Global Fashion and Lifestyle Market (2020 to 2024) – Size & Forecasts with Impact Analysis of COVID-19

The “Global Fashion and Lifestyle Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024)” report has been added to ResearchAndMarkets.com’s offering.

This report provides detailed analysis of the global fashion and lifestyle market in terms of value, growth and subsequent segments.

The report also provides a regional analysis of the fashion and lifestyle market with a focus on China. Under a competitive landscape, the online fashion and lifestyle companies (further split into generalist and specialist) have been compared on the basis of revenue and market capitalization.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall fashion and lifestyle market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Company Coverage

The global fashion and lifestyle market can be segmented on the basis of products, gender, distribution channel and price range. Apparels, footwear, beauty products and accessories such as jewelry, handbags, watches etc. are the subcategories of the market under its product segment. Menswear and womenswear are classifications under the gender category. On the basis of distribution channel, the market can be bifurcated into online (e-commerce and fashion retailer websites) and offline (such as physical stores and shopping malls).

The global fashion and lifestyle market is projected to grow at a healthy rate through the forecast period (2020-2024). Improving purchasing capacity due to hike in personal disposable income, hike in number of smartphone users, greater preference of customers to purchase fashion accessories through online channels are some of the crucial factors driving the growth of the market. The market is also confronted by some challenges such as rapidly changing consumer preferences, high risk of inventory write off and vulnerability to technological disruptions. Efforts by fashion retailers to provide a more personalized experience, Generation Z evolving as a lucrative customer segment, innovations through technology, revamping offline shopping experiences, spike in Mergers and Acquisitions (M&A) transaction activity and the emergence of athleisure are some of the latest trends existing in the market that have been captured in this report.

The ongoing COVID-19 pandemic is leading to massive unemployment and even those who are managing to keep their jobs intact have become victims of massive job insecurity. Due to this, the incomes of people has decreased significantly. As a result, they are forced to cut down their expenses on non-essential items such as fashion products and save money for future emergencies. Furthermore, with more and more people staying at homes the demand for apparels, footwear, and accessories has dipped significantly. This is because many of them are not feeling the need to spend on these products. The current dip in the market is not due to some fundamental weakness within the industry and is only because of the black swan event- Covid-19. And as such, the demand for fashion products is estimated to normalize by next

On the Market: Weston colonial offers ‘beauty in every season’

Published

10:38 am EDT, Wednesday, October 21, 2020


WESTON — The owners of the gray colonial house at 9 Little Fox Lane, in Lower Weston, have appreciated the beauty of their natural surroundings in every season, but never more than this time of year when summer leaves of green transform into fall foliage ablaze in various shades of red, orange and yellow.

They have also appreciated the convenience of their home’s location, only two minutes from the public library, town offices and award-winning public schools in Weston center and about 10 minutes from neighboring Westport. Yet they experience “the peaceful feel of being far away in the country somewhere surrounded by majestic trees and dappled greenery everywhere … There is much beauty in every season of the year.”


This property of just over two acres is adorned in attractive professional landscaping, including garden paths, specimen trees, manicured shrubbery, stone walls and English gardens.



“We did extensive stone work and landscaping over the years,” one owner said. The gardens are very well cared for and some have suggested to the owners that those gardens are magazine publication-worthy. “Even the shed is enchanting,” they said.


The visual beauty of the property, which is visible from every window in every part of the house, is enhanced by the serenade from songbirds.

The owners have the added benefit of proximity to the Lucius Pond Ordway Devil’s Den Nature Preserve and its miles of hiking trails. At 1,756 acres, it is the Nature Conservancy’s largest preserve in Connecticut. Sadly, Devil’s Den remains closed for the time being but when it re-opens it will provide this home’s next family with untold hours of hiking, bird watching, and nature appreciation. This 10-room house is also within walking distance of the municipal Bisceglie Park.


The house was built in 1961 and has been meticulously maintained over the years.

“We have had, by and large, the same service providers over 25 years (for fuel delivery, landscaping, tree maintenance and snow plowing),” one owner said.


ABOUT THIS HOUSE

STYLE: Colonial

ADDRESS: 9 Little Fox Lane, Weston

PRICE: $650,000

ROOMS: 10

FEATURES: 2.03-acre level, sloping, and wooded property, patio, garden paths, professional landscaping, sprinkler system, specimen trees, English gardens, exterior lighting, heated porch, special electrical line for charging battery-operated car, propane-fired backup generator; only two minutes to

Cloud Monitoring Market Research Report by Service Model, by Component, by Application – Global Forecast to 2025

Cloud Monitoring Market Research Report by Service Model (Infrastructure as a Service, Platform as a Service, and Software as a Service), by Component (Services and Solution), by Application – Global Forecast to 2025 – Cumulative Impact of COVID-19

New York, Oct. 21, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Cloud Monitoring Market Research Report by Service Model, by Component, by Application – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913864/?utm_source=GNW

The Global Cloud Monitoring Market is expected to grow from USD 808.03 Million in 2019 to USD 1,878.02 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 15.09%.

Market Segmentation & Coverage:
This research report categorizes the Cloud Monitoring to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Service Model, the Cloud Monitoring Market studied across Infrastructure as a Service, Platform as a Service, and Software as a Service.

Based on Component, the Cloud Monitoring Market studied across Services and Solution.

Based on Application, the Cloud Monitoring Market studied across Banking, Financial Services, Healthcare and Life Sciences, Insurance, Manufacturing, Manufacturing, Media and Entertainment, Retail and Consumer Goods, and Telecommunications and ITes.

Based on Geography, the Cloud Monitoring Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Company Usability Profiles:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Cloud Monitoring Market including CA Technologies, Cloudyn, Datadog, Dynatrace, Idera, Kaseya, Logicmonitor, Sevone, Solarwinds, and Zenoss.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Cloud Monitoring Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering

Dental Handpieces (Dental Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)

Summary Market Analysis and Forecast Models are built to visualize quantitative market trends within a specific therapeutic area. Each model is segmented further to provide granularity and pertinent data for respective markets.

New York, Oct. 20, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Dental Handpieces (Dental Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)” – https://www.reportlinker.com/p05978033/?utm_source=GNW

To increase the data transparency, the interactive excel deliverable covers installed base, new sales volumes, product usage, average selling prices, and company share analysis.We provide epidemiology based indications with procedure volumes.

All the models are color-coded and fully-sourced, moreover, analyst comments with qualitative insight offer context for quantitative data.

Robust methodologies and sources enable our models to provide extensive and accurate overviews of markets.Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders.

The analyst conducts thousands of interviews with demand side participants, most of them are physicians, surgeons, and specialists within their therapeutic areas. In addition, real world data sources are leveraged to determine market trends, these include government procedure databases, hospital purchasing databases, and proprietary online databases.

The model discusses in detail the impact of COVID-19 on dental handpiece market for the year 2020 and beyond.The dental handpiece market is divided into electric and air-driven handpieces.

Electric devices are the newer technology however the conventional air-driven handpieces are still dominant in the market globally.Handpieces are used for various dental applications such as endodontic procedures, caries removal, implantology and prophylactic use.

Handpieces are used at varying speeds from low to high speed models available both in air and electric modalities.

Currently marketed Dental Handpieces market and evolving competitive landscape –
– Insightful review of the key industry trends.
– Annualized total Dental Handpieces market revenue by segment and market outlooks from 2015-2030.
– Granular data on total procedures, units, average selling prices and market values by segment.

Scope
This Market Model gives important, expert insight you won’t find in any other source.

The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –
– CMO executives who must have deep understanding of the Dental Handpieces marketplace to make strategic planning and investment decisions.
– Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
– Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy
The model will enable you to –
– Understand the impact of COVID-19 on Dental Handpieces market.
– Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
– Develop business strategies by understanding the trends shaping and driving Dental Handpieces market.
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Dental Handpieces market in the future.

Dental Cameras (Dental Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)

Summary Market Analysis and Forecast Models are built to visualize quantitative market trends within a specific therapeutic area. Each model is segmented further to provide granularity and pertinent data for respective markets.

New York, Oct. 20, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Dental Cameras (Dental Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)” – https://www.reportlinker.com/p05978036/?utm_source=GNW

To increase the data transparency, the interactive excel deliverable covers installed base, new sales volumes, product usage, average selling prices, and company share analysis.We provide epidemiology based indications with procedure volumes.

All the models are color-coded and fully-sourced, moreover, analyst comments with qualitative insight offer context for quantitative data.

Robust methodologies and sources enable our models to provide extensive and accurate overviews of markets.Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders.

The analyst conducts thousands of interviews with demand side participants, most of them are physicians, surgeons, and specialists within their therapeutic areas. In addition, real world data sources are leveraged to determine market trends, these include government procedure databases, hospital purchasing databases, and proprietary online databases.

The model discusses in detail the impact of COVID-19 on Dental Cameras market for the year 2020 and beyond.In dental practices, dental cameras have increasingly been integrated within the conventional workflow leading to better results for patients and protecting practitioners in the process as well.

The recent increase in adoption of dental cameras is due to technological advances which has lead to ease in use.

Currently marketed Dental Cameras market and evolving competitive landscape –
– Insightful review of the key industry trends.
– Annualized total Dental Cameras market revenue by segment and market outlooks from 2015-2030.
– Granular data on total procedures, units, average selling prices and market values by segment.

Scope
This Market Model gives important, expert insight you won’t find in any other source.

The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –
– CMO executives who must have deep understanding of the Dental Cameras marketplace to make strategic planning and investment decisions.
– Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
– Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy
The model will enable you to –
– Understand the impact of COVID-19 on Dental Cameras market.
– Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
– Develop business strategies by understanding the trends shaping and driving Dental Cameras market.
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Dental Cameras market in the future.
– Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share

Dental Materials (Dental Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)

Summary Market Analysis and Forecast Models are built to visualize quantitative market trends within a specific therapeutic area. Each model is segmented further to provide granularity and pertinent data for respective markets.

New York, Oct. 20, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Dental Materials (Dental Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact)” – https://www.reportlinker.com/p05978041/?utm_source=GNW

To increase the data transparency, the interactive excel deliverable covers installed base, new sales volumes, product usage, average selling prices, and company share analysis.We provide epidemiology based indications with procedure volumes.

All the models are color-coded and fully-sourced, moreover, analyst comments with qualitative insight offer context for quantitative data.

Robust methodologies and sources enable our models to provide extensive and accurate overviews of markets.Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders.

The analyst conducts thousands of interviews with demand side participants, most of them are physicians, surgeons, and specialists within their therapeutic areas. In addition, real world data sources are leveraged to determine market trends, these include government procedure databases, hospital purchasing databases, and proprietary online databases.

The model discusses in detail the impact of COVID-19 on dental materials market for the year 2020 and beyond.Dental materials include cements, bonding materials and impression materials, which are used in many dental procedures.

Dental Cements, bonding materials and impression materials are used in miscellaneous dental procedures.Dental cements are used for filling cavities or anchoring crowns, inlays, or other restorations.

Bonding materials are used to create a bond between dentin and enamel for filling agents.Dental impression kits are used to make negative replicas of the oral cavity, which can be used for customized dental treatments.

The market for Dental Materials is mature and growing at a stable pace.

Currently marketed Dental Materials market and evolving competitive landscape –
– Insightful review of the key industry trends.
– Annualized total Dental Materials market revenue by segment and market outlooks from 2015-2030.
– Granular data on total procedures, units, average selling prices and market values by segment.

Scope
This Market Model gives important, expert insight you won’t find in any other source.

The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –
– CMO executives who must have deep understanding of the Dental Materials marketplace to make strategic planning and investment decisions.
– Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
– Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy
The model will enable you to –
– Understand the impact of COVID-19 on Dental Materials market.
– Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
– Develop business strategies by understanding the trends shaping and driving Dental Materials market.

Global Motorcycle Rider Accessories Market 2020-2024: Market is Poised to Grow by $ 2.27 Billion

The “Global Motorcycle Rider Accessories Market 2020-2024” report has been added to ResearchAndMarkets.com’s offering.

The motorcycle rider accessories market is poised to grow by $ 2.27 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period.

The reports on motorcycle rider accessories market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of road accidents, regulatory mandates for using motorcycle helmets and growing popularity of long-distance motorcycle trips. In addition, increasing number of road accidents is anticipated to boost the growth of the market as well.

This study identifies the growing online purchase of protective motorbike riding gears as one of the prime reasons driving the motorcycle rider accessories market growth during the next few years. Also, growing popularity of smart helmets and growing popularity of smart helmets will lead to sizable demand in the market.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading motorcycle rider accessories market vendors that include Alpinestars Spa, Arai Helmet (Europe) BV, Dainese Spa, FLY Racing, Fox Racing Inc., Monomoy Capital Partners, Schuberth GmbH, Sena Technologies Inc., SHOEI Co. Ltd., and SULLIVANS Inc.

Also, the motorcycle rider accessories market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Product

  • Market segments

  • Comparison by Product

  • Helmets – Market size and forecast 2019-2024

  • Apparel – Market size and forecast 2019-2024

  • Gloves – Market size and forecast 2019-2024

  • Others – Market size and forecast 2019-2024

  • Market opportunity by Product

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • MEA – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/595ofl

View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005827/en/

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Global Edge Computing Market to 2028 by Deployment Model, Technology, Component, Application, End-user & Competitive Landscape

DUBLIN, Oct. 20, 2020 /PRNewswire/ — The “Edge Computing Market By Deployment Model, By Technology Type, By Component, By Application, By End-use – Growth, Future Prospects And Competitive Landscape, 2020 – 2028” report has been added to ResearchAndMarkets.com’s offering.

Edge computing market surpassed the market value of US$ 3.91Bn in 2019, with CAGR of 14.2% during the forecast period from 2020 to 2028.

This research report presents the analysis of each segment from 2018 to 2028 considering 2019 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2020 to 2028.

Data Explosion along with Decentralized Cloud to Stimulate the Demand for Edge Computing Market

Essentially directed by North America, edge computing market is majorly driven by opportunities in cloud computing. Cloud research has rapidly paved the way for many competitors in a fragmented market. Although the vision of offering computation in utility has achieved, the research space is still far from saturation and offers interesting opportunities. Centralized cloud computing may not be the best strategy for applications that are geographically distributed. Computing needs to perform closer to the source of the data to improve the service that output to deliver. Application of edge computing making it possible for real-time applications with a serious reduction in latency between an edge device and cloud.

Further, the number of edge devices is growing at an immense rate, such as by 2020, more than half of the population expected to have smartphones. Consequently, the volume of data that will get generate is also expected to increase with an enormous rate.

For instance, it is projected that over 45 Tn Gigabytes of data will be generated in 2020. This presents the potential of using edge computing that places nodes hop away in the network for complementing computations of the device or of the data center. This helps to cope with the growth of data as well as distributing traffic in a network.

Fog Computing Segment to Cement its Dominance in Edge Computing Market

The Fog computing platform has a broad range of applications with initial application remark in a connected vehicle, smart buildings, smart grid, and wireless sensor & actuator networks (WSAN) among several others. Fog computing further highlighted its vital application in augmented reality, content delivery, and mobile big data analytics. Fog computing has a number of unique properties, such as its close distance to application end. It is important to keep computing resources at the edge of the network to support latency-sensitive applications and services.

Another interesting property is location-awareness; the geo-distributed node offers to direct its own location and track end-user devices to support mobility. In the era of big data, fog computing accounted to support edge analytics and stream mining that can process and reduce the volume of data at the initial stage, thus cut down delay and save bandwidth.

Growing Adoption of Internet of Things (IoT) Devices along with Cloud Computing Technology to Ensure Dominating

The Consumer Behind Fashion’s Growing Secondhand Market

The global secondhand market is predicted to grow by a CAGR of 15% to 20%

Secondhand consumption is largely driven by consumers’ desires for affordability, selection availability, and sustainability

Customer segmentation is key to understanding secondhand commerce

PARIS, Oct. 20, 2020 /PRNewswire/ — Vestiaire Collective, the leading global community platform for desirable preowned fashion, and Boston Consulting Group have partnered for the second year running to release a new survey, The Consumers Behind Fashion’s Growing Secondhand Market, exploring the evolving dynamics of the global resale market. The survey—of 7,000 individuals from six countries—reveals the diverse customer attitudes and behaviors of its respondents, the growing importance of sustainability—among other drivers—in driving the resale boom, and some of the ways luxury brands can benefit from the growing resale market.

Vestiaire Collective x BCG: The Consumer Behind Fashion’s Growing Secondhand MarketVestiaire Collective x BCG: The Consumer Behind Fashion’s Growing Secondhand Market
Vestiaire Collective x BCG: The Consumer Behind Fashion’s Growing Secondhand Market

The resale market is currently estimated to be worth $30 to $40 billion, with the market predicted to grow by a CAGR of 15% to 20% globally over the next 5 years, and even higher in developed markets, which could see a 100% YoY growth. The expansion is being driven by an increase in the number of customers starting to buy secondhand and by the number of secondhand pieces consumers are purchasing. Combined, these developments are leading to a share of secondhand clothing in people’s closets that is predicted to grow from 21% in 2020 to 27% in 2023. 

Accelerated Consumer Trends

Although affordability, selection availability, and item uniqueness have contributed to the growing popularity of the secondhand market, the survey reveals that consumers’ mounting environmental concerns are also contributing to the secondhand market’s growth. This shift has been further accelerated by the pandemic, with 70% of respondents in 2020 saying they feel compelled to shop for preowned goods in an effort to become more sustainable, compared with 62% in 2018. 

A Thriving Secondhand Market Drives Sustainable Consumption

The survey also reveals shoppers’ wants: to own fewer, better pieces; to reduce overconsumption; and to take better care of what’s in their closets. The presence of a thriving preowned market encourages all three goals.

  • The Upscale Effect: “Buy Fewer, Better Items.”
    85% of preowned buyers participate to reduce overconsumption by trading up fast fashion to fewer, higher-quality, longer-lasting items.

  • The Durability Boost: “Take Greater Care of My Things.”
    70% of fashion consumers say that the existence of a secondhand market encourages them to take better care of the items they own.

  • The Circular Life Cycle.
    60% of sellers would have not given a second life to their pieces without the secondhand market.

Customer Segmentation Is Key to Understanding Engagement in the Secondhand Market

Looking beyond general preferences, the report also identifies six consumer segments, each with distinct attitudes and behaviors, representing the various ways in which participants engage with the secondhand market. The analysis offers valuable insights to help brands better understand the shoppers of today and tomorrow, which will also be useful in recognizing how secondhand consumers may evolve

Global High-Visibility Clothing Market | Demand for High-visibility Clothing From Manufacturing Industry to Boost Market Growth

The global high-visibility clothing market size is poised to grow by USD 120.22 million during 2020-2024, progressing at a CAGR of almost 2% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201019005349/en/

Technavio has announced its latest market research report titled Global High-visibility Clothing Market 2020-2024 (Graphic: Business Wire)

The high-visibility clothing market is driven by the increasing demand for high-visibility clothing from the manufacturing industry. The manufacturing industry is one of the significant contributors to industrialized economies such as the US. The industry consists of different application areas that can pose diverse risks. Thus, a range of high-visibility clothing must be used at manufacturing sites to ensure the safety of workers. This has encouraged many high-visibility clothing manufacturers to offer a wide range of clothing. For instance, 3M Co. (3M) offers high-visibility clothing for the manufacturing industry. Some of its products are Workrite FR high-visibility glow vest, mesh vest, breakaway vest, and safety vest.

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Report Highlights:

  • The major high-visibility clothing market growth came from the durable segment in 2019, and is expected to witness the fastest growth during the next five years.

  • North America was the largest high-visibility clothing in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the growing emphasis on green materials and processes in the manufacturing of high-visibility clothing

  • The global high-visibility clothing market is fragmented. 3M Co., Ansell Ltd., Ballyclare Ltd., Honeywell International Inc., KERMEL, Lakeland Industries Inc., NASCO Industries Inc., National Safety Apparel, True North Gear, and UniFirst Corp. are some of the major market participants. To help clients improve their market position, this high-visibility clothing market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global high-visibility clothing market 2020-2024 is expected to have negative growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Increasing Government Regulations will be a Key Market Trend

Every country has a governing body that focuses on the welfare and safety of employees. The governing bodies dictate strict norms and regulations on working conditions, employee safety, and the use of high-visibility clothing. These bodies also conduct safety inspections at facilities to ensure workplace safety. For instance, ANSI/ISEA 107 standard details the performance specifications for materials