Asia Pacific Workwear Market Size & Outlook, 2023-2030
Asia Pacific workwear market, 2018-2030 (US$M)
Related Markets
Asia Pacific workwear market highlights
- The Asia Pacific workwear market generated a revenue of USD 7,781.9 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, workwear apparel was the largest revenue generating product in 2023.
- Workwear Footwear is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 7,781.9 million |
| Market revenue in 2030 | USD 11,198.0 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Workwear apparel |
| Fastest growing segment | Workwear Footwear |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Workwear Apparel, Workwear Footwear |
| Key market players worldwide | Aramark, 3M Co, Ansell Ltd, Honeywell International Inc, Kimberly-Clark Corp, Carhartt, Alsico, Lafont, Hard Yakka |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 43.9% of the global workwear market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,198.0 million by 2030.
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Workwear Market Scope
Workwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific workwear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to workwear market will help companies and investors design strategic landscapes.
Workwear apparel was the largest segment with a revenue share of 75.58% in 2023. Horizon Databook has segmented the Asia Pacific workwear market based on workwear apparel, workwear footwear covering the revenue growth of each sub-segment from 2018 to 2030.
Moreover, growing awareness of workplace safety standards and regulations across the Asia Pacific region has enhanced the adoption of safety apparel to prevent industrial accidents. Employers increasingly prioritize their workforce's safety and well-being, leading to higher demand for protective clothing and gear.
These regulations often mandate using specific types of protective clothing and gear in hazardous environments, boosting the demand for such products. As per information released in April 2023 by the Ministry of Manpower (MOM), a website managed by the Singapore Government Agency, in response to the rise in workplace fatalities in 2022, the MOM implemented the Heightened Safety Period (HSP).
A favorable result of the HSP was a decrease in the monthly average of fatalities from 4.5 to 2.5, leading to an annualized fatality rate of less than 1.0 per 100,000 workers. Manufacturers of workwear solutions emphasize uniform design services, apparel management solutions, and providing access to well-known brands.
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Target buyers of Asia Pacific workwear market databook
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Our clientele includes a mix of workwear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific workwear market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific workwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific workwear market size, by country, 2018-2030 (US$M)
Asia Pacific Workwear Market Outlook Share, 2023 & 2030 (US$M)
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