Canada Adaptive Clothing Market Size to Surpass US$ 79.08 Million by 2031 | Exhibiting a CAGR of 8.7%

April 29, 2024 07:18 AM PDT | By EIN Presswire
 Canada Adaptive Clothing Market Size to Surpass US$ 79.08 Million by 2031 | Exhibiting a CAGR of 8.7%
Image source: EIN Presswire
BURLINGAME, CA 94010, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- The Canada Adaptive Clothing Market research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Canada Adaptive Clothing industry along with various other factors over the predicted period 2024-2031. The overall business goal can be accomplished through this Canada Adaptive Clothing Market study report as it consists of all the current scenarios and major innovations of the marketplace.

The study is based on a valuable resource, companies, stakeholders, and other industry players in the Canada Adaptive Clothing market will be able to acquire the upper hand. Also, the segments is categorized by Size, Sales, and Revenue with forecasts during the years 2024–2031. The Canada Adaptive Clothing Market research segments is based on Players, types, applications, regional levels, and other segments.

The demand for adaptive clothing is increasing owing to rising number of people with disabilities in Canada. According to the report of Canadian Survey on Disability published in 2017, around 6.2 million people aged 15 years and over reported having a disability in Canada, representing around 22% of the population. Among them, 4.4 million people had difficulties performing daily living activities like dressing. Moreover, growing awareness about availability of adaptive clothing and government initiatives to promote inclusive clothing are also fueling the market growth. For instance, in 2021, the government of Canada launched an initiative called 'fashionABLE' to support Canadian fashion designers in producing adaptive and accessible clothing.

Market Drivers:

Increasing Number of Aging Population and Prevalence of Disabilities is Fueling the Demand for Adaptive Clothing

With rising life expectancy and improved healthcare facilities, the aging population in Canada is growing at an impressive rate. According to Statistics Canada, it is estimated that by 2031, there will be 9.6 million seniors aged 65 and older in Canada, representing almost 25% of the total population. The aging population is more prone to age-related disabilities and chronic health conditions that limit their mobility and flexibility. This has significantly increased the demand for adaptive clothing that provides flexibility, comfort, and independence to this demographic. Moreover, the prevalence of disabilities is also on the rise in Canada. As per the report from Council of Canadians with Disabilities, approximately 1 in 7 Canadians have some form of disability. Adaptive clothing is designed to provide enhanced mobility, comfort, and accessibility to those living with disabilities. Hence, the growing number of older adults and people with disabilities acts as a key growth driver for the Canada adaptive clothing market.

Rising Awareness about Benefits of Adaptive Clothing is Fueling its Adoption across Different Age Groups

Earlier, adaptive clothing was primarily associated with elderly care. However, with rising awareness, people across different age groups now understand the comfort, convenience, and independence provided by adaptive clothing. Younger customers are increasingly adopting adaptive clothing for reasons like post-surgery recovery, limited joint mobility, sports injuries, pregnancy, and more. Even individuals without any disabilities are choosing adaptive clothing for its ergonomic designs, breathability, and enhanced functionality. Manufacturers are promoting the multi-functional qualities of adaptive clothing through various marketing campaigns. Retailers and e-commerce platforms are also playing a pivotal role in educating customers about the personalized fitting, versatility, and dignity offered by these clothing solutions. Higher visibility and understanding of benefits have encouraged customers without disabilities to blend adaptive apparel into their regular wardrobe. This awareness expansion beyond the special needs segment is acting as a key growth driver.

List of the Top Key Players in the Canada Adaptive Clothing Market:

Silvert’s Adaptive Clothing & Footwear, Izzy Camilleri, NBZ Apparel International, Able2Wear, Professional Fit Clothing, Adaptive Clothing Showroom, Buck & Buck, PVH Corp, Lycra Company, Tommy Hilfiger, Abilitee Adaptive Wear

Segmentation Analysis:

By Product Type:
▪️ Adaptive Dresses
▪️ Adaptive Tops & Pants

By End User:
▪️ Geriatric Population
▪️ Disabled Adults & Children

Market Scope:

This report segments the Canada Adaptive Clothing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by Players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Canada Adaptive Clothing Market Dynamics:

Canada Adaptive Clothing Market reports examine current and historical data to analyze market trends. It offers information on the factors that will influence the market's growth between 2024 and 2031, both qualitatively and quantitatively. This study paper discusses the market capacity and consumption potential of significant firms.

An extensive examination of the market's size, share, growth, opportunity, competitive environment, manufacturers, players, and vendors, as well as its segments and sub-segments, is provided by this intelligence research. The market drivers, difficulties (past and present), revenue growth, roadmap for the future, standards, deployment models, and forecast analysis are all highlighted in the report.

Competitive Analysis:

The research enables marketers to be abreast of emerging consumer trends and market segments in which they may experience a sharp decline in market share. Learn about your true competitors in the market, as well as the market position, market share percentage, and segmented revenue of the Canada Adaptive Clothing market.

Canada Adaptive Clothing Market 2024-2031: Main Highlights:

✔ Detailed information on the factors that will contribute to the growth of the Canada Adaptive Clothing Market in the next seven years

✔ Forecast of upcoming trends and changes in consumer behavior Canada Adaptive Clothing Market growth

✔ The compound annual growth rate (CAGR) of the market during the forecast period 2024-2031

✔ Analyze the market competition landscape and provide detailed information about suppliers

✔ Insightful research report on the Canada Adaptive Clothing Market include Pestle analysis, Porter's five forces analysis, and SWOT analysis to understand the factors that affect consumer and supplier behaviour

Purchase Latest Edition of this Research Report @ https://www.coherentmi.com/industry-reports/canada-adaptive-clothing-market/buyNow

Reasons to Purchase this Report:

☛ Reports describe the opportunities and risks that manufacturers of Canada Adaptive Clothing face globally.
☛ The study finds the areas and sectors with the most possibility for expansion.
☛ A market that is competitive and features significant firm market rankings, new product introductions, joint ventures, corporate growth, and acquisitions.
☛ Each significant market player is covered in-depth in the research, with company overviews, corporate insights, product benchmarking, and SWOT analysis included.
☛ This analysis provides an industry market overview for the present and the future, taking into account recent advancements, potential for growth, motivating factors, challenges, and two geographical limits that are present in developed regions.

About Us:

At CoherentMI, we are a leading global market intelligence company dedicated to providing comprehensive insights, analysis, and strategic solutions to empower businesses and organizations worldwide. Moreover, CoherentMI is a subsidiary of Coherent Market Insights Pvt Ltd., which is a market intelligence and consulting organization that helps businesses in critical business decisions. With our cutting-edge technology and experienced team of industry experts, we deliver actionable intelligence that helps our clients make informed decisions and stay ahead in today's rapidly changing business landscape.

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CoherentMI
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