NEW YORK, Dec. 4, 2023 /PRNewswire/ -- The workwear market is estimated to grow by USD 5.7 billion from 2022 to 2027, growing at a CAGR of 5.75%. The workwear market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer workwear market are 3M Co., A. LAFONT SAS, Aditya Birla Management Corp. Pvt. Ltd., Ansell Ltd., Ben F. Davis Co., Berne Apparel, Carhartt Inc., Delta Plus Group, H T Hughes and Co. Ltd., Harveys of Oldham Holdings Ltd., HejMar AB, Honeywell International Inc., Hultafors Group AB, J and A International Ltd., Lakeland Industries Inc., Portwest Clothing Ltd., Sioen Industries NV, VF Corp., W. L. Gore and Associates Inc., and Wearwell Ltd. The report provides a full list of key companies, their strategies, and the latest developments. Download Sample before buying
Company Offering:
- 3M Co: The company offers workwear such as 3M disposable chemical protective coverall safety workwear 4565 BLK L 25 EA, and 3M disposable chemical protective coverall safety workwear 4565 XXL.
- A. LAFONT SAS: The company offers workwear for professional and amateur cooks, craft industry, and construction.
- Aditya Birla Management Corp. Pvt. Ltd: The company offers workwear under the brands Allen Solly, American Eagle, and Aqua Armor.
- For details on companies and their offerings – Buy the report!
By Geography, the market is classified as APAC, Europe, North America, Middle East and Africa, and South America. APAC will have the largest share of the market.
- APAC is estimated to account for 45% to the growth of the global market during the forecast period. Several developing countries especially India are working to implement safety standards in the workplace. As a result, it leads to an improvement in the adoption rate of workplace safety solutions, including workwear and uniforms. Hence, such factors drives the marekt growth in APAC during the forecast period.
Download a sample report to get more insights on the market share of various regions and the contribution of the segments.
- Impactful driver- Strict implementation of workplace safety standards in developed countries
- Key Trend - Increasing focus on emergency management
- Major Challenges - Poor or inadequate implementation of workplace safety norms in developing countries
Market Segmentation
- The apparel segment is estimated to account for significant growth during the forecast period. There is an increasing demand for specialized workwear in a number of areas as workplace safety and regulations receive more attention. In addition, in order to maintain the safety and comfort of employees, large industries including construction, manufacturing, healthcare, and hospitality are required to wear workwear at working sites. Hence, such factors are fuelling the growth of this segment which in turn will drive the marekt growth during the forecast period.
Technavio Research experts have provided more insights on the market share of segments - View Sample Report
Related Reports:
The cufflinks market size is estimated to grow at a CAGR of 5.93% between 2022 and 2027. The market size is forecast to increase by USD 1,514.11 million.
The gifts novelty and souvenirs market size is estimated to grow at a CAGR of 3.4% between 2022 and 2027. The market size is forecast to increase by USD 13,731.6 million.
Workwear Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.75% |
YoY growth 2022-2023 (%) |
5.35 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Key countries |
US, China, Japan, India, and Germany |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article