The North America Work Wear market estimated to witness modest growth with CAGR of 4.05% and reach the revenues of USD 16,111.43 million by 2026
Published | 30 July 2020
North America Workwear Market has achieved steady growth during
recent years and is anticipated to grow with a CAGR of 4.05%.over the forecast
period 2020-2026. The total revenue generation is estimated to reach the level
of USD 16,111.43 million by 2026. The aspects attributable to the growth
comprise stringent policy regarding implementation of safe dress codes in the
industrial and commercial sectors, readiness among men and women to wear
stylish attire at work, and the rising demand for customized work-wear. The
growing organization sizes in the US, and the growing necessity of work-wear is
propelling the market of work-wear in North America.
Apparel Segment Plays a Significant Role in Driving the Work
Wear market.
The demand for clothing materials in manufacturing industries
which can withstand temperatures, as well as other specifications of weight,
etc. to suit different working environments, is the significant aspect
contributing to the growth of the segment. Furthermore, the growing demand for
workwear by manufacturers is being witnessed for their workers to maintain
dress code.
Increasing Incidence of Workplace Accidents and Fatalities is
the primary driver for the North America Work Wear market
Increase in demand for safe and durable workwear due to rising
workplace accidents and fatalities is one of the key factors driving the growth
of industrial workwear market. Increasing workplace accidents and fatalities
are expected to promote industry segment growth. As per the report of ILO,
approximately 2.3 million people around the world die due to work-related
accidents or diseases annually.
Over the past few years, clothing companies have been offering
lightweight and adaptable fabrics and apparel that can be used for different
work environments, using advanced fabric technology.
Workers in manufacturing and allied sectors such as automobile
and oil and gas follow workwear code due to inherent occupational hazards and
prefer the workwear to casual clothes. Manufacturing and power industries make
it mandatory to wear safety footwear to avoid slippages, burns and falls inside
the premises.
The United States is Expected to Observe Substantial Growth in
the Market during the Projection Period.
The US Department of Labor has framed Occupational Safety and
Health rules & regulations, including the dress code to be followed by the
organizations operating in the country. United States workwear market is mainly
governed by the workwear related obligatory norms and policies framed by
central governments to ensure worker safety and health. The aviation sector is
advanced in following every occupational safety guideline—the development of
new airports & airways along with with other industries is likely to bring
forth more demand for workwear.
Work Wear: Competitive Landscape
The major companies operating in this market are Carhartt, Inc.,
Dickies, Duluth Holdings Inc., Wrangler, RedKap, Wolverine, Caterpillar
Workwear (Caterpillar Inc.), Fox River, Bulwark, Mark's and others.
The in-depth analysis in the report provides valuable
information about the growth potential, upcoming trends, and statistics of the
Work Wear market size & outlook. The report also details the
state-of-the-art technology deployed in the industry and useful insights which
facilitate sound decision making by the concerned enterprises. Furthermore, it
also analyzes market drivers and challenges and competitive factors.
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