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Workwear Market is expected to reach US$ 45,743.96 Million by 2028 - TIP
Posted: Jul 22, 2022
Industrial accidents are one of the major concerns across various industrial sectors. These accidents have severe consequences on human health. There have been numerous cases of accidents at work globally in various industries such as construction, oil & gas, and mining. According to the International Labour Organization (ILO), approximately 2.78 million work-related deaths are recorded yearly, of which 2.4 million are related to occupational diseases. Additionally, there are ~340 million occupational accidents and 160 million victims of work-related illness annually across the globe. Further, International Labour Organization (ILO) stated that work-related diseases caused the most deaths among workers. Hazardous substances alone are estimated to cause 651,279 deaths a year. Various industries such as construction, mining, oil & gas, automotive, and healthcare record numerous work-related deaths and injuries. The construction industry has a disproportionately high rate of recorded accidents. According to the International Journal for Research in Applied Science & Engineering Technology, construction-related deaths accounted for around 18.17% of fatalities across the US from 2009 to 2018. The rising rate of accidents at work has shifted the focus toward employee safety, which is increasing the demand for industrial workwear.
Owing to the increasing number of industrial accidents, employers are adopting several standards defined by national and international organizations to ensure the well-being and safety of their employees at the workplace. Industrial workwear is designed to provide protection and comfort to users and help them avoid severe fatalities at the workplace, thereby improving the working efficiency of the workers. The functional workwear provides safety and durability while working across diversified industrial bases. Thus, an increase in industrial accidents and work-related mortality has surged the demand for the use of workwear to ensure the workers’ safety, which, in turn, is contributing to the market’s growth.
Key players operating in the global workwear market include Carhartt, Inc.; Aramark; Alisco Group; Alexandra; 3M; A. LAFONT SAS; Fristads Kansas Group; Hultafors Group; and Lakeland Industries, Inc. These companies have a widespread global presence, which allows them to serve a large set of customers from all over the world and subsequently increases their market share They heavily focus on new products launch and geographical expansion to expand their product range in specialty portfolios.
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