June 02, 2021
As cited by the research report titled ‘Global Waterproof Breathable Textiles Market Size study, by Raw Material (EPTFE and Polyurethane), Textile (Densely woven, Membrane and Coated), by Product (Garments, Footwear and Gloves), by Application (General clothing & accessories, Sports goods, Protective clothing and Other application) and Regional Forecasts 2020-2027’, available with Market Study Report, global waterproof breathable textiles market was worth USD 1.75 billion in 2019 and is projected to grow with a CAGR of 5.53% over 2020-2027 to be appraised at USD 2.7 billion by the end of study duration.
Rising product demand for amusement and sports activities, along with increasing focus of clients towards ecofriendly products are the primary factors driving the growth of global waterproof breathable textiles market.
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As per Statista, sales of sportwear surpassed USD 40 billion in 2019. Nike, the American multinational sports brand crossed USD 36.8 billion in 2019. Also, as stated in the annual reports of Adidas and Nike, they topped in their sphere with sales of USD 12.7 billion and USD 22.2 billion in 2018.
For the record, waterproof breathable textiles are used in manufacturing climate proof clothes that prevent passage of heat and water from the fabric. Consumer preference for sportswear which are minimize odor and bacteria resistance is augmenting the market outlook.
However, constantly changing demand and shifting fashion trends are the factors poised to impede the growth of global waterproof breathable textiles market over the forecast duration.
Based on raw material, the industry is segmented into polyurethane and EPTFE. On the basis of textile, the marketplace is divided into coated, membrane, and densely woven. Speaking of product range, worldwide waterproof breathable textiles industry space is classified into garments, gloves, and footwear. While various application areas include general clothing & accessories, protective clothing, and sports goods including others.
Geographically, Asia Pacific, Europe, North America, and Latin America are the key contributors to worldwide tire testing machine industry valuation. Of these, Asia-Pacific is projected to be a major growth hub for the market over 2020-2027, owing to increasing health awareness resulting in rising demand for waterproof breathable sportswear.
Whereas, North America market is likely to witness lucrative growth trends over the forecast duration, on account of rapid expansion of medical sector across the region.
Leading players in global breathable textiles market include Mitsui & Co. Ltd., Marmot Mountain LLC., Lowe Alpine, JACK WOLFSKIN Retail GmbH., Huntsman Textile Effects, Helly Hansen, HeiQ Materials AG, General Electric Company, Columbia Sportswear Company, and Clariant AG.