Business

Protective Clothing Market Share, Size Estimate, Total Revenue

As per study by Fortune Business Insights™, the global protective clothing market is anticipated to be driven by the rising government norms worldwide to maintain workplace safety, especially in the manufacturing, food processing, construction, healthcare, and chemical industries. Also, the increasing cases of accidental injuries and mortalities would affect the market positively. The study further states that the protective clothing market size was USD 12.48 billion in 2019 and is projected to reach USD 34.31 billion by 2027, exhibiting a CAGR of 14% during the forecast period.

Protective clothing is designed to protect the wearer from physical, chemical, biological, electrical, and thermal hazards. It is used in various industries, including construction, manufacturing, healthcare, and emergency services. Here are some common types of protective clothing:

  1. Chemical Protective Clothing: Designed to shield the wearer from chemical hazards. These can be in the form of suits, gloves, and masks made from materials that resist permeation by chemicals.
  2. Fire-Resistant Clothing: Made from materials that can withstand high temperatures and flames, often used by firefighters and workers in industries where there is a risk of fire.
  3. Biological Protective Clothing: Protects against biological hazards such as bacteria, viruses, and other pathogens. This type includes suits, gloves, and masks used in healthcare settings.
  4. Electrical Protective Clothing: Used by electricians and other workers who may come into contact with electrical hazards. It includes rubber gloves, insulating boots, and arc-flash protective suits.
  5. Thermal Protective Clothing: Designed to protect against extreme temperatures, both hot and cold. This can include insulated clothing for cold environments and heat-resistant gear for high-temperature settings.
  6. Mechanical Protective Clothing: Includes items like helmets, gloves, and body armor designed to protect against mechanical hazards such as impact, abrasion, and cuts.
  7. Visibility Clothing: High-visibility clothing is worn to ensure the wearer can be seen in low-light conditions or hazardous environments. This typically includes reflective vests and jackets.

Each type of protective clothing is designed to meet specific safety standards and regulations to ensure maximum protection for the wearer.

Regional Analysis-

North America to Dominate Fueled by Strict Laws by OSHA Regarding Workers’ Safety

The market is regionally categorized into the Middle East and Africa, Latin America, Asia Pacific, Europe, and North America. Out of these, North America procured USD 4,677.9 million revenue in 2019. It is set to dominate throughout the forecast period. This growth is attributable to the rising number of stringent norms put forward by the Occupational Safety and Health Administration (OSHA) to ensure workers’ safety. The organization has formed certain safety standards associated with industrial disasters, such as manufacturing machinery failures, fires, and others. Asia Pacific would grow rapidly backed by the rising rates of occupational accidents in the developing countries, such as South Korea, India, and China.

Segment-

Rising Usage of Protective Clothing to Prevent Injuries will Drive the Chemicals Segment

Based on end use, the market is fragmented into oil & gas, firefighters, chemical, pharmaceutical, and others. Amongst these, the chemical segment is expected to procure the largest share owing to the increasing usage of protective clothing in the chemical industry for preventing injuries caused by hazardous chemicals, such as cleaning agents, degreasers, and paints. Besides, workers in several industries are nowadays exposed to various types of toxic chemicals. The oil & gas segment, on the other hand, held 13.5% protective clothing market share in 2019.

 

Competitive Landscape-

Key Manufacturers Aim to Enhance Portfolio through Acquisitions

A large number of manufacturers and distributors are mainly focusing in the development of more sustainable and recyclable materials for a wide range of industries. They are also adopting the set of norms provided by the government agencies worldwide. In addition to that, they are following the strategy of mergers and acquisitions to broaden their product portfolio & serve their consumers better.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/protective-clothing-market-102707

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