Industrial Protective Clothing: A Global Strategic Business Report
San Jose, CA (Vocus) October 13, 2010
Industrial protective clothing is an essential element in minimizing health-related risks at the workplace. Large enterprises, especially in the chemical or biological industries, are required to continuously develop, monitor and upgrade employee safety measures to ensure a safe work environment. Primary industrial protective clothing comprises industrial fire retardant apparel, chemical protective garments, clean room clothing and general limited use clothing among others. Longstanding factors, which have and which will continue to fuel growth in the market include tightening of safety regulations, new sources of contamination (primarily in food sector), and technology improvements in protective fabrics. Health scares and pandemics such as swine flu help kindle demand for chemical protective clothing that safeguards against bacteria and virus.
Current demand in the market stands affected by recession-induced job losses in the chemical, heavy manufacturing and industrial manufacturing sectors. Additionally, outsourcing of manufacturing activities and shifting of production bases to lower cost countries adds to the pressure on employment opportunities in the developed markets like North America. The softness in business climate is expected to continue into the year 2010. Most of the manufacturers earned below their potential, as sales of industrial protective clothing are tied to economy and employment rates, which witnessed a drastic decline. Dollar sales have weakened with employers largely replacing expensive industrial protective clothing with cheaper alternatives.
Despite the weakening in market variables brought about by the recession, the industrial protective clothing market has successfully weathered the downturn without recording hurting erosion in sales and revenues. This is largely because the underlying economics of industrial protective clothing goes beyond the temporary weakness in the market’s climate. Companies cannot afford to cut corners on industrial protective clothing for long, given the disproportionately higher costs associated with employee/worker injuries, loss in productivity/performance, and penalties paid for violation and non-conformance of OHS laws. These costs tend to far outweigh any gains stemming from cutting industrial protective clothing expenditures as a measure to save money. Additionally, a large percentage of the industrial protective clothing market is built upon legally binding requirements.
In order to survive in the present market scenario, key players in the market are focusing on compliance with safety legislation, product development/innovation, and customization, channelizing resources on marketing to ensure greater product availability and visibility and developing cost-competitive products that offer a superior price to performance features.
Growth fundamentals such as, increasing workforce, changing attitude with regard to employee safety and protection, toughening regulations, and additional labor legislation are all forecast to swing back into action, driving growth in the post recession period. During this period, market for industrial protective clothing such as, respiratory protection and hand safety apparel are expected to fare better. With manufacturing and product handling processes becoming increasingly complex and sensitive, the need for safety gloves is expected to rise, given that hands are more acutely prone to cuts, blows, and chemical hazards. Also, the cost-effectiveness and sturdiness, the versatility and maneuverability, and the durability and availability of protective clothing & equipment will power its re-emergence onto the center-stage among the end-user sectors. Technology innovations will additionally push up demand for multifunctional and value-added protective clothing, while continued market penetration into niche sectors such as emergency response will open up additional avenues for growth.
As stated by the new market research report, industrial protective clothing market in Europe and the US together account for a major share of the global market. Thermal clothing market in Asia-Pacific is forecast to grow the fastest to reach US$408.7 million by the year 2012. Growth in Asia will be driven by new manufacturing works and construction projects underway in Middle East, and Asia, particularly, India, China, and Vietnam. Additionally, apart from being the world’s most populous countries, China and India have a large number of unprotected industrial workers. This thereby offers untapped potential for future growth. With Asian countries becoming the hub of global manufacturing operations, the business case for worker protection products will only get stronger. Segment wise, chemical protection clothing, represents the largest market for industrial protective clothing worldwide.
Key players in the market include Alexandra PLC, Asatex, Bennett Safetywear, Cosalt PLC, DuPont, Eurodress, ILC Dover, Kimberly Clark, Kwintet, Lakeland Industries, Mine Safety Appliances Company, Sioen Industries, Sperian Protection Group, Trelleborg Protective Products, Workrite Uniform, W. L. Gore & Associates, among others.
The research report titled "Industrial Protective Clothing: A Global Strategic Business Report", announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, challenges, company profiles, mergers, acquisitions and other strategic industry activity. The report provides market estimates and projections in value (US$) for major geographic markets such as United States, Canada, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and the Middle East. Product markets analyzed include Chemical Protection Clothing, Thermal Clothing, and Clean Room Clothing, among others.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Web Site http://www.StrategyR.com/