South & Central America Workwear Market Forecast to 2030 - Regional Analysis - by Product Type (Topwear, Bottomwear, and Coveralls), Category (Men, Women, and Unisex), Distribution Channel (Wholesalers, Supermarkets and Hypermarkets, Specialty Stores, and Online Platforms), and End Use (Construction, Oil and Gas, Chemicals, Healthcare, and Others)
The South & Central America workwear market was valued at US$ 1,729.05 million in 2022 and is expected to reach US$ 2,752.93 million by 2030; it is estimated to register at a CAGR of 6.0% from 2022 to 2030.
Adoption of E-commerce Sales Channel Fuels South & Central America Workwear MarketThe organized retail sector has undergone a massive transformation recently. The emergence of e-commerce has resulted in considerable changes in how people shop and spend their money. A rise in penetration of smartphones and the internet, easy access to emerging technologies, a surge in purchasing power, and convenience provided by online retail shopping platforms from anywhere at any time are a few of the major factors bolstering the growth of e-commerce.
Key manufacturers in the region have partnered with online retailers such as Amazon and Alibaba to deliver bulk industrial products such as personal protective equipment to industries and individual consumers. Additionally, with the increasing penetration of online shopping, manufacturers are indulged in direct-to-customer (D2C) distribution channel, by launching their own online retail sites and eliminating the need to invest in expensive marketing and distribution infrastructure. Through these websites, manufacturers take bulk orders from end-use industries and sell products to customers. Thus, the consumers' increasing dependency on e-commerce services and the adoption of the D-to-C strategy by manufacturers are expected to open lucrative opportunities for the workwear market growth in the coming years.
South & Central America Workwear Market OverviewThe South & Central America workwear market is segmented into Brazil, Argentina, and the Rest of South & Central America. The COVID-19 pandemic resulted in the expansion of the healthcare workwear market in South America. For instance, the COVID-19 pandemic adversely affected the Brazilian population, which led to patient overflow in the hospitals and other public healthcare sectors. Brazil recorded more than 4.5 million cases of COVID-19 in September 2020. In April 2020, the National Health Surveillance Agency (ANVISA) issued a series of resolutions and announcements about COVID-19 that emphasized the use of disposable hospital gowns as a part of personal protective equipment (PPE) kit to be used by healthcare workers at the COVID 19 centers. The PPE kit usually consists of a fluid-resistant or impermeable gown with long sleeves. This led to Brazilian artisans focusing on making protective gear to meet the high requirements of the country's pandemic situation, thereby bolstering the workwear market growth.
From the past few years, the emerging industrialization in South & Central America anticipates an extensive increase in job opportunities. Therefore, the rising industrialization and increasing number of work professionals in the region are witnessing lucrative opportunities for workwear market growth. According to The International Association of Oil & Gas Producers (IOGP) 2021 report, oil production in Central & South America is high and accounts for 7.5 million daily barrels. Venezuela and Brazil currently dominate Central & South American oil production. Due to the rise in oil production in the region, the hazards of vehicle collisions, explosions, and fires are tremendously increasing. Thus, increasing hazards encourage various sectors to invest more in work safety.
Further, the government has imposed stringent regulations on workwear fabrics. Hence, the manufacturers and other importing companies follow local standards for workwear. Thus, the factors mentioned above are driving the market growth.
Further, SENTISTA SA and Retter Work Wear are prominent workwear manufacturers operating actively in South & Central America. They provide a wide range of workwear, including anti-static coveralls, safety vests, BIB trousers, jackets, and reflective coveralls. Thus, major workwear manufacturers in the region are driving the market growth.
South & Central America Workwear Market Revenue and Forecast to 2030 (US$ Million)South & Central America Workwear Market SegmentationThe South & Central America workwear market is segmented based on product type, category, distribution channel, end use, and country.
Based on product type, the South & Central America workwear market is bifurcated into topwear, bottomwear, and coveralls. The topwear segment held the largest share in 2022.
In terms of category, the South & Central America workwear market is segmented into men, women, and unisex. The men segment held the largest share in 2022.
Based on distribution channel, the South & Central America workwear market is segmented into wholesalers, supermarkets and hypermarkets, specialty stores, and online platforms. The wholesalers segment held the largest share in 2022.
By end use, the South & Central America workwear market is segmented into construction, oil and gas, chemicals, healthcare, and others. The others segment held the largest share in 2022.
Based on country, the South & Central America workwear market is categorized into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America workwear market in 2022.
ARAMARK, 3M, Honeywell International Inc., and Lakeland Industries Inc are some of the leading companies operating in the South & Central America workwear market.
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