Daily Trade News

Global Workwear Market Report 2021: Blurring of Lines between Work,


DUBLIN, September 10, 2021–(BUSINESS WIRE)–The “Workwear – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Workwear Market to Reach $39.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Workwear estimated at US$29.1 Billion in the year 2020, is projected to reach a revised size of US$39.2 Billion by 2027, growing at a CAGR of 4.3% over the period 2020-2027.

Apparel, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$29.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Footwear segment is readjusted to a revised 5.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.6 Billion, While China is Forecast to Grow at 4.1% CAGR

The Workwear market in the U.S. is estimated at US$8.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2027 trailing a CAGR of 4.1% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Workwear: Functional and Durable Clothing Offering a Safe Niche in an Otherwise Troubled Apparel Industry

  • Growth Drivers Summarized

  • Major Workwear Trends Summarized

  • Recent Market Activity

  • Huge Population of Working Age Individuals Worldwide: The Fundamental Growth Driver

  • India & China: Unpenetrated Nature of the Market and Large Working Age Population Offer Significant Growth Opportunities

  • Global Market Outlook

  • Developed Markets: Traditional Revenue Contributors

  • Developing Countries: Manufacturing Powerhouses and the New Growth Engines

2. FOCUS ON SELECT 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 (USA)

  • Carhartt, Inc. (USA)

  • Cherokee Uniforms, Inc. (USA)

  • Cintas Corporation (USA)

  • G&K Services Inc. (USA)

  • Dockers (USA)

  • Duluth Holdings Inc. (USA)

  • Fristads Kansas AB (Sweden)

  • Bragard SA (France)

  • Hejco (Sweden)

  • HAVEP (The Netherlands)

  • Hunter Apparel Solutions Limited (Ireland)

  • JKL Clothing Ltd. (UK)

  • Johnson’s Apparelmaster Ltd. (United Kingdom)

  • Jonsson Workwear (South Africa)

  • Klopman International Srl (Italy)

  • Raymond Limited (India)

  • Red Wing Shoe Company, Inc. (USA)

  • Snickers Workwear (Sweden)

  • Simon Jersey Limited (United Kingdom)

  • Superior Uniform Group, Inc. (USA)

  • The Donna Karan Company LLC (USA)

  • The WORKWEAR Group (Australia)

  • Wolverine World Wide, Inc. (USA)

  • Tranemo Textil AB (Sweden)

  • UniFirst Corporation (USA)

  • V.F….



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