Amid the COVID-19 crisis, the global market for Industrial Protective Clothing estimated at US$8.9 Billion in the year 2020, is projected to reach a revised size of US$20.3 Billion by 2027, growing at a CAGR of 12.4% over the period 2020-2027.Durable, one of the segments analyzed in the report, is projected to grow at a 11.6% CAGR to reach US$10.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Disposable segment is readjusted to a revised 13.4% CAGR for the next 7-year period. This segment currently accounts for a 44.1% share of the global Industrial Protective Clothing market.
The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 16.2% CAGR for the Period of 2020-2027
The Industrial Protective Clothing market in the U. S. is estimated at US$2.4 Billion in the year 2020. The country currently accounts for a 27% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$4.4 Billion in the year 2027 trailing a CAGR of 16.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.7% and 10.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR while Rest of European market (as defined in the study) will reach US$4.4 Billion by the year 2027.The publisher brings years of research experience to this 19th edition of our report. The 448-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others
- Alexandra PLC
- Ansell Ltd.
- Ansell Protective Solutions AB
- Asatex AG
- Bennett Safetywear Ltd.
- DuPont de Nemours Inc.
- Honeywell International, Inc.
- ILC Dover
- International Enviroguard, Inc.
- Kimberly-Clark Corp.
- Lakeland Industries, Inc.
- W. L. Gore & Associates, Inc.
- Workrite Uniform Co.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
A Prelude
Favorable Economic Climate Augurs Well for the Market
Recent Market Activity
Primary Factors Influencing Industrial Protective Clothing Market Over the Years
Economy & Employment Numbers
High Costs Associated with Workplace Hazards
Occupational Safety Regulations
Continued Rise in Incidents of Workplace Deaths Drives Spotlight on IPC
Assessing the Impact of Recent Economic Upheavals on Industrial Protective Clothing Market
Impact of the 2007-2009 Recession in Retrospect
Europe's Debt Crisis Tests IPC Market
Growth Fundamentals Encourage an Optimistic Outlook for the Market
Positive Economic Outlook Keeps Market Sentiment Intact
Market on Growth Path In spite of Volatility in Global PMI
Eurozone Economic Outlook Favors an Optimistic Outlook for IPC
Fiscal Cliff Concerns in the US and the Road Ahead
Companies Utilize Periods of Economic Slowdown to Expand Business Opportunities
Global Outlook
Chemical Protection Clothing - The Largest and Fastest Growing Segment
Thermal and Clean Room Clothing Market
Mechanical Protection Clothing
Asia-Pacific - The Focal Point for Growth
Developed Markets to Register Steady Demand
North America - The Largest Region
Competitive Landscape
Personal Protective Equipment (PPE) Market - A Complementary Review
Workplace Accidents Drive Demand for PPE
Automobile Production Trends Sustain Demand for PPE
Recovery in Construction Industry Benefits the Market
PRODUCT APPLICATION AND END-USE MARKET TRENDS
Segmental Perspective
Regulations and Worker Safety Drive the Market
Market for Technical Textiles Witness Significant Growth
Focus on Worker Safety Augments Chemical Protective Clothing Demand
Thermal Clothing - A Prominent Product Category
Protective Clothing & Gloves Market: New Resistant Materials to Benefit Growth
Rising Importance of Hand Protection Drives Demand for Mechanical Protection Clothing
Emerging Economies to Drive Disposable Protective Apparel Market
Stringent Regulations Propel Demand for Visibility Protective Clothing
A Review of Opportunities in Select End-Use Markets
Increase in Construction Activity Bodes Well for IPC Market
Healthy Outlook for Oil & Gas Bodes Well for IPC Market
Strong Growth in Mining in Developing Countries: A Key Growth Driver
Food Processing - A Market Laden with Tremendous Potential
Global Competitor Market Shares
Industrial Protective Clothing Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Ansell Limited (Australia)
Ansell Protective Solutions AB (Sweden)
Alexandra PLC (UK)
Asatex AG (Germany)
Bennett Safetywear Ltd (UK)
CWS-boco Supply Chain Management GmbH (Germany)
The Dow Chemical Company (US)
Eastern Technologies, Inc. (US)
E. I. DuPont deNemours and Co (US)
Honeywell International, Inc. (US)
ILC Dover (US)
International Enviroguard, Inc. (US)
Kimberly-Clark Corporation (US)
Lakeland Industries, Inc. (US)
Sioen Industries NV (Belgium)
Workrite Uniform Co. (US)
W. L. Gore & Associates, Inc. (US)
3. MARKET TRENDS & DRIVERS
The Heavy Hand of the Government Continues to Trigger Growth
Employers Increase their Focus on Employee Safety - Augurs Well for IPC Market
Manufacturers Focus on Product Differentiation as a Key Competitive Strategy - Bank on Developing Innovative Products
Key Issues & Challenges
Compliance with Workforce Safety Norms - Still a Major Challenge in Developing Markets
Pricing Factors
E-Commerce: New Avenue for Marketing
INNOVATIVE TRENDS
PPE Segment Witnessing Innovations in Textiles and Finishes
Specific Task Based PPE
Baselayers Helps to Save Life
Human Physiology a Key Factor in Designing Protective Clothing
New Materials in Protective Clothing
Innovative, Value Added Products Hog the Limelight
Specialized Protective Wear Continues to Find Demand
Disposable Clothing
Non-Wovens in Demand
Growing Adoption of High-Quality Fiber for Enhancing Product Quality
Integration of Electronics in Protective Clothing - Enhancing Product Capabilities & Quality
Ergonomic Protective Clothing - A New Innovation for Enhanced Safety and Protection
Multifunctional Protective Clothing to Witness Higher Demand
New Improved Products Lined Up for Chemical Protection Clothing
Improving Wear-ability Attributes - A Key Focus Area for Manufacturers
Introduction of Innovative Technologies and Stringent Guidelines Fuel Demand for IPC and Textile Fabrics
Emerging Trends in Smart Industrial Protective Clothing Market
Advancements Enabled by Technology
Specialized Functional Clothing for Diverse Environments
Lighter FR Apparels for Oil and Gas Drilling
Flash Resistant Clothing for Power Industry
Concerns for Creating Safe Working Environment Drive IPC Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Industrial Protective Clothing Market Share (in %) by Company: 2018 & 2025
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
European Industrial Protective Clothing Market: Competitor Market Share Scenario (in %) for 2018 & 2025
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 205
