Adaptive Clothing Market Size |
The Adaptive Clothing Market is estimated to be valued at US$ 1,259.1 Million in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market Overview:
Adaptive clothing is designed to support individuals with disabilities by
including features like elastic waistbands, Velcro closures, one-handed
dressing, and other modifications for convenient dressing. They provide
patients with mobility issues independence and dignity.
Market Dynamics:
The global adaptive clothing market is witnessing significant growth, driven by
the rising elderly population globally who face age-related disabilities. Between
2023 and 2030, the 65-and-over demographic is projected to grow by 32%.
Additionally, the rapid advancement of 3D printing technology has made it
possible to mass-customize adaptive apparel as per individuals’ unique medical
requirements, thereby further fueling the market growth.
Market key trends:
The Adaptive
Clothing Market Size is witnessing high demand for apparel providing
comfort, sensory regulation and functionalities to the wearers. There has been
a rise in demand for moisture wicking fabrics that keep the wearer dry and
comfortable. Compression fabrics that provide joint and muscle support are also
gaining traction. Furthermore, styles that make dressing and undressing easier
for people with limited mobility through features like magnetic closures,
zipper pulls and snap closures are becoming increasingly popular.
SWOT Analysis:
Strengths: Adaptive clothing provides independence, dignity and inclusion to
people with disabilities. It allows for ease of dressing, mobility and hygiene.
Weaknesses: Limited design options and availability of styles compared to
mainstream clothing. Higher prices of adaptive clothing restrict mass adoption.
Opportunities: Growing elderly population prone to disabilities will drive
future growth. Increased social awareness boosts acceptance of adaptive
fashion.
Threats: Vulnerability to fluctuations in raw material prices. Stringent
regulatory norms increase compliance costs.
Key Takeaways:
The global adaptive clothing market is expected to witness high growth,
exhibiting CAGR of 6.7% over the
forecast period, due to increasing acceptance and normalization of adaptive
fashion. The US holds the major share of the adaptive clothing market owing to
high disability rates and supportive regulations. The Asia Pacific region is
expected to grow at the fastest pace during the forecast period with strong
growth expected across China, Japan and India.
Key players operating in the 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, PVH Corp. and Lycra Company. These players
are focusing on expanding their product lines, enhancing fabric technologies
and strengthening their distribution networks globally.
Regional analysis:
The US is the largest and fastest growing regional market for adaptive clothing
due to high disability rates and supportive regulations mandating accessibility
in public premises. According to the CDC, over 12% of the US adults have some
form of disability that impacts their mobility or self-care. The Asia Pacific
region is expected to witness fastest growth during the forecast period led by
China, Japan and India. Growing health and hygiene awareness combined with
increasing senior population in countries like China and India is driving the
demand for adaptive apparel in Asia Pacific region.
Key players:
Key players operating in the 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, PVH Corp. and Lycra Company. These players
are focusing on expanding their product lines
Read More: https://www.ukwebwire.com/adaptive-clothing-market-is-estimated-to-witness-high-growth/