Publication Month: Feb 2023 | Report Code: TIPRE00029829 | No. of Pages: 170 | Category: Chemicals and Materials | Status: Published
Industrial workwear products help ensure workers’ safety in industrial settings. They are designed specifically to absorb shocks or any kind of impact that may cause injuries to employees and workers. Moreover, they are made of wear-resistant, chemical-resistant, and flame-resistant materials offering effective protection from different hazards. Manufacturers of industrial workwear are launching cost-effective products with advanced features to meet the rising consumer demand, which is expected to provide immense opportunities for the industrial workwear and gear market growth in the coming years.
In 2020, various industries had to slow down their operations due to disruptions in value and supply chains caused by the shutdown of national and international boundaries. The COVID-19 pandemic adversely affected economies and industries due to lockdowns, travel bans, and business shutdowns. Restrictions imposed by government authorities led to disruptions in the supply chains of key raw materials and irregularities in manufacturing processes, which directly impacted manufacturing industries, thereby hampering the production and demand for industrial workwear. However, the COVID-19 pandemic also had a favorable impact on the industrial workwear and gear market to a certain extent. The demand for personal protective equipment (PPE) kits increased in research laboratories contributing to the development of vaccines for different SARS-CoV-2 variants, to prevent direct exposure of employees to the virus. With an abrupt rise in demand, PPE manufacturers ramped up their production capacities.
Governments of emerging economies are increasing their focus on infrastructure development. For instance, in November 2021, India, the US, Israel, and the UAE established a new quadrilateral economic forum to focus on infrastructure development projects and reinforce bilateral cooperation. Such government initiatives are likely to boost the demand for industrial workwear and gear in emerging economies. Further, the number of infrastructure projects—such as Tuban Olefin Complex Development Project (Indonesia), Singapore Deep Tunnel Sewerage System, and Shenzhong Link (China)—is rising in developing countries, which is expected to fuel the demand for industrial workwear and gear to ensure workers’ safety Thus, rapid developments in industrial sectors in emerging economies is anticipated to create lucrative opportunities for the industrial workwear and gear market during the forecast period.
Based on type, the industrial workwear and gear market is segmented into workwear and uniforms, protective wear and gear, footwear, gloves, and others. The protective wear and gear segment is projected to register the highest CAGR during the forecast period. 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.
Get more information on this report :
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. The heavy industries and manufacturing segment held the largest share of the market in 2021. The manufacturing industry includes businesses producing pulp and paper, machinery and equipment, polymer products, nonmetallic mineral products, furniture, rubber, and wood products. Continuous exposure of workers to dangerous environments and the unavailability of protective shoes for workers have been the principal cause of industrial accidents in the manufacturing sector for years. Protective coveralls, gloves and sleeves, caps/hats, coats, jackets, shirts, socks, softshell jackets, sweatshirts, trousers, face masks, face shields, waistcoats, and protective boots and shoes with toecaps are specifically designed to safeguard the upper and lower body parts of workers from the heavy industries and manufacturing sectors.
The key players operating in the industrial workwear and gear market include Carhartt, Inc.; ARAMARK; Alsico Group; A. LAFONT SAS; Honeywell International Inc.; Hultafors Group AB; Lakeland Industries Inc.; VF Corporation; Ansell Ltd.; Hultafors Group AB; and Mustang Workwear. These players focus on providing high-quality products to fulfill customer demands. They also focus on strategies such as investments in research and development activities and new product launches.
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.