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Global Manufacturing Segment of End-Use Industry of Industrial Workwear Market to Expand at a CAGR of 2.4% between 2019 and 2027

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Industry Probe
Global Manufacturing Segment of End-Use Industry of Industrial Workwear Market to Expand at a CAGR of 2.4% between 2019 and 2027

According to a new market report published by Industry Probe titled ‘Industrial Workwear Market (Product Type: Top Wear [Shirts, Sweatshirts, Jackets, Bibs, Caps, Rainwear, and Others], Bottom Wear [Trousers, Shorts, Rainwear, and Others], Overalls, and Footwear; End-use Industry: Oil & Gas, Construction, Manufacturing, Automotive, Chemicals, Hospitality, Logistics & Transportation, Mining, and Others; Fit Type: Men, Women, and Unisex; and Distribution Channel: Online and Offline [Direct, Wholesaler, and Retailer]) – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027’, the global industrial workwear market was valued at US$ 4,513.4 Mn in 2018 and is expected to expand at a CAGR of 2.4% from 2019 to 2027.

As per the report, the Occupational Safety and Health Administration under the United States Department of Labor offers education and training programs. It provides standards and programs to train employers, managers, supervisors, etc. Additionally, it provides training to workers on their specific roles in various industries. In developed regions, such Europe and North America, industrial workwear, which are manufactured using functional textiles and include features, such as sensors, are widely used. However, in Asia Pacific and South America, affordability over safety is given importance. Thus, procurement of industrial workwear mainly depends on the cost of the product and basic criteria of safety offered by the product is fulfilled.

The report states that the construction, manufacturing, and oil & gas industries are some of the prominent industries globally demanding industrial workwear. These industries are labor intensive and with enforcement of stringent workplace safety policies, the demand for industrial workwear is anticipated to grow. Various industries, such as oil & gas, automotive, and chemical, are equally fueling the demand for industrial workwear. Moreover, with growth of these industries and rise in awareness about work safety policies, the demand for industrial work wear is expected to increase. Adoption of industrial workwear is the maximum in the manufacturing industry. This is followed by construction and oil & gas industries. However, usage and adoption of industrial work wear also differs from country to country. For instance, market share of manufacturing and construction end-use industries is high in U.S., whereas the share of oil & gas end-use industry in the Middle East is higher as compared to other industries.

High demand for industrial work wear and safe and durable work wear in Asia Pacific can be attributed to the growth of construction, manufacturing, and oil & gas industries in the region. This is expected to contribute to the expansion of the industrial work wear market in the region. Some of major players covered under the scope 3M, Hultafors Group, Ansell Ltd.        Lakeland Inc., DuPont, Totally Workwear, Firstads Kansas Group, VF Corporation, Honeywell International Inc, and Williamson-Dickie Manufacturing Co.

Originally published on- https://industryprobe.weebly.com/blog/global-manufacturing-segment-of-end-use-industry-of-industrial-workwear-market-to-expand-at-a-cagr-of-24-between-2019-and-2027

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Industry Probe is a global market intelligence and advisory firm with an unwavering purpose to help businesses achieve strategic objectives through a varied range of offerings. Based on a unique amalgamation of our big data technology and human intelligence, our services are dedicated to serve the businesses operating in the consumer goods and industrial machinery sectors. Our offerings comprises syndicated research, strategic consulting & advisory services, competitive intelligence, and full time engagement to bring true & actionable insights into our clients’ business environment. Combining research & technology adoption, playing the perfect mix of the best data, and centered on consumer goods & industrial machinery sectors, Industry Probe believes in targeting one industry at a time.

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