Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Workwear Market Size and Forecasts, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type; Category; Distribution Channel, End Use, and Geography" report has been added to ResearchAndMarkets.com's offering.
The workwear market size is projected to grow from US$ 32.07 billion in 2022 to US$ 52.44 billion by 2030; the market is expected to record a CAGR of 6.3% from 2022 to 2030. Over the past few years, some of the factors such as trending work attires, rising industrial safety concerns form radiation, heat, chemicals, and others depending on industry has surged the demand for workwear.
Based on end use, the workwear market is segmented into construction, oil & gas, chemicals, healthcare, and others. The construction segment accounted for the largest share of the workwear market in 2020. However, 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 extensive recruitment, is projected to fuel the demand for workwear.
Based on region, the workwear market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America held the largest share of the workwear market, and Asia Pacific is estimated to register the fastest CAGR over the forecast period. The rising 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 & gas, food, automotive, and the presence of major market players are some of the prominent factors propelling the workwear market growth in North America.
The key players operating in the workwear market include Carhartt, Inc.; Aramark; Alisco Group; Alexandra; 3M; A. LAFONT SAS; Fristads Kansas Group; Hultafors Group; and Lakeland Industries, Inc. These companies are focusing on new product launches and geographical expansions to meet the growing consumer demand worldwide.
Key Report Highlights:
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global workwear market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 228 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value in 2022 | 32.07 Billion |
| Forecasted Market Value by 2030 | 52.44 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
4. Workwear Market Landscape
4.1 Overview
4.2 PEST Analysis
5. Workwear Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in the Number of Industrial Accidents
5.1.2 Introduction of Stringent Government Regulations
5.2 Market Restraints
5.2.1 Increased Adoption of Industrial Automation
5.3 Market Opportunities
5.3.1 Increasing Demand from Emerging Economies
5.4 Future Trends
5.4.1 Increasing Product Innovation with the Latest Technologies
5.5 Impact Analysis of Drivers and Restraint
6. Workwear Market - Global Market Analysis
6.1 Workwear Market Revenue (US$ Million)
6.2 Workwear Market Forecast and Analysis (2020-2030)
7. Workwear Market Analysis - Product Type
7.1 Topwear
7.2 Bottomwear
7.3 Coveralls
8. Workwear Market Revenue Analysis - By Category
8.1 Overview
8.2 Men
8.3 Women
8.4 Unisex
9. Workwear Market Revenue Analysis - By Distribution Channel
9.1 Overview
9.2 Wholesalers
9.3 Supermarkets & Hypermarkets
9.4 Specialty Stores
9.4 Online Platforms
10. Workwear Market Revenue Analysis - By End Use
9.1 Overview
10.2 Construction
10.3 Oil & Gas
10.4 Chemicals
10.4 Healthcare
10.4 Others
11. Workwear Market - Geographical Analysis
12. Impact of COVID-19 Pandemic on Global Workwear Market
12.1 Pre & Post COVID-19 Impact on Workwear Market
13. Industry Landscape
13.1 Overview
13.2 Merger and Acquisition
13.3 Partnerships
14. Competitive Landscape
14.1 Heat Map Analysis By Key Players
14.2 Company Positioning & Concentration
15. Industry Landscape
15.1 Overview
15.2 Business Planning & Strategy
15.2 Product News
16. Company Profiles
- Carhartt, Inc.
- ARAMARK
- ALSICO
- Alexandra
- A. LAFONT
- 3M
- Fristads
- Honeywell International
- Hultafors Group
- Lakeland Inc
For more information about this report visit https://www.researchandmarkets.com/r/6ugb2s
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