Global Functional Clothing Market: Overview
The increased demand for performance-enhancing clothing and protective clothing to protect people from snow, wind, rain and sun is likely to encourage the global sector to move forward. Furthermore, increasing health awareness among individuals and increased desire to engage in physical exercises that help in preventing different ailments is likely to boost the growth of the global functional clothing market.
Thanks to technical improvements and its ability to help employees improve their performance, functional workwear is gaining traction around the world. People’s lives are changing and there is a growing desire to wear sportswear on a daily basis, which is expected to drive the total demand in the global functional clothing market in the future.
Research on “Global Functional Clothing Market” includes major market segments such as type, fabric, finish, and regional markets. It also examines the current competitiveness of the global functional clothing market over the projected period of 2020 to 2030.
GET A BROCHURE OF THE REPORT
Global Functional Clothing Market: Key Trends
The global demand for functional clothing will likely be driven by increasing disposable income, urbanization and the introduction of technologically enhanced items in developing countries like Bangladesh, China and India. Moreover, in the aforementioned countries, the propulsive movement of rural populations to urban areas is expected to boost the usability of functional clothing.
Durability, safety, better performance, and the availability of many types of items in different materials, such as polyester, synthetics, and cotton, are all driving the demand for functional items. sports clothing.
Additionally, in the mining and construction industries, where workers are exposed to harsh environments, the demand for functional clothing for the workforce is increasing. The introduction of steel-edged gloves and boots, flame and water resistant textiles and the flame monitor are expected to drive the demand for functional clothing. Growing demand from these industries is expected to drive the growth of the global functional clothing market in the coming years.
GET THE TABLE OF CONTENTS OF THE REPORT
Global Functional Clothing Market: Notable Developments
Notable market development in the global functional clothing market is mentioned below:
- In February 2021, Mechanix Wear, the industry leader in high performance hand protection, announced its official cooperation with clim8. The latter is a leading global innovator in smart thermal technology for wearable devices. Mechanix Wear is now the official licensee of clim8® technology work gloves in the United States for the year 2021, thanks to this new partnership. This will allow the company to provide the first work glove in the United States with an intelligent, self-activating and regulating heating system tailored to each individual’s preferred comfort level.
Some of the well-known players of the global functional clothing market are listed below:
- Ralph Lauren Company
- Jockey International, Inc.
- PUMA, SE
- Under Armour, Inc.,
- Nike, Inc.
Global functional clothing market: Regional assessment
North America and Asia-Pacific regions together account for a significant share of the global functional clothing market. Due to increasing disposable income and advanced lifestyles in countries like India, China, and the United States, functional clothing is mostly purchased by people in these regions.
As people in countries like France, UK, Germany, UAE, South Africa and Brazil adopt a culture of exercise in order to lead a healthy life, the market in Europe and in the rest of the world offers enormous development prospects. As a result, it has the potential to increase the demand for various functional garments in the regions.
GET A DISCOUNT ON THE REPORT
About VMR Research
TMR Research powers your business with custom market research reports and consulting services, keeping in mind your unique needs and the challenges you face at all times. Our team of analysts provides you with valuable insights into the current market landscape and its outlook by gleaning and analyzing data from reliable sources. Our goal is to help you find reliable answers for all your crucial business decisions.
3739 Balboa Street #1097,
San Francisco, California 94121