Dublin, Dec. 06, 2022 (GLOBE NEWSWIRE) -- The "Industrial Workwear Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
Growing job prospects and developments in end-user industries, such as manufacturing, are expected to drive the demand for industrial workwear.
Also, the target market is anticipated to reflect growth due to several factors, such as investments in fabric production, product research, and development. The demand for industrial workwear is rising across the world across diverse industries, including pharmaceuticals, semiconductors, biotechnology, and chemicals.
| Report Attribute | Details |
| No. of Pages | 249 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (USD) in 2021 | $35.65 Billion |
| Forecasted Market Value (USD) by 2027 | $51.11 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
Key Highlights
- The growth in the organized manufacturing sector is anticipated to accelerate further the entry and expansion of multi-national companies (MNCs).
- Recycled polyester workwear is giving plastic waste a second purpose. Recycled polyester is made from 100% PET plastic bottles.
- Sustainable workwear is a significant step in decreasing waste; hence, most manufacturers participate in it.
- In the future, the demand and behavior of consumers are expected to become more complex, more technology-oriented, and more challenging to predict.
- New technologies such as mobile payment infrastructure and virtual fashion shows could help customize changes by reducing waste and extending the product lifecycle.
Market Opportunities and Drivers
Increasing Product Innovation with Latest Technologies
The average workplace has experienced changes in the last few decades. The growth of the industrial workwear market is supported by the rising trends toward product and technological innovation.
The demand for lighter workwear has risen due to the increasing focus on safety, durability, and comfortability. Hence, the industry players are incorporating better properties in their fabrics such as stretch & flex along with garment softness and breathability to improve the comfort of the wearer.
Sustainable Workwear
Presently, the clothing industry is embracing recycled clothing from plastic bottles. Hence, manufacturers are committed to providing comfortable and sustainable workwear for the environment.
Recycled polyester workwear is giving plastic waste a second purpose. Loop Workwear, a manufacturer in the industrial workwear market, is committed to providing corporate workwear that reflects its brand image and suits the working environment. It formed a range of workwear solutions that are all either compostable or biodegradable or produced from a 100% recycled substance.
Stringent Regulatory Standards
Stringent regulations concerning industrial workwear have been practiced for many years in various countries to protect workers against injuries and other hazards at the workplace. In addition, several government regulations and instructions by local authorities in different countries have increased the demand for protective clothing worldwide, boosting the industrial workwear market growth.
Market Challenges
Lack of Enforcement of Stringent Safety Standards
The lack of enforcement of stringent safety standards across several countries globally is expected to hinder the growth of the industrial workwear market. Implications of safety standards differ from country to country. Similar safety situations might not exist in other regions, regardless of regulatory frameworks. Therefore, a lack of awareness about safety standards and the implementation of strict safety standards across numerous developing countries is expected to restrain the industrial workwear industry.
Competitive Analysis
The industrial workwear market is highly fragmented, with many medium and large enterprises. The more prominent players are expected to dominate the global industrial workwear market with their high-volume product lines, which have helped offset the cost variations.
The industry is characterized by the presence of diversified international and regional vendors. Further, as international players would increase their footprint in the industry, regional vendors are expected to face challenges concerning the large customer base and variety in clothing for global industrial sectors. The industry competition is projected to intensify further with an increase in product/service extensions and M&As.
Key Vendors
- 3M
- Milwaukee Tool
- Carhartt
- Bulwark Protection
- Sellstrom
- NSA-National Safety Apparel
- Pyramex
- Ergodyne
- ERB Safety
- Cintas
- LH Workwear
- Delta Plus
- Ballyclare
- Bennett Safetywear
- Asatex
- Alexandra
- Sanctum Work Wear
- Wenaas
- DEWALT
- Mallory
- Global Glove and Safety
- Sioen
- Robert Bosch
- Makita
- MSA
- Hultafors Group
- Benchmark
- Kolossus
Some of the key developments in the global industrial workwear market are listed as follows:
- In May 2018, National Safety Apparel (NSA) Acquired Rubin Brothers, a Chicago-based safety clothing producer, including its Union Line brand.
- In November 2021, Sentinel Capital Partners, a private equity firm focused on the lower midmarket, invested in RefrigiWear (Dahlonega, GA, US), which makes protective industrial workwear for indoor and outdoor use in sub-freezing temperatures and inclement weather environments. RefrigiWear's products include outerwear, coveralls, bibs, pants, and protective handwear and footwear.
- In December 2021, BaltCap invested in Weekend (Tormi, Estonia), an omnichannel platform for apparel and footwear. BaltCap is a private equity fund manager in the Baltic states.
Key Questions Answered:
1. How big is the industrial workwear market?
2. What is the projected market size of the global industrial workwear market by 2027?
3. What is the growth rate of the global industrial workwear market?
4. Which region dominates the global industrial workwear market?
5. What are the primary trends in the industrial workwear market?
6. Who are the key players in the global industrial workwear market?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segmentation
4.4.1 Market by Product
4.4.2 Market by Material Type
4.4.3 Market by End-User
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Premium Insights
7.1 Market Overview
7.1.1 Market Trends
7.1.2 Market Opportunities
7.1.3 Market Drivers
7.1.4 Market Challenges
7.1.5 Segment Review
7.1.6 Company & Strategies
7.1.7 Market Players
8 Introduction
8.1 Overview
8.1.1 Significance of Selecting Quality Workwear
8.2 Covid-19 Scenario
8.3 Developments in Industrial Workwear Industry
8.4 Value Chain Analysis
8.4.1 Raw Materials and Suppliers
8.4.2 Distribution
8.4.3 Marketing & Sales
8.4.4 Services
8.5 Construction Industry
8.5.1 Residential Construction
8.5.2 Commercial Construction
8.5.3 Public Infrastructural Construction
9 Market Opportunities & Trends
9.1 Rising Demand from Emerging Economies
9.2 Sustainable Workwear
9.3 Increasing Product Innovation With Latest Technologies
10 Market Growth Enablers
10.1 Stringent Regulatory Standards
10.2 Rising Consumer Awareness of Workplace Safety
10.3 Increasing Industrial Accidents
11 Market Restraints
11.1 High Cost of Raw Materials
11.2 Lack of Enforcement of Stringent Safety Standards
12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Five Forces Analysis
12.3.1 Threat of New Entrants
12.3.2 Bargaining Power of Suppliers
12.3.3 Bargaining Power of Buyers
12.3.4 Threat of Substitutes
12.3.5 Competitive Rivalry
13 Product
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Top Wear
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market by Geography
13.4 Bottom Wear
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market by Geography
13.5 Footwear
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market by Geography
13.6 Headwear
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Market by Geography
13.7 Others
13.7.1 Market Overview
13.7.2 Market Size & Forecast
13.7.3 Market by Geography
14 Material Type
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Polyester
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market by Geography
14.4 Cotton
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market by Geography
14.5 Nylon
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
14.6 Specialty Fabric
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Market by Geography
14.7 Others
14.7.1 Market Overview
14.7.2 Market Size & Forecast
14.7.3 Market by Geography
15 End-User
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Construction
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.3.3 Market by Geography
15.4 Oil & Gas
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.4.3 Market by Geography
15.5 Manufacturing
15.5.1 Market Overview
15.5.2 Market Size & Forecast
15.5.3 Market by Geography
15.6 Chemicals
15.6.1 Market Overview
15.6.2 Market Size & Forecast
15.6.3 Market by Geography
15.7 Automotive
15.7.1 Market Overview
15.7.2 Market Size & Forecast
15.7.3 Market by Geography
15.8 Mining
15.8.1 Market Overview
15.8.2 Market Size & Forecast
15.8.3 Market by Geography
15.9 Others
15.9.1 Market Overview
15.9.2 Market Size & Forecast
15.9.3 Market by Geography
16 Geography
17 APAC
18 Europe
19 North America
20 Latin America
21 Middle East & Africa
22 Competitive Landscape
22.1 Competition Overview
22.1.1 Mergers and Acquisitions in Workwear Industry
23 Company Profiles
24 Report Summary
25 Quantitative Summary
26 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/shi7sk
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