Functional Workwear Apparel Market is Predicted to Grow at a 6.5% CAGR by 2031; Jackets Segment is Projected to Hold Major Share of the Market, States Transparency Market Research

WILMINGTON, DE / ACCESSWIRE / June 8, 2023 / Transparency Market Research Inc. - The global functional workwear apparel market is likely to garner a steadily expanding CAGR of 6.5% from 2023 to 2031. In 2022, the market for Functional Workwear Apparel was estimated at US$ 290.7 billion, and by the end of 2031, it is anticipated to reach US$ 505.1 billion.

Workers are protected from workplace threats by functional workwear. These products are now in great demand on the global market from those looking for sportswear. Industrial workers are presently working greater hours in less than ideal conditions. Contemporary workwear should be comfortable, robust, and put the wearer's safety first.

Traditional materials like wool and cotton are cleverly blended with synthetic yarns and polymers in order to create a product that is both functional and comfortable for users. Demand for practical apparel rises with the growing wellness and health trend is a significant factor that fuels demand for various styles of practical workwear, especially activewear or sports goods.

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Market Snapshot:

Consumers all around the world have carefully considered their fitness pursuits through a variety of recreational and competitive sports. Stretching suits, intelligent footwear, as well as high-tech materials have all been turned by the sports concept into casual clothing.

The sports industry has had phenomenal growth over the past ten years, and it has begun to enter the functional workwear market as business attire becomes more comfortable. Fitness attire is a current trend; people use clothes designed for work, casual wear, school, or social settings as well as those made for sports.

A wide-ranging view on women's sports has been created by the increasing number of fitness role models for women, performers, and sportsmen. Functional workwear clothing that is sweat-wicking, breathable, and wrinkle-resistant is made from materials intended to be utilized for athletic purposes in severe sports. Such factors have been propelling the demand of functional workwear apparel since the past few years.

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Key Findings of Market Report

• There are probably profitable potential for market development given the increased awareness of the importance of worker safety.
• Functional workwear helps to boost productivity while providing protection from accidents and dangerous chemicals.
• Another element that is expected to boost the expansion of the functional workwear clothing market is technological improvements in the realm of work apparel.

The Global Market for Functional Workwear Apparel: Key Trends

• The growth of the functional workwear clothing market is significantly influenced by the expansion of the construction, manufacturing, healthcare, and other industries. The need for practical workplace attire is expected to rise as more individuals enter the workforce in order to execute their jobs safely and effectively.

Global Functional Workwear Apparel market: Regional Outlook

• In 2022, Asia Pacific controlled the world market. The increasing employment possibilities in the area, which are predicted to increase demand for workwear clothes among those who are employed, are responsible for the expansion of the APAC market. The e-commerce sector in this area has grown quickly, expanding the selection of workwear goods that are available.
• In terms of revenue share, North America came in second place in 2022. In the times to come, the market is anticipated to be driven by an expanding number of well-established businesses selling cutting-edge products. For example, in 2019, Mascot International USA Inc. introduced 100% organic cotton workwear that was devoid of pesticides and other hazardous materials.

Global Functional Workwear Apparel Market: Key Players

Some of the key players in the global functional workwear apparel market are:

• Carhartt
• Dickies
• Fristads
• RED KAP
• Helly Hansen
• Blaklader Workwear
• Asics Corporation
• Jockey International
• Russell Brands, LLC.
• Hugo Boss

Some developments by the key players in the global market for functional workwear apparel are:

• Carhartt introduced an innovative intelligent heating vest called the Carhartt X-1 on February 1 2023, in collaboration with Clim8. This vest reacts to changes in temperature and the surroundings in real time. The invention is designed to make it easier for individuals to work comfortably and effectively without having to dress in layers during chilly weather.
• American workwear company Dickies opened its first-ever freestanding European flagship shop at 35 Carnaby Street in the City of London on October 1, 2022. Customers will be able to interact with the brand at the store through a variety of special seminars and events. The establishment of a retail outlet in London has expanded the company's consumer base.
• Fristads introduced the world's debut high visibility collection that complies with environmental regulations on January 25, 2022, making it a more ecologically friendly supplier of practical workwear. The line includes a variety of working clothes with less of an impact on the natural world. The company's long-term objective to lead the field in the sustainable clothing category is supported by the introduction of this new line.

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Global Functional Workwear Apparel Market Segmentation

• By Type
  • Trousers
  • Bib Overalls
  • Shirts
  • Jackets
  • Sweatshirts
  • T-Shirts
  • Others (Shorts, etc.)
• By Gender
  • Male
  • Female
• By Material
  • Cotton Blend
  • Polyester
  • Cotton
  • Elastane
  • Nylon
  • Others (Denim etc.)
• By End-use Industry
  • Manufacturing
  • Construction
  • Healthcare
  • Defense
  • Sports
  • Others (Mining, etc.)
• Distribution Channel
  • Online
    • Company owned website
    • E-commerce websites
  • Offline
    • Supermarkets
    • Specialty Stores
    • Retail Stores
• Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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