Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,800 million | USD 7,300 million | 11.23% | 2023 |
FrequentlyAsked Questions
Rainwear is clothing that protects the wearer as well as their clothes from rain and mud.
The global rainwear market growth over forecast period can be owing to a prominent increase in the recreation activities such as running, jogging, hiking, and camping.
According to a study, the global rainwear industry size was $2,800 million in 2023 and is projected to reach $7,300 million by the end of 2032.
The global rainwear market is anticipated to record a CAGR of nearly 11.23% from 2024 to 2032.
The Asia-Pacific rainwear industry is set to register the fastest CAGR over the forecasting timeline owing a massive increment in the working populace in the countries such as India and China. An increase in participation in the outdoor activities in the Asian countries will further steer the industry expansion in the region. Presence of key manufacturers in these countries will steer the industry expansion in the region.
The global rainwear market is led by players such as Stutterheim, Patagonia, Inc., Arc’teryx (Amer Sports Corporation), NZ Seasonalwear Pvt Ltd, Columbia Sportswear Company, Marmot Mountain, LLC, The North Face (VF Outdoor LLC), Wildcraft India Private Limited, Ducktail Rainwear, and Outdoor Research
The global rainwear market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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