NEW YORK, May 14, 2018 (GLOBE NEWSWIRE) -- The global waterproof breathable textiles market is projected to witness a CAGR of 5.8% over the forecast period. The market is likely to expand from USD 1,560 million in 2017 to USD 2,320.0 million by 2024. The growth can be majorly attributed to the rise in demand for active sportswear among consumers, primarily the youth. Waterproof breathable fabrics are designed to use in garments that offer moisture evaporation as well as quick drying in order to provide sweat free experience. Moreover, there has been an increase in development of environmental friendly products all over the world which has promoted the market growth.
Furthermore, high end research in sportswear sector has led to the evolution of moisture wicking, heat preventing and weather repellent fabrics that enhance user experience. Such technological advancements have fostered the development of much lighter, more flexible, and versatile single layer technologies with a membrane core instead of traditional fabrics that needed a double layer.
Membrane segment accounted for the major share of the market owing to high durability offered
Waterproof breathable textiles may be made up of wax, animal fat, vegetable oil, and polyvinyl chloride (PVC). Based on textile type, membranes segment accounted for the largest share of the market as they prevent water penetration, allow breathability as well as offer high durability as compared to coatings. Membranes are extremely thin films, made up of polymeric material that has a high resistance to liquid penetration while allowing the passage of water vapors. They also provide the desired mechanical strength to the textile. In general, membranes are of two types, namely micro porous as well as hydrophilic.
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Waterproof Breathable Textiles Market - Regional Insights
Asia Pacific is projected to emerge as the fastest growing region on account of rising health and fitness concerns among the population. Also, high manufacturing of sportswear in China as well as India has boosted the demand for breathable textiles over the forecast period. Additionally, growing urban population and increase in the disposable income has not only improved the standard of living of people but also significantly influenced the consumption pattern in the region. Moreover, North America is also expected to actuate at a healthy CAGR over the next seven years.
Key findings from the report:
- The global waterproof breathable textiles market is likely to reach USD 2,320.0 million by 2024
- Membranes segment accounted for the major share of the market in 2017, and the trend is expected to continue over the forecast period
- Garments segment emerged as the leading product type, whereas footwear segment is likely to augment at the highest CAGR from 2018 to 2024
- Active & sportswear is expected to be the largest application segment, depicting significant growth from 2018 to 2024
- Asia Pacific is expected to witness the highest CAGR over the forecasted period, on account of presence of key manufacturers
- Key players operating in the market include Clariant; General Electric; Columbia Sportswear; APT Fabrics Ltd.; HeiQ Materials AG; Nike, Inc.; Adidas Group; Toray Industries, Inc.; Polartec; and W.L. Gore & Associates, Inc.; among others.
- As of May 2017, Polartec launched Polartec Power Fill, a temperature-regulating performance fabric technology that offers more durability and drivability. The new technology resists absorption of moisture and dries quickly, while maintaining high warmth to weight ratio.
The report segments waterproof breathable textiles market on the basis of raw material, product, textile, application and region.
By Raw Material
- Polyurethane
- ePTFE
- Polyester
- Others
By Product
- Garments
- Footwear
- Gloves
By Textile
- Densely woven
- Coated
- Membranes
By Application
- Active & Sportswear
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Central & South America (CSA)
- Middle East & Africa (MEA)
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