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Corporate Clothing Market Report Overview
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global corporate clothing market size was USD 60390 million in 2021 and market is projected to touch 89391.95 Million by 2031, exhibiting a CAGR of 4% during the forecast period.
Corporate clothing, often known as uniforms and workwear, is described as clothing purchased by businesses or organizations and provided to employees so they can perform their jobs. Due to its durability and safety, uniforms and workwear are frequently chosen by persons engaged in trade industries.
Wearing business attire does not need losing up personal style. By dressing to one's personal preferences and keeping a polished, professional appearance, one can project a competent appearance. The emphasis in current corporate fashion trends is on a polished appearance with limited colour patterns and stiff fabrics. The corporate world is introduced to chic and current fashion trends. For people who want to look fashionable while maintaining a professional appearance, fashion currently offers more work-appropriate and career-friendly clothing than ever before. Fashion is changing even more quickly and occasionally taking on new forms as many workplaces tighten the informal dress code.
COVID-19 Impact: supply chain disruption hampered market growth during the lockdown
The COVID-19 epidemic had a minimal effect on the world workwear market. However, the market has experienced disruption as a result of governments across the world enacting strict laws about closing down production facilities, supply chains, retail stores, and a number of other industries, which has an impact on the production and sales of workwear globally. Most industries have been impacted by the COVID-19 epidemic, including safety and industrial clothing. Governments all across the world have adopted stringent restrictions governing the closure of supply chains, retail stores, industrial facilities, and a number of other enterprises that require labour aside from vital services. On the other hand, the pandemic has had a good effect on the medical and healthcare sector, increasing workflow and creating a lot of demand for surgical and medical clothing from biological facilities. Major Personal Protective Equipment (PPE) manufacturers increased their production capacity to attempt and keep up with the record demand for such clothing.
Latest Trends
"Launch of advanced fashion trends to augment market growth"
Putting on work clothes does not mean sacrificing personal style. A competent appearance can be created by dressing according to one's personal preferences and maintaining a polished, professional appearance. Current business fashion trends emphasize a polished appearance with few patterns in the colors and stiff textiles. Elegant and fashionable fashion trends are introduced into the corporate sphere. Fashion now offers more work-appropriate and career-friendly apparel than ever before for those who wish to appear stylish while still being well-groomed. With many businesses tightening the informal dress code, fashion is evolving even more fast and occasionally taking on new forms.
Corporate Clothing Market Segmentation
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- By Type
By type, the market is differentiated into general workwear, corporate workwear, and uniforms.
- By Application
By application, the market is segmented into manufacturing industry, service industry, mining industry, agriculture & forestry industry, and others.
Driving Factors
"Demand for stylish corporate clothing to prosper market growth"
Unsafe behaviour or unsafe working conditions in industries are the main causes of industrial accidents at the workplace. An incident that occurs at work and causes physical or mental injury is referred to as an accident at work. Non-fatal workplace accidents are ones that result in at least four days off work in a row (called serious accidents at work). Workplace fatalities are incidents that result in the victim's passing within a year. People are more exposed to occupational dangers than others in particular industries, such as mining and construction. Out of all the industry sectors, this has the greatest percentage of fatal injuries.
Government's standards for workplace to surge market growth
Government required standards regarding workplace safety for workers urge people to wear work clothing at the job. The adoption of workwear is aided by the rise in regulatory activities, which are supported by the International Labor Organization (ILO), increasing the size of the corporate clothing market. The government has also been obliged to enact rigorous regulations for workwear due to the boom in the worker force brought on by fast industrial expansion. Industrialists are working to improve safety standards and address worker safety concerns, which is driving up demand for footwear and work clothing worldwide.
Restraining Factors
"High Cost Of Customized Garments to limit the market growth"
One of the main issues hindering the growth of the market for protective clothing is the high cost of the gear. Due to high performing textiles and numerous testing stages, protective apparel has a high manufacturing cost, which drives up the price. The cost of aramid fibre, for instance, may range from USD 20,000 - USD 40,000 per MT, raising the expense of protective clothing. Because protective apparel is so expensive, especially during a recession, many businesses have reduced their spending on it.
Corporate Clothing Market Regional Insights
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"Asia-pacific to lead the market due to the rising demand for stylish workwear clothes "
Due to regional market expansion and expanding employment possibilities in the region, which has increased demand for workwear clothes among the working population, the Asia-Pacific region currently dominates the worldwide workwear industry. Additionally, the region's e-commerce sector has grown quickly, which has boosted the variety of corporare clothing products available. Due to the increasing demand for skin-friendly and incredibly durable workwear, North America held the second-largest share of the global corporate clothing market. Additionally, the primary driver of the market is the ongoing development of various sectors. Due to the increase in employment rates and the record growth in several sectors, there has been a greater need for workwear in some other regions, like Europe, which includes Germany and France.
Work attire can occasionally, nonetheless, be uncomfortable and make the wearer feel uneasy. Employees must pay for work clothing out of their respective salaries, and it needs to be maintained on a regular basis. Polyester-made clothing is not recyclable and is not breathable. The global market for work wear suffers from the increased use of polyester and some of the aforementioned restrictions.
List of Market Players Profiled
- VF Corporation
- Williamson Dickie
- Fristads Kansas Group
- Aramark
- Alsico
- Adolphe Lafont
- Carhartt
- Cintas
- UniFirst
- G&K Services
- Sioen
- Engelbert Strauss
- Hultafors Group
- Johnsons Apparelmaster
- Aditya Birla
- Van Puijenbroek Textiel
- Dura-Wear
- China Garments
- Provogue
- Wokdiwei
- Aoruina
- Würth Modyf
- Yihe
- Lantian Hewu
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 60390 Million in 2021 |
Market Size Value By |
US$ 89391.95 Million by 2031 |
Growth Rate |
CAGR of 4% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What CAGR is the global Corporate Clothing Market expected to exhibit during 2024-2031?
The global Corporate Clothing Market is expected to exhibit a CAGR of 4.0% over 2024-2031.
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Which are the driving factors of the Corporate Clothing market?
Industrialists are working to improve safety standards and address worker safety concerns, which is driving up demand for footwear and work clothing worldwide.
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Which are the top companies operating in the Corporate Clothing market?
VF Corporation, Williamson Dickie, Fristads Kansas Group, Aramark, Alsico, Adolphe Lafont, Carhartt,Cintas,UniFirst,G&K,Services,Sioen,EngelbertStrauss,Hultafors Group, Johnsons Apparelmaster are the top companies operating in the Corporate Clothing market.