Key reasons for this change in growth rate is attributed to the steady uptake of the market during the first half of the forecast period, owing to the rising demand for protective clothing will also expect to increase demand for product material
The protective clothing market is estimated at USD 10.32 billion in 2022 and is projected to reach USD 17.60 billion by 2030, at a CAGR of 6% from 2015 to 2021. Share of protective clothing market in its parent market (protective equipment market) is approximately ~12%-15%.
The main drivers of the market for protective apparel are work-related deaths and injuries, stringent government regulations, and new product development. The predicted functions of safety clothing include defence against things like fire, chemicals, biological agents, punctures, insects, rain, cold, ultraviolet (UV) radiation, and extremely hot temperatures.
Super repellant coatings, electrospun nanofibers, fibres with new cross sections, intelligent textiles, and biomimetic (nature-inspired) materials are a few noteworthy breakthroughs. Investments in research in fields like nanotechnology and intelligent materials result in new technologies that introduce innovative and stylish protective garments to the market.
Request Sample Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-11295
Outbreak of Covid-19 Disease Surge in Demand for Protective Clothing across the Globe
The Covid-19 pandemic outbreak, which had originated in China, has since spread throughout the entire world. As of April 7th, 2020, there has been 1.4 million positive cases reported overall, along with 81,049 fatalities. So far, it has had an impact on more than 209 nations and territories.
With the exception of a few necessities, all businesses are currently closed. According to the World Economic Forum, the economies of the US and the Eurozone won’t fully recover until 2023. Doctors, nurses, and other healthcare workers now urgently need protective clothes as a result of the pandemic.
For medical professionals, lab testers, and other workers, the use of coveralls and lab coats is highly desired. Due to the overwhelming demand for protective apparel, businesses are currently increasing their manufacturing capacity to keep up with the developing market demand. DuPont’s Lakeland Industries Inc. has increased its capacity for producing protective clothing. To accommodate the domestic and international demand for protective apparel to combat COVID-19, numerous additional businesses also began producing it.
Use promo code ->> FMITODAY to get flat 20% discount
Key Takeaways from the Protective Clothing Market Study
Manufacturing Capacity Expansion to Increase Product Supply
To meet the growing demand, businesses in the sector are currently concentrating on growing their manufacturing capacity. In light of the global pandemic outbreak, the WHO (World Health Organization) has advised governments of nations to collaborate with businesses in order to enhance production of essential medical and healthcare protection gear and equipment supplies.
DuPont, a reputable corporation, has boosted the amount of Tyvek hazmat suits it produces, which is crucial for protecting the frontline medical personnel battling the pandemic.
Some of the key players operating in the protective clothing market are 3M Company, Ansell Limited, Kimberly Clark Corp., Teijin Limited, Sioen Industries, Lakeland Industries, Inc., W. L. Gore & Associates, Workrite Uniform Company, Inc., Cetriko, Lakeland Industries, Inc.,Ballyclare Limited, Glen Raven, DuPont and others.
Who is winning?
A number of top businesses are increasing their production capacity. extensive R&D, merger & acquisition, and collaboration efforts to develop new technologies that could alter the protective apparel market.
To meet the market’s need for protective garments, Lakeland Industries Inc. increased its manufacturing capacity by 30% in March 2020.
In order to expand its production capacity, Radians, a manufacturer of industrial protective garments, purchased Neese Industries, Inc. in 2018.
Get Valuable Insights into Protective Clothing Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global protective clothing market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The protective clothing study reveals compelling insights on the protective clothing market on the basis of product type (coverall, vest, jacket, apron, others), material type (non-woven, woven, knit), end use industry (manufacturing, oil & gas, healthcare, others), demographics (men, women), and sales channel (offline, online) across all regions.
Inquire Before Buying This Research Report@
https://www.futuremarketinsights.com/ask-question/rep-gb-11295
About Future Market Insights, Inc. Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware
Apr 17, 2023