PROTECTIVE CLOTHING MARKET ANALYSIS

Leading Companies

High initial price of the protective clothing is expected to be one of the restraining factors for the growth of the protective clothing market over the forecast period. Innovation in products and expansions in different geographies are some of the key strategies adopted by the top players in the protective clothing market. In 2016, Honeywell announced investment of US$ 100 million for expansion of the Asia Pacific regional headquarters and R&D facilities in Shanghai. This would complement the company’s network of R&D facilities across the globe. Some of the major companies operating in the market globally are 3M Company, Kimberly Clark Corp, Ansell Limited, Lakeland industries, Honeywell International Inc., Royal Ten Cate, Sioen Industries NV, and E.I. du Pont de Nemours and Company.

Key players in the market are focused on adopting collaboration strategies to enhance their market share. For instance, on September 06, 2019, Dunlop Protective Footwear USA and Upstart Group USA announced a collaboration on an overall strategy to distribute Dunlop’s renowned protective footwear on the Amazon marketplace.

Key market players are also focused on product upgrade to enhance their market share. For instance, in August 2019, Ergodyne, a division of Tenacious Holdings, Inc. and producer of work gloves, safety glasses, knee pads, supports, and head protection, announced launch of new products to its extensive line of N-Ferno cold-weather gear such as beanie cap with super-bright LED lights, hard hat liners with detachable mouthpieces, a neoprene mouthpiece for hard hat winter liners, and a soft knit hat with reflective badge.