LONDON--(BUSINESS WIRE)--The global flame retardant apparel market size is poised to grow by USD 902.10 million during 2020-2024, progressing at a CAGR of almost 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
Workers employed in the construction industry use flame retardant apparel to protect themselves from hazards such as fires, arc flashes, and electrical flashes. There is an increasing demand for flame retardant overalls from the construction industry due to the rise in residential and non-residential construction activities in countries such as the US, China, and India. Moreover, the growth in the construction industry is projected to increase in the employment of workforce that will result in the rise in demand for personal protective equipment (PPE) in the form of flame retardant apparel. Additionally, stringent government regulations on PPE for employed workers will also drive the demand for flame retardant apparel.
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Report Highlights:
- The major flame retardant apparel market growth came from the industry end-users segment. The increased usage of fire retardant coveralls in industrial operations coupled with the fast expansion of certain end-user industries such as construction, manufacturing, and aerospace will propel the growth of this market segment.
- APAC was the largest flame retardant apparel market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growth of different industrial segments and the rise in defense spending will significantly drive flame retardant apparel market growth in this region over the forecast period.
- The global flame retardant apparel market is fragmented. 3M Co., Ansell Ltd., Carhartt Inc., Cintas Corp., Eagle Technical Products Ltd., Honeywell International Inc., Kimberly-Clark Corp., Lakeland Industries Inc., National Safety Apparel, and VF Corp. are some of the major market participants. To help clients improve their market position, this flame retardant apparel market forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the global flame retardant apparel market 2020-2024 is expected to have Negative and Inferior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.
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Sale of PPE through E-commerce Channels will be a Key Market Trend
The sale of PPE through e-commerce channels is a rising trend in the market, and the vendors are anticipated to increasingly focus on e-commerce in the developed and developing countries like UK, US, China, and India.
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Flame Retardant Apparel Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist flame retardant apparel market growth during the next five years
- Estimation of the flame retardant apparel market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the flame retardant apparel market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of flame retardant apparel market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Industries - Market size and forecast 2019-2024
- Firefighting and law enforcement - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Ansell Ltd.
- Carhartt Inc.
- Cintas Corp.
- Eagle Technical Products Ltd.
- Honeywell International Inc.
- Kimberly-Clark Corp.
- Lakeland Industries Inc.
- National Safety Apparel
- VF Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
