The scope of our recent study on the “Industrial Workwear and Gear Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Category, and Distribution Channel” includes factors fueling the market growth, revenue estimation and forecast, and market share analysis. It also entails the identification of significant market players and their key developments.
The industrial workwear and gear market size is projected to grow from US$ 43,725.45 million in 2022 to US$ 63,072.02 million by 2028; the market is expected to record a CAGR of 6.3% from 2022 to 2028.
Industrial workwear and gear are the categories of safety apparel that provide protection to people while working in industrial settings. Huge machinery and equipment are used in industries such as construction, oil and gas, manufacturing, and chemicals. In case of accidents and mishaps, these machineries or chemicals are highly likely to harm employees and laborers in proximity. Therefore, in such heavy-duty industries, employees and workers are mandated to wear apparel that protects them during such accidents.
The industrial workwear and gear market is segmented on the basis of product type, category, end-use industry, and geography. Based on product type, the market is segmented into workwear and uniforms, protective wear and gear, footwear, gloves, and others. The protective wear and gear segment is expected to register the fastest CAGR during the forecast period. This segment includes products such as coveralls, helmets, and HAZMAT suits worn by factory workers, firefighters, etc. The International Labour Organization conducts a code of practice for the occupational safety and health of employees worldwide. The coal mining, chemical manufacturing, and power generation industries, among others, follow regulations set by such regulatory bodies. The mandate of compliance with regulations regarding the protection of employees drives the demand for protective wear and gear across various industries.
The industrial workwear and gear market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific is expected to register the highest CAGR in the market during the forecast period. A surge in work safety measures taken by government and nongovernment organizations, coupled with large spending by industries, in Asia Pacific countries offer ample opportunities for the key industrial workwear and gear market players in this region. According to a report published by the International Labour Organization (ILO) in 2021, more than 1.1 million people in Asia Pacific annually lose their lives to occupational accidents or work-related diseases. Thus, Asia Pacific is a prominent market for global industrial workwear and gear vendors, which can be associated with a rising number of occupational accidents, poor infrastructure, and workplace fatality rate reduction initiatives in several countries in the region.
Impact of COVID-19 Pandemic on Industrial Workwear and Gear Market
The global economy was severely disrupted due to the COVID-19 pandemic. The outbreak resulted in a temporary disruption in the operations of industrial bases, which led compelled them to temporarily discontinue their expansion plans. In addition, industrial workwear production was minimal due to the labor shortage, which caused disruptions in raw material and product supply chains. These factors hampered the market growth during the pandemic. However, In 2021, the economies of various countries showed signs of recovery as governments announced relaxations in the previously imposed restrictions, which subsequently boosted the global marketplace. Several governments permitted manufacturers to operate at full capacities, which helped them overcome demand and supply gaps, and other repercussions. Moreover, vast percentages of people from many countries were fully vaccinated by 2021. As a result of overall progress in the global marketplace, industrial workwear and gear manufacturers focused on scaling up their production to revive their businesses.
The report includes the segmentation of the global industrial workwear and gear market as follows:
Based on type, the industrial workwear and gear market is segmented into workwear and uniforms, protective wear and gear, footwear, gloves, and others. On the basis of category, the market is divided into men, women, and unisex. Based on end-use industry, the industrial workwear and gear market is segmented into construction, oil and gas, chemicals, heavy industries and manufacturing, mining, pharmaceuticals, and others. In terms of geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The industrial workwear and gear market in North America is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The industrial workwear and gear market in Asia Pacific is subsegmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The industrial workwear and gear market in South & Central America market is categorized into Brazil, Argentina, and the Rest of South & Central America.
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