Surge in demand for breathable and durable flame-resistant clothing from various sectors and increase in standards of medical hygiene across the healthcare industry drive the growth of the global protective clothing market.
A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.
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The global protective clothing industry garnered $8.7 billion in 2019, and is expected to reach $12.0 billion by 2027, registering a CAGR of 6.0% from 2020 to 2027.
The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.
North America accounted for the highest share, holding for nearly one-third of the global protective clothing market in 2019, and is projected to maintain its dominant position throughout the forecast period. This is attributed to presence of various industrial and manufacturing industries across the region and awareness regarding safety of workers at workplaces. However, Asia-Pacific is estimated to portray the fastest CAGR of 6.7% from 2020 to 2027, owing to rise in industrial activities and increase in stringent regulations for adoption of protective clothing in worker dense sectors such as construction.
The Protective clothing market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.
The construction & manufacturing segment contributed to the highest market share, accounting for more than one-fourth of the global protective clothing market share in 2019, and is estimated to maintain its leadership position during the forecast period. This is due to high adoption of protective clothing in the construction & manufacturing sector as there is a high labor population. However, the pharmaceutical/medical segment is estimated to portray the fastest CAGR of 8.6% from 2020 to 2027. This is attributed to surge in need for safe medical treatments.
Protective Clothing Covered Market:- Lakeland Industries, DuPont, 3M Company, Ballyclare Limited, Teijin Limited, Koninklijke Ten Cate NV, Cetriko S.L., VF Corporation, Glen Raven Inc and Other.
Analysis of COVID-19 impact
The outbreak of the pandemic has had a massive impact on the majority of industries and the Protective clothing market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Protective clothing market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.
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