Protective Workwear Market Capacity and Growth Rate Analysis 2017
Based on the findings
of a research report available on Radiant Insights, Inc.; the global protective
workwear market is anticipated to expand at around 5% growth rate during the
forecast period (from 2017 to 2021). Increased awareness about employee safety
is one of the prominent factors driving the growth of this market. Rapid development of construction industry
across the globe is also expected to boost the worldwide market.
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In addition, the
increasing number of women employees in various industries, such as
construction, manufacturing, mining, and agriculture, generating the demand for
protective workwear for women is also likely to propel the global market
growth. Companies are focusing on developing Personal Protective Equipment (PPE)
for women employees in the industrial sector, as well as for women working in
lab and research facilities.
The major factor that
may hamper the growth of this market includes costs and functionality trade off. However, recent market trends such
as the advent of wearable technology, which is a subset of Internet-of-Things
(IoT), are also expected to augment the market for protective workwear in near
future. Focus on making different protective workwear that is well-suited for
combination use, like safety goggles that can be used with ear muffs or a
respiratory mask, has increased. This factor is also anticipated to spur the overall
market growth during the forecast period.
Stern regulations regarding
employee safety by different governments are also projected to further boost
the global protective workwear market growth over the next few years.
Furthermore, rapid industrialization along with constantly improving economic
conditions may augment the demand for protective workwear across different
industries.
Invista’s Cordura
brand is expected to displaying their latest innovations at the A+A Show set to
take place in October 2017. The innovations are anticipated to range from FR
solutions with the company’s unique fabric technology that can improve strength
to specialist stretch fabrics for garment reinforcement. According to the
company, these innovations are ideal for today’s evolving workwear environment.
Based on application,
the market is segregated into chemical, visibility, biological, and thermal.
Chemical protective workwear segment accounted for the largest market share in
the past and is projected to maintain the dominance throughout the forecast
period. Increasing number of chemical factories and protection against
chemicals are said to be the key segment drivers.
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