South & Central America Workwear Market
South & Central America Workwear Market is growing at a CAGR of 6.0% to reach US$ 2,752.93 Million by 2030 from US$ 1,729.05 Million in 2022 by Product Type, Category, Distribution Channel, and End Use.

Published On: Jul 2024

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South & Central America Workwear Market

At 6.0% CAGR, South & Central America Workwear Market is Projected to be Worth US$ 2,752.93 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the South & Central America workwear market was valued at US$ 1,729.05 million in 2022 and is expected to reach US$ 2,752.93 million by 2030, registering a CAGR of 6.0% from 2022 to 2030. Increasing product innovation with the latest technologies and adoption of e-commerce sales channel are among the critical factors attributed to the South & Central America workwear market expansion.

The workwear industry is constantly innovating, driven by changes in the global market, and the rising trend of technological innovation supports the growth. The rise in demand for lighter protective apparel and equipment due to the increasing focus on comfort, safety, and durability is anticipated to drive the market in the region. The key producers continually seek ways to increase efficiency, boost quality, and increase overall productivity. They are incorporating better properties in their fabric and enhanced breathability to improve the wearer's comfort and prevent workplace hazards. Also, the growing need for lighter workwear has driven textile innovations, ultimately leading to garment design modifications. For instance, DuPont Kevlar continually encourages innovations in thermal and mechanical protection that are revolutionizing personal protective equipment (PPE) for hand protection. Additionally, in June 2019, Carhartt, Inc. received a patent for its Full Swing technology. This technology is aimed to incorporate a concealed stretch-back layer that improves mobility by providing a more excellent range of motion while maintaining the integrity and function of the garment.

Moreover, companies operating in the healthcare South & Central America workwear market are developing new and innovative reusable personal protective equipment to decrease medical waste and the overall cost of PPE. Thus, increasing product innovation with new technology by various key manufacturers is emerging as a significant trend in the overall South & Central America workwear market.

On the contrary, increased adoption of industrial automation hampers the growth of South & Central America workwear market.

Based on product type, the South & Central America workwear market is segmented into topwear, bottomwear, and coveralls. The topwear segment held 44.8% share of the South & Central America workwear market in 2022, amassing US$ 775.35 million. It is projected to garner US$ 1,227.21 million by 2030 to expand at 5.9% CAGR during 2022–2030.

In terms of category, the South & Central America workwear market is segmented into men, women, and unisex. The men segment held 72.1% share of the South & Central America workwear market in 2022, amassing US$ 1,246.39 million. It is estimated to garner US$ 1,964.78 million by 2030 to expand at 5.9% CAGR during 2022–2030.

Based on distribution channel, the South & Central America workwear market is segmented into wholesalers, supermarkets and hypermarkets, specialty stores, and online platforms. The wholesalers segment held 39.6% share of the South & Central America workwear market in 2022, amassing US$ 684.15 million. It is projected to garner US$ 1,079.29 million by 2030 to expand at 5.9% CAGR during 2022-2030.

By end use, the South & Central America workwear market is segmented into construction, oil and gas, chemicals, healthcare, and others. The others segment held 68.8% share of South & Central America workwear market in 2022, amassing US$ 1,190.01 million. It is predicted to garner US$ 1,884.35 million by 2030 to expand at 5.9% CAGR during 2022–2030.

Based on country, the South & Central America workwear market is categorized into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America held 46.6% share of South & Central America workwear market in 2022, amassing US$ 805.18 million. It is projected to garner US$ 1,281.19 million by 2030 to expand at 6.0% CAGR during 2022–2030.

Key players operating in the South & Central America workwear market are ARAMARK, 3M, Honeywell International Inc., and Lakeland Industries Inc., among others.

 

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