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 breathabl...