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Protective Clothing Market Trends, Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast 2027

According to Fortune Business Insights™, the study further states that, the global 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.


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According
to Fortune Business Insights™, the study further states that, the global
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.



The
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 12,481.0
million in 2019 and is projected to reach USD 34,316.9 million by 2027,
exhibiting a CAGR of 14% during the forecast period.



 



Fortune
Business Insights™ lists out the names of all the organizations present in the
global protective clothing market. They are as follows:




  • Honeywell
    International Inc. (U.S.)

  • Lakeland Inc.
    (U.S.)

  • W. L. Gore &
    Associates, Inc. (U.S.)

  • PBI Performance
    Products, Inc. (U.S.)

  • TenCate
    Protective Fabrics (U.S.)

  • Kimberly-Clark
    Corporation (U.S.)

  • Ansell Microgard
    Ltd. (U.K.)

  • DuPont (U.S.)

  • Bennett
    Safetywear Ltd. (U.K.)

  • TEIJIN LIMITED
    (Japan)    

  • Udyogi (India)

  • Sanctum Work
    Wear Pvt. Ltd. (India)

  • Derekduck
    Industries Corp. (Taiwan)

  • Protective
    Industrial Products (PIP) (U.S.)

  • Other prominent
    companies



 



 



Report
Aim & Scope:




  • An overview of
    the market based on geographical scope, segmentation and financial
    performance of key players is presented in the report.

  • The report
    presents the estimated market size by the end of forecast period. Additionally,
    the historical and current market size is also examined in the report.

  • Based on various
    indicators, the Year on Year growth (%) and compound annual growth rate
    (CAGR) for the given forecast period is offered.

  • The report
    presents current trends in the industry and future scope of the market in
    North America, Asia Pacific, Europe, Latin America and Europe.

  • The various
    parameters accelerating the growth of the market are incorporated in the
    research report.

  • The report
    analyzes growth rate, market size and valuation of the market during the
    forecast period.



 



Drivers
& Restraints-



The
Effects of Covid-19 Pandemic on the Market




  • In the
    healthcare environment, there is a rising demand for protective clothing
    to prevent contamination from various sources.

  • Healthcare
    workers are persistently working to control the rate of infection by
    correctly disposing and laundering the clothing.

  • The demand for
    surgical gowns, coveralls, and isolation gowns has upsurged rapidly from
    the healthcare sector to prevent the transmission of microorganisms
    through blood or bodily fluids in themselves, as well as the patients.

  • The Directorate
    General of Health Services, Ministry of Health and Family Welfare, OSHA,
    and World Health Organization (WHO) implemented new set of rules to be
    followed by the workers of primary health care centers, quarantine
    centers, laboratories, point of entries (POEs), and hospitals.



 



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 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.



 



Below
are two of the latest industry developments:




  • March 2020: Lakeland
    Industries, Inc. augmented its previously planned expansion of the
    manufacturing capacity by 30%. Since the past couple of years, it has
    invested around USD 6 million to widen its manufacturing footprint into
    India and Vietnam, increase margins, improve efficiencies, as well as add
    and update IT systems. The company decided to upsurge production because
    of the outbreak of the Covid-19 pandemic.

  • February 2019: Protective
    Industrial Products, Inc. (PIP) successfully acquired West Chester
    Protective Gear. This new deal would solidify PIP’s position in the global
    market in North America. It would be able to deliver the retailers and
    distributors in the safety industry with a broad product portfolio that
    includes more flexible solutions.



 



Browse
Summary of This Research Report:



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



 



 



About Us:



Fortune Business Insights™ delivers accurate
data and innovative corporate analysis, helping organizations of all sizes make
appropriate decisions. We tailor novel solutions for our clients, assisting
them to address various challenges distinct to their businesses. Our aim is to
empower them with holistic market intelligence, providing a granular overview
of the market they are operating in.



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