|Market Research A to Z | Company Profiles A to Z | Register | Contact Us | Shopping Basket|
|+44 (0) 203 086 8600 Call us on|
The industrial protective clothing market has been forecast to reach a market value of US$8.6 billion by the year 2018, driven primarily by strong industrial production growth in developing countries and stringent Government regulations and guidelines for worker/occupational safety.
Industrial protective clothing is an essential element in minimising risks at the workplace. Growing concerns over the safety of workers, including protection from disabling injuries and infections, as well as from toxic chemical agents, and fire and chemicals drive growth in the broader personal protective equipment industry.
Despite an overall increase during the past five years, a decline was evident in 2009 and 2010, due to the recession and a subsequent drop in demand for protective clothing and equipment. In addition, the market is very reliant on employment trends; as unemployment has risen, demand for protective products has declined slightly as fewer people require protection from hazardous working environments.
The yet evolving worker safety regulatory framework in developing countries like India and China bodes well for the future of the market, since legislation of new safety guidelines make employer compliance to health/safety issues obligatory thus adding stability to demand. In the developed countries, where a mature safety culture already exists, demand is forecast to stem primarily from replacements due to wear and tear.
Europe and the US together account for a major share of the global market, while Asia-Pacific represents the fastest growing regional market with revenues from the region projected to increase at a compound annual growth rate (CAGR) of 5.8%.
Many of the companies within the market operate on a global basis, either through direct exports to foreign markets or through a parent company. International trading helps companies in the market resist the pressures in maintain sales levels. Despite this, companies have exited the marketplace in recent years due to the harsher trading conditions. This indicates that, although the market is resilient, it is not impenetrable to the forces of economic decline.
Key players currently dominating the industrial protective clothing market include Ansell Limited, Alexandra PLC, Asatex AG, Bennett Safetywear Ltd, Cosalt PLC, E. I. DuPont deNemours and Co., Eurodress GmbH, Honeywell International, Inc., ILC Dover, Kimberly Clark Corp, Kwintet AB, Lakeland Industries Inc., Mine Safety Appliances Company, Sioen Industries NV, Workrite Uniform Co, and W. L. Gore & Associates.
For more information on the industrial protective clothing market, see the latest research: Industrial Protective Clothing Market
Follow us on Twitter @CandMResearch
Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support
Use our skills and global network of researchers and consultants to help find and source the business information you need.
Contact us now on 00 44 (0) 203 0868600 or "enquiries @ companiesandmarkets.com" to discuss you requirements and we can provide you with a research solution at suprisingly efficient rates and timelines.
Sometimes we can even find the information you require for free.
We are offering our clients substantial savings on the best research available during January. Please contact us either via email or by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600.