Saturday, 27 July 2024
According to our latest market study on "North America and Europe Workwear Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Product Type, Category, End Use, and Distribution Channel," the market was valued at US$ 21,850.16 million in 2023 and is projected to reach US$ 33,088.30 million by 2030; it is expected to register a CAGR of 6.1% from 2023 to 2030. The report highlights key factors driving the North America and Europe workwear market and prominent players along with their developments in the market.
Industrial accidents are one of the major concerns across various industrial sectors, as they can severely affect the health of employees or workers. There have been numerous cases of accidents at work in various industries, such as construction, oil & gas, and mining. Further, the International Labor Organization (ILO) stated that work-related diseases are the causes of most deaths among workers. According to the US Bureau of Labor Statistics, the number of fatal work injuries recorded in the US reached 5,190 in 2021 from 4,764 in 2020, recording an increase of 8–9%. Additionally, Eurostat stated that 3,355 fatal accidents at work were reported in the European Union in 2020. Hazardous substances are estimated to cause ~651,279 deaths a year in this region. Industries such as construction, mining, oil & gas, automotive, and healthcare record numerous work-related deaths and injuries. The construction industry records a disproportionately high rate of accidents. Thus, a rise in the number of workplace accidents drives the growth of the North America and Europe workwear market growth.
Carhartt, Inc.; Aramark; Alisco Group; Alexandra; 3M; A. LAFONT SAS; Fristads Kansas Group; Honeywell International Inc.; Hultafors Group; and Lakeland Industries, Inc. are among the major players operating in the North America and Europe workwear market. Companies in this market are highly focused on the development of innovative product offerings to fulfill customers’ requirements.
Impact of COVID-19 Pandemic on North America and Europe Workwear Market Growth
The COVID-19 pandemic affected economies and industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America and Europe hampered the growth of several industries, including oil & gas, construction, chemicals, and mining. The shutdown of manufacturing units caused disturbances in global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020. Moreover, bans imposed by governments in Europe and North America on international travel compelled companies to discontinue their collaboration and partnership plans temporarily. However, all these factors hampered various industries in 2020 and early 2021, thereby restraining the growth of various markets, including the workwear market. On the other hand, the COVID-19 outbreak positively affected the workwear market growth in the healthcare sector. The pandemic created a significant demand for healthcare PPE products such as gloves, gowns, coveralls, face shields, face masks, and goggles.
The "North America and Europe Workwear Market Analysis to 2030" is a specialized and in-depth study of the consumer goods industry, focusing on the North America and Europe workwear market growth analysis. The report aims to provide an overview of the market with detailed market segmentation.
The workwear market in North America and Europe is segmented on the basis of product type, category, end use, and distribution channel. Based on product type, the market is segmented into topwear, bottomwear, and coveralls. Based on category, the North America and Europe workwear market is segmented into men, women, and unisex. In terms of end use, the market is divided into oil & gas, construction, chemicals, healthcare, and others. Based on distribution channel, the workwear market in North America and Europe market is segmented into wholesalers, supermarkets and hypermarkets, specialty stores, and online platforms.
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