07 September 2023, Mumbai
Bird’s eye view:
o The global industrial workwear market is estimated to be worth US$17.3 billion in 2023 and is projected to reach US$30.8 billion by 2033, growing at a CAGR of 5.9%.
o The market is driven by the increasing demand for safety and comfort in the workplace, the growing awareness of occupational hazards, and the increasing adoption of smart industrial workwear.
Key Dynamics in the Industrial Workwear Market Worldwide
o Increasing Cases of Occupational Hazards
Workers in manufacturing and related industries are becoming more aware of occupational hazards, and as a result, employers are imposing a safer workplace.
Workwear is crucial in ensuring that people are working and performing in a safe atmosphere.
Changing Customer Preferences Towards Smart Industrial Workwear
Manufacturers in the industrial workwear market have been spending a lot on product development in recent years, trying to find more robust ways to secure consumers.
Most current workwear comes with multi-purpose facilities such as sweat-proof fabric, multiple pockets for carrying, fireproof materials, etc.
Increasing Rate of Ergonomically Designed Products
One of the most recent trends in the protective workwear market is the rise of ergonomically designed safety clothing.
Men's industrial safety clothing with ergonomic designs helps lessen stress on the body and gives it adequate support.
Country-wise Insights
USA
The US population is expected to be one of the largest consumers in the industrial workwear market by the year 2033.
Demand for high-performance fabrics with moisture management and thermal regulation capabilities is growing in a variety of industries, including automotive, petrochemicals, construction, mining, and logistics.
China
With the growing penetration of significant firms in the region, China has been a potential market for industrial workwear.
The expanding use of industrial workwear in China is a result of the country's growing manufacturing and service sectors.
India
The industrial workwear market in India is experiencing strong growth as a result of a number of factors.
The increased demand for safe, ergonomic, and long-lasting workwear is one of the major reasons driving the market in India.
Category-wise Insights
o Top Wear Industrial Workwear
Top wear industrial workwear is gaining market share over other products.
Players in the industry offer a variety of consumer-friendly safety features.
o Service Industry
The service Industry is the most prominent end-use industry in the industrial workforce.
The category is expected to increase at a faster rate in the coming years, due to factors such as the fact that workwear uniforms help users stand out from the crowd.
Distribution Channel
o Multiple distribution channels are used to sell industrial workwear, including direct sales, online sales, and offline sales.
o Online sales are expected to grow at the fastest rate in the coming years, due to the increasing popularity of online shopping.
5 Key Insights:
- Market size: US$17.3 billion in 2023, US$30.8 billion by 2033
- Drivers: Safety, comfort, smart features
- Key trends: Ergonomics, high-performance fabrics, growing service sector
- Category: Top wear gaining market share
- Distribution: Online sales to grow fastest
CREDITS: Future Market Insights report.
