Asia Pacific Rainwear Market Size, Share & Industry Trends Analysis Report By Material, By Product Type (Jacket, Suits, Pants and Others), By Distribution Channel, By End User, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Rainwear Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
Raincoats are available in a variety of patterns and designs that make the wearer fashionable even on wet days. There are numerous varieties, including trench coats. Trench Coats are typically leather-made raincoats that were first used by army commanders during the First World War. However, it is now a fashion trend because many individuals deemed it stylish and elegant. This renders raincoats not only rain suits but also fashion dresses. There are numerous internet retailers that carry a range of raincoats today.
The products available are created from water-repellent fabrics of high quality. Customers can definitely find one that offers waterproof protection. Another fantastic quality of modern raincoats is their style and design. They are well-designed to complement the contemporary fashion trend. When people wear a raincoat, they would not have to worry about becoming out of style. It can even enhance the appearance and charm.
It is estimated that the demand for personal protective equipment would increase as a result of global climate change. The expansion of outdoor activities and the demand for protective gear during the monsoon are the primary forces driving the worldwide rainwear market. The development of products that are water-resistant, breathable, and waterproof is anticipated to enhance the demand for rainwear, hence expanding the market for rainwear technologies and vendors. Since more people are utilizing smartphones and other electronic devices, it is anticipated that online demand for rainwear would expand dramatically. This is because online shopping provides clients with numerous options and ease.
The rainwear market in the region is estimated to boost substantially as a result of the rapidly increasing urbanization in the Asia Pacific region, which is enabling regional people to adopt new and advanced tools and technologies. This is due to the huge population in the region, as well as changes in climate, unseasonal weather patterns, and heavy rainfall. Moreover, people throughout the region are also demonstrating higher demand for fashionable rainwear. The rapid rise in the millennial population in the Asia Pacific region would also bolster the demand for rainwear across the region. Hence, these factors are stimulating the growth of the regional rainwear market.
The China market dominated the Asia Pacific Rainwear Market by Country in 2021; thereby, achieving a market value of $122.5 million by 2028. The Japan market is registering a CAGR of 5.7% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7% during (2022 - 2028).
Based on Material, the market is segmented into Polyester, Nylon, Vinyl, and Others. Based on Product Type, the market is segmented into Jacket, Suits, Pants and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on End User, the market is segmented into Men, Women, and Kids. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Rainwear Market is Projected to reach USD 1.5 Billion by 2028, at a CAGR of 5.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Patagonia, Inc., Columbia Sportswear Company, The North Face (VF Outdoor LLC), Wildcraft India Private Limited, NZ Seasonalwear Pvt Ltd., Fox Umbrellas Ltd., Black Diamond Equipment, Ltd., Svenska Regn AB (Stutterheim) and Ducktail Rainwear
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Distribution Channel
By End User
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Patagonia, Inc.
- Columbia Sportswear Company
- The North Face (VF Outdoor LLC)
- Wildcraft India Private Limited
- NZ Seasonalwear Pvt Ltd.
- Fox Umbrellas Ltd.
- Black Diamond Equipment, Ltd.
- Svenska Regn AB (Stutterheim)
- Ducktail Rainwear
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