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The Adaptive Clothing Market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for Adaptive Clothing is the increasing demand for Adaptive Clothing in various industries.
This report on the Adaptive Clothing Market has been put together covering various companies of the industry from different geographies. The study is a perfect blend of qualitative and quantitative research highlighting vital market developments, challenges and competition that the industry might face, along with opportunities and trends available in the Adaptive Clothing Market. The report intends to present a thorough analysis of the Adaptive Clothing Market and provide cutting-edge market intelligence to help decision makers undertake a sound investment evaluation. Besides, the report also classifies and analyses the emerging trends along with major growth drivers.
Adaptive Clothing Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges act as extrinsic factors affecting the market. The report aims at answering several key questions concerning the overall profitability in the market.
Few key players operating in the Adaptive Clothing Market are-
• PVH Corp. (The U.S.),
• Silvert’s Adaptive Clothing & Footwear (Canada),
• NBZ Apparel International (The U.S.),
• Able2Wear (UK),
• Adaptions By Adrian (The U.S.),
• Professional fit Clothing (The U.S.),
• Adaptive Clothing Showroom (The U.S.),
• Creation Comfort (Canada),
• Buck & Buck (The U.S.), and
• Izzy Camilleri (Canada).
Growth drivers and Market Value:
This report, from Stratview Research Adaptive Clothing Market value and growth drivers over the trend period of 2022-27. According to the report -
The Global Adaptive Clothing Market is projected to grow from USD 1,820.6 million in 2021 to USD 4,280.5 million by 2026 at a CAGR of over 15.3% during the forecast period.
Segment Analysis:
Based on by Application Type:
• The geriatric population segment accounted for the highest market share in 2021 and is likely to register a steady CAGR during the review period.
• This is mainly attributed to the surging geriatric population in the developed countries of Europe, and Japan.
• Further, increasing standard of living and raising awareness of adaptive clothing in old-age homes and hospitals further boosts the segment growth.
Based on Regional:
• Europe has the highest percentage of population aged 60 and above, with 25% of the global geriatric population, thus has a large consumer base for adaptive clothing, booting the regional demand.
• Also, high prevalence of orthopaedic diseases among aged population, further bolsters the European market growth.
• Italy, Germany, France, and Spain have large population of aged population, thus contribution substantially to the regional market.
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