On the back of these factors, the global protective clothing market is estimated to cross US$ 9 Bn in 2020 and is anticipated to expand more than 6% CAGR during the forecast period of 2020-2030.
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Outbreak of Covid-19 Disease Surge in Demand for Protective Clothing across the Globe
The outbreak of Covid-19 pandemic which had started in China, now spread all over the world. As of 7th April, 2020, the total positive cases recorded were 1.4 Mn and 81,049 total number of deaths. It has effected more than 209 countries and territories so far. Apart from some essential products and services, all businesses are temporarily closed. As per World Economic Forum, The US and Eurozone’s economies are expected to recover to its full swing until 2023. The pandemic has raised a sudden need of protective clothing among doctors, nurses, and other health care professionals.
The use of coverall and lab coats are in high demand for medical professional, lab testers etc. Companies are facing enormous demand for protective clothing, and as a result, companies are currently expanding their production capacity to meet growing market demand. Lakeland Industries Inc., DuPont, have expanded their production capacity of protective clothing. Many other companies also started production of protective clothing to meet the domestic and global demand to fight against Covid-19.
Key Takeaways from the Protective Clothing Market Study
- East Asia is expected to dominate the global protective clothing market owing to rise in demand for protective clothing in hospitals to eliminate spread of disease and treat coronavirus patients coupled with significant presence of prominent companies in China and Japan. Moreover, large number of low cost labour base and availability of raw material in East Asia are also the factors for the growth of protective clothing market in the region.
- According to FMI, coverall segment are expected to see higher sales than its counterpart such as vest, jackets, aprons etc. Growing need for protection in chemical and manufacturing sector and healthcare industries have propelled the sales of coverall.
- Non-Woven material are mostly used in protective clothing market. It is expected to hold the largest share during the forecast. Advancement in Nano technology and materials such as electrospun nanofibers, fibers with novel cross sections, intelligent textiles, and biomimetic materials are expected to see a robust growth during the forecast.
- Manufacturing sector holds the largest share in the global protective clothing market. However, healthcare sector is expected to grow at significant CAGR owing to high demand for coverall, lab coats, and medical grown. Moreover, ongoing coronavirus pandemic has increased an enormous demand for protective clothing across the globe.
Manufacturing Capacity Expansion To Increase Product Supply
Currently, the organizations in the market are focused on expanding their manufacturing base to fulfil the rising demand. The WHO (World Health Organization) has urged the governments of countries to work with companies in order to increase the production of necessary medical and healthcare protection clothing and equipment supplies in view of the global pandemic outbreak. A well-established company DuPont has increased its production of Tyvek hazmat suits which is important to protect the doctors and nurses fighting the pandemic in the frontline.
“Due to the ongoing pandemic, the demand for protective clothing has reached to a new level, especially for doctors and nurses. Companies are increasing its production capacity. Many companies from other sectors are switching their production lines to fight COVID-19 such as Arvind Mills are currently producing protective coveralls and masks to ensure adequate supply in the market” says an FMI analyst.
Some of the key players operating in the protective clothing market are 3M Company, Ansell Limited, Kimberly Clark Corp., Teijin Limited, Sioen Industries, Lakeland Industries, Inc., W. L. Gore & Associates, Workrite Uniform Company, Inc., Cetriko, Lakeland Industries, Inc.,Ballyclare Limited, Glen Raven, DuPont and others.
Who is winning?
Several leading companies are expanding their production capacity. Extensive R&D, merger & acquisition and partnership activities to come up with new technologies which can change the market landscape of protective clothing.
- In March 2020, Lakeland Industries Inc. has expanded its manufacturing capacity by 30% to support market for the requirement of protective clothing.
- In 2018, Radians, a manufactures industrial protective clothing had acquired Neese Industries, Inc. to increase its production capability.
Get Valuable Insights into Protective Clothing Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global protective clothing market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The protective clothing study reveals compelling insights on the protective clothing market on the basis of product type (coverall, vest, jacket, apron, others), material type (non-woven, woven, knit), end use industry (manufacturing, oil & gas, healthcare, others), demographics (men, women), and sales channel (offline, online) across all regions.