and excellent breathability and waterproof properties. The ePTFE segment also held a significant market share owing to its wide ranging utilization in the footwear and clothing industry for making highly comfortable and flexible waterproof shoes and apparel.

Waterproof breathable textiles are witnessing a growing utilization in the manufacturing and design of uniforms and protective gear for military and law enforcement agencies. WBT exhibit a superior permeability to perspiration vapors and prevent rain and snow from getting in. Additionally, waterproof breathable textiles are extremely lightweight as compared to the traditional alternatives, thereby considerably reducing the weight of the uniform.

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There has been a considerable increase in demand for environmentally sustainable apparel. As a consequence, leading industry players are progressively launching the bio-based waterproof breathable textiles. Apart from being eco-friendly, these products provide superior comfort as compared to their petroleum based alternatives.

The market for waterproof breathable textiles is characterized by certain risks as it involves companies to anticipate consumer preferences. Decisions regarding product designs are often made before consumer acceptance. Manufacturers also face issues pertaining to inventory management as a result of seasonal variations in demand. Therefore, any failure to anticipate or respond to consumer preferences may have an adverse impact on product demand.

Grand View Research has segmented the global waterproof breathable textiles market on the basis of raw material, fabric, application:

Waterproof Breathable Textiles Raw Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

·         ePTFE

·         Polyurethane

·         Polyester

·         Others

Waterproof Breathable Textiles FabricOutlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

·         Densely Woven

·         Membrane

·         Coated

Waterproof Breathable Textiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

·         General Clothing & Accessories

·         Sports Goods

·         Protective Clothing

·         Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

 

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