Global Workwear Market

Workwear Market Size, Share, Growth Analysis, By Product(Work Apparel (General Apparel and Protective Apparel) and Work Footwear (General Footwear and Protective Footwear)), By Demographic(Men and Women), By Application(Construction, Chemical, Power, Food & Beverage), By Distribution Channel(Online and Offline), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30L2149 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 61 | Figures: 75

Workwear Market Insights

Workwear Market size was valued at USD 16.78 billion in 2022 and is poised to grow from USD 17.75 billion in 2023 to USD 27.87 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

The global market is being driven by the advancement of technology, which has led to product innovations. There is a growing demand for innovative workwear worldwide, and as a result, prominent market players have been investing in technology to meet this demand. This technology allows users to improve their mobility through the use of a stretch back layer, which is concealed. Unlike traditional outerwear garments that feature one-piece construction, workwear manufactured using Full Swing technology has panels hidden in the back that allow for stretching, while still maintaining the function and integrity of the gear. In recent years, the market has seen a rise in the popularity of wearable technology and smart materials. For instance, in December 2019, Alexandra, a leading brand in professional healthcare workwear, launched a new range of high-end polyester/cotton garments that prioritize both comfort and value. The healthcare range is manufactured by experts and meets the latest standards of compliance and performance required in the healthcare industry. In February 2020, Snickers Workwear, one of the UK's leading workwear innovators, launched a range of fully accredited protective wear for heat and flame, electrostatic, mechanical, and chemical risk environments. These garments are made from tailor-made fabrics designed to respond to risky situations, and the range now includes Class 2 and 2 hi-vis work trousers, tops, and sweatshirts.

US Workwear Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Workwear Market size was valued at USD 16.78 billion in 2022 and is poised to grow from USD 17.75 billion in 2023 to USD 27.87 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

The global workwear market is highly competitive, with the presence of a large number of local and regional players competing with established global players. The competition is based on factors such as product quality, price, design, distribution network, and customer service. To fulfil the changing expectations of consumers and gain a competitive edge in the market, manufacturers are putting their efforts into creating new and environmentally friendly products. In order to boost their client base and market share, businesses are also increasing their presence in emerging markets through strategic alliances, acquisitions, and collaborations. 'VF Corporation (US)', 'Williamson-Dickie Manufacturing Company (US)', 'Fristads AB (Sweden)', 'Hultafors Group (Sweden)', 'Carhartt, Inc. (US)', 'Aramark (US)', 'Engelbert Strauss GmbH & Co. KG (Germany)', 'Lakeland Industries, Inc. (US)', 'Alsico NV (Belgium)', 'Mascot International A/S (Denmark)', 'Adolphe Lafont SAS (France)', 'Ansell Limited (Australia)', 'Duluth Trading Company (US)', 'Delta Plus Group (France)', 'Hejco Yrkeskläder AB (Sweden)', 'Kwintet Group (Netherlands)', 'Sioen Industries NV (Belgium)', 'Honeywell International Inc. (US)', 'Ben Davis Clothing, Inc. (US)', 'W.L. Gore & Associates, Inc. (US)'

One of the key drivers of growth in the global workwear market is the increasing focus on workplace safety regulations. The need for safety gear in industries such as construction, manufacturing, and healthcare is driving the demand for workwear that provides protection against various hazards, such as heat, chemicals, and physical impacts. As a result, manufacturers are developing workwear that meets safety standards while also being comfortable, durable, and stylish, to meet the evolving needs of consumers. The emphasis on workplace safety regulations is expected to continue driving the growth of the global workwear market in the coming years.

One of the key market trends in the global workwear market is the growing demand for sustainable and eco-friendly workwear products. Consumers are increasingly aware of the environmental impact of their purchasing decisions and are seeking workwear products that are manufactured using sustainable materials and production methods. Manufacturers are responding to this trend by developing workwear products that are made from organic, recycled, or biodegradable materials and using eco-friendly production techniques. The trend towards sustainable and eco-friendly workwear is expected to continue in the coming years, driven by increasing consumer awareness and regulatory pressure to reduce carbon footprint and waste.

North America is considered to be one of the most dominant markets in the world, owing to its strong economic growth, high disposable incomes, and high levels of consumer spending. The North American market is dominated by the United States, which is the largest market for workwear in the region. The US workwear market is expected to continue its dominance due to the growing demand for high-quality, durable, and fashionable workwear among consumers, as well as the increasing need for safety regulations in various industries.

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Global Workwear Market

Report ID: SQMIG30L2149

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