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Tuesday 30 May 2023

Waterproof Breathable Textiles Market Worth $2,859.3 Million By 2030

 

Waterproof Breathable Textiles Market Growth & Trends

The global waterproof breathable textiles market size is expected to reach USD 2,859.3 million by 2030, 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.

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.

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.

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Waterproof Breathable Textiles Market Report

Waterproof Breathable Textiles Market Report Highlights

  • In 2022, the polyurethane segment accounted for a revenue of USD 717.6 million 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 membrane segment accounted for revenue of USD 1,363.9 million in 2022, 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.