What is work attire actually? Work attire is defined as clothing bought by enterprises which given to their employees to perform their work. However, these days people buy their own work attires that are more stylish and trendy. Due to the post-pandemic era, people are starting to do WFO (Work From the Office) again, thus the work attire market value will rise in the upcoming years. There have been many changes in the latest trends and requirements for how we dress at work in history (a bit less formal and a bit more practical). Corona has probably already changed the work dress code as well as NPR reports.
Work attire products help to identify and provide employee safety at the workplace. These products include corporate and industrial work attire, industrial footwear, and corporate uniforms. Industrial work attire is meant to provide safety and durability, while corporate work attire is meant to provide unique identification for employees in the sector. Many companies and industries, particularly in product manufacturing sectors like retail, food, healthcare, FMCG, and others provide their employees with work attires.
Regardless, when worn by some people, work attire can become uncomfortable and create uneasiness. Most of the time, work attire also requires regular maintenance. Attires made from polyester aren’t breathable and recyclable, and it can impact the global work attire market value.
Now, let’s talk about the market value data and forecast in work attire clothing production!
The Work Attire Market Value Data
The global work attire market value was USD 250 billion in 2019, this sum is quite low due to the pandemic crisis. Nevertheless, the work attire market value is growing at a stable rate in 2022, and the market is estimated to rise over the projected horizon with the increasing adoption of strategies by key players. The numbers are expected to grow at a significant rate by 2027, with the value estimated to reach USD 292 billion in 2023.
Specifically in the manufacturing and corporate sectors, the work attire market value is expected to remain the main factor that increases product demand. In addition, the increasing incidence of accidents and fatalities in the workplace at the global level is expected to encourage the adoption of appropriate work clothes and footwear. According to the International Labor Organization (ILO), every year, about 2.3 million people worldwide die due to work-related accidents or diseases.
Furthermore, some industrial jobs require certain clothing and equipment to offer a safe and secure environment for workers to perform essential industrial tasks. In 2020, the manufacturing segment accounted for the largest share of the work attire market value.
The Major Factors in Market Value Growth
Based on product type, the global market is further categorized into apparel and footwear. The apparel product segment dominates the market in 2021 and accounts for the largest share of more than 78.00% of global revenue. The apparel product segment is further divided into general and protective workwear while the footwear segment is divided into general and protective footwear.
Over the past few years, factors such as trends in workwear and increasing industrial safety concerns from radiation, heat, and industrial-dependent chemicals have increased the demand for workwear. The increasing importance of work attire as a representation of one’s professionalism in the workplace, especially in the industrial and corporate sectors, is expected to continue to be an important factor in driving demand for products.
Work attire refers to wearing clothing and accessories designed for the professional workplace. Increasing demand for comfortable, light, and fashionable clothing from professionals working around the world drives the growth of the work attire market value. Wearing work attire appropriate to the work environment can help to form a positive impression on people you meet at work.
Increased participation and a tendency towards job opportunities are also one of the main factors driving the growth segment. In addition, the demand for durable and comfortable clothing coupled with the availability of customized products can increase product demand further. Custom manufactured work clothes are also becoming more popular.
Regional Insights
Asia Pacific dominates the global work attire market value in 2021 and makes maximum use of more than 43.00%. The regional market is expected to expand further with the fastest CAGR from 2022 to 2030 while maintaining its dominant position in the global industry. APAC’s growing regional market can be visited with working visits in the region, which is expected to increase the demand for workwear among the working population.
North America is the second largest revenue share in 2021. An increasing number of established companies offering innovative products is expected to drive the market over the coming years. For example, in November 2019, Mascot International USA Inc. Job browsing made of 100% organic cotton, free from pesticides or other substances.
These products are in high demand because they are skin-friendly and very durable. In North America, the US is expected to be at the forefront in terms of market share and have a total reach of over 79.00% by 2021. The continued expansion of various end-user industries is also likely to generate product demand in the years to come.
In addition, the rapid growth of the e-commerce industry in the region has increased the availability of various workwear products.
A new development might have been kicked off with Covid. Especially office wear might have taken a bit big influence by the pandemic. It might be that the longer trend in history continues and we will have even more commonly sneakers, hoodies and comfy elastic clothes at work.
