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Global Functional Apparel Market to Expand with Growing Concerns about Safety of Employees across Industrial Units

The demand within the global functional apparel market is rising on account of advancements in the field of sports and athletics. Transparency Market Research (TMR) finds that functional apparels have become immensely popular across multiple domains and industries. This majorly owes to the rising level of standardization across various industries. Functional clothing has especially been in high demand across the sports fraternity, majorly due to the focus given on comfort of players and athletes. 

A large population of people has shown an inclination towards wearing well-fitted clothes and shoes. This propensity owes to the successful execution of promotional campaigns by apparel vendors. The use of social media to influence the fashion quotient of the masses has played a vital role in the growth of the global functional apparel market. Moreover, difficulties in finding the right fit has driven people towards the use of functional apparel. 

The investment dynamics of the global functional apparel market have improved by leaps and bounds. This is due to the growing popularity of outdoor clothing across the world. Furthermore, the lucrative opportunities that float in the global functional apparel market have also compelled global stakeholders to put their money into it. 

Transparency Market Research (TMR) predicts that the global functional apparel market would expand at a healthy CAGR of 6.0% over the period between 2018 and 2026. The total value of the global functional apparel market is projected to touch US$ 596.4 Bn by 2026. Several factors pertaining to advancements in the global clothing sector are behind this stellar growth projection. functional apparel industry

Use of Functional Apparel in the Industrial Sector 

Safety and wellbeing of workers is amongst the top priorities of manufacturing units and industries. Several industries such as chemical, pharmaceuticals, and automobiles subject workers to harsh and hazardous environment. Hence, functional apparels are extensively used across the manufacturing sector. Government ordinances related to the safety of industrial workers have played a major role in the growth of the global functional apparel market. 

Growing Number of Adventure Expeditions 

Functional clothing is extensively used by trekkers, mountain climbers, and other adventure enthusiasts. This factor has also played a major role in the growth of the global functional apparel market. The use of functional apparels offers comfort, enhances safety, and eases the journey of travellers and trekkers. Cross-country biking expeditions have also become popular amongst youngsters. This trend shall also reek of growth within the global functional apparel market. 

The use of functional apparel by fitness enthusiasts and weightlifters has also created a plethora of opportunities in the global market. There is a recurring need for custom shoes, socks, and other apparels in the fitness industry. 

North America to Lead Market Growth 

On the basis of geography, the global functional apparel market is segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The functional apparel market in North America is expanding alongside advancements in the field of adventure sports and trekking. The functional apparel market in Asia Pacific is projected to expand as sports tourism to the region gathers swing. 

Competitive Dynamics of the Market 

The vendors in the global functional apparel market are expected to enter into strategic alliances and partnerships in order to fetch the benefits of mutual growth. The leading vendors in the apparel market are focusing on meeting the needs of all population demographics. 

The review is based on TMR’s report titled, “Functional Apparel Market (Type - Sportswear, Outdoor Clothing, Innerwear (Athletic, Non Athletic), Footwear (Athletic, Non-Athletic), Socks (Athletic, Non-Athletic), Swimwear (Athletic, Non-Athletic); Fabric - Conventional Fabric (Polypropylene, Cotton, Bamboo, Wool, Polyester), Specialty Fabric (Neoprene, Spandex); Finishing - Water Resistant, Anti-microbial, Wicking, Stain Resistant, Others (Fire Resistant, UV Resistant etc.)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”. 

The global functional apparel market is segmented as: 

Global Functional Apparel Market, by Type 

  • Sportswear
  • Outdoor Clothing
  • Innerwear
    • Athletic
    • Non-Athletic
  • Footwear
    • Athletic
    • Non-Athletic
  • Socks
    • Athletic
    • Non-Athletic
  • Swimwear
    • Athletic
    • Non-Athletic 

Global Functional Apparel Market, by Fabric 

  • Conventional Fabric
    • Polypropylene
    • Cotton
    • Bamboo
    • Wool
    • Polyester
  • Specialty Fabric
    • Neoprene
    • Spandex
  • Others 

Global Functional Apparel Market, by Finishing 

  • Water resistant
  • Anti-microbial
  • Wicking
  • Stain resistant
  • Others 

Global Functional Apparel Market, by Geography 

  • North America
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
    • Functional Apparel Market, by Country
      • Canada
      • Mexico
      • Rest of North America
  • Europe
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
    • Functional Apparel Market, by Country
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Rest of Europe
  • Asia Pacific
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
    • Functional Apparel Market, by Country
      • China
      • India
      • Japan
      • Australia
      • Rest of Asia Pacific
  • China
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
  • India
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
  • Japan
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
  • Australia
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
  • Middle East & Africa
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
    • Functional Apparel Market, by Country
      • GCC
      • South Africa
      • Rest of Middle East &Africa
  • South America
    • Functional Apparel Market, by Type
    • Functional Apparel Market, by Fabric
    • Functional Apparel Market, by Finishing
    • Functional Apparel Market, by Country
      • Brazil
      • Peru
      • Rest of South America 

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. 

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