Official Press Release from Business Market Insights

Asia Pacific Industrial Workwear Market is expected to reach US$ 4,793.85 million by 2028

Published: October 21, 2022
Authored By: Neha Surendra Harne

Market Size (2022): US$ 3,191.43 Mn

Forecast Market Size (2028): US$ 4,793.85 Mn

CAGR (2023–2028): 7.0%

Primary Growth Drivers: Increasing demand for safety and comfort in the workplace, Rising industrialization and urbanization, Stringent government regulations for worker safety

Key Trends: Integration of smart technologies like wearable sensors and IoT devices, Increased focus on sustainable and eco-friendly materials and manufacturing processes

Growth Opportunities: Increasing demand for specialized workwear for different industries, Expanding e-commerce and online retail channels, Growth of the rental and leasing market for workwear

Base Value (2022)

US$ 3,191.43 Mn

Projected (2028)

US$ 4,793.85 Mn

CAGR (2023-2028)

7.0%

At 7.0% CAGR, the Asia Pacific Industrial Workwear Market is projected to be worth US$ 4,793.85 million by 2028, says The Insight Partners           

According to The Insight Partners’ research, the Asia Pacific industrial workwear market was valued at US$ 3,191.43 million in 2022 and is expected to reach US$ 4,793.85 million by 2028, registering an annual growth rate of 7.0% from 2022 to 2028. Increase in number of industrial accidents and introduction of stringent government regulations are the critical factors attributed to the market expansion.                  

Industrial accidents are one of the major concerns across various industries. The accidents can lead to severe consequences on human health. Increased number of accidents in the industry has raised concerns regarding workers safety and resulted in the implementation of stringent regulations for their safety. Owing to the increasing number of industrial accidents, employers are adopting several standards defined by national and international organizations to ensure the well-being and safety of their employees at the workplace. Industrial workwear is designed to provide protection, durability, and comfort to employees while working across diversified industrial bases and helps them avoid severe casualties at the workplace, thereby improving the working efficiency of the workers. Thus, an increase in industrial accidents and work-related mortality propel the demand for the industrial workwear to ensure the workers’ safety, which, in turn, drives the market growth.

On the contrary, growing adoption of industrial automation hampers market Asia Pacific industrial workwear market. 

  • Based on product type market is segmented into topwear, bottom wear, and coveralls. The topwear segment held 46.09% market share in 2022, amassing US$ 1,471.09 million. It is projected to garner US$ 2,186.10 million by 2028 to expand at 6.8% CAGR during 2022–2028.    
  • Based on category, the Asia Pacific industrial workwear market is segmented into men, unisex, and women. The men segment held 68.20% market share in 2022, amassing US$ 2,176.49 million. It is projected to garner US$ 3,234.89 million by 2028 to expand at 6.8% CAGR during 2022–2028.
  • Based on end user, the Asia Pacific industrial workwear market is segmented into construction, oil & gas, chemicals, manufacturing, automotive, and others. The others segment held 39.69% market share in 2022, amassing US$ 1,266.60 million. It is projected to garner US$ 1,894.96 million by 2028 to expand at 6.9% CAGR during 2022–2028.
  • Based on country, the Asia Pacific industrial workwear market has been categorized into China, Japan, India, Australia, South Korea, and Rest of Asia Pacific. Our regional analysis states that China captured 35.76% market share in 2022. It was assessed at US$ 1,141.37 million in 2022 and is likely to hit US$ 1,623.00 million by 2028, exhibiting a CAGR of 6.0% during the forecast period.            

Key players dominating the Asia Pacific industrial workwear market are ARAMARK; AlsicoGroup; Honeywell InternationalInc. Lakeland Industries Inc.; VF Corporation; and Ansell Ltd.

  •  In May, 2021; Aramark announced plan to separate uniform services business into independent publicly traded company.
  • In Mar,2022; Carhartt, Inc. Re-engineers force t-shirt to beat a new kind of heat.

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