How Much Is The High Visibility Clothing Industry Worth? April 14, 2022
Transparency Market Research delivers key insights into the global high visibility
clothing market. In terms of revenue, the global high visibility clothing market is estimated to expand at a CAGR of 6% during the forecast period of 2020 to 2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global high visibility clothing market report.
In the report, TMR predicts that the global high visibility clothing market would be largely driven by rising awareness about worker safety in the construction industry, which is expected to continue to boost the market during the forecast period.
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Safety and health issues are being increasingly given preference across all industries due to the enforcement of various laws in different regions. These laws include OSHA (Occupation Safety & Health Administration) in the U.S. and CCHS in Canada.
Awareness among workers about their rights and safety measures have led to extensive adoption of personnel protective gear. High visibility clothing has been a major part of such gear and is being increasingly adopted among workers working in dangerous and dark surroundings such as mining.
According to a survey conducted in the U.S. for views of industrial workers on safety clothing, more than 70% of participants preferred comfort over style. Consequently, mainstream players are focused on the development of lightweight materials with enhanced comfort in their clothing line-up. Textile manufacturers are entering the high visibility clothing market by understanding its global demand. Local clothing manufacturers have also forayed into the manufacturing of high visibility clothing, which are cost-effective, as compared to products offered by mainstream players, thereby hampering the market for major key players. Manufacturers have developed online portals due to order of such clothing in bulk, to avoid the intermediates between them and customers, through which an industrial organization can order the