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Global Workwear Market Report 2021: Blurring of the lines between work, home, rest and travel for today’s millennials is driving healthy growth in demand for casual workwear

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DUBLIN, September 10, 2021– (COMMERCIAL THREAD)–The “Work clothes – Trajectory and analysis of the world market” report was added to ResearchAndMarkets.com offer.

Global Workwear Market To Reach $ 39.2 Billion By 2027

Amid the COVID-19 crisis, the global workwear market estimated at US $ 29.1 billion in 2020, is expected to reach a revised size of US $ 39.2 billion by 2027, with growth at a CAGR of 4.3% over the period 2020-2027.

Apparel, one of the segments analyzed in the report, is expected to register a CAGR of 4% and reach $ 29.1 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the footwear segment growth is readjusted to a revised CAGR of 5.5% for the next 7 year period.

The US market is estimated at $ 8.6 billion, while China is expected to grow at 4.1% CAGR

The workwear market in the United States is estimated at US $ 8.6 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 7 billion by 2027, with a CAGR of 4.1% compared to the analysis period 2020 to 2027.

Other notable geographic markets include Japan and Canada, each expected to grow 4.2% and 3.4% respectively over the period 2020-2027. In Europe, Germany is expected to grow by around 3.6% CAGR.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global market trajectories

  • Impact of Covid-19 and an impending global recession

  • Work clothing: functional and durable clothing providing a secure niche in an otherwise struggling apparel industry

  • Summary growth factors

  • Summary of the main trends in workwear

  • Recent market activity

  • Huge population of working age people around the world: the fundamental engine of growth

  • India and China: Unpenetrated nature of the market and large working-age population offer significant growth opportunities

  • Global Market Outlook

  • Developed markets: traditional income contributors

  • Developing countries: manufacturing powers and new growth engines

2. FOCUS ON SOME PLAYERS (Total 119 featured)

  • Aditya Birla Fashion and Retail Ltd. (ABFRL) (India)

  • Adolphe Lafont – Kwintet France SAS (France)

  • Alexandra Workwear (Overseas Holdings) Ltd. (UK)

  • Alsico NV (Belgium)

  • Aramark (United States)

  • Carhartt, Inc. (US)

  • Cherokee Uniforms, Inc. (US)

  • Tapes Corporation (United States)

  • G&K Services Inc. (United States)

  • Dockers (United States)

  • Duluth Holdings Inc. (United States)

  • Fristads Kansas AB (Sweden)

  • Bragard SA (France)

  • Hejco (Sweden)

  • HAVEP (Netherlands)

  • Hunter Apparel Solutions Limited (Ireland)

  • JKL Clothing Ltd. (UK)

  • Johnson’s Apparelmaster Ltd. (UK)

  • Jonsson Workwear (South Africa)

  • Klopman International Srl (Italy)

  • Raymond Limited (India)

  • Red Wing Shoe Company, Inc. (US)

  • Snickers work clothes (Sweden)

  • Simon Jersey Limited (UK)

  • Superior Uniform Group, Inc. (United States)

  • The Donna Karan Company LLC (United States)

  • The WORKWEAR group (Australia)

  • Wolverine World Wide, Inc. (US)

  • Tranemo Textil AB (Sweden)

  • UniFirst Corporation (United States)

  • VF Corporation (United States)

  • Williamson-Dickie Manufacturing Company (United States)

  • Workrite Uniform Company, Inc. (US)

3. MARKET TRENDS AND FACTORS

  • Growing Importance of Smart “Casual Business” as Workwear Among Millennials Drives Healthy Market Growth

  • Blurring of the lines between work, home, rest and travel for today’s millennials is driving healthy growth in demand for work casual wear

  • Growing Millennials’ Preference for Comfortable, Casual Office Wear

  • Changing Millennials’ Perspective on Workwear

  • Millennial World Population Facts and Figures: Significant Indicators of Opportunity

  • Growing importance of the expanding functional workwear market

  • Uniforms for creative workspaces: a new trend in workwear

  • Rising female working population drives demand for women’s workwear

  • Women’s workwear brands gain importance

  • Workwear for Women: Changes Over the Years

  • Workwear for women in fields traditionally dominated by men: a major opportunity

  • Westernization trends in conventional markets to promote growth

  • Corporate Wear continues to be a promising market with positive gains

  • Notable Corporate Apparel Market Trends Summarized

  • The advent of smart technologies is fueling demand for wearable workwear

  • Demand for wearable workwear devices sees upward momentum

  • Superior attributes of FR workwear compared to market uptake of the advantages of traditional workwear

  • NSA launches the CARBONCOMFORTT workwear range

  • Recent Styles of Fire Resistant Workwear

  • Critical need for presentation and style drives demand for crew uniforms

  • Workwear for older and taller consumers: a segment with huge untapped potential

  • A revolutionary large-scale brewing in the United States

  • Fashion fever takes over men’s workwear, signals growth opportunities

  • Rising Popularity of Organic Workwear Gives Market Growth Weight

  • Imagewear: a booming market

  • Multifunctional and lighter fabric workwear continues to be in demand in the oil and gas industry

  • Rising health care and social service industry drives demand for various workwear for health care

  • The restaurant and hospitality sector continues to generate a constant demand for workwear

  • Demand for custom designed uniforms is growing in the casino / gaming market

  • Multiple benefits drive demand for embroidered workwear

  • Growing role of internet and social media in influencing decisions is driving market penetration

  • Favorable demographic and economic trends strengthen market prospects

  • Exponential increase in urban population

  • Expansion of the middle class

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/rzgc6i

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210910005164/en/

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2/ https://finance.yahoo.com/news/global-workwear-market-report-2021-092700380.html

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