Global Industrial Clothing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Industrial clothing is designed to minimize exposure to hazards that cause serious workplace injuries and illnesses. These injuries and illnesses may result from contact with chemical, radiological, physical, electrical, mechanical, or other workplace hazards. Industrial clothing is an essential element of the overall worker safety control strategy, primarily used in several end-use industries such as automotive, chemical, mining, oil & gas, and healthcare industries.
Market Overview:The latest research study on the global Industrial Clothing market finds that the global Industrial Clothing market reached a value of USD 468.11 million in 2022. It’s expected that the market will achieve USD 601.29 million by 2028, exhibiting a CAGR of 4.26% during the forecast period.
Influence of COVID-19 Outbreak on Industrial Clothing Industry Development
For manufacturers of industrial clothing, supply chain disruptions, logistical downtime, and shortages of raw materials are hindering the manufacture of industrial clothing. Despite the high global demand for personal protective equipment, the global supply of industrial clothing was insufficient during the outbreak, which occurred in the first two quarters of 2020, when China, the main manufacturing country, stopped supplying it. However, with the outbreak under control, global production has gradually recovered, and industrial clothing suppliers have expanded their production capacity for health care accordingly.
The COVID-19 outbreak also had a negative impact on the demand for industrial clothing, as it reduced industrial activity worldwide. Conversely, some of the positive effects of the COVID-19 pandemic on this market were the surge in demand for industrial clothing in the medical industry, which compensated for the decline in demand for industrial clothing in other industries. For the downstream industry of industrial clothing, the COVID-19 pandemic has created a number of challenges for industrial manufacturers, especially those who rely on workers whose work cannot be performed remotely. Amid plummeting oil prices and demand, supply chain bottlenecks, slowing spending, and volatile credit markets, some major industrial companies have closed facilities and are considering the extent of layoffs to help contain the spread of the virus, as well as for economic reasons. The manufacturing sector is poised to be hit hard in this outbreak for two main reasons. First, many manufacturing jobs are performed on site and cannot be performed remotely. Second, the slowdown in economic activity has reduced the global demand for industrial products. Protecting the health of consumers and the workforce is a top priority for businesses and governments alike. For manufacturers in the hardest hit areas, plant closures (full or partial) are likely to remain necessary for a long time.
Limitations
Today, many industrial clothing companies are focusing on raw materials that offer lightweight, higher heat resistance, comfort, and abrasion resistance, among other material characteristics. This move is aimed at achieving versatility in protective clothing and increasing its range of applications. However, one of the challenging factors can be the fluctuating costs of key materials such as aramid fibers, carbon fibers, and silicates. When there is a significant increase in raw materials, the impact on business operations and profitability can be significant. Market participants, especially those that are not backward integrated, need to focus on sourcing materials through dedicated supply channels in order to maintain production volumes. Also, some industrial customers tend to be very price sensitive, especially when it comes to products that are not directly related to their value chain. Some employers do not supply equipment beyond what is legally required, preferring to buy at the cheapest price. When rising costs are not passed on to downstream customers, it can cause further damage to suppliers of industrial clothing.
Products must conform to local standards and therefore must be adapted. In some countries or regions, such as Japan, Japanese companies and public customers prefer Japanese suppliers. Therefore, a unique sale proposition as well as the willingness and patience to build lasting relationships with customers is essential. Industrial clothing manufacturers have a keen eye for the products of international competitors. In addition, finding experienced salespeople can be more challenging and time consuming. Construction and manufacturing markets may shrink due to cost-cutting measures and shrinking labor. Factories are being moved overseas. This will probably lead to a contraction in the demand for industrial clothing this market.
Region Overview:From 2023-2028, Europe is estimated to witness robust growth prospects.
Company Overview:3M is one of the major players operating in the Industrial Clothing market, holding a share of 5.75% in 2020.
3M Company develops, manufactures, and markets various products worldwide. It operates through four business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offer personal safety products, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules to industrial, electrical, and safety markets. The Transportation and Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive and aerospace, and commercial solutions; advanced materials; and transportation safety products to transportation and electronic original equipment manufacturer customers. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products to healthcare industry. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies to various consumers. This segment is also involved in the retail auto care business. It offers its products through various e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users.
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company's segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company's K-C Professional segment offers solutions and supporting products, such as wipers, tissue, towels, apparel, soaps and sanitizers. Kimberly-Clark Professional's brands including Kleenex®, Scott®, Cottonelle®, WypAll®, Kimtech*, and KleenGuard™.
Segmentation Overview:Among different product types, Reusable Industrial Clothing segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Chemical and Oil Refining segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Industrial Clothing market covered in Chapter 3:DuPont
Sioen Apparel
National Safety Apparel
Bulwark Protection
Honeywell
Lakeland Industries
Magid
Protective Industrial Products (PIP)
Kimberly-Clark Professional
MCR Safety
3M
Ansell Limited
In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Clothing market from 2018 to 2029 is primarily split into:Disposable Industrial Clothing
Reusable Industrial Clothing
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Clothing market from 2018 to 2029 covers:Chemical and Oil Refining
Transportation
Construction
Healthcare/Medical
Food processing
Mining
Military
Firefighting & Law Enforcement
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)