Global Waterproof Breathable Textile Market - 2020-2027
Waterproof breathable textiles are used to manufacture weather-proof garments, i.e., which prevent water and heat passage from the fabric. These textiles prevent both absorption and penetration of water, different water-repellent fabrics that only delay water penetration. These waterproof breathable textiles allow the water vapor to flow from inside the clothing to the outer atmosphere. However, these textiles are primarily aimed to prevent heat or water penetration from outside to inside the fabric.
The global waterproof breathable textile market size was worth US$ XX billion in 2019 and further predicted to reach US$ XX billion by 2027, at a CAGR of XX% during the forecast period (2020-2027).
The growth in product adoption in the sports apparel manufacturing industry due to its durable and lightweight properties is expected to impact market growth. The increasing fitness awareness is further expected to favorably impacting the sports apparel industry, thereby boosting the demand for waterproof breathable textiles worldwide. Moreover, the rising outdoor sports popularity coupled with increasing preference for stylish and comfortable sportswear and weather protection apparel are expected to drive the market's growth during the forecast period.
Material development expected to create opportunities
The membranes type of waterproof breathable textile showcase properties such as protection from UV radiation, temperature variations, and airborne pollutants. Also, the high demand for membranes type of waterproof breathable textile is expected to fuel the market in the coming years. The rise in demand for extremely comfortable and high-performance fabrics is estimated to drive the global waterproof breathable textiles market in the coming years. Simultaneously, the rising disposable income and increasing fitness awareness regarding will significantly be expected to boost the demand and sales for waterproof breathable textiles in developing countries such as China, Mexico, South Korea, and India.
The rising recycled PET bottle applications in the waterproof breathable textiles manufacturing and rapidly growing need for stain-resistant and antimicrobial fabrics can raise the demand for waterproof breathable textiles in the global market throughout the forecast period.
Rapidly growing global sportswear industry
Consumers are more conscious of their health in the current market, which has resulted in high demand of sports garments based on breathable features, from the manufacturers of waterproof breathable textiles and the cumulative growth in business expansion end user awareness. The growing sweat absorption products demand from the developing countries like China are expected to boost the demand of waterproof breathable textiles (WBT) while the US and Germany is dominating from the developed market due to the growing usage of waterproof-breathable textiles made from bio-based raw materials such as nylon, wool, silk, and others. Growth in the developed country's sports sector and rising gender-based specific games uniforms consumption, and the growing demand for tear-resistant materials are expected to boost waterproof breathable textiles worldwide near the forecast period.
COVID-19 Impact Analysis
COVID-19 pandemic has widely affected the textile industry and parallel impact the production and supply of waterproof-breathable textile across the world. It is expected that the virus has directly impacted the manufacturer's supply chain owing to the shutdown of production facilities and entire country lockdown regulations to reduce the impact of the virus on the global or domestic economy. Therefore, the manufacturers are started evaluating things to minimize the expenses to increase the production capabilities and simultaneously the company's revenue to meet the global market's updated demand.
Based on the raw material, the waterproof breathable textile market has been classified into ePTFE, polyurethane, polyester, and others.
ePTFE segment accounted for the highest market share in the global market
The ePTFE (polytetrafluoroethylene) segment is expected to account for the largest share in the global waterproof breathable textiles market in 2019 due to the growing demand for high-performance winterwear and protective apparel. Also, the ever increasing winter sports popularity such as snowboarding, ice skating, and skiing is expected to fuel the segment growth in the coming years. Moreover, the rising investments in research & development and polyurethane-based waterproofing breathable textiles production are further expected to enhance the market growth.
The polyester-based waterproof breathable textiles are expected to lead the market with the highest growth rate in the market during the forecast period. The segment's growth is primairly due to the leading focus on health and fitness coupled with the rising popularity of indoor and outdoor sports that will generate new demands for sports apparel worldwide, as consumers are also seeking good quality at reasonable prices.
Based on the application, the waterproof breathable textile market has been classified into general clothing & accessories, sports goods, protective clothing, and others.
Sports goods segment dominated the global waterproof breathable textile market in 2019
The sports goods segment is estimated to lead the global waterproof breathable textile market in 2019 and is further estimated to grow significantly during the forecast period. The segment growth is primarily driven by increasing fitness activities awareness such as aerobics, biking, and yoga. Also, the increasing women participation in fitness and sports activities is employing a substantial impact on the demand for sportswear and waterproof breathable textile demand.
Although, the protective clothing segment is expected to witness the highest CAGR in terms of revenue over the forecast period owing to the rising focus on industrial safety products, which further pushing the protective apparel demand, including industrial coats and gowns, boots, masks, shoes, and coveralls thereby positively influencing market growth over the forecast period.
Based on geography, the study analyzes the waterproof breathable textile market in the global market, including North America, Asia-Pacific, Europe, South America, and the Middle East & Africa.
North America leads the global market throughout the forecast period
In 2019, Asia Pacific accounted for the largest market share in the waterproof breathable textiles market due to a huge population with increasing per capita income. Moreover, the region is witnessing rapid growth in indoor and outdoor sports popularity, as it is expected to generate a huge sports apparel demand in that way it will drive the demand for waterproof breathable textiles in the region.
North America is expected to emerge as the highest growth rate region due to the constant demand for rainwear products such as pants, jackets, and weather-proof shoes within the region. Besides, the region has a well-developed sporting culture, with soccer being the most popular sport. Basketball, Cricket, and rugby are also hugely popular. The rising demand for the highest waterproof and breathable training shoes and gears from the outdoor sporting industry is expected to grow the market in the region.
The waterproof breathable textile market is highly competitive, owing to the presence of big brands. The key waterproof breathable textile players which are contributing to the growth of the global market include Toray Industries, Inc., Clariant AG, HYOSUNG, Tanatex Chemicals B.V, Schoeller Switzerland, W. L. Gore & Associates, Inc., Carrington Textiles Ltd, Henderson Textiles, Polartec, LLC, Megaprima Taiwan International Co., Ltd, Suzhou Jingang Textile Co., Ltd, Wujiang Sunfeng Textile Co., Ltd, Spring Home Textile, and GTUT (Taiwan Dyeing & Fabric Co., Ltd.), among others. The major players are adopting new product launch and expansion strategies for global growth in the waterproof breathable textile market.
Toray Industries, Inc.
Overview: Toray Industries, Inc. engages in the processing, manufacture, and sale of various materials for aircraft and automobiles to apparel and information technology-related products. It operates through the following segments: carbon fiber composite materials, fibers and textiles, life science, functional chemicals, environment & engineering, and others. The company was founded on January 12, 1926, and is headquartered in Tokyo, Japan.
Product Portfolio: The company's portfolio comprises fibers and textiles, plastics films, fine chemicals, water treatment membrane and systems, carbon fibers and composite materials, electronics and information related products, pharmaceuticals and medical products, amenity products, and textile products.
The global waterproof breathable textile market report would provide access to an approx. 66 market data table, 59 figures, and 270 pages.
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