Industry Background:
A uniform is known as a type of clothing worn by members of an organization while participating in the organization's activity. Corporate workplaces of today need to reinterpret that what uniform should be by offering a signature ‘uniform wardrobe’ that staff can make on their own. The market of corporate uniforms is increasing due to the innovations in the material which is promising enhanced performance, safety, style, comfort, and functionality. But the market of corporate uniforms 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 uniform
This growth is primarily driven by Material innovations promising enhanced performance, style, safety, comfort, and functionality, New employment opportunities supported by the expansion of the various industry and Advent of e-commerce.
Globally, a noticeable market trend is evident Casualization of offices and the resulting growing prominence of smart business casuals
. The Apparel, Accessories & Luxury Goods sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as VF Corporation (United States), Williamson Dickie (United States), Fristads Kansas Group (Sweden), Aramark (United States), Alsico (Belgium), Engelbert Strauss (Germany), UniFirst (United States), G&K Services (United States), Sioen (Belgium) and Cintas (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
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
Market Drivers
- Material innovations promising enhanced performance, style, safety, comfort, and functionality
- New employment opportunities supported by the expansion of the various industry
- Advent of e-commerce
Market Trend
- Casualization of offices and the resulting growing prominence of smart business casuals
- Benefits of corporate uniform driving adoption rates across all industry verticals include perception of professionalism offered by uniforms
Restraints
- High cost associated with functional corporate apparel
- Lack of awareness about the importance of corporate uniform
Opportunities
Government regulations & policies and Rise in fashion consciousness among youth
Challenges
Changing consumer preferences
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Corporate Uniforms Study Sheds Light on
The Corporate Uniforms Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Corporate Uniforms industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Corporate Uniforms industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.