Transparency Market Research has published a new research report titled “Industrial Protective Clothing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” to their report store.
Albany, NY -- (SBWIRE) -- 09/20/2016 -- The top four players operating in the global industrial protective clothing market are Honeywell Safety Products, Ansell Protective Solutions AB, Mine Safety Appliances Company, and Kimberly-Clark Professional. The cumulative share of these companies stood at 16.3% in 2012, observes Transparency Market Research in its latest publication. "Leading players are expected to expand their product portfolio by reinventing industrial protective clothes and increasing their geographical reach," says the lead author of this research report. The rise of the manufacturing sector in the developing countries of Asia Pacific are also expected to create several growth opportunities for the vendors in the global market.
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Demand for Industrial Protective Clothing to Remain Steady in North America
According to the research report, the opportunity in the global industrial protective clothing market is expected to be worth US$3.5 bn by 2019, as the market expands at a CAGR of 11.5% between 2013 and 2019. Geographically, North America will dominate the global market due to stringent regulations that are aimed at ensuring the protection of employees in workspaces. Owing to this reason, the regional market will acquire a share of 50.9% in the overall market by the end of 2019. The chemical defending garments segment is expected to hold a dominant share of 34.4% by 2019 in the global industrial protective clothing market.
Strengthening Economies Reflect Positively on Industrial Protective Clothing
Industries such as automotive, chemicals, steel, electronics, and refining have picked up a robust pace in the past few years as economies across the globe are strengthening after the economic recession. The rise in the manufacturing activities have led to increasing employment of laborers, which, in turn, has compelled several employers to invest in modern industrial protective clothing. Thus as employers try to create a safe working environment for the workers to prevent critical and non-critical injuries, they are expected to propel the demand for protective clothing across various industrial verticals.
The steady growth rate of the chemicals industry is also projected to augment the demand for protective clothing to prevent any injuries to employees while handling chemicals. In order to maintain the safety levels, this industry will increase its uptake of chemical defending garments. The rising demand for various types of chemicals and the high prevalence of respiratory illnesses, improper handling, workplace accidents pertaining to chemicals, and poor safety methods are all expected to drive the demand for industrial protective clothing.
Despite the high adoption of automation in a wide range of industries, the demand for industrial workforce has not reduced. Availability of cheap labor in developing countries and the spike in the manufacturing industries of Asia Pacific and Latin America are also propelling the demand for the industrial protective clothing.
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Lack of Accurate Date to Research High-quality Fabrics Hampers Market Growth
The lack of data for accurate research and development of protective fabrics is hampering the growth of the overall market. Though the fabrics used for making industrial protective clothing are tested and experimented on in laboratories, the missing data about the actual work environments has restrained manufacturers from achieving high-quality products. The inconsistency in matching up to the requirements of end users due to inaccurate data is likely to have a negative impact on the global industrial protective clothing market.
This review is based on Transparency Market Research's report, titled "Industrial Protective Clothing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019."
The global industrial protective clothing market is segmented as follows:
Industrial Protective Clothing Market: Application Analysis
-Flame retardant apparel
-Chemical defending garments
-Clean room clothing
-Others (Limited-use general clothing, etc.)
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