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Personal Protective Equipment Market

Personal protective equipment (PPE) like helmets, gloves, and safety glasses help provide a safe and healthy work environment for employees working under extreme and hazardous conditions. The equipment is essential for the protection of eyes, ears, face, and other body parts when working around hazardous machinery. Technological innovations in industry-specific protective equipment and introduction of smart wearable devices, along with stringent regulations in many industries, have increased the adoption of PPE.

Technavio’s analysts forecast the personal protective equipment market in India to grow at a CAGR of 13.29% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the personal protective equipment market in India for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Technavio’s report, Personal Protective Equipment Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
 

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Key vendors
• 3M India
• Honeywell
• Karam Industries
• Mallcom India
• MSA Safety

Other prominent vendors
• Armstrong Products
• Bata Industrials
• DuPont
• Joseph Leslie
• Kimberley-Clark
• Lindström
• Neo Safety Products
• Super Safety Services
• Sure Safety
• Tara Lohia
• Udyogi
• Venus Safety & Health

Market driver
• Increasing focus on product innovation and aesthetics
• For a full, detailed list, view our report

Market challenge
• Availability of low-cost, uncertified, and sub-standard products
• For a full, detailed list, view our report

Market trend
• Integration of e-commerce channels for procurement of PPE
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

 

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Technavio Announces the Publication of its Research Report – Personal Protective Equipment Market in India 2017-2021

Technavio recognizes the following companies as the key players in the personal protective equipment market in India: 3M India, Honeywell, Karam Industries, Mallcom India, and MSA Safety.

Other Prominent Vendors in the market are: Armstrong Products, Bata Industrials, DuPont, Joseph Leslie, Kimberley-Clark, Lindström, Neo Safety Products, Super Safety Services, Sure Safety, Tara Lohia, Udyogi, and Venus Safety & Health.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of e-commerce channels for procurement of PPE. The B2B e-commerce market in India is still at a nascent stage and offers a high opportunity for growth. The market is expected to reach $700 billion by 2020. The procurement of PPE via e-commerce channels is gaining momentum in India. This integration will enable customers to compare products and see product reviews, videos, photos, and blogs, which are embedded with product information originating from the manufacturer.”

According to the report, one driver in the market is increasing focus on product innovation and aesthetics. Over recent years, many vendors have come up with innovative products and technologically advanced products to enhance the sales of PPE. The products that combine safety with attractiveness will augment industry expansion over the forecast period. Owing to R&D, improved product standards, collaborations with associations, standards set by regulatory bodies, and government support for initiatives related to worker safety, the manufacturers are able to deliver high-quality products. With advances in technology, the PPE market is expected to undergo significant developments and provide value-added products with premium pricing, which will drive the PPE market during the forecast period.

Further, the report states that one challenge in the market is availability of low-cost, uncertified, and sub-standard products. In India, there are many local and regional players that manufacture and sell low-cost, uncertified, and sub-standard products. Small enterprises are largely spread across the country. In most Tier 2 & 3 cities, various PPE vendors import the products from countries like China and Bangladesh. These products are substandard and low cost, offering high-profit margin for such vendors, eroding the market share of certified PPE manufacturers. The end-users prefer these products due to the price factor. To increase the volume of PPE, vendors are forced to offer products at competitive prices, which puts pressure on their margins.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/personal-protective-equipment-market-in-india

Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- https://www.technavio.com/industries/general-retail-goods-and-services
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Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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