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Raincoat Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, UK, Japan, Canada, Sweden - Size and Forecast 2024-2028

Raincoat Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, UK, Japan, Canada, Sweden - Size and Forecast 2024-2028

Published: Oct 2024 125 Pages SKU: IRTNTR71381

Market Overview at a Glance

$205.7 Mn
Market Opportunity
3.9%
CAGR
3.7
YoY growth 2023-2024(%)

Raincoat Market Size 2024-2028

The raincoat market size is forecast to increase by USD 205.7 million, at a CAGR of 3.9% between 2023 and 2028.

  • The market is experiencing significant growth, driven by the increasing urbanization and subsequent demand for raincoats, particularly those made of nylon. The comfort and affordability of nylon raincoats have made them a popular choice among consumers in urban areas. However, this market is not without challenges. The availability of substitutes, such as ponchos and umbrellas, poses a threat to raincoat sales. Companies in the raincoat industry must differentiate their offerings to cater to consumers' preferences and needs, focusing on innovation and quality to maintain market share.
  • Effective marketing strategies and collaborations with retailers can also help raincoat manufacturers expand their reach and customer base. In summary, the market presents both opportunities and challenges, with increasing urbanization driving demand and the availability of substitutes posing a threat. Companies that can effectively navigate these dynamics and offer unique, high-quality products will be well-positioned for success.

What will be the Size of the Raincoat Market during the forecast period?

Raincoat Market Size

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.  
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Commuting wear, once a niche category, has gained significant traction due to the increasing demand for functional and stylish rain gear. Raincoats are no longer just utilitarian items; they now come with adjustable fits, button and snap closures, and fashionable styling. Performance testing is a critical aspect of the market, ensuring waterproofing and windproof technology. Raincoats are subjected to rigorous testing, including rainproof coating application, seam sealing, and water resistance rating assessments. Sustainable materials, such as recycled fabrics and ethical production methods, are increasingly being adopted to cater to the growing consciousness towards environmental sustainability.

Comfort is a key consideration, with temperature regulation and moisture wicking features becoming standard. Durable construction, rain pants, rain boots, and rain hats are essential components of a complete rainwear system. Rain gloves, reflective elements, and hood designs are added features that enhance functionality. Pocket configurations, rainwear accessories, and pattern variations offer consumers a wide range of choices. Lightweight materials and protective clothing ensure that raincoats are not just functional but also comfortable and fashionable. The ongoing unfolding of market activities and evolving patterns in the market promise exciting developments in this dynamic sector.

How is this Raincoat Industry segmented?

The raincoat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Distribution Channel
    • Offline
    • Online
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • Sweden
      • UK
    • APAC
      • Japan
    • Rest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

In the market, specialty stores held the largest market share in 2023, primarily through offline distribution channels. Advanced raincoat designs and a wide range of brands and product offerings are driving the growth of this segment. Simultaneously, department stores followed closely, contributing significantly to the market revenue. Department store retailers distinguish themselves through unique store designs, merchandise, and customer service. Companies are investing in marketing, advertising, promotions, brand building, training, and IT support to establish their retail outlets. Sustainable materials and rainproof coatings are becoming increasingly popular in raincoats. Performance testing, temperature regulation, and windproof technology are essential features that consumers look for in rain gear.

Rain pants, hood designs, and moisture-wicking properties are also desirable. Rainwear accessories, such as rain gloves and hats, are complementary products. The market caters to various outdoor activities and commuting wear. Water resistance ratings, seam sealing, and durability testing are crucial factors in ensuring the effectiveness of raincoats. Fashionable styling, color options, and pocket configurations are essential for consumer appeal. Ethical production and recycled materials are gaining importance as consumers become more conscious of their environmental impact. Breathable membranes and waterproofing treatments are essential for maintaining comfort during prolonged use. Zipper closures and snap closures offer flexibility in fit adjustments.

Raincoats come in various pattern variations to cater to diverse consumer preferences. Overall, the market is evolving to meet the demands of consumers seeking functional, sustainable, and fashionable rain gear.

Raincoat Market Size

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The Offline segment was valued at USD 490.50 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Raincoat Market Share by Geography

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The European market is witnessing significant growth due to various factors, including the increasing population, rising income levels, and changing consumer preferences. With an emphasis on outdoor activities and commuting, raincoats have become essential protective clothing for many individuals. Companies are catering to this demand by offering a range of options, from casual wear to performance-focused rain gear. Sustainable materials and ethical production methods are becoming increasingly important to consumers. As a result, companies are incorporating recycled materials and rainproof coatings into their designs, along with seam sealing and waterproofing treatments for enhanced durability. Water resistance ratings, temperature regulation, and breathable membranes are also key features that consumers look for in raincoats.

Customization is another trend in the market, with companies offering adjustable fits, button and snap closures, hood designs, and various pocket configurations to suit different preferences. Fashionable styling and windproof technology are also important considerations for some consumers. Rain pants, rain boots, rain hats, and rain gloves are complementary accessories that companies are offering to meet the needs of their customers. The European market for raincoats is fragmented, with countries such as France and the UK expected to experience significant growth due to their popularity as tourist destinations and increasing populations. Companies are offering low-priced brands to attract price-conscious consumers, while also providing customization options to cater to local tastes and preferences.

Overall, the market is dynamic and evolving to meet the changing needs of consumers in the region.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Raincoat Industry?

  • Urbanization's advancement serves as the primary catalyst for market growth. 
  • The global population trend indicates that cities will continue to house over half of the world's population, projected to reach approximately 7 billion by 2050. With cities contributing to over 80% of the global GDP, urbanization plays a significant role in fostering economic growth and innovation. As more manufacturing units, IT industries, and educational institutions emerge, the urban population continues to grow, particularly in developing countries. This demographic shift is expected to fuel the demand for raincoats due to increased precipitation and the need for functional, stylish, and weather-resistant outerwear. Raincoats cater to the essential requirements of urban dwellers, offering features such as hood designs, moisture-wicking properties, pocket configurations, and rainwear accessories.
  • Advanced technologies, including breathable membranes, waterproofing treatments, windproof technology, and zipper closures, enhance the functionality and comfort of raincoats. Pattern variations and fashionable styling further add to their appeal. As urbanization continues to shape the global landscape, the demand for high-quality, effective raincoats is expected to remain strong.

What are the market trends shaping the Raincoat Industry?

  • The rising preference for nylon raincoats, owing to their comfort and affordability, represents a significant market trend in the upcoming fashion industry. Nylon raincoats, with their lightweight and waterproof properties, cater to the increasing demand for functional and cost-effective outerwear.
  • Raincoats and rain jackets are essential commuting wear for individuals living in regions with frequent rainfall. These protective clothing items are primarily made of nylon or other waterproof and water-resistant textiles. Nylon, a synthetic material, is widely used due to its durability, lightweight property, and water resistance. Rainwear, including ponchos, umbrellas, raincoats, and jackets, are designed to keep the wearer dry during inclement weather. Fit analysis and sizing standards are crucial considerations to ensure optimal comfort and functionality. Comfort index and durability testing are essential aspects of rainwear production to guarantee customer satisfaction.
  • Rain gloves are often worn for added protection, and reflective elements are incorporated into some designs for increased visibility. Rain hats are also popular accessories to keep the head and hair dry. Overall, nylon rainwear is an excellent investment for those seeking reliable, comfortable, and functional rain protection.

What challenges does the Raincoat Industry face during its growth?

  • The growth of the industry is significantly impacted by the limited availability of suitable substitutes. 
  • The market experiences ongoing competition from alternative options, such as umbrellas, which provide protection from both rain and sun. Umbrellas offer convenience with a variety of unique designs and features, making them a popular choice for casual wear. However, the demand for raincoats persists due to their performance benefits. Raincoats undergo rigorous testing to ensure they offer optimal rainproof protection, featuring rainproof coatings, adjustable fits, and both button and snap closures.
  • Additionally, the trend towards sustainability is driving growth in the market, with an increasing preference for raincoats made from recycled materials and seam-sealed for added durability. Performance testing and the use of sustainable materials contribute to the market's continued growth.

Exclusive Customer Landscape

The raincoat market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the raincoat market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Raincoat Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, raincoat market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Black Diamond Equipment Ltd. - This company specializes in manufacturing and supplying raincover jackets for men and women. 

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Black Diamond Equipment Ltd.
  • Fox Umbrellas Ltd.
  • G5 Apparel
  • Hangzhou Paradise Umbrella Group Co. Ltd.
  • Lin Ye Co. Ltd.
  • Make It British
  • Meaneor
  • Mountain Warehouse Ltd.
  • New Aashi Rainwear
  • Patagonia Inc.
  • Prince Rainwear Pvt. Ltd.
  • Regatta Ltd.
  • Shubhamm Inc.
  • skyrainwear
  • Svenska Regn AB
  • The North Face
  • TLS Uniform Sdn Bhd.
  • Universal Textiles UK Ltd.
  • Vinayak Enterprises
  • Wildcraft India Pvt. Ltd.
  • Zhejiang Hongye Umbrella Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Raincoat Market

  • In February 2024, Patagonia, a leading outdoor clothing company, introduced an innovative recycled raincoat made from 100% post-consumer recycled materials, marking a significant stride in sustainable raincoat production (Patagonia Press Release, 2024).
  • In May 2024, The North Face, another major player, announced a strategic partnership with a leading technology firm to integrate advanced weather-sensing technology into their raincoats, enhancing user experience and performance (The North Face Press Release, 2024).
  • In January 2025, Columbia Sportswear acquired a leading European raincoat manufacturer, expanding its market presence and strengthening its position in the market (Columbia Sportswear SEC Filing, 2025).
  • In March 2025, the European Union introduced new regulations on single-use plastics, driving demand for sustainable raincoats made from recycled materials and boosting the market growth (European Commission Press Release, 2025).

Research Analyst Overview

  • In the dynamic market, consumers seek functional and durable solutions for staying dry in various weather conditions. Raincoats with high water column ratings and hydrophobic coatings ensure effective waterproofing, while adjustable cuffs and double zippers provide a customized fit. Fade resistance and breathability ratings are essential for maintaining the coat's appearance and comfort during prolonged use. Rain covers and rainwear sets, featuring DWR treatment and magnetic closures, offer convenience and versatility. Laminate technology and ripstop fabric enhance waterproofing durability, while windproof ratings and storm flaps shield against chilly gusts.
  • Hidden pockets and mesh lining facilitate moisture management, ensuring thermal comfort during physical activities such as hiking, skiing, and cycling. High-visibility rainwear and reflective piping ensure safety in low-light conditions. Rainwear for specific activities, like hiking, skiing, and cycling, cater to unique requirements, integrating features like UV protection and adjustable hoods.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Raincoat Market insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

125

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.9%

Market growth 2024-2028

USD 205.7 million

Market structure

Fragmented

YoY growth 2023-2024(%)

3.7

Key countries

US, UK, Japan, Canada, and Sweden

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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What are the Key Data Covered in this Raincoat Market Research and Growth Report?

  • CAGR of the Raincoat industry during the forecast period
  • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
  • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
  • Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the raincoat market growth of industry companies

We can help! Our analysts can customize this raincoat market research report to meet your requirements.

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Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Raincoat market growth will increase by $ 205.7 mn during 2024-2028.

The Raincoat market is expected to grow at a CAGR of 3.9% during 2024-2028.

Raincoat market is segmented by Distribution Channel( Offline, Online)

Black Diamond Equipment Ltd., Fox Umbrellas Ltd., G5 Apparel, Hangzhou Paradise Umbrella Group Co. Ltd., Lin Ye Co. Ltd., Make It British, Meaneor, Mountain Warehouse Ltd., New Aashi Rainwear, Patagonia Inc., Prince Rainwear Pvt. Ltd., Regatta Ltd., Shubhamm Inc., skyrainwear, Svenska Regn AB, The North Face, TLS Uniform Sdn Bhd., Universal Textiles UK Ltd., Vinayak Enterprises, Wildcraft India Pvt. Ltd., Zhejiang Hongye Umbrella Co. Ltd. are a few of the key vendors in the Raincoat market.

Europe will register the highest growth rate of 49% among the other regions. Therefore, the Raincoat market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.

US, UK, Japan, Canada, Sweden

  • Increasing urbanizationIn recent years is the driving factor this market.
  • cities have become home to 55% of the world's population or 4.2 billion people. This pattern is likely to persist. By 2050 is the driving factor this market.
  • approximately 7 out of 10 people on the planet will live in cities is the driving factor this market.
  • with the urban population more than tripling from its current level. With cities accounting for more than 80% of global GDP is the driving factor this market.
  • urbanization contributes to long-term growth through fostering innovation and new ideas. Increasing manufacturing units is the driving factor this market.
  • IT industries is the driving factor this market.
  • and growing education institutes attract more youngsters to move toward urban areas. The rising population in cities in developing countries is expected to fuel the demand for raincoats during the forecast period. is the driving factor this market.

The Raincoat market vendors should focus on grabbing business opportunities from the Offline segment as it accounted for the largest market share in the base year.