Effectiveness of Distinction Between Being a Manufacturer and a Distributor
The FR Apparel market is very different right now than it was 5 year ago. There was a clear distinction between the manufacturers and the distributors in the minds of the business to business circles and the business to customers circle. During the course of the last 5 years the distinction between the manufacturers and the distributors was growing thinner and now the distinction no longer exists.
Regulatory Mandates Opening Up New Market Opportunities
Following the trend of better protection on the job, basic work clothing is being replaced in some jobs by other garments. Due to the observed hazards in certain types of work, the Occupational Safety and Health Administration (OSHA) has issued regulations to use the appropriate tools and equipments. In 1992, OSHA 29 CFR 1910.119 instructed employers in the chemical and petroleum industry to ensure that their employees use protective equipments. In January 1995, OSHA put into effect CFR 1910.269, which clearly requires the use of FR apparel for electrical utilities. These two regulations, along with the aforementioned NFPA 70E rulings, have virtually created markets, and continue to motivate demand as more companies come into compliance.
The Opportunity for Increased Earnings.
The total revenue for FR apparels for the year is $ 1843.9 million. Of this the major revenues came from the petroleum industry which accounted for $ 893.3 million or 48 percent of the total Fr apparels revenues for the year 2005.The industry which contributed second maximum to the total Fr apparels revenues for the year 2005 was the electrical utilities industries which accounted for $ 500 million or 27 percent. The total revenues for the FR apparels market for the year 2012 is estimated to be $ 2658.5 million.
Benefits of this Service
Regulatory Mandates Opening Up New Market Opportunities
Following the trend of better protection on the job, basic work clothing is being replaced in some jobs by other garments. Due to the observed hazards in certain types of work, the Occupational Safety and Health Administration (OSHA) has issued regulations to use the appropriate tools and equipments.
Increasing Safety Awareness
Education and awareness are a continual theme in protective clothing. In order to sell new products, manufacturers must make it known to the end users that a particular product exists and why it is needed.
Fear of Fines
This is particularly important to owners who, when they sign their Sarbanes-Oxley documents, cannot avoid the responsibility for knowing what is going on within their organizations.
Desire to Minimize Worker Downtime
No company, large or small, can regularly afford the hidden costs associated with lost worker productivity. In extreme cases, costs can also include hiring and training additional workforce to fill in for those who are laid up from nonfatal injuries as well as have met fatal accidents.
Market Segments
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
U.S. Direct Sales for Fire Resistant Apparel Market
U.S. Rental Sales for Fire Resistant Apparel Market
What's Included
Introduction: This section provides information on Market Products and Industries with respect to the type of F.R Apparels.
Strategic Analysis: An in-depth look at the Competitive Forces in the market, drivers and restraints. The strategic analysis is provided for the particular segments covered in the report.
Strategic Recommendations: A comprehensive document on the do's in the present market scenario providing an intensive coverage of various strategies to be followed.
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