Functional Workwear Apparel Market Comprehensive Study by Key PlayersPosted by Arslan on August 20th, 2019 According to the latest report by Fact.MR, the global functional workwear apparel market is expected to witness sluggish growth. The market is estimated to increase to 2.6% CAGR during the forecast period 2017-2026. The market is also projected to bring in US$ 749.3 million revenue by the end of 2026. Owing to the rise in industrial and service sector, companies are moving towards providing workwear apparel offering safety, comfortability, thereby enhancing functionality. Manufacturers are also focusing on providing stylish business formals and casuals as a part of corporate workwear. Following insights show how the global functional workwear apparel market will perform during the forecast period. Companies are increasingly defining the workwear according to the nature of profession. In addition, demand for protective workwear apparels that are equipped with protective features such as resistance from rain, sun, snow and wind will continue to increase in the manufacturing industry. As the workforce employed in the manufacturing industry are subject to extreme temperature, manufacturers are incorporating protective features such as safety glasses, personal flame-monitor, steel-toe boots and flame-resistant fabric. Technological Advancements to Underscore Lucrative Opportunities Demand for the functional workwear apparel will also continue to gain momentum bound to incorporation of technological advancements. Manufacturers are also increasingly designing garments quipped with functional details such as adjustable trouser length, extra stretch in the apparels. In addition, demand for workwear equipped with U.V protection features in the mining industry will continue to increase during the forecast period. Get Free Sample Report Here: https://www.factmr.com/connectus/sample?flag=S&rep_id=338 Forecast Highlights on Global Functional Workwear Apparel Market
Based on workwear type, the uniform segment is expected to generate significant revenues, recording a value of over US$ 600 Mn by 2026-end. The synthetic fiber is expected to outsell the natural globally. In terms of revenue, the synthetic fiber is expected to represent a revenue growth of around US$ 600 Mn during the forecast period. By buyer sector, the service sector segment is expected to remain a dominant market. Throughout the forecast period, the service sector buyer sector segment is expected to witness significant revenue growth, representing a value of over US$ 300 Mn. Competition Tracking Leading market players operating in the global functional workwear apparel market include Fristads Kansas AB, V.F. Corporation, Rentokil Initial Plc, Aramark, Ansell Limited, Engelbert Strauss GmbH & Co. KG, Sioen Industries NV, Carhartt, In, Delta Plus Group, Lakeland Industries, Inc, Duluth Holdings Inc., Delta Plus Group, Mascot International A/S, Superior Uniform Group, Inc, Alsico NV and Jonsson Workwear (Pty) Ltd.
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