New Study Report “Workwear/Uniforms Market 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2028” Added on Wiseguyreports.com.
Introduction/Market Overview:
The global workplace wear market, which is a growing market, was valued at USD 28.3 billion in 2018. There is an increased interest in uniforms market, as a symbol of professionalism in the workplace and this is a key driving factor for growth in the industry. Another factor driving this growth is the increased number of accidents in workplaces, hence insisting on the need for safe workplace uniforms. There are many companies that use cutting edge fabric technology in their uniforms for this very purpose. Nowadays, leading companies use the internet of things (loT) features and asset tracking systems. They use microcontroller chips installed inside the apparel to collect real-time information about toxic gas exposure, heart rate of the workers, etc.
Within the market, apparel products account for about 75% of the market. This is because there are strict safety guidelines prescribed by the government and in accordance with them, many companies provide workplace uniforms. Another growing segment is footwear. Footwear has a growing market demand and is expected to grow at a rate of 6.3% from 2019 to 2025. It has a growing demand especially in manufacturing industries to avoid accidents due to slips and falls. They are also used in power industries to avoid burns, and in pharma industries to avoid frostbites and hypothermia in their employees.
In the global market scenario, the top five players are VF Corporation, Williamson Dickie, Alsico, Fristads Kansas Group and Carhartt. However, these companies amounted to only about 2.65% of the global market in 2016. VF Corporation continues to dominate the market. In 2016, the production of VR Corporation reached 25.6 M units. Other major players in this market are G&K Services, Sioen, Johnsons Apparelmaster, Van Puijenbroek Textiel, Cinta, Aditya Birla and Hultafors Group. Companies are looking to expand their reach by acquiring other companies. For example, the leading AHSELL acquired the smaller OUTLET and HALO Branded Solutions acquired a Berlin based distributor chain called Caliendo Savio Enterprises
Important Key Players Analysis: VF Corporation, Williamson Dickie, Fristads Kansas Group, Aramark, Alsico, Adolphe Lafont, Carhartt, Engelbert Strauss, UniFirst, G&K Services, Sioen, Cintas, Hultafors Group, Johnsons Apparelmaster, Aditya Birla, Van Puijenbroek Textiel and more.
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Segmentation
The Workwear/Uniforms market can be segmented on the basis of gender, application and type. With respect to gender, men’s category dominates the market and accounts for about 55.0% share of the revenue in 2018. However, the women’s category is a booming market and is expected to expand at the fastest CAGR of 6.1% from 2019 to 2025. As far as the application is concerned, the industry can be segmented into Chemical, Power, Food & Beverage, Biological and Others. Chemical industry is the largest segment, contributing about USD 9.9 billion to the overall revenue. Food and Beverages industry is also a fast-growing segment, expected to grow at 7%. With respect to the type of workwear market can be segmented into general workwear, corporate workwear and uniforms.
Regional Analysis
Going according to region, North America was the largest Workwear/Uniforms market, contributes over 45.0% to the global revenue in 2018. There are strict government guidelines to be followed in this region and this fuels the demand across this region. Asia Pacific is the fastest growing market, estimated to grow at around 6.9% in the next five years. The demand in this segment stems from the strong presence of the working-class population in Asian countries including China, India, and Japan. Other markets with potential are Europe, South America and the Middle East.
Key Stakeholders
Workwear/Uniforms Manufacturers
Workwear/Uniforms Distributors/Traders/Wholesalers
Workwear/Uniforms Sub component Manufacturers
Industry Association
Downstream Vendors
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Latest news in the Industry
A recent trend that has been seen in this market is the rise of casual attire in the workplace. Euromonitor International’s Lifestyles Survey reveals that 59% of US consumers look for “comfortable” (casual) when buying an apparel or footwear product, while only 21% of consumers look for “classic-style” (formal). Companies have quickly recognized this trend and have products lined up accordingly. For example, Gap Inc. introduced the Hill City men’s activewear brand, in accordance with urban men’s lifestyle. Another premium men’s performance apparel brand, Rhone, introduced a commuter dress shirt as part of its Commuter Collection. There is a rising demand for premium casualwear as well which new brands like Everlane, Rothy’s and Allbirds are catering to.
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