Report ID: SQMIG25AC2001
Report ID:
SQMIG25AC2001 |
Region:
Global |
Published Date: February, 2024
Pages:
198
|
Tables:
72 |
Figures:
75
In 2022, the Asia Pacific region emerged as the dominant force in the global industrial workwear market, capturing over 43.00% of the total share. This regional dominance is anticipated to persist, with Asia Pacific projected to exhibit the swiftest Compound Annual Growth Rate (CAGR) from 2022 to 2030, solidifying its prominent position in the global landscape. The upsurge in job opportunities across Asia Pacific is a key driver propelling the demand for workwear clothing among the workforce. Furthermore, the flourishing e-commerce sector in the region has substantially expanded the accessibility to a wide array of workwear products.
North America secured the second-largest revenue share in 2022. The presence of well-established companies introducing innovative offerings is expected to stimulate market growth. For instance, in November 2019, Mascot International USA Inc. introduced 100% organic cotton workwear, free from harmful substances. This skin-friendly and durable product line has garnered significant demand. Within North America, the United States is projected to remain at the forefront, holding a substantial share of over 79.00% in 2022. The continuous expansion of various end-use industries is poised to sustain product demand in the forthcoming years.
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Report ID: SQMIG25AC2001