Report ID: SQMIG30L2086
Report ID:
SQMIG30L2086 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
59 |
Figures:
80
Rainwear Market size was valued at USD 0 Million in 2023 and is poised to grow from USD 0 Million in 2024 to USD 0 Million by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).
The expanding fashion trend of rainwear and the expanding use of rainwear among working populations worldwide primarily drives the market. Rainwear has become more prominent as a fashion statement, especially among millennials. Street fashion trends that feature colour blocking are growing and taking over. Translucent lace raincoats and water-repellent trench coats are becoming more popular because of their innovative designs. The possibility of an epidemic has also encouraged people to budget their money better and avoid wasting it on frivolous things. Also, it is anticipated that the increasing demand for raincoats among working women around the world would present numerous prospects for market expansion. According to the World Bank Data in 2023, female hold a 39.3% share of the labor force across the globe. In addition, the population's growing desire for trendy rainwear is expected to support the market's expansion throughout the anticipated time frame. Over the projected period, the popularity of outdoor leisure activities including hiking, camping, and running, will also increase the demand for rainwear. The market is primarily driven by the expanding fashion trend of rainwear and the expanding use of rainwear among working populations worldwide. Rainwear has become more prominent as a fashion statement, especially among millennials. Street fashion trends that feature colour blocking are growing and taking over. Translucent lace raincoats and water-repellent trench coats are becoming more popular because of their innovative designs.
US Rainwear Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30L2086