Textile, By Raw Material (ePTFE, PU, Polyester), By Product, By Application (Protective Clothing, Sports Goods), And Segment Forecasts, 2019 – 2025 ”, published by Grand View Research, Inc., The global waterproof breathable textiles market size is expected to reach USD 2.44 billion by 2025 registering a CAGR of 5.5%,Rising product demand in sports apparels and accessories on account of its properties, such as optimum moisture and heat regulation, is expected to boost WBT market growth over the forecast period. Demand for sports apparels, as a result of rising popularity of various outdoor and indoor sports, is also anticipated to contribute to the market development as the product is widely used in active sportswear.
In addition, growing awareness regarding maintaining an active lifestyle is expected to boost the demand for sportswear, thereby driving the market growth. The emergence of smart breathable fabrics coupled with technological proliferation is anticipated to spur the product demand further. Changes in membrane incorporation method, fabric substrates, coating techniques, and lining materials, which play a crucial role in the designing of these textiles, will also propel the market growth. Companies in the industry are investing in the development of eco-friendly products to cater to the increasing demand for sustainable solutions as well as to obtain a competitive edge over others.
Further key findings from the study suggest:
Application Insights
The protective clothing is anticipated to witness a CAGR of 5.5%, in terms of revenue, from 2019 to 2025 on account of increasing number of clean rooms and stringent government regulations pertaining to a sanitary work environment in healthcare and chemicals industries. High demand for chemical- and fire-resistant clothes, medical gowns and coats, boots, shoes, masks, carpets, and coveralls is projected to boost the segment growth over the forecast period. In addition, rapidly expanding construction sector, industrialization, and urbanization are contributing to the segment expansion.
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Active sportswear segment also accounted for a significant market share in 2018 and is projected to witness notable growth over the forecast period. Increasing product usage in military is anticipated to have a positive impact on the segment growth. Rising number of small-scale companies in the sportswear industry in Asia coupled with shifting consumer preference toward quality products is expected to drive the product demand in sports goods.
Regional Insights
Asia Pacific accounted for the largest market share in 2018 owing to the presence of developing countries with a rising consumer disposable income, increasing population, and other factors, which positively influence the consumption trends and patterns. Manufacturing capacity expansion by major companies in this region is anticipated to drive the growth further. Shifting preference toward multi-functional apparel and footwear made from high-quality fabrics and materials will also have a major impact on the region’s growth. Rapid industrialization and increasing R&D efforts by regional firms to develop unique materials with multiple benefits is further anticipated to augment the Asia Pacific market growth.
In North America, PU film segment is anticipated to witness a CAGR of 5.8% from 2019 to 2025 on account of increasing demand for films, which offer favorable thermal and waterproof properties. In addition, growing awareness regarding maintaining an active lifestyle is projected to impel the market growth in this region. Germany is the largest economy in Europe, which is characterized by the presence of growing automotive, power, and oil & gas industries, which, in turn, is expected to drive the WBT market in the years to come. Rapidly expanding chemical industry in the region is also likely to trigger product demand over the forecast period.
Browse Related Report:
Grand View Research has segmented the global Waterproof Breathable Textiles (WBT) market on the basis of raw material, textile, product, application, and region:
WBT Raw Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)
WBT Textile Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)
WBT Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)
WBT Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)
WBT Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2025)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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