Market outlook of the global skin protective equipment market
Technavio’s market research analyst predicts the global skin protective equipment market to grow at a CAGR of approximately 7% by 2020. The skin protective equipment market is anticipated to grow at a steady pace owing to the rising awareness in mining and manufacturing industries. 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.
In terms of geography, the Americas will account for a market share of more than 45% by 2020. The development of innovative products by vendors like 3M and Honeywell will help in the growth of this market. Moreover, 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.
Segmentation and analysis by product of global skin protective equipment market
- Protective clothing
- Hand protection
- Protective footwear
- Head, eye, and face protection
The hand protection equipment segment is the largest market segment in the global skin protective equipment market. This market segment presently accounts for a market share of more than 30% and is envisaged to further enhance its hold over the market by 2020 owing to the augmented demand for gloves in industrial and household applications.
Segmentation and analysis by end-user of global skin protective equipment market
- Mining and manufacturing
- Construction
- Energy and utilities
- Defense
- Others
Technavio market research analysts have estimated the mining and manufacturing segment to account for an impressive market share of more than 43% by 2020. Analysts have estimated eminent factors, such as the recent increase in mining and manufacturing activities in the developing countries and the rapid growth of the e-commerce sector, to bolster the prospects for growth in this market segment during the predicted period.
Competitive landscape and key vendors
The global skin protection equipment 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.
Leading vendors in the market are -
- 3M
- Ansell
- Drager
- Grolls
- Kimberly-Clark
Other prominent vendors in this market include Honeywell, Kwintet, MSA Safety, Jallatte Group, Gateway Safety.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global skin protective equipment’s market?
- What are the key market trends impacting the growth of the skin protective equipment’s market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global skin protective equipment’s market?
- Trending factors influencing the market shares of the APAC, EMEA, and the Americas.
- What are the key outcomes of the five forces analysis of the skin protective equipment’s market?
Technavio also offers customization on reports based on specific client requirement.
Related reports:
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Global SPE market by product type
- Global protective clothing market
- Global hand protective equipment market
- Global protective footwear market
- Global head, eye, and face protective equipment market
PART 07: Market segmentation by end-user
- Global SPE market by end-user
- Global SPE market in mining and manufacturing industry
- Global SPE market in construction industry
- Global SPE market in energy and utilities industry
- Global SPE market in defense industry
- Global SPE market in other industries
PART 08: Geographical segmentation
- Global SPE market by region
- SPE market in the Americas
- SPE market in EMEA
- SPE market in APAC
PART 09: Market drivers
- Risk awareness
- Government regulations monitoring work environments
- Rapid industrialization
PART 10: Impact of drivers
PART 11: Market challenges
- Changing labor market scenario
- Cost-benefit analysis
- Combination-driven protection
PART 12: Impact of drivers and challenges
PART 13: Market trends
- Growing importance of occupational health and safety
- Increasing demand from construction and chemical industries
- Advanced protection
PART 14: Vendor landscape
- Competitive scenario
- Major market vendors
- Competitive landscape
- Other prominent vendors
- 3M
- Ansell
- Dräger
- Grolls
- Kimberly-Clark
PART 15: Appendix
PART 16: Explore Technavio