Strategic Analysis of North American Construction Personal Protective Equipment (PPE) Market

Jan 26, 2016, 17:10 ET from Reportlinker

NEW YORK, Jan. 26, 2016 /PRNewswire/ --Strategic Analysis of North American Construction Personal Protective Equipment (PPE) Market : Residential Construction Presents Strong Growth Opportunities
This research service covers the personal protective equipment used in the North American construction industry. The market is analyzed in terms of 9 products: above-the-neck protection—which includes head, eye, face, and hearing protection—respiratory protection, protective gloves, high-visibility protective clothing, protective footwear, and fall protection. Revenues for each product market are provided alongside country breakdowns for the United States and Canada. In addition, market drivers, restraints, and product and technology trends are outlined. A competitive analysis for each product market is also provided. Forecasts are given for 2015 to 2019 and the base year is 2014.

Key Questions This Study Will Answer

- Is the market growing, how long will it continue to grow, and at what rate?
- Are the existing competitors structured correctly to meet customer needs?
- How do the dynamics of the industry and regional diversities affect the PPE market?
- How will the structure of the market change with time?
- Is the market growing, how long will it continue to grow, and at what rate?
- Are the products/services offered today meeting customer needs, or is additional development needed?

Key Findings

The North American construction industry personal protective equipment (PPE) market generated revenue of $ billion in 2014 and is expected to grow with a CAGR of % to reach $ billion in 2019.

- The most important factor influencing this market is the competitive pricing of products. Despite factors such as comfort, design, and style having a notable impact on the sales of PPE, pricing continues to be the key decision-making factor that drives business; hence, it is increasingly important for PPE manufacturers to adopt cost-efficient business practices so that the end product remains competitive in terms of price.

- In a market that is affected by lack of awareness and is extremely under-compliant to safety standards, it is important for manufacturers to increase the level of awareness through educational campaigns, not only for end users, but also for distributors as they are the most important link between PPE manufacturers and the construction industry.

- The construction industry is markedly different from other industries, as the hazards in it are often unidentified; as a result, it is very difficult to educate end users about them. Customer service and end-user engagement, therefore, play a vital role in helping companies build long-term relationships with their clients. In addition to providing a reliable supply of products, PPE manufacturers that invest time and effort in understanding the specific needs of their clients are successful.



Read the full report: http://www.reportlinker.com/p03180763-summary/view-report.html

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