Frost & Sullivan: PPE Manufacturers to Benefit from Economic Revitalization and Greater Safety Expectations

Description

Frost & Sullivan: PPE Manufacturers toFrost & Sullivan: PPE Manufacturers to Benefit from Economic Revitalization and Greater Safety Expectations PR Newswire MOUNTAIN VIEW, California, April 15, 2014 -- Companies have enhanced their focus on offering customizable and stylish products to counter competition from low-cost imports The revenue of the total above-the-neck personal protective equipment (PPE) market has steadily regained lost ground since 2010 due to the slow revitalization of US industrial sectors and greater expectations of safety assurances from their employers from the incoming generation of workers. Frost & Sullivan's Chemicals, Materials and Food practice (www.frost.materials.com) finds that the above-the-neck PPE market earned revenue of $1.04 billion in 2013 and estimates this to reach $1.21 billion in 2018. For complimentary access to more information on this research, please visit: http://bit.ly/1hBiyk5. While the total market revenue is expected to continue increasing, there are still many growth hurdles, such as inadequate support to create a zero- injury safety culture, lack of regulatory updates that hinder the integration of new features, and product commoditization due to increased imports of low- cost PPE. Price competition has forced many domestic companies to reduce their costs by outsourcing a large part of their production to other countries.

Informations

• Publié par: frost-sullivan
• Publié le: 15 avril 2014
• Nombre de lectures: 35
• Langue: English

Extrait

Frost & Sullivan: PPE Manufacturers to Benefit from Economic Revitalization and Greater Safety Expectations

PR Newswire

MOUNTAIN VIEW, California, April 15, 2014

-- Companies have enhanced their focus on offering customizable and stylish products to counter competition from low-cost imports

The revenue of the total above-the-neck personal protective equipment (PPE) market has steadily regained lost ground since 2010 due to the slow revitalization of US industrial sectors and greater expectations of safety assurances from their employers from the incoming generation of workers.  

Frost & Sullivan's Chemicals, Materials and Food practice (www.frost.materials.com) finds that the above-the-neck PPE market earned revenue of $1.04 billion in 2013 and estimates this to reach $1.21 billion in 2018.