This market research report includes a detailed segmentation of the global skin protective equipment market by products (protective clothing, hand protection, and protective footwear) and by end user (mining and manufacturing, construction, energy and utilities, government, agriculture, and others). It also outlines the market shares for key regions like APAC, EMEA, and the Americas. The leading vendors analyzed in this report are 3M, Ansell, Drager, Grolls, and Kimberly-Clark.
Technavio has released its new market research report, global SPE market, which is expected to grow at a CAGR of 7% between 2016 and 2020. Rising awareness in mining and manufacturing industries have led to the growth of skin protection equipment (SPE) market. In these industries, many workplace hazards have taken place due to the negligence of workers working at their workplace. Consequently, different safety awareness training programs are being undertaken, which in turn will help to spread awareness about skin protective equipment. The Americas account for 45% of the overall market share. Factors like the Americas’ sustained economic recovery and the imposition of stringent regulations for industrial employee safety will foster market growth in this region during the predicted period.
“Rising awareness about work safety and stringent government regulations have boosted the demand for SPE in the construction and chemical industries. Hazardous work environments in these industries have propelled the use of skin protective clothing, such as special garments that protect employees from heat, flame, extreme cold, toxic chemical agents, chemical splashes, and radiation,” says Chandrakumar BJG, Lead Analyst, Chemicals & Materials, Technavio Research.
The demand for this equipment in developing nations such as India and China is also growing due to increased manufacturing and construction activities. The need to conform to state-mandated safety regulations is also encouraging vendors to design products for local markets, widening the scope for market growth.
The key vendors in the global SPE market include 3M, Ansell, Drager, Grolls, and Kimberly-Clark. This market is dominated by suppliers with a well-established industrial presence and a broad portfolio of products. These companies offer products and solutions for general household applications and professional/industrial environments. These solutions and products include protective clothing, hand and feet protection equipment, head protection equipment, eye protection equipment, and respiratory protection equipment. Factors such as intense competition, rapid technological advancements, and frequent changes in consumer preferences will pose significant challenges for the vendors as they will negatively impact the sale of skin protective equipment.
A more detailed analysis is available in the Technavio report, Global SPE Market 2016-2020.
We can customize this reports by other regions and specific segments upon request.
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