PROTECTIVE CLOTHING MARKET ANALYSIS

Market Challenges And Opportunities

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.