Global Protective Clothing Market Expected to Reach $16.1 Billion by 2030, Driven by Increasing Safety Awareness and Stringent Regulations

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12 Jul, 2023, 18:15 ET

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DUBLIN, July 12, 2023 /PRNewswire/ -- The "Protective Clothing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Protective Clothing estimated at US$10.3 Billion in the year 2022, is projected to reach a revised size of US$16.1 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030.

Aramid & Blends, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$5.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Polyolefin & Blends segment is readjusted to a revised 5.4% CAGR for the next 8-year period. The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 7.6% CAGRThe Protective Clothing market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5.3% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 5.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$951.3 Million by the year 2030.Select Competitors (Total 106 Featured) -

Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/p9c867

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SOURCE Research and Markets