Safety Equipment & Supplies Distributors in the US - Industry Market Research Report

Safety Equipment & Supplies Distributors in the US - Industry Market Research Report

Safety Equipment & Supplies Distributors in the US

Safety equipment and supplies distributors have contended with volatile industrial production over the past five years, but widespread federal and company-specific regulations mandating the use of safety equipment and supplies in certain hazardous work environments have kept the industry on a trajectory of growth. A multitude of companies from an array of industries rely on safety equipment to protect their workforce, which means a drop in demand from one industry has only a muted effect on revenue. This has helped keep safety gear wholesalers successful through the COVID-19 pandemic, with industry-wide revenue growing at a CAGR of 1.2% over the past five years, totaling an expected $21.0 billion in 2023, despite falling 3.2% in 2023.

Operators in this industry distribute and deliver safety equipment and supplies to businesses and consumers. Generally, these items are purchased in bulk for manufacturing, construction and other labor-intensive industries. Distributors with retail outlets are included in this industry, but manufacturers with retail outlets and suppliers of goods for medical and healthcare markets are excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."