Personal,Protective,Equipment, marketing Personal Protective Equipment (PPE) and Clothing Market Sees
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Interest in the Advanced Protective Clothing, Gear and Armour Market has been consistently on the rise in the recent times due to numerous reasons. The primary driving factors of the phenomenal growth of the market is the emphasis being laid to reduce professional hazards and increase safety and protection of the workforce. Recent Governmental Policies and Standards have re-instated the need for accountability in hazardous events or accidents at work sites. This has led corporates and multinationals to take initiatives by introducing Personal Protective Equipment (PPE) and Clothing as part of the industry standard and norm. The Protective Gear and Armour market is big, complex and fragmented. The current focus is on designing, manufacturing and production, rather than on supplying and distributing. Clearly, the market is yet to reach its optimum potential. The domain of Advanced Protective Clothing and Equipment is predominantly well-established in North America, with U.S leading with a market worth of $4.8 billion in 2014. The U.S market for PPE is expected to reach a staggering figure of $5.9 billion in the next five years with a compounded annual growth rate (CAGR) of 4.4%. Interestingly, more than 50% of the Global demand for PPE is specifically from North America. The Global Market is projected to be worth $8 Billion by the end of 2019 with a CAGR of 6% from 2013-2019. The market can be segmented based on Type, Users (Industrial and Personal users), Industry (Military, Commercial, Industrial, Science and Technology, Agriculture and Forestry, Domestic, Utilities etc.), nature of hazards (Extreme cold or hot events, ballistic and mechanical, chemical, biological and Radiation), Material (Kevlar, Nomex, Polymide, Fiberglass, Flame Retardant Cotton etc.) and Geography.The report consists of a detailed account of the Personal Protective Equipment and Clothing (PPEC) market, its size, share, volume, Industry Policy and Standards, changing Industry dynamics, innovation in technologies, fabrics, raw materials, Investment opportunities, future trends and projections. An in-depth analysis and quantitative assessment based on each product segment : Primary (Gear, Armour , Gloves, Respirators and Breathing sets, Helmets, Protective suits, Shields, Goggles and Faceshields, Protective and Padded vests) and Ancillary (Heads, Caps, Masks) is included in the report. The leading players in the PPEC market are 3M, Kimberly-Clark, Royal TanCate, Honey International and Teijin Armid. Small, regional players and new entrants have also gained visibility in the market over the past decade. Company profiles, products and services, business models, key strategies, developments and takeovers and acquisitions have been elucidated in the report for a holistic understanding of the market and for aiding in making more informed business decisions. Article Tags: Personal Protective Equipment, Personal Protective, Protective Equipment
Personal,Protective,Equipment,