The Asia Pacific industrial workwear market is expected to grow from US$ 3,191.43 million in 2022 to US$ 4,793.85 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2022 to 2028.
Governments of emerging economies are increasing their focus on infrastructure development. Further, the number of infrastructure projects, such as Tuban Olefin Complex Development Project (Indonesia), Singapore Deep Tunnel Sewerage System, and Shenzhong Link (China), is rising in developing countries, which is expected to fuel the demand for industrial workwear to ensure workers’ safety. Emerging economies are experiencing development in various sectors, including automotive, manufacturing, and chemicals. The automotive industry is one of the largest industries in the world, and it is growing in emerging economies such as China and India. The growth in the region is attributed to the rising foreign direct investments, growing passenger cars demand, and increasing preference for electric vehicles to reduce emission. According to India Brand Equity Foundation (IBEF), the automotive sector received cumulative equity FDI inflow of about US$ 30.78 billion between April 2000 and September 2021. The increasing development in various industrial sectors of emerging economies has propelled the need to maintain the safety of workers while working. Thus, rapid development in industrial sectors of emerging economies is anticipated to create lucrative opportunities for the industrial workwear market during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific industrial workwear market growth at a notable CAGR during the forecast period.
Asia Pacific Industrial Workwear Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Industrial Workwear Market Segmentation
The Asia Pacific industrial workwear market is segmented into product type, category, end use, and country. Based on product type, the market is segmented into top wear, bottom wear, and coveralls. By category, the Asia Pacific industrial workwear market is divided into men, unisex, and women. In terms of end use, the market is categorized into construction, oil & gas, chemicals, manufacturing, automotive, and others. From country point of reference, the Asia Pacific industrial workwear market is segmented into China, Japan, India, Australia, South Korea, and Rest of Asia Pacific.
Asia Pacific Industrial Workwear Market — Companies Mentioned
ARAMARK;AlsicoGroup;Honeywell InternationalInc. Lakeland Industries Inc.;VF Corporation; and Ansell Ltd. are a few major companies operating in the Asia Pacific industrial workwear market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 3,191.43 Million |
| Market Size by 2028 | US$ 4,793.85 Million |
| CAGR (2022 - 2028) | 7.0% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Industrial Workwear Market is valued at US$ 3,191.43 Million in 2022, it is projected to reach US$ 4,793.85 Million by 2028.
As per our report Asia Pacific Industrial Workwear Market, the market size is valued at US$ 3,191.43 Million in 2022, projecting it to reach US$ 4,793.85 Million by 2028. This translates to a CAGR of approximately 7.0% during the forecast period.
The Asia Pacific Industrial Workwear Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Industrial Workwear Market report:
The Asia Pacific Industrial Workwear Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Industrial Workwear Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Industrial Workwear Market value chain can benefit from the information contained in a comprehensive market report.
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