Market Highlights: Corporate Clothing is known as a type of clothing worn by members of an organization while participating in the organization's activity. In the Corporate workplaces, there is a need to reinterpret what uniform should be by offering a signature ‘uniform wardrobe’ that staff can make on their own. The market of Corporate Clothing is increasing due to the innovations in the material which is promising enhanced performance, safety, style, comfort, and functionality. But the market of Corporate Clothing is hindering due to some of the factors such as the high cost associated with functional corporate apparel and also there is lacking in the awareness about the importance of Corporate Clothing The market study is being classified by Type (General Workwear, Corporate Workwear and Uniforms), by Application (Manufacturing Industry, Service Industry, Mining Industry, Agriculture & Forestry Industry and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Corporate Clothing are VF Corporation (United States), Fristads Kansas Group (Sweden), Aramark (United States), Alsico (Belgium), Engelbert Strauss (Germany), UniFirst (United States), Sioen (Belgium), Cintas (United States), Genumark Promotional Merchandise Inc. (Canada) and Elite Promotional Marketing (Canada).
The Material, such as Cotton, is boosting the Corporate Clothing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, announced that it has completed its previously announced acquisition of Williamson-Dickie Mfg. Co., a family-owned, private workwear company VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, announced that Kontoor Brands, Inc. will be the name of the independent, publicly traded company that will result from its previously announced separation of VF’s Jeanswear organization
Key Questions Answered in the Report What will the Corporate Clothing Market size and the growth rate be in Future? What are the key factors driving the Corporate Clothing Market? What are the key market trends and macro-economic impacting the growth of the Corporate Clothing Market? What are the challenges to market growth? Who are the key vendors in the Corporate Clothing Market? What are the market opportunities and threats faced by the vendors in the Corporate Clothing Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Corporate Clothing Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Corporate Clothing market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Corporate Clothing market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Corporate Clothing Manufacturer, Sub-component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities, Research organisation and associations and End users. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.