Industrial Protective Clothing Global Market Report 2023: Increasing Workplace Injuries Worldwide Bolsters Demand


Dublin, June 05, 2023 (GLOBE NEWSWIRE) -- The "Industrial Protective Clothing Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

The global industrial protective clothing market is expected to grow from $19.20 billion in 2022 to $20.80 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The industrial protective clothing market is expected to reach $28.34 billion in 2027 at a CAGR of 8%.

Increasing workplace injuries around the globe are expected to propel the growth of the industrial protective clothing market going forward. Workplace injuries are illnesses or injuries that occur in a working period. The dangerous working environment is the main cause of workplace injuries. Industrial protective clothing protects employees from accidents and injuries and avoids deadly physical injuries, fractures, or amputations.

For instance, in July 2022, according to the National Institute for Occupational Safety and Health (NIOSH), a US-based federal organization, there were 1,176,340 nonfatal work injuries that occurred through slips, trips, and falls during work in 2020. Further, in the same year, 1,196,140 accidents involving objects and machinery resulted in serious injuries, and approximately 1,038 American workers (22% of all fatalities) were killed in work-related car accidents. Therefore, the increasing workplace injuries across the globe are driving the industrial protective clothing market.

Product innovations have emerged as the key trend gaining popularity in the industrial protective clothing market. Major companies operating in the industrial protective clothing market are developing product innovations to strengthen their position in the market. For instance, in October 2022, UniFirst Corporation, a US-based workwear and textile service company, launched an innovative workwear collection called Spotlite MV. The Spotlite MV visibility workwear collection for men and women offers a wide range of sizes, colors, and designs for slacks, shorts, shirts, polo shirts, vests, and jackets. This collection's distinguishing features include items such as unique segmented reflective silver striping that improves visibility in low light and lightweight, breathable fabric with moisture-wicking technology used for unrivaled comfort and mobility in a contemporary design with a distinct color-block pattern.

In January 2020, Pinnacle Textile Industries, LLC, a US-based manufacturer of service apparel and aprons, acquired Topps Safety Apparel, Inc. for an undisclosed amount. Through this acquisition, Pinnacle Textile Industries, LLC, fulfilled its goal of entry into the safety uniform category, expanding its customer base in the market. Topps Safety Apparel Inc. is a US-based manufacturer of public safety and flame-resistant industrial apparel.

North America was the largest region in the industrial protective clothing market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in indu strial protective clothingreport are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the industrial protective clothing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Executive Summary:

Industrial Protective Clothing Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on industrial protective clothing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for industrial protective clothing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial protective clothing market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope
Markets Covered:

1) By Product: Durable; Disposable
2) By Application: Flame Retardant Apparel; Chemical Defending Garments; Clean Room; Mechanical Protective; Limited General-Use; Other Application Types
3) By End-User: Healthcare; Manufacturing; Pharmaceutical; Construction; Other End-User Types

Key Attributes:

Report AttributeDetails
No. of Pages250
Forecast Period2023 - 2027
Estimated Market Value (USD) in 2023$20.8 billion
Forecasted Market Value (USD) by 2027$28.34 billion
Compound Annual Growth Rate8.0%
Regions CoveredGlobal

A selection of companies mentioned in this report includes

  • W. L. Gore & Associates Inc.
  • Honeywell International Inc.
  • Lakeland Industries Inc.
  • PBI Performance Products Inc.
  • Kimberly-Clark Corporation
  • Bennett Safetywear
  • Ansell Ltd.
  • Teijin Aramid
  • Australian Defence Apparel Pty Ltd
  • Workwear Outfitters LLC
  • DuPont de Nemours Inc.
  • TenCate Protective Fabrics
  • Big Bill Ltd.
  • SW Safety Solutions Inc.
  • Berne Apparel
  • Workwear Outfitters LLC.

For more information about this report visit https://www.researchandmarkets.com/r/hprwuw

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Global Industrial Protective Clothing Market

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