Global Protective Clothing Market to be Propelled by Expansion in Textile Industry by CAGR of 7% During 2023 – 2033

PRESS RELEASE
Published July 27, 2023

New York, United States, Thu, 27 Jul 2023 06:56:09 / Comserve Inc. / -- Research Nester published a report titled “Protective Clothing Market”: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global protective clothing market.

Research Nester published a report titled Protective Clothing Market”: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global protective clothing market in terms of market segmentation by material type, application, end use and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

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The global protective clothing market is anticipated to grow with a CAGR of 7% during the forecast period, i.e. 2023 – 2033. The market is segmented by end-use into construction, manufacturing, oil & gas, mining, medical, defense, firefighters, and others. Out of these, the construction segment is attributed to garner the highest market share by 2033, owing to the expansion of construction sector. A recent report stated that in 2019, the construction industry in the U.S. generated a revenue of approximately USD 2 trillion.

The global protective clothing market is estimated to garner a notable revenue by the end of 2033. With the expansion of industrialization, worker safety awareness is on the rise. Thus, the higher risk of complexity and danger, is anticipated to generate protective clothing in all industries. Also, the rising stringent safety regulations across all industrial sectors, such as construction and oil & gas experience and others is anticipated to increase the production level of protective clothing. Therefore, during the forecast period, the growth of the protective clothing market is anticipated to be driven by an increase in end-user industries across multiple regions and stringent safety regulations in multiple industries.

Geographically, the global protective clothing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region is estimate to garner the largest market share by the end of 2033, which is attributed to the surging number of textile businesses in the region. Further, the growth in textile fiber production, GDP level, expansion of various industries is another factors that is expected to bolster the sales of protective clothing in the forecast period.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Rise in Industrial Accidents and Fatalities to Drive the Market Growth

These fabrics are increasingly being used in various applications due to rise in accidents and deaths due to it. Moreover, the improvement in technologies and implementation of stringent regulations have made the protective clothing a preferred choice in various industries such as chemical, oil & gas and electrical, wherein exposure to hazards and risk of accidents is high. These factors are estimated to bolster the protective clothing market to grow at a healthy rate.

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However, the concerns related to wearability issues along with the high investment costs and constant fluctuation in costs of raw materials is expected to operate as key restraint to the growth of the global protective clothing market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global protective clothing market which includes company profiling of Protective Industrial Products, Honeywell International Inc., Lakeland Inc., 3M, DuPont de Nemours, Inc., Ansell Group, KIMBERLY-CLARK CORPORATION, Teijin Aramid BV, Sioen Industries NV, Cintas Corporation, and more. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.

On the whole, the report depicts detailed overview of the global protective clothing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.    

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

For more information, please contact:

AJ Daniel

Research Nester
Email: [email protected]
Tel: +1 646 586 9123

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