Workwear Market Analysis, Trends, and Scope 2023 to 2030
Workwear Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 32.08 Billion |
Market Size by 2030 | US$ 52.45 Billion |
Global CAGR (2022 - 2030) | 6.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
COVID-19 Pandemic Impact:
The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA) hampered the growth of several end-use industries companies. The shutdown of manufacturing units disturbed global supply chains, production activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in their product sales in 2020, which hampered the workwear market. The shortage of workforce, import-export ban, and limited supply of raw materials also led to a halt in operations and processes across the globe during the COVID-19 pandemic. These factors negatively impacted the workwear market growth in the pandemic.
However, in 2021, various economies resumed operations as several governments revoked the previously imposed restrictions, which positively impacted the global marketplace. Moreover, manufacturers were permitted to operate at full capacities, which helped them overcome the demand and supply gaps.
Competitive Landscape and Key Companies:
Carhartt, Inc., Aramark, Alisco Group, Alexandra, 3M, A. LAFONT SAS, Fristads Kansas Group, Hultafors Group, Lakeland Industries, Inc. are among the prominent players operating in the global workwear market. These market players adopt strategic development initiatives to expand their businesses, further driving the workwear market growth.