NEWARK, Del, July 07, 2022 (GLOBE NEWSWIRE) — As per Future Market Insights (FMI), the industrial workwear market is poised to reach a valuation of US$ 16,312.6 Mn in 2022. Sales are projected to increase at a 6.1% CAGR, surpassing US$29,490.2 Mn by 2032.
As per the study, the apparel industry has gone through a rapid transition over the past decade. Manufacturers in the industrial workwear market are investing extensively on product-development to expand their customer base.
Availability of workwear with multi-purpose facilities such as sweat-proof fabric and fireproof materials will drive the demand in the market. Further, need for better-quality materials in heavy-duty tasks especially from oil & mining, manufacturing, automotive, construction and chemical industries is expected to increase the sales of industrial workwear.
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Additionally, manufacturers in the industry are focusing on increasing needs of safety enabled as well as fashionable workwear. Growing preference for fashionable workwear is encouraging the manufacturers to invest in research and development to develop trendy workwear.
For instance, Lenzing’s introduction of Tencel, a cellulose fiber designed for use in industrial laundry. A Tencel/polyester blend, according to Lenzing, is perfect for industrial laundering.
Key Takeaways from the Industrial Workwear Market Study:
- In terms of product type, top wear industrial workwear are expected to have a considerable revenue share.
- Based on end-use industry, the services sector is expected to dominate the industrial workwear market through 2022 & beyond.
- Online distribution channel is anticipated to be most preferred among end users on the back of growing penetration of e-commerce channel.
- India is expected to lead the growth in South Asia industrial workwear market over the assessment period
- The US is projected to vanguard the sales in North America industrial workwear market during the forecast period
“Growing preference for high-quality textile and fabric is one of the key factor stimulating the demand in industrial workwear market. Hence, key players are capitalizing on the existing trend and developing fashionable clothes to expand their customer base” says an IMF analyst.
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Who is winning?
Top industrial workwear product manufacturers’ strong promotional techniques, marketing, and new product debuts have fueled global sales growth. WATTANA GmbH, Carson GmbH, HB Protective Wear GmbH & Co. KG, SIMLOC, engelbert strauss GmbH & Co. KG, 3M Company,VF Corporation, Ansell Ltd., Aramark Corporation, Honeywell International Inc., Carhartt Inc., Alsico NV, and A. LAFONT SAS among others are among the major competitors in the industrial workwear market.
Global Industrial Workwear Market by Category
By Product Type:
- Bottom Wear
By End-use Industry:
- food services
By Consumer Orientation:
By Distribution Channel:
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Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global industrial workwear market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the global industrial workwear market based on the product type (top wear, bottom wear, and overalls), end-use industry (services, construction, hospitality, oil & mining, manufacturing, automotive, and chemical), consumer orientation (men, women, and unisex) , and distribution channel (online and offline) across seven major regions.
Table of Contents
1.1. Global Market Outlook
1.2. Summary of Key Statistics
1.3. Summary of Key Findings
1.4. Product Evolution Analysis
1.5. IMF Analysis and Recommendations
2.1. Market Taxonomy
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Winning Themes
3.3. Key Product Development Trends
4. Global Industrial Workwear Market Demand Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Volume (Units) Projections, 2022-2032
4.3. YoY Growth Trend Analysis
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Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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