Global Industrial Protective Clothing Market to Reach US$20.3 Billion by the Year 2027
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
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.
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| Report Attribute | Details |
|---|---|
| No. of Pages | 448 |
| Published | July 2020 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 8.9 Billion |
| Forecasted Market Value ( USD | $ 20.3 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | Global |
Table of Contents
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
JAPAN
CHINA
EUROPE
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
