Electrical Safety Personal Protective Equipment Global Market Report 2023:
Sector to Reach $19.94 Billion by 2027 at an 8.2% CAGR – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Electrical Safety Personal Protective Equipment Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering.
The global electrical safety personal protective equipment market grew from $13.14 billion in 2022 to $14.56 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The electrical safety personal protective equipment market is expected to grow to $19.94 billion in 2027 at a CAGR of 8.2%.
Asia-Pacific was the largest region in the electrical safety personal protective equipment market in 2022. The regions covered in the electrical safety personal protective equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Growth in industrialisation is significantly contributing to the growth of the electrical safety personal protective equipment market. Industrialisation is the process of transformation of any economy from agricultural to manufacturing of goods by developing industries. The growth in various industries is increasing the electricity demand as well as promoting the use of electrical safety personal protective equipment to protect the workers from electrical hazards.
For instance, according to the Trading Economics report, in February 2022, industrial production in the United States climbed by 7.5% year over year, the largest yearly growth since June 2021. Therefore, the growth in industrialisation is promoting the growth of the electrical safety personal protective equipment market.
Strategic partnerships and collaborations have emerged as a key trend gaining popularity in the electrical safety personal protective equipment market. Key players in the market are focusing on partnerships and collaborations to reinforce their position.
In March 2021, Unisync Corp., a Canada-based provider of corporate apparel and protective garments, announced a strategic partnership with Mark’s, a Canada-based clothing and footwear retailer specializing in casual and industrial wear, to deliver branded safety boots across its large scale managed clothing uniform contracts, beginning with one of the company’s major airline clients. With this collaboration with Mark’s, Unisync can now expand their product offering to include footwear in a service-oriented approach.
In April 2021, Honeywell, a US-based conglomerate corporation, acquired Norcross Safety Products for $1.2 billion. This acquisition will provide Honeywell with a complete platform in a fragmented, global segment which is expected to yield substantial growth opportunities. Norcross Safety Products is a US-based company that manufactures personal protective equipment.
The countries covered in the electrical safety personal protective equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Scope
Markets Covered
1) By Product Type: Head Protection; Eye And Face Protection; Hearing Protection; Protective Footwear; Hand Protection; Arc Rated Clothing
2) By Application: Shock Hazard; Arc Flash Hazard
3) By End-User: Electrical; Automotive; Oil and Gas; Machinery; Construction; Mining; Other End Users
Key Topics Covered:
1. Executive Summary
2. Electrical Safety Personal Protective Equipment Market Characteristics
3. Electrical Safety Personal Protective Equipment Market Trends And Strategies
4. Electrical Safety Personal Protective Equipment Market – Macro Economic Scenario
5. Electrical Safety Personal Protective Equipment Market Size And Growth
6. Electrical Safety Personal Protective Equipment Market Segmentation
7. Electrical Safety Personal Protective Equipment Market Regional And Country Analysis
8. Asia-Pacific Electrical Safety Personal Protective Equipment Market
9. China Electrical Safety Personal Protective Equipment Market
10. India Electrical Safety Personal Protective Equipment Market
11. Japan Electrical Safety Personal Protective Equipment Market
12. Australia Electrical Safety Personal Protective Equipment Market
13. Indonesia Electrical Safety Personal Protective Equipment Market
14. South Korea Electrical Safety Personal Protective Equipment Market
15. Western Europe Electrical Safety Personal Protective Equipment Market
16. UK Electrical Safety Personal Protective Equipment Market
17. Germany Electrical Safety Personal Protective Equipment Market
18. France Electrical Safety Personal Protective Equipment Market
19. Eastern Europe Electrical Safety Personal Protective Equipment Market
20. Russia Electrical Safety Personal Protective Equipment Market
21. North America Electrical Safety Personal Protective Equipment Market
22. USA Electrical Safety Personal Protective Equipment Market
23. South America Electrical Safety Personal Protective Equipment Market
24. Brazil Electrical Safety Personal Protective Equipment Market
25. Middle East Electrical Safety Personal Protective Equipment Market
26. Africa Electrical Safety Personal Protective Equipment Market
27. Electrical Safety Personal Protective Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electrical Safety Personal Protective Equipment Market
29. Electrical Safety Personal Protective Equipment Market Future Outlook and Potential Analysis
30. Appendix
A selection of companies mentioned in this report includes
- Honeywell International Inc
- Ansell Ltd.
- Baymro Safety China
- COFRA S.r.l.
- 3M
- Kimberly-Clark
- UVEX Group
- MSA
- Mallcom
- Udyogi
- Paulson Manufacturing
- Rock Fall Ltd
- National Safety Apparel
- Chicago Protective Apparel Inc.
- Cintas Corporation
- Sibille Fameca Electric
For more information about this report visit https://www.researchandmarkets.com/r/j5hvbg
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