PUBLISHER: Lucintel | PRODUCT CODE: 1387301
PUBLISHER: Lucintel | PRODUCT CODE: 1387301
Workwear Trends and Forecast
The future of the global workwear market looks promising with opportunities in the chemical, power, and biological markets. The global workwear market is expected to reach an estimated $25.6 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are high growth of industrial development, advancements in fabric technology, such as flame-resistant, water-resistant, and breathable materials, and growing awareness about the importance of worker safety and health.
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Workwear by Segment
The study includes a forecast for the global workwear by demography, product, application, and region.
Workwear Market by Demography [Shipment Analysis by Value from 2018 to 2030]:
Workwear Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Workwear Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Workwear Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Workwear Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies workwear companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the workwear companies profiled in this report include-
Workwear Market Insights
Lucintel forecasts that men will remain the larger segment over the forecast period due to increasing male population in the manufacturing sector.
Within this market, chemical will remain the largest segment due to increasing safety regulations and growing awareness among companies towards the adverse effects of harmful chemicals among the workforce.
APAC will remain the largest over the forecast period due to increasing job opportunities and rapid growth of the e-commerce industry in the region.
Features of the Global Workwear Market
Market Size Estimates: Workwear market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Workwear market size by demography, product, application, and region in terms of value ($B).
Regional Analysis: Workwear market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different demography, products, applications, and regions for the workwear market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the workwear market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the workwear market size?
Answer: The global workwear market is expected to reach an estimated $25.6 billion by 2030.
Q2. What is the growth forecast for workwear market?
Answer: The global workwear market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the workwear market?
Answer: The major drivers for this market are high growth of industrial development, advancements in fabric technology, such as flame-resistant, water-resistant, and breathable materials, and growing awareness about the importance of worker safety and health.
Q4. What are the major segments for workwear market?
Answer: The future of the workwear market looks promising with opportunities in the chemical, power, and biological markets.
Q5. Who are the key workwear market companies?
Answer: Some of the key workwear companies are as follows:
Q6. Which workwear market segment will be the largest in future?
Answer: Lucintel forecasts that men will remain the larger segment over the forecast period due to increasing male population in the manufacturing sector.
Q7. In workwear market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest over the forecast period due to increasing job opportunities and rapid growth of the e-commerce industry in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.