Safety Apparel Market 2024-2028: Size and Increase in cost of raw materials impacting supply chain; growth driven by the Application, Some of key Companies Positioned Strategically

The safety apparel market size by Application (Chemical defending, Flame retardant, Mechanical, High visibility, and Others) and Geography (APAC, North America, Europe, South America, and Middle East and Africa), is forecast to increase by USD 16261.3 million. The market is expected to grow at a CAGR of  over 16.79% between 2024 and 2028.

• In the Safety Apparel Market, the absence of long-term contracts between manufacturers and suppliers exposes the entire supply chain to price fluctuations of raw materials such as fabric and chemicals. Consequently, customers may opt for alternative solutions, including normal or sub-standard apparel, to mitigate the increased costs of providing safety apparel to their employees. Furthermore, safety apparel orders are typically custom and rush, enabling customers to seek out lower-priced alternatives from competing manufacturers. As a result, manufacturers face the challenge of maintaining profitability and market competitiveness without passing on the full cost burden to their customers.
• The Safety Apparel Market encompasses the production, distribution, and sale of protective clothing and accessories designed to shield workers from occupational hazards. Key market drivers include stringent safety regulations and the growing awareness of workforce safety. Companies prioritize innovation, utilizing advanced materials and technologies to create high-performance safety apparel. Market size is projected to expand significantly due to increasing industrialization and rising labor force in developing economies.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• 3M Co.
• Anbu Safety Industrial Co. Ltd.
• Ansell Ltd.
• ASATEX AG
• Ballyclare Ltd.
• Delta Plus Group
• DuPont de Nemours Inc.
• Honeywell International Inc.
• Kermel
• Kimberly Clark Corp.
• Lakeland Industries Inc.
• NASCO Industries Inc.
• OccuNomix International LLC
• Sioen Industries NV
• Teijin Ltd.
• UniFirst Corp.
• VF Corp.
• W. L. Gore and Associates Inc.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/