A need for better environmental conditions has led to water proof breathable fabrics manufactured from recycled PET bottles gaining momentum. With the global market becoming technologically advanced waterproof breathable textiles are turning favorable for market growth.
The rising consumer disposable income and growing fitness awareness and introduction of plasma and silicon based technologies are the key factors for market impetus due to these fabrics.
It is predicted by a new study by Grand View Research that the global waterproof breathable textiles market will reach USD 1.73 billion by 2020.Increasing preference towards high-performance as well as comfortable apparel is expected to drive market growth over the forecast period.
But the market is characterized by certain risks as the business requires companies to anticipate consumer preferences, as decision regarding product designs are often made in advance to consumer acceptance, which may hamper market growth.
Changes in consumer interest or consumer preferences in outdoor activities may pose a challenge to waterproof breathable textile market growth. In addition, changes in fashion trends may also have a great impact on product demand.
Even as the fabric’s contribution in the market is somewhat unpredictable, rising needs and market research show a positive sign on the same.
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