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QYResearch: By 2023, the global workwear market is expected to reach 71.2 billion USD

The global production of workwear increased from 2124.29 M Units in 2012 to 3193.90 M Units in 2016 at an average annual growth rate of more than 4.0%.In 2016, the global workwear market was valued at 47.3 billion USD, and by 2023 the global workwear market is expected to reach 71.2 billion USD. More Info: http://www.qyresearchglobal.com/goods-655940.html

The global production of workwear increased from 2124.29 M Units in 2012 to 3193.90 M Units in 2016 at an average annual growth rate of more than 4.0%.In 2016, the global workwear market was valued at 47.3 billion USD, and by 2023 the global workwear market is expected to reach 71.2 billion USD. More Info: http://www.qyresearchglobal.com/goods-655940.html

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<strong>QYResearch</strong>: <strong>By</strong> <strong>2023</strong>, <strong>the</strong> <strong>global</strong><br />

<strong>workwear</strong> <strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong><br />

<strong>reach</strong> <strong>71.2</strong> <strong>billion</strong> <strong>USD</strong><br />

More Info: http://www.qyresearch<strong>global</strong>.com/goods-655940.html<br />

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<strong>QYResearch</strong><br />

• Workwear <strong>is</strong> defined as apparel bought by enterpr<strong>is</strong>es/institutions<br />

which given <strong>to</strong> <strong>the</strong>ir employees <strong>to</strong> perform <strong>the</strong>ir work. Often those<br />

employed within trade industries elect <strong>to</strong> be outfitted in <strong>workwear</strong><br />

because it <strong>is</strong> built <strong>to</strong> provide durability and safety.<br />

• Workwear <strong>is</strong> clothing worn for work, especially work that involves<br />

manual labour. Often those employed within trade industries elect <strong>to</strong><br />

be outfitted in <strong>workwear</strong> because it <strong>is</strong> built <strong>to</strong> provide durability and<br />

safety. Workwear has different functional properties. Anti-static<br />

<strong>workwear</strong> <strong>is</strong> one of <strong>the</strong> largest type, which <strong>is</strong> mainly used in<br />

petroleum industry, coal industry, electronics industry, fireworks<br />

industry and o<strong>the</strong>r industries. And anti-static <strong>workwear</strong> <strong>to</strong>ok up<br />

15.8% of <strong>the</strong> <strong>to</strong>tal production in 2016.<br />

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<strong>QYResearch</strong><br />

• According <strong>to</strong> <strong>QYResearch</strong>, The <strong>global</strong> production of <strong>workwear</strong><br />

increased from 2124.29 M Units in 2012 <strong>to</strong> 3193.90 M Units in<br />

2016 at an average annual growth rate of more than 4.0%.In<br />

2016, <strong>the</strong> <strong>global</strong> <strong>workwear</strong> <strong>market</strong> was valued at 47.3 <strong>billion</strong><br />

<strong>USD</strong>, and by <strong>2023</strong> <strong>the</strong> <strong>global</strong> <strong>workwear</strong> <strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong><br />

<strong>reach</strong> <strong>71.2</strong> <strong>billion</strong> <strong>USD</strong>. VF Corporation <strong>is</strong> a <strong>global</strong> <strong>market</strong> leader.<br />

In 2016, VF Corporation's production <strong>reach</strong>ed 26.05 M Units.<br />

• At present, <strong>the</strong> production of <strong>workwear</strong> <strong>is</strong> d<strong>is</strong>tributed evenly in<br />

North America, Europe, China, Sou<strong>the</strong>rn Asia. China <strong>is</strong> <strong>the</strong><br />

largest production country of <strong>workwear</strong> in <strong>the</strong> world in <strong>the</strong> past<br />

few years and it will keep <strong>the</strong> same position in <strong>the</strong> next few<br />

years. The China <strong>market</strong> <strong>to</strong>ok up about 39.47% in <strong>the</strong> <strong>global</strong><br />

production <strong>market</strong> in 2016. At present, many US companies<br />

have production bases in Central America and Mexico. European<br />

companies are slowly moving <strong>the</strong> production base. To a certain<br />

extent, <strong>the</strong> industry <strong>is</strong> a labor-intensive industry. At present,<br />

China and South Asia's <strong>market</strong> share <strong>is</strong> r<strong>is</strong>ing.<br />

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<strong>QYResearch</strong><br />

The technology of <strong>workwear</strong> industry <strong>is</strong> simple. The <strong>to</strong>p<br />

five manufacturers of <strong>workwear</strong> are VF Corporation,<br />

Williamson Dickie, Aramark, Alsico, Carhartt. Top five<br />

company production only <strong>to</strong>ok up about 3.37% of <strong>the</strong><br />

<strong>global</strong> <strong>market</strong> in 2016. VF Corporation <strong>is</strong> a <strong>global</strong><br />

<strong>market</strong> leader. In 2016, VF Corporation's production<br />

<strong>reach</strong>ed 26.05 M Units.<br />

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