Worldwide Workwear and Uniform Market Outlook to 2025 – Increasing Trends for Fashionable and Functional Clothing to Provide Lucrative Growth Prospects

Research Nester has released a report titled Workwear and Uniform Market – Global Demand Analysis & Opportunity Outlook 2025” which delivers detailed overview of the global workwear and uniform market in terms of market segmentation by type, product, services, demography, application and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The global workwear and uniform market is segmented by product into apparel, footwear and accessories, out of which, the apparel segment is anticipated to hold largest market on the back of rising concerns for safety policies amongst manufacturers, for which manufacturers are focusing towards workwear for their workers so as to reduce the probability of an accident. In the statistics by International Labour Organization (ILO), occupational accidents or work-related disease recorded more than 2.78 million deaths per year, whereas, 374 million non-fatal work-related injuries happened each year, resulting in more than 4 days of absences from work. Additionally, rising technical advancements in plants and machineries in industries is also raising the demand for advanced fabric and material apparels, which is contributing to the growth of the segment.

The global workwear and uniform market is also segmented by type into general workwear, corporate workwear, uniforms, anti-flaming, anti-acid or chemical protective and others. Out of these segments, the anti-acid or chemical protective segment is anticipated to grow at a CAGR of around 5% during the forecast period. Further, the segment was valued at around USD 10 billion in the year 2017. Additionally, the corporate workwear segment in anticipated to grow at a significant pace on account of the growing trends of workplace fashion and the availability of varied options for dressing.

The global workwear and uniform market is anticipated to record a CAGR of around 5% during the forecast period, i.e. 2018-2025. Increasing demand for workplace safety for lowering workplace accidental occurrences and growing apparel industry, coupled with growing trends of professionalism by workwear fashion and necessity of analysis of workers’ health by IOT integrated workwear, are some of the notable factors estimated to promote the demand for global workwear and uniform market throughout the forecast period. Moreover, the global workwear and uniform market was valued at around USD 28 billion in the year 2016 and is expected to garner a value of around USD 43 billion by the end of 2025 and further attain an absolute $ opportunity of around USD 15 billion during the assessment period.

Regionally, the global workwear and uniform market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, Asia Pacific is expected to hold a market share of around 37% in the year 2025 owing to the presence of large number of manufacturing industries and their requirement for workwear for their workers. Also, the presence of developed fashion hubs that uses enhanced technology is estimated to propel the growth of the market in the region over the forecast period. Additionally, the market in the region is primarily driven by nations such as China, India and Japan, where China held the largest market share of around 41% in the year 2017.

Increasing Trends for Fashionable and Functional Clothing

Different industry verticals around the globe are growing with the advancement in plants and machineries. Taking into consideration the other aspects along with the technical advancements that have been observed in the industries over the years have also raised the need for appropriate workwear which meets the criteria for workers for operating machines in the industries. Owing to such a factor, enterprises are opting for workwear which are optimized to such working conditions, keeping the worker safe from any accidental occurrences that might happen at the workplace. Additionally, the increasing workforce base across industries around the globe coupled with the growing enterprise and business sector are some of the factors anticipated to drive the growth of the global workwear and uniform market.

However, concerns regarding the availability of substitutes for workwear uniforms that restricts the sales of players operating in the workwear and uniform market are some of the factors expected to operate as a key restraint to the growth of the global workwear and uniform market during the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global workwear and uniform market, which includes company profiling of Carhartt, Inc., VF Corporation (NYSE: VFC), Alsico NV, Barebones Workwear, Inc., Cintas Corporation (NASDAQ: CTAS), Williamson-Dickie Mfg. Co., LLC, Engelbert Strauss GmbH & Co. KG, Fristads AB, VP Capital, Hejco Yrkesklader and Johnson Service Group PLC (LON: JSG). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global workwear and uniform market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Let Us Hear About Your Requirements:
Connect With Our Consultant