Synthetic Fiber Coats Is Expected to Showcase an Absolute Opportunity of over US$ 7.5 million by 2030
Synthetic Fiber Coats Is Expected to Showcase an Absolute Opportunity of over US$ 7.5 million by 2030
Published by top news
Posted on August 16, 2021
As the Covid-19 pandemic continues to hammer global supply chains, the functional workwear apparel market is witnessing a bearish trend. International customers are postponing orders due to lockdowns across countries, and seeking strong discounts. Retailers responded to the Covid-19 pandemic with their doors shuttered. A variety of major retailers and brands have announced their temporary closures in the U.S. withi the last few days. However, several nations have regarded the smooth running of clothing and uniform facilities as an integral component which is anticipated to bode well for the global demand for functional workwear apparel. Several hospitals today require the continuous upgradation of functional workwear apparel in the ongoing fight against the global pandemic due to which the global functional workwear apparel market is anticipated to grow at a CAGR of over 3.5% during the forecast period (2020-2030)
Key Takeaways of Functional Workwear Apparel Market Study
Asia Pacific Excluding Japan (APEJ) is projected to emerge as the world’s largest functional workwear apparel market, acquiring a share of over 25% during the forecast period. The industrial and construction developments occurring in the region is demanding the utilization of functional workwear apparel
The contribution of boots & socks to the total sales revenue is higher than the other categories in the global functional workwear apparel market. Revenue from the boots & socks segment is projected to expand at a CAGR of over 4.5% between 2020 and 2030
Synthetic fiber is projected to account for highest market share relative to natural fiber. Synthetic fiber is expected to showcase an absolute opportunity of over US$ 7.5 million by 2030
The service sector is expected to emerge as one of the functional workwear apparel’s biggest purchasers. The service sector within the global functional workwear market is expected to surpass over US$ 24 billion in sales by the end in 2030
Fact MR’s study has done the segmentation of the Functional Workwear Apparel market on the basis of product type, material type, demographics, end use, sales channel and region.
Product Type
Material Type
Demographics
End Use
Sales Channel
Region
Trousers
Jackets
Shorts & Skirts
Bib & Braces
T-Shirts
Shirts
Belts & Straps
Sweatshirts
Coveralls
Coats
Caps and Hats
Boots and Socks
Synthetic Materials
Blended Materials
Natural Materials
Men
Women
Manufacturing
Construction
Mining & Agriculture
Healthcare
Services
Homeland Security & Defense
Direct Sales / Tender
Subcontractors
Retail Channels
Online Channels
North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA
Functional Workwear Apparel Market: Analysis on Market Size Evaluation
Predictions of the Functional Workwear Apparel market, encompassing current as well as forthcoming projected values estimate and analysis on region-wise demand trends and price index have been assimilated in the report. Market estimates at the regional and global scale for Functional Workwear Apparel are available in terms of “US$ Mn” for value. A Y-o-Y growth contrast on prominent Functional Workwear Apparel market segments, along with the market attractiveness valuation computes understandings brought in the report. Metrics mentioned above are also followed based on Functional Workwear Apparel products where Functional Workwear Apparel witness a steady demand.
Functional Workwear Apparel Market: Scrutinized Assessment on Regional Segments
Weighted sections have been elaborated in the report on Functional Workwear Apparel market, which delivers projection on the regional markets. These chapters brighten the regional macros (political economic, and business environment outlook), which are expected to have a significant impact on the growth of Functional Workwear Apparel market during period of forecast.
Country-specific valuation on demand for Functional Workwear Apparel has been offered for each regional market, along with the market scope estimate and forecast, price index, price point assessment, and impact analysis of dynamics of prominent regions and countries. For all regional markets Y-o-Y growth estimates have also been incorporated in the report.
Functional Workwear Apparel Market: In-depth Analysis on Competitive Landscape
The report ends with a section on the competition scenario of Functional Workwear Apparel market, along with the profiles of major companies contributing to the market expansion. Essential and up-to-date data as well as information correlated to the market performers, who principally engage in the production and supply of Functional Workwear Apparel, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to plan preemptive steps to advance their businesses.
Company profiles have been shared with report, which exerts essentials such as product portfolio, along with an all-inclusive SWOT analysis on each player recognized along with the company policies identification and analysis. The company presence mapped and presented through the matrix for all the prominent players of the market functioning in Functional Workwear Apparel market offers readers with actionable intellect, which helps in thoughtfully presenting the market status, and making decisive predictions on the competition levels in Functional Workwear Apparel market.
Major companies operating in global Functional Workwear Apparel market, include VF Corporation, Fristads Kansas AB, Aramark, Rentokil Initial PLC, Engelbert Strauss GmbH & Co. KG, Ansell Limited and others.
Impact of Covid-19 on Functional Workwear Apparel Market
The report includes a scenario based assessment of impact of Covid-19 on the Functional Workwear Apparel market across key regions for all four quarters of 2020. The report discusses the market forecast under optimistic, probabilistic and pessimistic scenario. Under the three scenarios, the demand loss and recovery has been illustrated and described through L-shaped and U-shaped recovery curves. Alongside, the Covid-19 impact has been benchmarked with previous crisis including sub-prime crisis, Eurozone crisis and SARS pandemic.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
As the Covid-19 pandemic continues to hammer global supply chains, the functional workwear apparel market is witnessing a bearish trend. International customers are postponing orders due to lockdowns across countries, and seeking strong discounts. Retailers responded to the Covid-19 pandemic with their doors shuttered. A variety of major retailers and brands have announced their temporary closures in the U.S. withi the last few days. However, several nations have regarded the smooth running of clothing and uniform facilities as an integral component which is anticipated to bode well for the global demand for functional workwear apparel. Several hospitals today require the continuous upgradation of functional workwear apparel in the ongoing fight against the global pandemic due to which the global functional workwear apparel market is anticipated to grow at a CAGR of over 3.5% during the forecast period (2020-2030)
Key Takeaways of Functional Workwear Apparel Market Study
Asia Pacific Excluding Japan (APEJ) is projected to emerge as the world’s largest functional workwear apparel market, acquiring a share of over 25% during the forecast period. The industrial and construction developments occurring in the region is demanding the utilization of functional workwear apparel
The contribution of boots & socks to the total sales revenue is higher than the other categories in the global functional workwear apparel market. Revenue from the boots & socks segment is projected to expand at a CAGR of over 4.5% between 2020 and 2030
Synthetic fiber is projected to account for highest market share relative to natural fiber. Synthetic fiber is expected to showcase an absolute opportunity of over US$ 7.5 million by 2030
The service sector is expected to emerge as one of the functional workwear apparel’s biggest purchasers. The service sector within the global functional workwear market is expected to surpass over US$ 24 billion in sales by the end in 2030
Fact MR’s study has done the segmentation of the Functional Workwear Apparel market on the basis of product type, material type, demographics, end use, sales channel and region.
Product Type
Material Type
Demographics
End Use
Sales Channel
Region
Trousers
Jackets
Shorts & Skirts
Bib & Braces
T-Shirts
Shirts
Belts & Straps
Sweatshirts
Coveralls
Coats
Caps and Hats
Boots and Socks
Synthetic Materials
Blended Materials
Natural Materials
Men
Women
Manufacturing
Construction
Mining & Agriculture
Healthcare
Services
Homeland Security & Defense
Direct Sales / Tender
Subcontractors
Retail Channels
Online Channels
North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA
Functional Workwear Apparel Market: Analysis on Market Size Evaluation
Predictions of the Functional Workwear Apparel market, encompassing current as well as forthcoming projected values estimate and analysis on region-wise demand trends and price index have been assimilated in the report. Market estimates at the regional and global scale for Functional Workwear Apparel are available in terms of “US$ Mn” for value. A Y-o-Y growth contrast on prominent Functional Workwear Apparel market segments, along with the market attractiveness valuation computes understandings brought in the report. Metrics mentioned above are also followed based on Functional Workwear Apparel products where Functional Workwear Apparel witness a steady demand.
Functional Workwear Apparel Market: Scrutinized Assessment on Regional Segments
Weighted sections have been elaborated in the report on Functional Workwear Apparel market, which delivers projection on the regional markets. These chapters brighten the regional macros (political economic, and business environment outlook), which are expected to have a significant impact on the growth of Functional Workwear Apparel market during period of forecast.
Country-specific valuation on demand for Functional Workwear Apparel has been offered for each regional market, along with the market scope estimate and forecast, price index, price point assessment, and impact analysis of dynamics of prominent regions and countries. For all regional markets Y-o-Y growth estimates have also been incorporated in the report.
Functional Workwear Apparel Market: In-depth Analysis on Competitive Landscape
The report ends with a section on the competition scenario of Functional Workwear Apparel market, along with the profiles of major companies contributing to the market expansion. Essential and up-to-date data as well as information correlated to the market performers, who principally engage in the production and supply of Functional Workwear Apparel, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to plan preemptive steps to advance their businesses.
Company profiles have been shared with report, which exerts essentials such as product portfolio, along with an all-inclusive SWOT analysis on each player recognized along with the company policies identification and analysis. The company presence mapped and presented through the matrix for all the prominent players of the market functioning in Functional Workwear Apparel market offers readers with actionable intellect, which helps in thoughtfully presenting the market status, and making decisive predictions on the competition levels in Functional Workwear Apparel market.
Major companies operating in global Functional Workwear Apparel market, include VF Corporation, Fristads Kansas AB, Aramark, Rentokil Initial PLC, Engelbert Strauss GmbH & Co. KG, Ansell Limited and others.
Impact of Covid-19 on Functional Workwear Apparel Market
The report includes a scenario based assessment of impact of Covid-19 on the Functional Workwear Apparel market across key regions for all four quarters of 2020. The report discusses the market forecast under optimistic, probabilistic and pessimistic scenario. Under the three scenarios, the demand loss and recovery has been illustrated and described through L-shaped and U-shaped recovery curves. Alongside, the Covid-19 impact has been benchmarked with previous crisis including sub-prime crisis, Eurozone crisis and SARS pandemic.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates