CAGR: 4.5%Current Market Size: USD 4.5 BillionFastest Growing Region: Europe
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
The Global Waterproof Fabrics market is expected to grow from USD 4.5 billion in 2022 to USD 6.39 billion by 2030, at a CAGR of 4.5% during the Projection period 2023-2030. The growth of this market is mainly driven by a rise in the demand for waterproof fabrics for various outdoor activities.
The materials used in waterproof textiles are those that repel water and are used in a variety of daily Fabrics. Fabrics made of waterproof materials offer great water resistance with no leaks and little wetness. To maximize the effectiveness of the waterproof materials, the fabrics are immersion-proofed and wax-proofed. The waterproof textiles are strong, lightweight, and wrinkle-free, and they offer exceptional durability. The waterproof fabric market's producers are concentrating on enhancing the texture and finish of their products. Among other uses, waterproof textiles are used in tents, sportswear, raincoats, tarpaulins, truck coverings, and kitbags. According to the kind of material used in their production, waterproof textiles are divided into several categories. The production of waterproof textiles uses a variety of materials, including nylon, polyester, cotton, and polyurethane. Generally, breathable waterproof materials are used for clothing that serves as weather protection. Rather than allowing water to flow through, breathable waterproof materials enable water vapor to do so in order to keep the skin and body temperature stable. Conversely, non-breathable waterproof textiles do not let the passage of water or water vapor and are not used for clothing. Most home uses, including tents, vehicle coverings, and bathroom curtains, use non-breathable waterproof textiles.
Sample Request: - Global Waterproof Fabrics Market
Market Dynamics:
Drivers:
In the present market, consumers are more concerned with their health, which has led to a strong demand for sports apparel with breathable qualities from the producers of waterproof breathable fabrics and the cumulative rise in company expansion end-user awareness. due to the growing use of waterproof-breathable textiles made from bio-based raw materials such as nylon, wool, silk, and others, the growing demand for sweat absorption products from developing in different regions. It is seen that growth in the sports industry of industrialized nations, increased consumption of gender-specific game uniforms, and rising tear-resistant material demand is rising waterproof breathable textiles globally in the present.
Restraints:
Changing prices for raw materials affect the growth of the market. The price and availability of the raw materials used by fabric manufacturers play a significant role in determining the price of their products. Since the great majority of these raw materials are derivatives of the textile industry, changes in the price of other commodities affect their pricing which results in a drop of the market.
Opportunities:
Waterproof fabrics with membranes display qualities including defense against UV rays, temperature changes, and airborne contaminants. Additionally, the market is anticipated to be stimulated in the next years by the increased demand for waterproof fabrics with membranes. The worldwide waterproof fabrics market is anticipated to be driven in the upcoming years by the growth in demand for exceptionally comfortable and high-performance materials.
Challenges:
Sport apparel companies are experimenting with new eco-friendly materials and designs as consumers move their preferences to sustainable activewear. However, sustainability-related issues are limiting market expansion. Perfluorinated and polyfluorinated compounds (PFCs), for example, are connected to chemistries that are thought to be detrimental to both human health and the environment. This aspect is anticipated to slow market expansion. But many businesses are working to eradicate polyfluorinated compounds (PFCs) by switching to cleaner chemicals, which is also anticipated to aid in resolving the problem.
Segmentation Analysis:
The global Waterproof Fabrics market has been segmented based on Raw Material, Fabric, Application, and Region.
By Raw Material
The Raw Material segment includes ePTFE, Polyurethane, Polyester, and Others. The Polyurethane segment led the largest share of the Waterproof Fabrics market with a market share of around 56.2% in 2022. The polyurethane market is expanding as a result of its excellent waterproofing capabilities and environmentally beneficial features. Additionally, increasing expenditures in marketing, production, and research & development of waterproofing fabrics made with polyurethane are anticipated to accelerate market expansion.With remarkable breathability for user comfort, waterproof fabrics manufactured with polyurethane films are increasingly being used to create relatively affordable waterproof fabric composites. Additionally, these films give the materials to which they are adhered abrasion, chemical, and puncture resistance, enhancing product durability.
By Fabric
The Fabric segment includes Densely Woven, Membrane, and Coated. The Membrane segment led the largest share of the Waterproof Fabrics market with a market share of around 29.5% in 2022. The Fabric segment is one that grows faster in the market. The membrane-based fabrics are very effective at preserving the ideal body temperature, providing customers with higher levels of comfort. Membranes are applied to the underside of a fabric's face, similar to how wallpaper is applied to a wall. Membranes are applied to a fabric product to create laminated waterproof breathable fabrics. These are thin membranes constructed from polymeric materials that have excellent water resistance and vapour perspiration permeability.
By Application
The Application segment includes General Clothing & Accessories, Sports Goods, Protective Clothing, and Others. Protective Clothing segment led the largest share of the Waterproof Fabrics market with a market share of around 38% in 2022. Growing attention to industrial safety is increasing demand for a range of protective clothing, such as coveralls, boots, shoes, masks, and industrial gowns and jackets, favourably affecting market growth throughout the Projection period.
Global Waterproof Fabrics Market- Sales Analysis.
The sale of Waterproof Fabrics expanded at a CAGR of 2.9% from 2016 to 2022.
Due to rising sales and an expanding fleet of cars in the next years, the automobile sector, one of the major consumers of waterproof fabrics, is expected to expand the market for these materials. The market for waterproof fabrics is anticipated to see a trend toward the conversion of natural fibres like cotton and wool into waterproof fabrics using polymer coatings.
It is anticipated that sales of clothing made of waterproof fabric will increase in the near future due to the increase in per capita disposable income in emerging nations.
Thus, owing to the aforementioned factors, the global Waterproof Fabrics market is expected to grow at a CAGR of 4.5% during the Projection period from 2023 to 2030.
Global Waterproof Fabrics Market- By Regional Analysis:
The regions analyzed for the Waterproof Fabrics market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the Waterproof Fabrics market and held a 37% share of the market revenue in 2022.
Global Waterproof Fabrics Market- Country Analysis:
Germany's Waterproof Fabrics market size was valued at USD 0.8 billion in 2022 and is expected to reach USD 1.2 billion by 2030, at a CAGR of 5.5% from 2023 to 2030.
Due to rising consumer demand for sports-related fitness items brought on by increased health consciousness, Germany is expanding in the global waterproof fabric market.
China’s Waterproof Fabrics market size was valued at USD 1.0 billion in 2022 and is expected to reach USD 1.6 billion by 2030, at a CAGR of 6.6% from 2023 to 2030.
China has the largest economy in Asia-Pacific in terms of GDP. Due to rising health consciousness, consumers' desire for sports-related fitness items is largely driving the market in China. The manufacture of sportswear has increased as a result in China.Due to rising demand from the footwear and clothing industries, the waterproof textiles market in China is predicted to expand quickly.
India's Waterproof Fabrics market size was valued at USD 0.7 billion in 2022 and is expected to reach USD 1.0 billion by 2030, at a CAGR of 4.7% from 2023 to 2030.
The rise of waterproof fabrics has aided by India's rising per capita disposable income. The need for premium quality textiles that can survive harsh weather conditions has been driven by an increase in fabric product manufacturing capacity, which is the main driver of the market. Rapid industrialisation and ready access to raw resources will accelerate market expansion even more.
Key Industry Players Analysis:
To increase their market position in the global Waterproof Fabrics business, top companies focus on tactics such as adopting new Application, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
4.5% |
Market Size |
4.5 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Raw Material, By Fabric, By Application, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Helly Hansen, Mitsui, Tanatex Chemicals, Nextec Fabrics, APT Fabrics, Jack Wolfskin GmbH, HeiQ Materials, Tanatex Chemicals, Rudolf Group, and Dow Corning Corp. |
By Raw Material |
|
By Fabric |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Waterproof Fabrics Market by Raw Material:
Global Waterproof Fabrics Market by Fabric:
Global Waterproof Fabrics Market by Application:
Global Waterproof Fabrics Market by Region:
Global Waterproof Fabrics market size is USD 4.5 billion in 2022.
Global Waterproof Fabrics market is expected to reach USD 6.39 billion by 2030, at a CAGR of 4.5% from 2023 to 2030.
Increased demand for active sportswear is a major driver of revenue growth.
Asia Pacific region will witness more growth in the Waterproof Fabrics market.
Nye Lubricants, Total S.A, Kluber Lubrication, The Chemours Company, Vickers Oils, Bruckner Textile Machinery, Eni Oil Products, Matrix Specialty Lubricants, Carl Bechem GmbH, Eldons Lubricants Industry, Caltex, MORESCO Corporation among others.
Political Factors- A stable and welcoming business climate with predictable market growth tendencies is provided by high political stability. However, political unrest discourages investors and damages stakeholders' faith in the economy and, as a result, organizational performance. Currently, waterproof fabrics market has operations in a number of nations, each of which is experiencing its own political unrest. Growing political tensions and instability on a worldwide scale may have an impact on the growth of the gold industry and reduce the waterproof fabrics market's prospects for expansion. Government policy changes that happen frequently make the environment more unclear, which is bad for corporate success. The political climate of the nation must be closely monitored by the waterproof fabrics market since shifts in power could affect the government's priorities for the growth of various industries.
Economic Factors- Organizational performance is directly impacted by a nation's economic development. The waterproof fabrics market has numerous prospects for growth in economies that are expanding. In a similar vein, it's critical to comprehend the stage of the industrial lifecycle. Due to market saturation, entering mature sectors might be more difficult than entering businesses in the growth stage. The amount of money invested on essential infrastructure development by the government of the host country also has an impact on the business performance of the waterproof fabrics market. The business climate is made easier by a well-developed infrastructure, which also boosts the gold industry's growth potential in the respective nation.
Social Factors- The purchasing power of customers' money affects their spending habits. Analyzing consumer interests and spending habits requires analysing and predicting consumer purchasing power based on pertinent economic data. Consuming the supplied commodity is seen as a prestige symbol in some cultures, while others use it for practical purposes. The waterproof fabrics market should take the effort to comprehend the societal trends and consumption incentives that shape this behaviour. To ascertain how local consumers view imported goods, the waterproof fabrics market should also make an effort to comprehend the extent of consumer ethnocentrism and take into account the country of origin effect.
Technological Factors- The use of cutting-edge marketing strategies to improve customer collaboration has been facilitated by the growth of information and communication technologies. Social media usage has become widespread in today's business climate. waterproof fabrics market. can take advantage of the possibilities provided by social media marketing to enhance operational efficiency. Initiating creative social media campaigns for building online brand communities can be done using technological developments. The lifecycle of developing new products has been shortened by the adoption of new technology. New products are created swiftly today, and supply chain partners have more clout as well. It puts pressure on the waterproof fabrics market to create new items fast, diversify its product line, incorporate flexibility into the value chain, and cultivate positive commercial relationships with partners in the chain.
Environmental Factors- Businesses have been forced to implement cutting-edge recycling and waste management strategies due to the combination of rising environmental degradation and technological innovation. Recycling is almost a corporate standard in several nations. Additionally, the waterproof fabrics market must develop effective waste management procedures in organisational divisions that are situated in or close to urban areas. Many nations have established stringent regulations to safeguard their metropolitan regions through efficient garbage management. Some nations provide financial aid to encourage the use of renewable energy sources. To maintain long-term sustainability, the waterproof fabrics market can profit from it and make investments in renewable technology. Due to improved brand perception, this investment will also result in higher stakeholder satisfaction and a larger consumer base.
Legal Factors- The privacy and security concerns of consumers have made data protection a crucial issue. To safeguard consumer data, the waterproof fabrics market must research data protection laws. Laws are also in place to limit prices, guarantee a particular level of quality, and shield customers from deceptive marketing promises. To achieve compliance with consumer protection regulations, the waterproof fabrics market. must take certain aspects into account. Regulations governing intellectual property are intended to safeguard businesses' valuable ideas and patents. Losing competitive advantage due to a failure to defend intellectual property rights could harm the waterproof fabrics market's position relative to other market participants.
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