Safety Equipment & Supplies Distributors
Like most wholesalers, operators in the Safety Equipment and Supplies Distributors industry seek to purchase goods at a discount and sell them at a premium. Unlike other wholesalers, the nature of safety equipment ensures a more stable level of demand thanks to federal and company-specific regulations mandating the use of safety equipment and supplies in certain hazardous work environments. Despite this, industry revenue declined over the five years to 2018, due to a fluctuating industrial production index, reflecting mixed growth and demand from crucial downstream industries. Over the next five years, trends are expected to hold, and industry revenue is expected to continue its slow decline.
Operators in this industry distribute and deliver safety equipment and supplies to businesses and consumers. Generally, these items are purchased in bulk for manufacturing, construction and other labor-intensive industries. Distributors with retail outlets are included in this industry, but manufacturers with retail outlets and suppliers of goods for medical and healthcare markets are excluded.
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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