Adaptive Clothing Market Worth US$ 408.76 Bn by end of 2027, Says Coherent Market Insights
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Market Drivers:
Growing prevalence of diabetes is expected to propel the global adaptive clothing market growth over the forecast period.
The demand adaptive clothing such as adaptive socks is used for diabetic patients that contain fibers, which help to prevent the foot from potential fungal or microbial infections. According to the World Health Organization (WHO), the number of people with diabetes has increased from 108 million in 1980 to 422 million in 2014. According to the same source, in 2016, around 1.6 million deaths were directly caused due to diabetes. Therefore, such factors are expected to drive growth of the global adaptive clothing market during the forecast period.
Increasing demand for adaptive clothing from the fashion industry is expected to propel the global adaptive clothing market growth over the forecast period
Key companies in the fashion industry are focused on launching adaptive clothing for consumers as it saves time. Therefore, such clothing solutions are gaining massive popularity among people. Adaptive clothing makes getting dressed and functioning within clothes more accessible to people with different requirements. Hence, such factors are expected to boost the global adaptive clothing market growth over the forecast period.
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Market Opportunity:
Ongoing research and development activities can present lucrative growth opportunities for marketers
Key companies in the market are focused on research and development activities, in order to innovate novel fabrics and gain a competitive edge in the market. For instance, in September 2021, The LYCRA Company launched a breakthrough technology LYCRA ADAPTIV fiber, allowing a better fit for various lifestyles.
High demand from hospitals can provide major business opportunities in the market
The demand for adaptive clothing is significantly high across hospitals and other healthcare facilities. Such clothing solutions are convenient for caregivers, hospice staff, and nurses to undress or dress patients. Adaptive clothing is widely preferred for patients with arthritis, quadriplegics, and paraplegics. Since adaptive clothes have openings, it makes it more convenient for doctors to attach any medical equipment to the patient's body, without sacrificing dignity.
Market Trends:
North America Trends
Among regions, North America is expected to witness significant growth in the global adaptive clothing market during the forecast period. This is owing to the high rate of disabled people across the region. According to the Centers for Disease Control and Prevention (CDC), in 2018, around 61 million adults, i.e. 25% or one in 4 were living in disability across the U.S. Moreover, the presence of robust healthcare facilities is expected to boost the regional market growth in the near future.
Europe Trends
Europe is expected to register lucrative growth in the global adaptive clothing market over the forecast period. This is owing to rising geriatric population across the region. According to Eurostat, in 2019, around 90.4 million people living in EU-27 were aged 65 years and above.
Competitive Section
Key players involved in the global adaptive clothing market are Silvert's Adaptive Clothing & Footwear, Izzy Camilleri, NBZ Apparel International, Able2Wear, Adaptions By Adrian, Professional fit Clothing, Adaptive Clothing Showroom, Creation Confort, Buck & Buck, and PVH Corp.
For instance, in June 2019, Kohl's launched adaptive apparel to its kids' brands including Urban Pipeline, Jumping Beans, and SO.
Global Adaptive Clothing Market, By Region:
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