With CAGR of 6.3%, the Industrial Workwear Market is Set to hit US$ 19.5 Bn Revenue Growth during 2022 - 2031 - Transparency Market Research

Surge in demand for durable protective workwear in the manufacturing sector is anticipated to offer lucrative opportunities to companies in the industrial workwear market


Wilmington, Delaware, United States, April 11, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - Rise in demand for a range of protective wear among industrial workers is likely to augment the global market. Recent industrial workwear market trends indicate rise in utilization of various of protective wear, including top wear, especially among workers in the manufacturing sector. The global industrial workwear market was valued at US$ 10.7 Bn in 2021 and is projected to reach US$ 19.5 Bn by 2031.

Companies are incorporating high-performance fabrics to develop apparels, which are flame retardant and heat resistant, offer cut & chemical protection, and prevent occupational hazards from electric arc. Rise in popularity of lightweight protective apparel is expected to fuel the industrial workwear market growth.

Increase in trend of sustainable industrial workwear products is likely to present new opportunities for market players. For instance, popularity of workwear made of recycled polyester has increased in the past few years.

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Key Findings of Study

  • Rise in Usage of Durable and Safe Industrial Workwear in Manufacturing Sector: In terms of end-use industry, the manufacturing segment is expected to dominate the market during the forecast period. Strict implementation of laws and occupational safety & health regulations in the sector is projected to bolster adoption of protective workwear products. Rise in utilization of protective wear to prevent industrial workers from occupational hazards in the construction sector is a key trend bolstering market development.
  • Surge in Utilization of Top Wear at Industrial Workplaces: The top wear segment is anticipated to grow at a significant pace during the forecast period. Rise in demand for top wear is expected to offer lucrative opportunities for companies in the industrial workwear market. Surge in adoption of vests, visibility apparels, t-shirts, and shirts among industrial workers is expected to augment the segment.

Key Drivers

  • Rapid expansion of oil & gas, automotive, chemical, construction, and mining industries in developing regions is a key driver of the industrial workwear market
  • Advancements in fabrics used in protective wear are likely to broaden market outlook. Swift pace of industrialization in developed countries is likely to bolster commercialization of a wide range of industrial workwear.

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Regional Growth Dynamics

Europe is anticipated to account for leading share of the global industrial workwear market from 2022 to 2031. Presence of key manufacturers of protective wear for industrial workers is likely to augment the market in the region in the next few years.

Rapid pace of industrialization has bolstered sale of industrial workwear. Germany is projected to account for significant market share, primarily due to implementation of regulations on occupational health in biopharmaceuticals, oil & gas, manufacturing, and chemical sectors.

The market in Asia Pacific is anticipated to grow at a rapid pace during the forecast period. Demand for industrial workwear in the region is likely to increase due to rise in awareness about workplace safety norms and occupational safety and health risks at factories. Surge in adoption of construction workwear across the region is projected to accelerate market development.

North America is a mature market for industrial workwear. Companies in the region are focusing on product innovation to increase market share. Rise in R&D in fabrics used in personal protective wear is likely to drive the market in the region in the near future.

Competition Landscape

Partnership, merger & acquisition, and geographical expansion are the key competitive strategies adopted by market players. Small number of medium- and large-scale players account for majority stake in the global industrial workwear market.

Key players in the market are E. I. du Pont de Nemours & Company, Carhartt, Inc., Mascot International A/S, Ansell Ltd, Honeywell International Inc., 3M, and Aramark Corporation.

Key Points from TOC:

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Introduction

    5.2. Market Dynamics

        5.2.1. Drivers

        5.2.2. Restraints

        5.2.3. Opportunities

    5.3. Key Trends Analysis

        5.3.1. Demand Side Analysis

        5.3.2. Supply Side Analysis

    5.4. Key Market Indicators

        5.4.1. Numbers of Workers by Industry

    5.5. Porter’s Five Forces Analysis

    5.6. Value Chain Analysis

        5.6.1. Managing Supply Chain Risk and Disruption – Considering Impact of COVID-19

    5.7. COVID-19 Impact Analysis

        5.7.1. Cost Impact due to COVID-19

        5.7.2. Change in Industrial Strategies

    5.8. Industry SWOT Analysis

    5.9. Technology Analysis

    5.10. Regulations & Guidelines

        5.10.1. Government Stimulus Measures for Different Industries

    5.11. Global Industrial Workwear Market Analysis and Forecast, 2017-2031

        5.11.1. Market Revenue, (US$ Mn)

        5.11.2. Market Volume, (Thousand Units)

TOC Continued……

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Industrial Workwear Market Segmentation

Type

  • Top Wear
    • T-shirts
      • Polo Shirts
      • Others
    • Button-down Shirts
    • Sweatshirts
    • Jackets
    • Hoodie
    • Bibs
    • Caps
    • Rainwear
    • Others
  • Bottom Wear
    • Trousers
      • Denim
      • Non-denim
    • Shorts
    • Rainwear
    • Overalls
  • Foot Wear
    • Shoes
    • Boots
    • Socks
  • Overalls

Application

  • Flame & Heat Resistant
  • Electric Protection
  • Electric Arc Protection
  • Chemical Protection
  • Cut Protection
  • High Visibility
  • Others

End-use Industry

  • Construction
  • Home Services
  • Security Services
  • Catering Services
  • Installation Services
  • Transportation
  • Hospitality
  • Forestry
  • Food Processing and Services
  • Oil & Mining
  • Telecommunication
  • Manufacturing
  • Automotive
  • Chemical
  • Landscaping
  • Others

Fit Type

  • Men
  • Women
  • Unisex

Pricing

  • Low
  • Medium
  • High

Distribution Channel

  • Online
    • E-commerce Websites
    • Company-owned Websites
  • Offline
    • Direct
    • Indirect

Region

  • North America
  • Eastern Europe
  • Western Europe
  • Central Europe
  • Nordic
  • Benelux
  • Asia Pacific
  • Middle East & Africa
  • South America

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