Market Overview:
The global career wear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for comfortable and stylish workwear among professionals across the globe. Additionally, factors such as rising disposable income, changing lifestyle trends, and growing e-commerce penetration are also contributing to the growth of this market. On the basis of type, the global career wear market is segmented into apparels, footwear, and accessories. The apparel segment is further sub-segmented into tops & bottoms, dresses & skirts, jackets & coats and others (such as headwear). The footwear segment is further sub-segmented into shoes and boots. Accessories include bags & purses; belts; eyewear; hats; scarves; shawls & wraps; socks & tights; sunglasses and others (such as watches). Among these segments, apparels held a major share of the global career wear market in 2017 owing to their comfortability factor coupled with an increase in fashion consciousness among working professionals around thw world . On th basis o application , th e globa l car eer wea r mark et i s segmen ted int o onli ne sa les an d physica l store sales .
Product Definition:
Career wear is clothing that is typically worn by someone who has a specific career. The clothing can be formal or informal, and it can be used to show pride in the individual's profession or to make the individual more comfortable while working.
Apparels:
Apparels are the second largest market for fashion after accessories. The global apparel market size was valued at USD 4,65 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Growing youth population coupled with rapid urbanization has been driving demand for apparel in recent years. Furthermore, changing lifestyles along with increasing disposable income among consumers have also contributed significantly towards growth of this industry globally.
Footwear:
The global footwear market size was valued at USD 485.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Growing population, urbanization, and rising disposable income are some of the key factors driving demand for footwear worldwide.
Application Insights:
The online sales accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the growing use of apparels and footwear among working professionals to enhance their professional appearance. Furthermore, a rise in e-commerce platforms has boosted the overall market as consumers prefer buying products through this medium as it saves time and efforts. However, physical store sales are expected to register a CAGR of XX% from 2018 to 2030 owing to an increase in consumer preference towards shopping at actual stores rather than online due by convenience offered by latter but disadvantages such as lack of knowledge regarding availability of sizes and varieties are expected to drive overall industry growth over next few years.
Career wear is worn by candidates appearing for various examinations including IAS, IPS, IRS & MA/MBA/PGDBFCTs across globe along with appearing In Court For Recruitment Examinations (CREG).
Regional Analysis:
Asia Pacific dominated the global career wear market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of working population, especially in China and India. Growing demand for professional clothing among young professionals is one of the major factors driving regional growth. Additionally, increasing awareness regarding job opportunities along with improving economic conditions are some other factors contributing toward industry growth in this region.
North America accounted for a significant share of global revenue due to growing demand from U.S.
Growth Factors:
- Increasing awareness about the importance of dressing professionally for work.
- Rising number of working women and their increasing demand for career wear.
- Growing trend of workplace casualization, which is driving the demand for more stylish and comfortable career wear options.
- Proliferation of online stores that offer a wide range of career wear options at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Career Wear Market Research Report
By Type
Apparels, Footwear, Accessories
By Application
Online Sales, Physical Store Sales
By Companies
Gap, H&M, Inditex, Kering, L Brands, Hanesbrands, PVH, Burberry, Michael Kors, Prada, Ralph Lauren, Uniqlo, Inditex, Mexx Group, Esprit Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Career Wear Market Report Segments:
The global Career Wear market is segmented on the basis of:
Types
Apparels, Footwear, Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Physical Store Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gap
- H&M
- Inditex
- Kering
- L Brands
- Hanesbrands
- PVH
- Burberry
- Michael Kors
- Prada
- Ralph Lauren
- Uniqlo
- Inditex
- Mexx Group
- Esprit Holdings
Highlights of The Career Wear Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Apparels
- Footwear
- Accessories
- By Application:
- Online Sales
- Physical Store Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Career Wear Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Career wear is clothing that is designed to help you look your best and feel confident while you are working. This can include clothes like suits, skirts, blouses, and ties. It can also include accessories like hats or eyeglasses.
Some of the major players in the career wear market are Gap, H&M, Inditex, Kering, L Brands, Hanesbrands, PVH, Burberry, Michael Kors, Prada, Ralph Lauren, Uniqlo, Inditex, Mexx Group, Esprit Holdings.
The career wear market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Career Wear Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Career Wear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Career Wear Market - Supply Chain
4.5. Global Career Wear Market Forecast
4.5.1. Career Wear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Career Wear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Career Wear Market Absolute $ Opportunity
5. Global Career Wear Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Career Wear Market Size and Volume Forecast by Type
5.3.1. Apparels
5.3.2. Footwear
5.3.3. Accessories
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Career Wear Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Career Wear Market Size and Volume Forecast by Application
6.3.1. Online Sales
6.3.2. Physical Store Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Career Wear Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Career Wear Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Career Wear Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Career Wear Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Career Wear Demand Share Forecast, 2019-2026
9. North America Career Wear Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Career Wear Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Career Wear Market Size and Volume Forecast by Application
9.4.1. Online Sales
9.4.2. Physical Store Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Career Wear Market Size and Volume Forecast by Type
9.7.1. Apparels
9.7.2. Footwear
9.7.3. Accessories
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Career Wear Demand Share Forecast, 2019-2026
10. Latin America Career Wear Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Career Wear Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Career Wear Market Size and Volume Forecast by Application
10.4.1. Online Sales
10.4.2. Physical Store Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Career Wear Market Size and Volume Forecast by Type
10.7.1. Apparels
10.7.2. Footwear
10.7.3. Accessories
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Career Wear Demand Share Forecast, 2019-2026
11. Europe Career Wear Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Career Wear Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Career Wear Market Size and Volume Forecast by Application
11.4.1. Online Sales
11.4.2. Physical Store Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Career Wear Market Size and Volume Forecast by Type
11.7.1. Apparels
11.7.2. Footwear
11.7.3. Accessories
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Career Wear Demand Share, 2019-2026
12. Asia Pacific Career Wear Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Career Wear Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Career Wear Market Size and Volume Forecast by Application
12.4.1. Online Sales
12.4.2. Physical Store Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Career Wear Market Size and Volume Forecast by Type
12.7.1. Apparels
12.7.2. Footwear
12.7.3. Accessories
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Career Wear Demand Share, 2019-2026
13. Middle East & Africa Career Wear Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Career Wear Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Career Wear Market Size and Volume Forecast by Application
13.4.1. Online Sales
13.4.2. Physical Store Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Career Wear Market Size and Volume Forecast by Type
13.7.1. Apparels
13.7.2. Footwear
13.7.3. Accessories
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Career Wear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Career Wear Market: Market Share Analysis
14.2. Career Wear Distributors and Customers
14.3. Career Wear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gap
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H&M
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Inditex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. L Brands
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hanesbrands
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PVH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Burberry
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Michael Kors
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Prada
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ralph Lauren
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Uniqlo
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Inditex
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mexx Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Esprit Holdings
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
