Market Overview:
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
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies 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 showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Corporate Clothing Market Study:
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)
Corporate Clothing Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Manufacturing Industry, Service Industry, Mining Industry, Agriculture & Forestry Industry and Others |
Type | General Workwear, Corporate Workwear and Uniforms |
Material | Cotton,Silk,Rayon,Other |
Influencing Trend:
Casualization of offices and the resulting growing prominence of smart business casuals and Benefits of corporate clothing driving adoption rates across all industry verticals include a perception of professionalism offered by clothing
Market Growth Drivers:
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
Challenges:
Changing consumer preferences
Restraints:
High cost associated with functional corporate apparel and Lack of awareness about the importance of corporate clothing
Opportunities:
Government regulations & policies and Rise in fashion consciousness among youth
Some of the other players that are also part of study are Hultafors Group (Sweden), Johnsons Apparelmaster (England), Aditya Birla (India), Van Puijenbroek Textiel (Netherlands) and Cherokee Uniforms (United States).
Latest Industry Highlights:
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
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
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 into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Corporate Clothing market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the 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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.