Personal Protective Equipment Manufacturing in the US - Industry Market Research Report
Personal Protective Equipment Manufacturing
The Personal Protective Equipment Manufacturing industry thrives on safety regulations. The Occupational Safety and Health Administration (OSHA) has continued to implement an increasing number of regulations to protect workers. As a result, more workers in hazardous conditions must use personal protective equipment to prevent injury, which has and will continue to sustain demand for industry products and mitigate industry volatility. Industry performance reflects the recovery and rise of industrial and construction activity, and industry revenue is expected to grow over the five years to 2019. Low-cost imports pose a growing threat to domestic manufacturers, despite rising demand. To effectively compete, many companies are developing innovative products that compete on the basis of quality rather than price. Additionally, major industry players are acquiring smaller, cutting-edge equipment manufacturers to expand their product offerings and bolster their market share. Demand from construction and industrial growth will continue to drive demand for personal protective equipment and clothing over the five years to 2024. However, an appreciating US dollar will limit growth, and consolidation is expected to continue as foreign competition intensifies and operators aim to increase their market reach.
Operators in this industry manufacture personal protective equipment. This includes protective equipment for hands, feet, eyes, ears, faces and respiratory systems. This industry also manufactures ergonomic and fall protection equipment, as well as protective clothing, such as hazmat suits and reflective vests.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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