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Workwear Market is Projected to Grow Expeditiously: USD 29.1 Billion Revenue by 2031, Claims AMR
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Segments covered Product, End User, Application, Distribution Channel, and Region
Drivers Strict government regulations for safety of workplace at manufacturing sites
Rapid industrial developments
Rise in employment across all sectors in developing region
Opportunities Product developments supported by technological advancements
Restraints Lack of awareness regarding the importance of workwear among employees in small- and mid-sized industries in developing countries
The report offers a detailed segmentation of the global workwear market based on product, end user, application, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on product, the apparel segment accounted for around two-thirds of the overall workwear market in 2021, and is likely to lead the trail by the end of 2031. The same segment would cite the fastest CAGR of 6.7% throughout the forecast period. The report also discusses the footwear segment.
Based on end user, the men segment contributed to more than two-thirds of the global workwear market in 2021, and is expected to maintain its dominance through 2031. However, the women segment would grow at the fastest CAGR of 7.8% from 2022 to 2031.
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Based on application, the chemical segment contributed to nearly one-third of the global workwear market in 2021, and is expected to maintain its dominance through 2031. However, the biological segment would grow at the fastest CAGR of 9.5% from 2022 to 2031. The report also discusses the power, food & beverages, and others segments.
Based on distribution channel, the specialty stores segment captured the largest share of more than two-fifths of the global workwear market in 2021, and is likely to exhibit a noteworthy growth during the forecast period. Nonetheless, the e-commerce segment would grow at the highest CAGR of 8.0% from 2022 to 2031. The report also analyzes the supermarkets & hypermarkets and others segments.
Based on region, the market across Asia-Pacific contributed to more than two-fifths of the overall workwear market in 2021, and is expected to maintain its dominance during the forecast period. The same segment would grow at the fastest CAGR of 7.3% from 2022 to 2031. The other provinces discussed in the report include North America, Europe, and LAMEA.
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The key market players analyzed in the global workwear market report include Carhartt Inc.
Aramark
Alisco Group
Alexandra
A. Lafont SAS
Aditya Birla Group
3M
Ansell Ltd.
Honeywell International
Kimberly Clark Corp.
VF Corporation
Engelbert Strauss GmbH
Workwear Group Pty Ltd.
Hultafors Group AB
Williamson Dickie Mfg. Co.
Know More- https://www.globenewswire.com/news-release/2022/10/03/2526812/0/en/Global-Workwear-Market-Is-Expected-to-Reach-29-1-Billion-by-2031-Says-AMR.html
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
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