The Global Industrial
Protective Clothing Market is expected to reach USD
4.06 billion by 2020, according to a new study by Grand View Research, Inc.
Increasing industrialization in emerging markets of India and China coupled
with rising importance of safety in industries and emergence of blue collar
workforce are expected to remain key driving forces for the market. High cost
and complex manufacturing process associated with industrial protective
clothing are expected to be key challenges for market participants.
Chemical defending garments
emerged as the leading application segment for industrial protective clothing
and accounted for 36.8% of total market volume in 2013. Chemical defending
garments are used for protecting skin from hazardous chemicals usually used in
laboratories and chemical industries. Flame retardant apparel is expected to be
the fastest growing application segment for industrial protective clothing at
an estimated CAGR of 11.1% from 2014 to 2020.
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Further key findings from the study
suggest:
- Global industrial protective clothing demand was 2,519.4 million square meters in 2013 and is expected to reach 5,048.4 million square meters by 2020, growing at a CAGR of 10.7% from 2014 to 2020.
- North America continued its dominance in the global market and accounted for 55.5% of total market volume in 2013. However, Asia Pacific is expected to be the fastest growing regional market for industrial protective clothing, at an estimated CAGR of 12% from 2014 to 2020. Growth of industrialization coupled with government interventions to increase safety for industrial workers is expected to drive its demand over the next six years.
- Developed economies of North America and Europe are fairly mature markets for industrial protective clothing and are driven by technological advancement and aware consumers. European market for industrial protective clothing is expected to reach a market worth USD 953.5 million by 2020.
- Key companies in the market include DuPont, Royal TenCate NV, W. L. Gore & Associates, Honeywell International, Lakeland Industries Inc., PBI Performance Product Inc., Kimberly Clark, Benette Safetywear Ltd., and Bulwark Protective Apparel. Companies such as Ansell Limited, Teijin Limited, and Australian Defense Apparel are key participants in emerging markets of India, Japan and China.
For the purpose of this study, Grand View Research has
segmented the Industrial Protective Clothing market on the basis of application
and region:
About Grand View
Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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