Protective Clothing Market Report analyzes common market conditions such as price of the product, profit, capacity, production, supply, demand, and growth rate of the market, giving businesses a hand in deciding multiple strategies. The Protective Clothing Market Report conducted SWOT analysis and many other standard steps of data research, analysis and collection. The report also reviews major market players, major collaborations, mergers, acquisitions, trend innovation, and corporate policies. Finding brand awareness and seeing the brand and product among potential customers is becoming effortless. The protective clothing report presents market insights that enable businesses to settle on sustainable, lucrative strategies. This report contains important information to assist in identifying and analyzing market needs, market size, and FMCG industry competition. When the report goes hand in hand with the right tools and technology, it helps address a number of uncertain business challenges.
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Global Protective Clothing Market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to growing demand from various developing regions because of the rise in industrialization and urbanization activities in those regions.
Key Market Competitors:-
- Honeywell International Inc
- Koninklijke Ten Cate bv Sioen Industries NV
- Globe Holding Company
- Workrite Uniform Company
- Globus (Shetland) Ltd
- ANSELL LTD
- NSA – NATIONAL SAFETY APPAREL
- L. Gore & Associates
- LION Group
- Lakeland Inc
- TEIJIN LIMITED
- Milliken & Company
- Logistik Unicorp Inc
- Hydrowear B.V.
- VF Imagewear
- Glen Raven
Market Drivers & Restraints:
- Growing incidences of environmental and industrial hazard rising the need and concerns for protective clothing
- Imposing strict governmental regulations regarding the safety of workers and individuals in extreme conditions; this factor is expected to act as a driver for the market growth
- Requiring specific testing and R&D activities before the products can be marketed by the manufacturers adds complications and increases the overall cost; this factor is expected to act as a restraint to the market growth
- Cotton Fibers
- Aramid & Blends
- Polybenzimidazole (PBI)
- Ultra-High-Molecular-Weight Polyethylene (UHMWPE)
- Polyolefin & Blends
- Laminated Polyesters
- Firefighting & Law Enforcement
- Oil & Gas
- Construction & Manufacturing
- North America
- South America
- Middle East & Africa
Global protective clothing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of protective clothing market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Developments in the Market:
- In May 2018, NSA – NATIONAL SAFETY APPAREL announced that they acquired Rubin Brothers along with their “Union Line” brand and their products. This acquisition will enhance their product offering capabilities and help in expanding their market share in the region of United States.
- In October 2017, 3M announced that they had completed the acquisition of Scott Safety. This acquisition will enhance the technological offering of the company and help in promoting the products 3M already has in protective clothing.