Healthcare Sector to Uphold Demand for Functional Workwear Apparel, Notes Fact.MR
Functional workwear apparel producers are pushing for the expansion of production facilities and operational processes in the near term to keep up with constantly evolving consumer requirements during the pandemic.
"Combining practical workwear with business casuals would minimize health and safety risks arising from any health and environment hazards. This will improve revenue generation from global functional workwear apparel sales in the months ahead, even after the pandemic is brought under control," says the Fact.MR study.
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Functional Workwear Apparel Market- Critical Takeaways
• Performance sportswear will contribute substantially to functional workwear apparel market, while athleisure clothing is expected to gain traction.
• Functional workwear apparel for the service sector is expected to surge as online channels of distribution gain ground.
• Hypermarkets and supermarkets account for a highly functional apparel market, driven by affordability and easy access of products.
• Asia Pacific excluding Japan is a prominent market propelled by growth of construction and industrial developments.
Functional Workwear Apparel Market- Drivers
• Wide scope of application in multiple verticals including medicine, athleisure, and sports, will aid market growth.
• The rising popularity of health and wellness trends is an essential influencer supporting developments in the industry.
• Extensive spending on promotional activities carried out by functional workwear apparel manufacturers will drive value sales.
• Material innovations of UV protection, waterproofing, insulation, and moisture transfer among others are critical to bolstering sales.
Functional Workwear Apparel Market- Restraints
• Lack of adequately skilled man power for production remains a critical problem for manufacturers.
• The rise in utility costs is also restricting operations, hindering the production of functional workwear apparel.
COVID-19 Impact on Functional Workwear Apparel Market
Functional workwear apparel manufacturers are focusing their efforts on minimizing the effect of potential disruptions in supply chains, arising from nationwide lockdowns. The market is anticipated to recover during the first quarter of 2021.
PR Source- https://www.factmr.com/