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Workwear Market Size Worth US$ 45.74 Billion by 2028 at 6.1% CAGR with Global Analysis of 18+ Countries across 5 Key Regions, 50+ Companies Scrutinized by The Insight Partners

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The Insight Partners

13 Jul, 2022, 10:00 GMT

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NEW YORK, July 13, 2022 /PRNewswire/ -- The Insight Partners published latest research study on "Workwear Market to Forecast 2028 – COVID-19 Impact and Global Analysis – by Product Type, Category, End Use, and Geography," the market is projected to reach US$ 45.74 billion by 2028 from US$ 30.4 billion in 2021. It is expected to grow at a CAGR of 6.1% from 2021 to 2028. Workwear is safety apparel and uniforms worn at work, especially in manual labor. They promote the safety of workers and ensure a healthy working environment. Workwear is widely used in various sectors, including oil & gas, chemicals, constriction, healthcare, hospitality, agriculture, and mining. Over the past few years, workers' safety concerns among industrial sectors have rapidly increased. Various government and safety associations are imposing industrial guidelines to ensure the safety of workers, which has surged the demand for workwear.

Download PDF Brochure of Workwear Market Size - COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPRE00029507/

Workwear Market - Strategic Insights

Report Coverage

Details

Market Size Value in

US$ 30.4 billion in 2021

Market Size Value by

US$ 45.74 billion by 2028

Growth rate

CAGR of 6.1% from 2021 to 2028

Forecast Period

2021-2028

Base Year

2021

No. of Pages

157

No. Tables

86

No. of Charts & Figures

81

Historical data available

Yes

Segments covered

Product Type, Category, End Use

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Workwear Market: Competitive Landscape and Key Developments

Some players operating in the market are Carhartt, Inc.; Aramark; Alisco Group; Alexandra; 3M; A. LAFONT SAS; Fristads Kansas Group; Hultafors Group; and Lakeland Industries, Inc. These companies are emphasizing on new product launches and geographical expansions to meet the growing consumer demand worldwide. These companies have a widespread global presence, which provides them to serve a large set of customers from all over the world and subsequently increases their market share. These market players are highly focused on launching new products and expanding their product range in specialty portfolios.

Asia Pacific is expected to register the fastest CAGR in the workwear market during the forecast period. Increasing cases of occupational injuries, an increase in the number of surgeries and occupational deaths, high demand for safety apparel, growing expenditure on work safety by end users, such as oil and gas, food, automotive, and the presence of major market players, are some of the prominent factors propelling the workwear market growth in North America. In addition, stringent government regulations in the region regarding the safety of working professionals in factories and on-site workers, coupled with penalties for non-compliance with the standards, augmented the adoption of workwear. The rise in demand for industrial workwear, mainly from oil & gas, chemical, construction, healthcare, and other industries, is fueling the workwear market growth in the region. 

Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00029507/

The growth of the workwear market is directly influenced by the increasing demand from emerging economies across the globe. Emerging economies, such as China, India, Indonesia, and Malaysia, are experiencing rapid development in various industrial sectors such as construction, chemicals, healthcare, and mining. Governments of these emerging economies are increasing their focus on infrastructure development. For instance, in November 2021, India, the US, Israel, and the UAE established a new quadrilateral economic forum to focus on infrastructure development projects and strengthen bilateral cooperation. Such government initiatives will likely fuel the demand for workwear in the region over the next few years.

Further, the rise in infrastructure projects in developing countries, such as Tuban Olefin Complex Development Project (Indonesia), Singapore Deep Tunnel Sewerage System, and Shenzhong Link (China), are further fueling the demand for workwear to ensure workers' safety. Such demand from emerging economies is expected to open immense growth avenues for the workwear market players during the forecast period.

Based on product type, the workwear market is segmented into topwear, bottomwear, and coveralls. The topwear segment held the largest share of the market in 2020. The growth of the corporate sector is a major driving factor for the topwear segment as internal policies allow an employer to set dress codes that the employees are required to follow. Moreover, the growing awareness of employee safety in all end-use industries has increased the demand for topwear. In the healthcare industry, nurses, doctors, and other staff usually come in contact with many bodily fluids and disease-causing germs. The use of antibacterial aprons and scrubs can protect healthcare staff and patients. Hence, such antibacterial, stain-free topwear has high demand in the healthcare sector.

Have a question? Speak to Research Analyst: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00029507/

Based on category, the workwear market is segmented into men, women, and unisex. The women segment is expected to register the highest CAGR during the forecast period. Workwear has become essential to people's lifestyles, particularly for women. Strong growth of the corporate sector across the globe and work safety awareness, combined with a rise in occupational injuries, are increasing the demand for workwear among women. The growing number of working women population is aiding the workwear market growth in the women segment.

Based on end use, the workwear market is segmented into construction, oil and gas, healthcare, chemicals, and others. The healthcare segment is expected to register the highest CAGR during the forecast period. The healthcare industry is one of the prominent end users of workwear. According to the 2021 report of the WHO, approximately 27 million men and women comprise the global nursing and midwifery workforce. There is a global shortage of workforce in the healthcare industry. Many healthcare centers are offering job opportunities. Hence, the rising need for a workforce in the healthcare sector, followed by recruitment, is projected to surge the demand for workwear.

Since the COVID-19 pandemic, the government regulatory bodies, such as World Health Organization (WHO) and the UN High Level Commission on Health Employment and Economic Growth (UHC), are focusing on investments in education and job creation in the healthcare sector to achieve the goals of improved health outcomes, global health security, and inclusive economic growth. Hence, the rising investment in healthcare workforces is driving the workwear market worldwide.

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Increasing demand from emerging economies anticipates lucrative growth for the workwear market. The growth of the workwear market is directly influenced by the increasing demand from emerging economies across the globe. Various emerging economies such as China, India, Indonesia, and Malaysia are experiencing rapid development in various industrial sectors such as construction, chemicals, healthcare, and mining. Governments of these emerging economies are increasing their focus on infrastructure development.

The increasing development in various industrial sectors of emerging economies has resulted in a demand to maintain the safety of the workers while working, which in turn is fueling the need for workwear in these countries. Thus, rapid development in industrial sectors of emerging economies is anticipated to pose a growth opportunity for the workwear market during the forecast period.

Based on product type, topwear segments mainly have the largest revenue share. The topwear segment mainly includes shirts, t-shirts, jackets, and aprons. They are often made from cotton, silk, wool, polyester, polyamide, nylon, and acrylic fibers. The growth of the corporate sector is a major driving factor for the topwear segment as internal policies allow an employer to set dress codes that the employees are required to follow.

Directly Purchase Premium Copy of workwear Market Growth Report (2021-2028) at: https://www.theinsightpartners.com/buy/TIPRE00029507/

Moreover, the growing awareness of employee safety in all end-use industries has increased the demand for topwear. In the healthcare industry, nurses, doctors, and other staff usually come in contact with many bodily fluids and disease-causing germs. The use of antibacterial aprons and scrubs can protect healthcare staff and patients. Hence, such antibacterial, stain-free topwear has high demand in the healthcare sector.

Impact of COVID-19 Pandemic on workwear Market

The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Several industries, including oil & gas, construction, chemicals, and mining, suffered serious disruptions, such as breaks in supply chains and shutdowns of production plants. The shutdown of manufacturing units caused disturbances in global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020.

Moreover, governments in Europe, Asia Pacific, and North America imposed bans on international travel, which temporarily compelled companies to discontinue their collaboration and partnership plans. However, all these factors hampered various industries in 2020 and early 2021, restraining the growth of various markets, including the workwear market. On the other hand, the COVID-19 outbreak positively affected the workwear market in the healthcare sector. The pandemic created a significant demand for healthcare PPE products such as gloves, gowns, coveralls, face shields, masks, and goggles.

Browse Latest and Related Reports:

Industrial Workwear Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Top Wear, Bottom Wear, Coveralls); End-use Industry (Oil and Gas, Construction, Manufacturing, Automotive, Chemical, Others); Fit Type (Men, Women, Unisex); Distribution Channel (Online, Offline) and Geography

Healthcare Workwear Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product (Coveralls, Gowns, and Others), and End-Use (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, and Others)

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Flame Retardant Apparel Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Shirts, Pants, Lab Coats, And FRC Coveralls); Application (Chemical Industry, Pharmaceutical Industry, Paper and Pulp Industry, Food Processing Industry, Paint Industry, And Others) and Geography

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/workwear-market
More Research Reports from Chemicals and Materials Market: https://www.theinsightpartners.com/categories/chemicals-and-materials

Logo: https://mma.prnewswire.com/media/1586348/The_Insight_Partners_Logo.jpg

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