This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Working up: Industry revenue is expected to rise in 2023-24 despite poor macroeconomic conditions
Manufacturers primarily produce work shirts, overalls and high-visibility garments. The level of activity in downstream industries determines sales of workwear clothing. Domestic workwear manufacturers contend with high import penetration, weighing prices and profit. Economic uncertainty has constrained business confidence recently, as Brexit and the pandemic have burdened the UK economy. This has constrained business growth and limited demand for workwear. As a result, industry revenue is forecast to fall at a compound annual rate of 0.8% over the five years through 2023-24 to £299.6 million, including revenue expansion of 5.9% in 2023-24.
Companies within this industry manufacture specialised workwear for use in a variety of downstream industries. The manufacturing of footwear and fire-resistant and protective safety clothing do not fall under this industry.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alsico Laucuba Ltd
- Elis UK Ltd
Methodology
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