TechNavio recognizes the following companies as the key players in the Global Personal Protective Equipment Market 2014-2018: 3M Co. Ltd., Honeywell Ltd., Ansell Healthcare Products LLC, and Avon Rubber plc
Commenting on the report, an analyst from TechNavio’s team said: “There has been an increasing awareness regarding safety and protective equipment in the various industries across the globe. Many organizations are focusing on employee safety on-site to avoid any accidents. As well as this, new legislation which is enforcing standards of work and personal safety is being introduced across different parts of the world to increase personal safety. Thus, the Global PPE market is driven by regulations and legislation that require enterprises to provide employees with safety and protection equipment. ”
According to the report, one of the major drivers in the market is the increasing importance attached to on-site employee safety. Increasing industrial activities and a subsequent increase in the risk of on-site accidents have forced organizations to lay more focus on the safety of employees, especially at on-site workplaces.
Further, the report states that one of the major challenges is the increase in manufacturing automation activities across different industries worldwide. This has resulted in a low manpower requirement. In addition, increasing raw material prices and stiff competition in the market are leading to price wars among PPE manufacturers across the globe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-personal-protective-equipment-mar…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Personal Protective Equipment Market 2014-2018
