Functional Workwear Apparel Market Offered in New Research Forecasted through 2026

Posted on 2019-04-26 by Mark Hub in Retail // 0 Comments

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RockVille, US, 2019-Apr-26 — /EPR Network/ — A new report titled “Functional Workwear Apparel Market Offered in New Research Forecasted through 2026” has been included in the enormous research repository of Fact.MR that compiles various facets of the Functional Workwear Apparel Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Functional Workwear Apparel Market across the globe.

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Functional workwear apparel are also increasingly witnessing significant demand in the sports industry bound to growing need for boost in performance. Incorporation of aerodynamic features for sport activities such as skiing, cycling and swimming is further expected to impact growth of the global functional workwear apparel market. These factors are expected to contribute towards growth of the global functional workwear apparel market significantly during the forecast period.

With the rapid growth in industrial, manufacturing, and service sector, the workforce is also increasing. Hence, increasing number of companies have set the rules in terms of workwear depending on the nature of the business. Manufacturers are offering a specialized set of clothes including basic and protective workwear. Basic workwear is worn across industries such as food, healthcare, defense, hospitality, industrial sector, etc. Whereas, protective workwear consists of protective clothing such as bacterial resistant, fire resistant, water resistant, etc. These type of protective workwear is being largely used across manufacturing units, steel, fire services, mining, pharmaceuticals, etc.

Technological advancements are also leading to the production of smart and high-tech workwear apparel. These clothes are equipped with sensors that help in maintaining body temperature. They are also made using technically advanced fabrics that provides protection against UV rays and harmful radiation. Manufacturers are also focusing on producing light-weight workwear apparel, along with design to make it comfortable and stylish. However, the high cost of functional workwear apparel and lack of awareness about the use of protective workwear are likely to hamper the growth of the market.

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Increasing employment opportunities and progress in the manufacturing industry is expected to rev up demand for functional workwear apparel in APEJ. On the basis of region, the functional workwear apparel market in APEJ is expected to represent a leading region in the global functional workwear apparel market during the forecast period. The functional workwear market in Europe is expected to represent positive growth bound to increasing investment in the research and development for fabric development and innovation. Manufacturers in this region are further focusing on equipping the workwear with advanced fabric that is durable, water-resistant and maintain body temperature.

Based on workwear type, the uniform segment is expected to generate significant revenues, recording a value of over US$ 600 Mn by 2026-end. The synthetic fiber is expected to outsell the natural globally. In terms of revenue, the synthetic fiber is expected to represent a revenue growth of around US$ 600 Mn during the forecast period. By buyer sector, the service sector segment is expected to remain a dominant market. Throughout the forecast period, the service sector buyer sector segment is expected to witness significant revenue growth, representing a value of over US$ 300 Mn.

Competition Tracking

Leading market players operating in the global functional workwear apparel market include Fristads Kansas AB, V.F. Corporation, Rentokil Initial Plc, Aramark, Ansell Limited, Engelbert Strauss GmbH & Co. KG, Sioen Industries NV, Carhartt, In, Delta Plus Group, Lakeland Industries, Inc, Duluth Holdings Inc., Delta Plus Group, Mascot International A/S, Superior Uniform Group, Inc, Alsico NV and Jonsson Workwear (Pty) Ltd.

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